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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
ELEMENT79 GOLD CORP (NASDAQ:ELMGF)
Countertrend Down (-85) - ELMGF 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 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 3rd, 2024 at 0.1735
The intermediate-term trend has been DOWN since Aug 7th, 2024 at 0.1132
The short-term trend has been UP since Nov 18th, 2024 at 0.0693
Smart Scan Analysis for ELMGF
Based on our trend formula, ELMGF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0600 | 0.0653 | 0.0600 | 0.0600 | -0.0095 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0632 | 22344 | 2024-11-19 13:11:00 |
| 52wk High | 0.46 | 52wk High Date | 2024-02-21 |
| 52wk Low | 0.05555 | 52wk Low Date | 2024-11-07 |
| Average Volume | 60,885 |