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Stock Trend Analysis Report

Prepared for you on Saturday, June 22, 2024.

ELRAY RESOURCES INC (NASDAQ:ELRA)

Bear Market Rally (-75) - ELRA is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ELRA as it may be in the beginning 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.

NASDAQ_ELRA
Open High Low ELRA Price Change
0.00045 0.00045 0.00040 0.00040 -0.00005
Entry Signal

MarketClub’s Trade Triangles for ELRA

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 0.00035

intermediate term up The intermediate-term trend has been UP since May 31st, 2024 at 0.00050

short term down The short-term trend has been DOWN since Jun 4th, 2024 at 0.00045

Smart Scan Analysis for ELRA

Based on our trend formula, ELRA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for ELRA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00045 0.00045 0.00040 0.00040 -0.00005
Prev. Close Volume Bid Ask Time
0.00040 2250500 2024-06-21 12:31:05
Year High0.0004Year High Date2018-04-23
Year Low0.000001Year Low Date2018-03-07
52wk High0.000952wk High Date2023-11-28
52wk Low0.0002552wk Low Date2023-10-10
Year End Close0.01Average Volume3,469,570
Shares Outstanding2,405,612% Institutional1.7
Liabilities1.3MBeta3.43
Volatility577.93
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