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Entrée Resources Ltd.

ETG.TO Technical Analysis Summary (TSX)

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

ETG.TO●TSX
Basic MaterialsIndustrial Materials
$2.55
$0.02(0.78%)
Canadian Market opens in 7h 35m

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

ETG.TO Technical Analysis Summary (TSX)

Entrée Resources Ltd. (TSX: ETG.TO) stock currently shows a neutral trend on the TSX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.98)
Trend Strength:Moderate (ADX: 22.24)
Volatility:Medium (ATR: 0.09)
Support/Resistance:$2.42 – $2.67 (Bollinger Bands)

Technical conditions suggest Entrée Resources Ltd. on the TSX is awaiting a decisive move. This mix signals that Entrée Resources Ltd. is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.98

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 74.07

Bullish
Buying momentum building without extremes.

Williams %R: -38.89

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 5.37

Strongly Bullish
Strong upside momentum.

Takeaway:Entrée Resources Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.24

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): 117.02

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Entrée Resources Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.67
Middle Band (SMA 20)
$2.54
Lower Band
$2.42
Current Position
Within Bands

Takeaway:Entrée Resources Ltd. trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$2.76
Middle Line (EMA 20)
$2.58
Lower Channel
$2.40
Squeeze Status
Squeeze On

Takeaway:Entrée Resources Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume666.82K
Money Flow Index83.09Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index58.49Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Entrée Resources Ltd. (TSX: ETG.TO), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Entrée Resources Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(TSX: ETG.TO) Technical Analysis FAQ