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Stock Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
ELEMENT79 GOLD CORP (NASDAQ:ELMGF)
Bear Market Rally (-75) - ELMGF is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ELMGF as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ELMGF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELMGF.
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 ELMGF
The long-term trend has been DOWN since May 9th, 2022 at 0.6367
The intermediate-term trend has been UP since May 23rd, 2023 at 0.0561
The short-term trend has been DOWN since May 31st, 2023 at 0.0406
Smart Scan Analysis for ELMGF
Based on our trend formula, ELMGF is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04060 | 0.04500 | 0.04060 | 0.04500 | -0.00182 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04682 | 143755 | 2023-06-02 10:17:00 |
| 52wk High | 0.78 | 52wk High Date | 2022-06-30 |
| 52wk Low | 0.0268 | 52wk Low Date | 2023-03-29 |
| Average Volume | 128,334 |