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Elemental Royalty Corporation

ELE.TO Technical Analysis Summary (TSX)

Analyze ELE.TO on the TSX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

ELE.TO●TSX
Basic MaterialsOther Precious Metals
$22.49
$0.30(1.35%)
Canadian Market opens in 0h 1m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

ELE.TO Technical Analysis Summary (TSX)

Elemental Royalty Corporation (TSX: ELE.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.37)
Trend Strength:Weak (ADX: 13.68)
Volatility:High (ATR: 1.25)
Support/Resistance:$19.99 – $25.06 (Bollinger Bands)

Technical conditions suggest Elemental Royalty Corporation on the TSX is awaiting a decisive move. Overall, Elemental Royalty Corporation remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 50.37

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 56.12

Neutral
Mid-range signal with no clear trend.

Williams %R: -29.95

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -2.18

Bearish
Selling pressure outweighs buying.

Takeaway:Elemental Royalty Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.24

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.68

Weak
Weak trend, market trading sideways.

ATR (14): 1.25

Low
Low volatility, stable price action.

CCI (14): 33.93

Bullish
Bullish, momentum building upward.

Takeaway:Elemental Royalty Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$25.06
Middle Band (SMA 20)
$22.52
Lower Band
$19.99
Current Position
Within Bands

Takeaway:Elemental Royalty Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$24.70
Middle Line (EMA 20)
$22.21
Lower Channel
$19.72
Squeeze Status
No Squeeze

Takeaway:Elemental Royalty Corporation trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-89.14K
Money Flow Index51.26Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.37Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:ELE.TO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Elemental Royalty Corporation (TSX: ELE.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Elemental Royalty Corporation are mixed, suggesting a Hold or wait-and-see approach.

(TSX: ELE.TO) Technical Analysis FAQ