ENTREE RESOURCES LTD (ETG.CA) Stock Technical Analysis
Canada - TSX:ETG - CA29384J1030 - Common Stock
Taking everything into account, ETG scores 8 out of 10 in our technical rating. This is due to a decent performance in both the short and medium term time frames. Compared to the overall market, ETG is only an average performer.
Besides having an excellent technical rating, ETG also presents a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period. There is a resistance zone just above the current price starting at 2.41. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 2.25, a Stop Loss order could be placed below this zone.
More info and screens
1.96
4 important support areas can be observed.
- A support zone ranging from 2.24 to 2.25. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A support zone ranging from 2.16 to 2.18. This zone is formed by a combination of multiple trend lines in multiple time frames.
- A support zone ranging from 2.08 to 2.12. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @1.98 from a horizontal line in the daily time frame.
We can see 4 important resistance areas.
- Resistance @2.41 from a horizontal line in the daily time frame.
- Resistance @2.52 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.
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 | UP | POSITIVE | The long term trend for ETG.CA is up. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for ETG.CA is up. |
| ChartMill Relative Strength | 63.22 | NEUTRAL | ETG.CA is not amongst the best or worst performers 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) | DOWN | MIXED | The current price of ETG.CA is above a declining SMA(200). |
| Relative Strength Index/RSI (14) | 58.43 | NEUTRAL | The RSI value for ETG.CA is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | POSITIVE | The MACD value suggests ETG.CA has a positive trend. |
| Stochastics (14,3) | 62.96 | NEUTRAL | The Stochastics value for ETG.CA is a neutral value. |
| Average True Range in percent/ATR (20) | 3.64 | MEDIUM VOLATILITY | The ATR as a percentage value for ETG.CA suggests some volalility. |
| Average Directional Index/ADX (14) | 16.86 | NEGATIVE | The low ADX value for ETG.CA suggests a weak or negative trend. |
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 |
|---|---|---|---|
| 2.42 | 2.23 | 0.19 (7.85%) | 12.74% |
| An entry @2.42. This is a Buy Stop order right above the resistance zone. | An exit @2.23. This is a Stop Loss order right below the support zone. | The worst case loss on the trade is limited to 0.19 points, which is 7.85%. | When investing 12.74% 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 (10/30/2025, 7:00:00 PM)
2.37
+0.03 (+1.28%)
ENTREE RESOURCES LTD / ETG.CA FAQ
What is the technical rating for ETG stock?
ChartMill assigns a technical rating of 8 / 10 to ETG.CA.
What is the trend direction for ETG stock?
The current trend direction for ENTREE RESOURCES LTD (ETG.CA) is Bullish.
Can you provide the RSI signal for ENTREE RESOURCES LTD?
ENTREE RESOURCES LTD (ETG.CA) has an RSI value of 58.4283. This indicates that the stock is currently neutral.
Can you provide the MACD signal for ENTREE RESOURCES LTD?
The MACD indicator for ENTREE RESOURCES LTD (ETG.CA) has a value of 0.0046932, indicating a bearish trend.
What is the buy/sell signal for ETG stock?
The buy/sell signal for ENTREE RESOURCES LTD (ETG.CA) is buy as both the short term and long term trends are positive.