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Silver Elephant Mining Corp.

ELEF.TO Technical Analysis Summary (TSX)

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

ELEF.TO●TSX
Basic MaterialsIndustrial Materials
$0.15
$0.01(11.11%)
Canadian Market opens in 18h 9m

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

ELEF.TO Technical Analysis Summary (TSX)

Silver Elephant Mining Corp. (TSX: ELEF.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: 56.74)
Trend Strength:Weak (ADX: 15.64)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.13 – $0.16 (Bollinger Bands)

Technical conditions suggest Silver Elephant Mining Corp. on the TSX is awaiting a decisive move. This mix signals that Silver Elephant Mining Corp. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 56.74

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 23.81

Bearish
Momentum remains weak below midpoint.

Williams %R: -42.86

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.23

Bearish
Selling pressure outweighs buying.

Takeaway:Silver Elephant Mining Corp. shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 15.64

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 43.68

Bullish
Bullish, momentum building upward.

Takeaway:Silver Elephant Mining Corp. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.16
Middle Band (SMA 20)
$0.14
Lower Band
$0.13
Current Position
Within Bands

Takeaway:Silver Elephant Mining Corp. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.16
Middle Line (EMA 20)
$0.14
Lower Channel
$0.12
Squeeze Status
Squeeze On

Takeaway:Silver Elephant Mining Corp. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-698.26K
Money Flow Index22.69Bearish, selling pressure outweighs inflows.
Relative Vigor Index44.97Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Silver Elephant Mining Corp. (TSX: ELEF.TO), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Silver Elephant Mining Corp. are mixed, suggesting a Hold or wait-and-see approach.

(TSX: ELEF.TO) Technical Analysis FAQ