Technical Analysis for ELE - Elemental Royalties Corp

Grade Last Price % Change Price Change
D 1.160 1.75% 0.020
ELE closed up 2.7 percent on Wednesday, November 20, 2024, on 29 percent of normal volume. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline. 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.
Earnings due: Nov 21
*** please verify all earnings dates ***
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 1.75%
Narrow Range Bar Range Contraction 1.75%
Inside Day Range Contraction 1.75%
Oversold Stochastic Weakness 1.75%
200 DMA Resistance Bearish 4.50%
Gapped Up Strength 4.50%
Oversold Stochastic Weakness 4.50%
200 DMA Resistance Bearish 4.50%
50 DMA Resistance Bearish 4.50%
Stochastic Reached Oversold Weakness 4.50%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High about 3 hours ago
Rose Above 10 DMA about 3 hours ago
Up 3% about 3 hours ago
Up 2% about 3 hours ago
Up 1% about 3 hours ago

Get this analysis on your stocks daily!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Elemental Royalties Corp., a gold-focused royalty company, engages in the evaluation and acquisition of royalties. It has a portfolio of nine royalties in Chile, Western Australia, Kenya, Mexico, and Burkina Faso. The company is headquartered in Vancouver, Canada.
Classification

Keywords: Royalty Payment Intellectual Property Law Patent Law Business Law

Is ELE 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 1.29
52 Week Low 0.97
Average Volume 53,310
200-Day Moving Average 1.131
50-Day Moving Average 1.189
20-Day Moving Average 1.204
10-Day Moving Average 1.154
Average True Range 0.050
RSI (14) 42.20
ADX 24.9
+DI 15.704
-DI 21.192
Chandelier Exit (Long, 3 ATRs) 1.141
Chandelier Exit (Short, 3 ATRs) 1.239
Upper Bollinger Bands 1.324
Lower Bollinger Band 1.083
Percent B (%b) 0.24
BandWidth 20.058
MACD Line -0.021
MACD Signal Line -0.007
MACD Histogram -0.014
Fundamentals Value
Market Cap 78.65 Million
Num Shares 69 Million
EPS
Price-to-Sales 7.32
Price-to-Book 3.05
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.170
Resistance 3 (R3) 1.167 1.153 1.165
Resistance 2 (R2) 1.153 1.146 1.155 1.163
Resistance 1 (R1) 1.147 1.141 1.150 1.150 1.162
Pivot Point 1.133 1.133 1.135 1.135 1.133
Support 1 (S1) 1.127 1.126 1.130 1.130 1.118
Support 2 (S2) 1.113 1.121 1.115 1.117
Support 3 (S3) 1.107 1.113 1.115
Support 4 (S4) 1.110