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Stock Trend Analysis Report

Prepared for you on Monday, June 5, 2023.

Electra Battery Materials Corporation (NASDAQ:ELBM)

Countertrend Down (-85) - ELBM is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

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.

Open High Low ELBM Price Change
1.2700 1.3499 1.2400 1.2400 -0.0400
Entry Signal

MarketClub’s Trade Triangles for ELBM

long term down The long-term trend has been DOWN since May 2nd, 2022 at 4.22

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2023 at 1.83

short term up The short-term trend has been UP since Jun 2nd, 2023 at 1.13

Smart Scan Analysis for ELBM

Based on our trend formula, ELBM is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for ELBM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2700 1.3499 1.2400 1.2400 -0.0400
Prev. Close Volume Bid Ask Time
1.2800 27891 2023-06-05 15:57:02
52wk High4.552wk High Date2022-08-10
52wk Low0.83252wk Low Date2023-05-17
Average Volume153,620Shares Outstanding34,000
P/E Ratio-4.89900000
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