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EASTERN PLATINUM LTD (ELR.CA) Stock Technical Analysis

TSX:ELR - Toronto Stock Exchange - CA2768555096 - Common Stock - Currency: CAD

0.2  +0.03 (+17.65%)

Technical Rating and Analysis

7

We assign a technical rating of 7 out of 10 to ELR. Although ELR has been one of the better performers in the overall market, we have a mixed picture in the medium term time frame. But recently some decent action can be observed again.

The long term trend is still neutral, but the short term trend is positive, so the stock is getting more and more appreciated by traders and investors.
ELR is part of the Metals & Mining industry. There are 825 other stocks in this industry. ELR outperforms 80% of them.
In the last month ELR has a been trading in the 0.14 - 0.20 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, ELR did better than 91% of all other stocks. However, this overall performance is mostly based on the strong move around 10 months ago.
ELR 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.
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
EASTERN PLATINUM LTD / ELR Weekly stock chart
EASTERN PLATINUM LTD / ELR Daily stock chart
Setup Rating and Analysis

1

Although ELR 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

0.13

0.21

We found 2 important support areas.

  • Support @0.14 from a trend line in the daily time frame.
  • A support zone ranging from 0.13 to 0.13. This zone is formed by a combination of multiple trend lines in multiple time frames.

We found 1 important resistance area.

  • A resistance zone ranging from 0.21 to 0.21. This zone is formed by a combination of multiple trend lines 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
CRS91.25
Mansfield1.18
10 Day High0.2
10 Day Low0.14
20 Day High0.2
20 Day Low0.14
52 Week High0.3
52 Week Low0.09
Performance
1 Week42.86%
2 Weeks11.11%
1 Month21.21%
3 Month29.03%
6 Month60%
12 Month73.91%
2 Year90.48%
3 Year-36.51%
5 Year-16.67%
10 Year-87.01%
15 Year-86.49%
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)64.9
LBB0.14
UBB0.2
EASTERN PLATINUM LTD / ELR Daily stock chart

EASTERN PLATINUM LTD

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

0.2

+0.03 (+17.65%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg17.65%
1 Week42.86%
2 Weeks11.11%
1 Month21.21%
3 Month29.03%
6 Month60%
12 Month73.91%
2 Year90.48%
3 Year-36.51%
5 Year-16.67%
10 Year-87.01%
15 Year-86.49%
Volatility
ATR(14)0.01
ATR(20)%5%
ATR Inc115.39%
Range Today0.02
ADR(20)0.01
ADR(20)%4.38%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS91.25
Mansfield1.18
10 Day High0.2
10 Day Low0.14
20 Day High0.2
20 Day Low0.14
52 Week High0.3
52 Week Low0.09
CS1 End0.14
CR1 Start0.21
Volume & EV
DER(3)0.87%
DER(5)15.18%
Volume103.06K
Volume Incr201.12%
Vol(5)131.40K
Vol(50)47.87K