ELEMENT 29 RESOURCES INC (ECU.CA) Stock Technical Analysis
TSX-V:ECU - TSX Venture Exchange - CA28619M1059 - Common Stock - Currency: CAD
Overall ECU gets a technical rating of 6 out of 10. ECU was one of the better performers in the overall market, it is still ok in the medium term time frame, but very the very recent evolution is negative.
When comparing the yearly performance of all stocks, we notice that ECU is one of the better performing stocks in the market, outperforming 97% of all stocks. We also observe that the gains produced by ECU over the past year are nicely spread over this period.
ECU is part of the Metals & Mining industry. There are 822 other stocks in this industry. ECU outperforms 95% of them.
The short term trend is negative, but the long term trend is still positive. So although the long term is still positive, this may be a trend turning.
ECU is currently trading in the middle of its 52 week range. This is in line with the S&P500 Index, which is also trading in the middle of its range.
In the last month ECU has a been trading in the 0.41 - 0.55 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.
Although the technical rating is only medium, ECU does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a support zone below the current price at 0.46, a Stop Loss order could be placed below this zone.
More info and screens
0.39
0.51
We found 3 important support areas.
- A support zone ranging from 0.46 to 0.46. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Support @0.45 from a horizontal line in the daily time frame.
- Support @0.39 from a trend line in the daily time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 0.49 to 0.49. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- Resistance @0.50 from a trend line in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.78
Mansfield3.92
10 Day High0.51
10 Day Low0.41
20 Day High0.55
20 Day Low0.41
52 Week High0.65
52 Week Low0.12
Performance
1 Week5.43%
2 Weeks-1.02%
1 Month6.59%
3 Month-3%
6 Month70.18%
12 Month273.08%
2 Year102.08%
3 Year-13.39%
5 YearN/A
10 YearN/A
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)49
LBB0.45
UBB0.51
TSX-V:ECU (3/7/2025, 7:00:00 PM)
0.485
+0.01 (+1.04%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg1.04%
1 Week5.43%
2 Weeks-1.02%
1 Month6.59%
3 Month-3%
6 Month70.18%
12 Month273.08%
2 Year102.08%
3 Year-13.39%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%5.52%
ATR Inc-16.95%
Range Today0.03
ADR(20)0.02
ADR(20)%3.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS97.78
Mansfield3.92
10 Day High0.51
10 Day Low0.41
20 Day High0.55
20 Day Low0.41
52 Week High0.65
52 Week Low0.12
CS1 End0.46
CR1 Start0.49
Volume & EV
DER(3)0%
DER(5)-2.5%
Volume9.50K
Volume Incr-49.03%
Vol(5)16.10K
Vol(50)38.82K