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Stock Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
ELRAY RESOURCES INC (NASDAQ:ELRA)
Weak Uptrend (+65) - ELRA is showing signs of weakening momentum to the upside. Monitor ELRA as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ELRA?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELRA.
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 ELRA
The long-term trend has been UP since Oct 3rd, 2024 at 0.00050
The intermediate-term trend has been UP since Oct 3rd, 2024 at 0.00045
The short-term trend has been DOWN since Nov 18th, 2024 at 0.00045
Smart Scan Analysis for ELRA
Based on our trend formula, ELRA is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0005 | 0.0005 | 0.0005 | 0.0005 | 0.0000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0005 | 200001 | 2024-11-19 11:52:53 |
| Year High | 0.0004 | Year High Date | 2018-04-23 |
| Year Low | 0.000001 | Year Low Date | 2018-03-07 |
| 52wk High | 0.0009 | 52wk High Date | 2023-11-28 |
| 52wk Low | 0.0003 | 52wk Low Date | 2024-10-02 |
| Year End Close | 0.01 | Average Volume | 18,634,826 |
| Shares Outstanding | 2,405,612 | % Institutional | 1.7 |
| Liabilities | 1.3M | Beta | 3.43 |
| Volatility | 577.93 |