Stock Trend Analysis Report
Prepared for you on Saturday, April 17, 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.
MarketClub’s Trade Triangles for ELO
The long-term trend has been UP since Jun 3rd, 2020 at 0.400
The intermediate-term trend has been UP since Mar 29th, 2021 at 4.170
The short-term trend has been DOWN since Apr 13th, 2021 at 3.865
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).
|Year High||1.27||Year High Date||2018-01-17|
|Year Low||0.33||Year Low Date||2018-10-19|
|52wk High||1.27||52wk High Date||2018-01-17|
|52wk Low||0.33||52wk Low Date||2018-10-19|
|Year End Close||0.03||Average Volume||3,528|