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Stock Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

Eloro Resources Ltd (CDNX:ELO)

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

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
3.57 3.57 3.36 3.51 -0.06
Entry Signal

MarketClub’s Trade Triangles for ELO

long term down The long-term trend has been DOWN since May 12th, 2022 at 3.41

intermediate term up The intermediate-term trend has been UP since Nov 25th, 2022 at 3.48

short term up The short-term trend has been UP since Nov 22nd, 2022 at 3.13

Smart Scan Analysis for ELO

Based on our trend formula, ELO is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for ELO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.57 3.57 3.36 3.51 -0.06
Prev. Close Volume Bid Ask Time
3.45 44693 2022-11-28 15:59:50
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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