EAST AFRICA METALS INC (EAM.CA) Stock Technical Analysis
TSX-V:EAM - TSX Venture Exchange - CA2704101039 - Common Stock - Currency: CAD
Overall EAM gets a technical rating of 3 out of 10. Although EAM is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.
The long term trend is still negative, but the short term trend is neutral. It is advised to wait a little bit longer to see how this turns out.
EAM is currently trading in the lower part of its 52 week range, which is not a good signal. Agreed, the S&P500 Index is also not doing fantastic, but it still sitting in the middle of its 52 week range.
In the last month EAM has a been trading in the 0.10 - 0.13 range, which is quite wide. It is currently trading near the high of this range.
Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
Looking at the yearly performance, EAM did better than 81% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
EAM is part of the Metals & Mining industry. There are 822 other stocks in this industry, EAM did better than 66% of them.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
The technical rating of EAM is bad and it also does not present a quality setup at the moment. Prices have been extended to the upside lately. For a nice entry it is better to wait for a consolidation.
More info and screens
0.12
0.14
When analyzing the support we notice one important area.
- A support zone ranging from 0.12 to 0.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
We found 1 important resistance area.
- A resistance zone ranging from 0.14 to 0.14. This zone is formed by a combination of multiple trend lines in multiple time frames.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.87
Mansfield-2.52
10 Day High0.13
10 Day Low0.11
20 Day High0.13
20 Day Low0.1
52 Week High0.29
52 Week Low0.08
Performance
1 Week19.05%
2 Weeks8.7%
1 Month25%
3 Month0%
6 Month-47.92%
12 Month38.89%
2 Year-10.71%
3 Year-54.55%
5 Year38.89%
10 Year108.33%
15 YearN/A
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)
Technical Indicators
MACD(12,26,9)0
RSI(14)60.02
LBB0.1
UBB0.12
TSX-V:EAM (3/7/2025, 7:00:00 PM)
0.125
+0.01 (+4.17%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg4.17%
1 Week19.05%
2 Weeks8.7%
1 Month25%
3 Month0%
6 Month-47.92%
12 Month38.89%
2 Year-10.71%
3 Year-54.55%
5 Year38.89%
10 Year108.33%
15 YearN/A
Volatility
ATR(14)0
ATR(20)%3.8%
ATR Inc288.89%
Range Today0.01
ADR(20)0
ADR(20)%1.4%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.87
Mansfield-2.52
10 Day High0.13
10 Day Low0.11
20 Day High0.13
20 Day Low0.1
52 Week High0.29
52 Week Low0.08
CS1 End0.12
CR1 Start0.14
Volume & EV
DER(3)0%
DER(5)-8.06%
Volume89.00K
Volume Incr103.57%
Vol(5)136.70K
Vol(50)58.14K