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Stock Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
ELEMENTAL ALTUS ROYALTIES (NASDAQ:ELEMF)
Long-Term Downtrend (-90) - ELEMF is in a strong downtrend that is likely to continue. While ELEMF is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ELEMF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELEMF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ELEMF
The long-term trend has been DOWN since May 18th, 2023 at 0.91
The intermediate-term trend has been DOWN since May 3rd, 2023 at 0.99
The short-term trend has been DOWN since May 10th, 2023 at 1.01
Smart Scan Analysis for ELEMF
Based on our trend formula, ELEMF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.8901 | 0.9278 | 0.8901 | 0.9267 | +0.0367 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.8900 | 78350 | 2023-06-01 15:49:00 |
| 52wk High | 1.15 | 52wk High Date | 2023-04-04 |
| 52wk Low | 0.7555 | 52wk Low Date | 2022-09-23 |
| Average Volume | 28,109 | Shares Outstanding | 147,955 |
| Assets | 77,358,925M | Liabilities | 24,584,875M |