ENTREE RESOURCES LTD (ETG.CA) Stock Technical Analysis
Canada - TSX:ETG - CA29384J1030 - Common Stock
2.29 CAD
+0.01 (+0.44%)
We assign a technical rating of 6 out of 10 to ETG. In the last year, ETG was an average performer in the market. There are positive signs in the very recent evolution, but the medium term picture is still mixed.
The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
When comparing the yearly performance of all stocks, we notice that ETG is one of the better performing stocks in the market, outperforming 72% of all stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ETG is an average performer in the Metals & Mining industry, it outperforms 44% of 807 stocks in the same industry.
ETG is currently trading in the middle of its 52 week range. The S&P500 Index however is currently trading near new highs, so ETG is lagging the market.
In the last month ETG has a been trading in the 2.00 - 2.39 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
ETG has an average technical rating and the quality of the presented setup is also not ideal at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
1.93
2.77
When analyzing the support we can see 3 important areas.
- A support zone ranging from 2.15 to 2.22. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.05 to 2.05. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 1.95 to 1.98. This zone is formed by a combination of multiple trend lines in multiple time frames.
6 important resistance areas can be observed.
- Resistance @2.33 from a trend line in the daily time frame.
- Resistance @2.37 from a horizontal line in the daily time frame.
- Resistance @2.55 from a trend line in the weekly time frame.
- Resistance @2.61 from a horizontal line in the weekly time frame.
- Resistance @2.67 from a horizontal line in the daily time frame.
- Resistance @2.74 from a horizontal line in the daily time frame.
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for ETG.CA is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETG.CA is up. |
| ChartMill Relative Strength | 72.05 | POSITIVE | ETG.CA has a high relative strength, it outperformed 72.05% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of ETG.CA is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of ETG.CA is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of ETG.CA is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 57.64 | NEUTRAL | The RSI value for ETG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests ETG.CA has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 63.33 | NEUTRAL | The Stochastics value for ETG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.28 | MEDIUM VOLATILITY | The ATR as a percentage value for ETG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 22.4 | NEUTRAL | The ADX value for ETG.CA suggests a possible start of a new trend. |
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 2.34 | 2.14 | 0.20 (8.55%) | 11.70% |
| An entry @2.34. This is a Buy Stop order right above the resistance zone. | An exit @2.14. This is a Stop Loss order right below the support zone. | The trade has a worst case loss of 0.20 points, which is 8.55%. | When investing 11.70% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
TSX:ETG (9/16/2025, 7:00:00 PM)
2.29
+0.01 (+0.44%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.44%
1 Week5.05%
2 Weeks4.09%
1 Month11.17%
3 Month15.08%
6 Month4.09%
12 Month32.37%
2 Year78.91%
3 Year154.44%
5 Year451.81%
10 Year472.5%
15 Year-23.15%
Volatility
ATR(14)0.08
ATR(20)%3.28%
ATR Inc-16.51%
Range Today0.06
ADR(20)0.07
ADR(20)%3.17%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS72.05
Mansfield-0.84
10 Day High2.39
10 Day Low2.09
20 Day High2.39
20 Day Low2
52 Week High2.76
52 Week Low1.7
CS1 End2.22
CR1 Start2.33
Volume & EV
DER(3)2.99%
DER(5)3.78%
Volume60.92K
Volume Incr-22.64%
Vol(5)46.15K
Vol(50)72.76K