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.
MarketClub’s Trade Triangles for ELO
The long-term trend has been DOWN since May 12th, 2022 at 3.41
The intermediate-term trend has been UP since Nov 25th, 2022 at 3.48
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).
|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|