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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.

NASDAQ_ELEMF
Open High Low ELEMF Price Change
0.8901 0.9278 0.8901 0.9267 +0.0367
Entry Signal

MarketClub’s Trade Triangles for ELEMF

long term down The long-term trend has been DOWN since May 18th, 2023 at 0.91

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2023 at 0.99

short term down 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).

-90
Smart Scan Analysis for ELEMF
Strong Downtrend Sideways 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 High1.1552wk High Date2023-04-04
52wk Low0.755552wk Low Date2022-09-23
Average Volume28,109Shares Outstanding147,955
Assets77,358,925MLiabilities24,584,875M
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