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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Electra Battery Materials Corporation (NASDAQ:ELBM)

Bull Market Weakness (+75) - ELBM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ELBM as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid ELBM?

MarketClub looks at technical strength and momentum to determine if the timing is right for ELBM.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_ELBM
Open High Low ELBM Price Change
0.4600 0.4696 0.4502 0.4547 -0.0116
Entry Signal

MarketClub’s Trade Triangles for ELBM

long term up The long-term trend has been UP since Feb 9th, 2024 at 0.5458

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 0.4894

short term down The short-term trend has been DOWN since May 8th, 2024 at 0.4600

Smart Scan Analysis for ELBM

Based on our trend formula, ELBM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for ELBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.4600 0.4696 0.4502 0.4547 -0.0116
Prev. Close Volume Bid Ask Time
0.4663 136932 2024-05-08 15:57:07
52wk High2.6652wk High Date2023-07-25
52wk Low0.3152wk Low Date2023-12-26
Average Volume52,391Shares Outstanding34,000
Assets167,611,000MLiabilities67,647,000M
P/E Ratio-4.89900000
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