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SILVER ELEPHANT MINING CORP (ELEF.CA) Stock Technical Analysis

TSX:ELEF - Toronto Stock Exchange - CA82770L3074 - Common Stock - Currency: CAD

0.235  +0 (+2.17%)

Technical Rating and Analysis

0

We assign a technical rating of 0 out of 10 to ELEF. ELEF's overall performance in the market is below average. Also recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
89% of all other stocks performed better in the past year than ELEF.
ELEF is one of the lesser performing stocks in the Oil, Gas & Consumable Fuels industry. 71% of 221 stocks in the same industry do better.
ELEF 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 ELEF has a been trading in the 0.18 - 0.30 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.
Weekly and Daily overview Charts
SILVER ELEPHANT MINING CORP / ELEF Weekly stock chart
SILVER ELEPHANT MINING CORP / ELEF Daily stock chart
Setup Rating and Analysis

4

ELEF has a poor technical rating and the quality of the setup is also only medium 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.

Support and Resistance Analysis

0.20

0.29

We found 3 important support areas.

  • A support zone ranging from 0.23 to 0.23. This zone is formed by a combination of multiple trend lines in multiple time frames.
  • Support @0.21 from a trend line in the daily time frame.
  • Support @0.20 from a horizontal line in the daily time frame.

We can see 3 important resistance areas.

  • A resistance zone ranging from 0.24 to 0.24. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 0.25 to 0.25. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • Resistance @0.29 from a horizontal line in the daily time frame.
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
CRS11.76
Mansfield-4.41
10 Day High0.27
10 Day Low0.2
20 Day High0.3
20 Day Low0.19
52 Week High0.85
52 Week Low0.14
Performance
1 Week2.17%
2 Weeks-11.32%
1 Month-16.07%
3 Month-45.35%
6 Month-41.25%
12 Month-11.32%
2 Year-50.53%
3 Year-81.78%
5 Year-81.92%
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)49.37
LBB0.2
UBB0.29
SILVER ELEPHANT MINING CORP / ELEF Daily stock chart

SILVER ELEPHANT MINING CORP

TSX:ELEF (3/7/2025, 7:00:00 PM)

0.235

+0 (+2.17%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorEnergy
GICS IndustryOil, Gas & Consumable Fuels
Performance
% Chg2.17%
1 Week2.17%
2 Weeks-11.32%
1 Month-16.07%
3 Month-45.35%
6 Month-41.25%
12 Month-11.32%
2 Year-50.53%
3 Year-81.78%
5 Year-81.92%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.02
ATR(20)%13.19%
ATR Inc-62.67%
Range Today0
ADR(20)0.03
ADR(20)%11.06%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS11.76
Mansfield-4.41
10 Day High0.27
10 Day Low0.2
20 Day High0.3
20 Day Low0.19
52 Week High0.85
52 Week Low0.14
CS1 End0.23
CR1 Start0.24
Volume & EV
DER(3)-102.9%
DER(5)-60.39%
Volume2.75K
Volume Incr-80.09%
Vol(5)18.77K
Vol(50)116.66K