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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
$20.26
$1.00(4.70%)
Canadian Market opens in 59h 40m

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 bearish trend on the TSX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 26.76)
Trend Strength:Very Strong (ADX: 40.79)
Volatility:High (ATR: 1.09)
Support/Resistance:$20.29 – $26.68 (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): 26.76

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 9.58

Bullish
Oversold zone signals rebound potential.

Williams %R: -92.17

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -21.21

Strongly Bearish
Sharp downside momentum.

Takeaway:Elemental Royalty Corporation shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -1.61

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 40.79

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 1.09

Low
Low volatility, stable price action.

CCI (14): -189.79

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Elemental Royalty Corporation shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$26.68
Middle Band (SMA 20)
$23.49
Lower Band
$20.29
Current Position
Below Lower Band

Takeaway:Elemental Royalty Corporation trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$25.65
Middle Line (EMA 20)
$23.47
Lower Channel
$21.29
Squeeze Status
No Squeeze

Takeaway:Elemental Royalty Corporation trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-1.37M
Money Flow Index30.92Bearish, selling pressure outweighs inflows.
Relative Vigor Index20.04Bearish, price momentum favors sellers.

Overall Takeaway:ELE.TO shows bearish money flow, with sellers dominating volume and vigor.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Elemental Royalty Corporation shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(TSX: ELE.TO) Technical Analysis FAQ