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ERO COPPER CORP (ERO.CA) Stock Technical Analysis

TSX:ERO - Toronto Stock Exchange - CA2960061091 - Common Stock - Currency: CAD

18.18  -1.08 (-5.61%)

Technical Rating and Analysis

0

Taking everything into account, ERO scores 0 out of 10 in our technical rating. ERO scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.

Both the long and short term trends are negative. It is better to avoid buying stocks with negative trends.
When comparing the yearly performance of all stocks, ERO is a bad performer in the overall market: 85% of all stocks are doing better.
ERO is one of the lesser performing stocks in the Metals & Mining industry. 71% of 818 stocks in the same industry do better.
ERO is currently making a new 52 week low. This is a very bad signal. Certainly because the S&P500 Index is trading near new highs.
In the last month ERO has a been trading in the 18.12 - 20.81 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
ERO COPPER CORP / ERO Weekly stock chart
ERO COPPER CORP / ERO Daily stock chart
Setup Rating and Analysis

3

The technical rating of ERO is bad and it also does not present a quality setup 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

18.00

31.56

When analyzing the resistance we notice 6 important areas.

  • A resistance zone ranging from 19.40 to 20.05. This zone is formed by a combination of multiple trend lines and important moving averages in the daily time frame.
  • A resistance zone ranging from 20.48 to 20.82. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @21.50 from a horizontal line in the daily time frame.
  • Resistance @28.87 from a trend line in the weekly time frame.
  • Resistance @29.41 from a trend line in the daily time frame.
  • Resistance @31.25 from a horizontal line in the weekly 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
CRS15.62
Mansfield-3.44
10 Day High20.81
10 Day Low18.12
20 Day High20.81
20 Day Low18.12
52 Week High32.89
52 Week Low18.12
Performance
1 Week-9.46%
2 Weeks-3.55%
1 Month-11.32%
3 Month-16.57%
6 Month-37.09%
12 Month-18.95%
2 Year-15.05%
3 Year0.22%
5 Year26.34%
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)-0.04
RSI(14)39.17
LBB18.1
UBB20.68
ERO COPPER CORP / ERO Daily stock chart

ERO COPPER CORP

TSX:ERO (2/21/2025, 7:00:00 PM)

18.18

-1.08 (-5.61%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-5.61%
1 Week-9.46%
2 Weeks-3.55%
1 Month-11.32%
3 Month-16.57%
6 Month-37.09%
12 Month-18.95%
2 Year-15.05%
3 Year0.22%
5 Year26.34%
10 YearN/A
15 YearN/A
Volatility
ATR(14)1.01
ATR(20)%5.1%
ATR Inc-5.03%
Range Today1.01
ADR(20)0.85
ADR(20)%4.66%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.62
Mansfield-3.44
10 Day High20.81
10 Day Low18.12
20 Day High20.81
20 Day Low18.12
52 Week High32.89
52 Week Low18.12
CS1 EndN/A
CR1 Start19.4
Volume & EV
DER(3)-5.33%
DER(5)-2.38%
Volume493.49K
Volume Incr-2.95%
Vol(5)375.22K
Vol(50)357.69K