ELEMENT 29 RESOURCES INC (ECU.CA)

CA28619M1059 - Common Stock

0.65  +0.07 (+12.07%)

Technical Rating and Analysis

10

Overall ECU gets a technical rating of 10 out of 10. Both in the recent history as in the last year, ECU has proven to be a steady performer, scoring decent points in every aspect analyzed.

Both the short term and long term trends are positive. This is a very positive sign.
When comparing the yearly performance of all stocks, we notice that ECU is one of the better performing stocks in the market, outperforming 99% of all stocks. We also observe that the gains produced by ECU over the past year are nicely spread over this period.
ECU is one of the better performing stocks in the Metals & Mining industry, it outperforms 99% of 835 stocks in the same industry.
ECU is currently making a new 52 week high. This is a strong signal. The S&P500 Index is trading in the upper part of its 52 week range, but not near new highs, so ECU is leading the market.
In the last month ECU has a been trading in the 0.47 - 0.65 range, which is quite wide. It is currently trading near the high of this range.
Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
Weekly and Daily overview Charts
ECU Weekly chart
ECU Daily chart
Setup Rating and Analysis

1

Although ECU has an excellent technical rating, it does not offer a high 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.

Support and Resistance Analysis

0.48

0.66

When analyzing the support we can see 2 important areas.

  • Support @0.50 from a trend line in the daily time frame.
  • A support zone ranging from 0.48 to 0.48. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.

Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.03
Mansfield11.97
10 Day High0.65
10 Day Low0.47
20 Day High0.65
20 Day Low0.47
52 Week High0.65
52 Week Low0.1
Performance
1 Week35.42%
2 Weeks25%
1 Month34.02%
3 Month154.9%
6 Month136.36%
12 Month261.11%
2 Year306.25%
3 Year12.07%
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)0.01
RSI(14)73.16
LBB0.43
UBB0.61
ECU Daily chart

ELEMENT 29 RESOURCES INC

TSX-V:ECU (12/27/2024, 7:00:00 PM)

0.65

+0.07 (+12.07%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg12.07%
1 Week35.42%
2 Weeks25%
1 Month34.02%
3 Month154.9%
6 Month136.36%
12 Month261.11%
2 Year306.25%
3 Year12.07%
5 YearN/A
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.03
ATR(20)%5.81%
ATR Inc75%
Range Today0.06
ADR(20)0.03
ADR(20)%4.92%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS99.03
Mansfield11.97
10 Day High0.65
10 Day Low0.47
20 Day High0.65
20 Day Low0.47
52 Week High0.65
52 Week Low0.1
CS1 End0.5
CR1 StartN/A
Volume & EV
DER(3)42.14%
DER(5)23.26%
Volume34.10K
Volume Incr17.35%
Vol(5)127.80K
Vol(50)110.11K