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Stock Trend Analysis Report

Prepared for you on Wednesday, October 27, 2021.

Eloro Resources Ltd (CDNX:ELO)

Sidelines Mode (+55) - ELO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

CDNX_ELO
Open High Low ELO Price Change
3.79 3.83 3.73 3.79 +0.03
Entry Signal

MarketClub’s Trade Triangles for ELO

long term down The long-term trend has been DOWN since Jul 16th, 2021 at 3.65

intermediate term up The intermediate-term trend has been UP since Oct 21st, 2021 at 3.84

short term down The short-term trend has been DOWN since Oct 25th, 2021 at 3.62

Smart Scan Analysis for ELO

Based on our trend formula, ELO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for ELO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.79 3.83 3.73 3.79 +0.03
Prev. Close Volume Bid Ask Time
3.76 65278 2021-10-27 15:53:26
Year High1.27Year High Date2018-01-17
Year Low0.33Year Low Date2018-10-19
52wk High1.2752wk High Date2018-01-17
52wk Low0.3352wk Low Date2018-10-19
Year End Close0.03Average Volume3,528
Volatility66.74
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