Technical Analysis for ELO - Eloro Resources Ltd.

Grade Last Price % Change Price Change
D 1.600 0.00% 0.000
ELO closed unchanged on Thursday, May 30, 2024, on approximately normal volume. It was able to find support at its 50 day moving average. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Flat Down

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
Stochastic Reached Oversold Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
20 DMA Resistance Bearish -3.61%
Bollinger Band Squeeze Range Contraction -3.61%

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Profile

Eloro Resources Ltd. Description

Eloro Resources Ltd. is an exploration-stage gold exploration and development company. The Company is engaged in the exploration and development of gold and base metal properties. The Company operates through the segment of mineral exploration in Peru. The Company has gold-silver property in Peru and base metal properties and royalties in the province of Quebec. The Company owns an option to earn approximately 60% interest in La Victoria, which is a copper-gold-silver property consisting of approximately eight concessions covering approximately 3,430 hectares in the Huandoval District, Pallasca Province, Ancash Department, in the North-Central Mineral Belt of Peru. The La Victoria property is located within approximately 50 kilometers of several producing gold mines. The option covers various concessions, including Ccori Orcco 1, Rufina, Rufina No. 2, San Felipe 1, San Felipe 2, San Markito, Santa Ana 1 and Victoria-APB. The Company has no revenues.


Classification

Sector: Basic Materials
Industry: Gold
Keywords: Mineral Gold Metal Copper Silver Mineral Exploration Mines Base Metal Gold Mines Metal Properties Base Metal Properties Markit

Is ELO a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 3.97
52 Week Low 1.09
Average Volume 65,040
200-Day Moving Average 1.777
50-Day Moving Average 1.599
20-Day Moving Average 1.667
10-Day Moving Average 1.689
Average True Range 0.093
RSI (14) 45.95
ADX 14.14
+DI 21.798
-DI 25.594
Chandelier Exit (Long, 3 ATRs) 1.631
Chandelier Exit (Short, 3 ATRs) 1.829
Upper Bollinger Bands 1.795
Lower Bollinger Band 1.539
Percent B (%b) 0.24
BandWidth 15.369
MACD Line 0.009
MACD Signal Line 0.027
MACD Histogram -0.0173
Fundamentals Value
Market Cap 76.39 Million
Num Shares 47.7 Million
EPS -0.02
Price-to-Earnings (P/E) Ratio -88.89
Price-to-Sales 0.00
Price-to-Book 12.92
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.660
Resistance 3 (R3) 1.663 1.647 1.650
Resistance 2 (R2) 1.647 1.631 1.645 1.647
Resistance 1 (R1) 1.623 1.622 1.620 1.620 1.643
Pivot Point 1.607 1.607 1.605 1.605 1.607
Support 1 (S1) 1.583 1.591 1.580 1.580 1.557
Support 2 (S2) 1.567 1.582 1.565 1.553
Support 3 (S3) 1.543 1.567 1.550
Support 4 (S4) 1.540