Technical Analysis for ELO - Eloro Resources Ltd.

Grade Last Price % Change Price Change
F 1.380 -2.82% -0.040
ELO closed down 2.82 percent on Monday, June 17, 2024, on 16 percent of normal volume. 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 Down Down

Date Alert Name Type % Chg
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Wide Bands Range Expansion -2.82%
Gapped Up Strength -2.82%
Oversold Stochastic Weakness -2.82%
Stochastic Buy Signal Bullish 2.99%
Wide Bands Range Expansion 2.99%
Below Lower BB Weakness 2.99%
Down 3 Days in a Row Weakness 2.99%

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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 60,947
200-Day Moving Average 1.682
50-Day Moving Average 1.607
20-Day Moving Average 1.565
10-Day Moving Average 1.457
Average True Range 0.096
RSI (14) 39.02
ADX 16.86
+DI 15.768
-DI 29.517
Chandelier Exit (Long, 3 ATRs) 1.621
Chandelier Exit (Short, 3 ATRs) 1.589
Upper Bollinger Bands 1.830
Lower Bollinger Band 1.299
Percent B (%b) 0.15
BandWidth 33.928
MACD Line -0.067
MACD Signal Line -0.043
MACD Histogram -0.0242
Fundamentals Value
Market Cap 65.89 Million
Num Shares 47.7 Million
EPS -0.02
Price-to-Earnings (P/E) Ratio -76.67
Price-to-Sales 0.00
Price-to-Book 12.92
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.470
Resistance 3 (R3) 1.470 1.440 1.455
Resistance 2 (R2) 1.440 1.417 1.440 1.450
Resistance 1 (R1) 1.410 1.403 1.395 1.410 1.445
Pivot Point 1.380 1.380 1.373 1.380 1.380
Support 1 (S1) 1.350 1.357 1.335 1.350 1.315
Support 2 (S2) 1.320 1.343 1.320 1.310
Support 3 (S3) 1.290 1.320 1.305
Support 4 (S4) 1.290