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Stock Trend Analysis Report
Prepared for you on Friday, March 31, 2023.
ELRAY RESOURCES INC (NASDAQ:ELRA)
Long-Term Downtrend (-90) - ELRA is in a strong downtrend that is likely to continue. While ELRA 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 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 DOWN since Dec 21st, 2022 at 0.0005
The intermediate-term trend has been DOWN since Mar 21st, 2023 at 0.0005
The short-term trend has been DOWN since Mar 14th, 2023 at 0.0006
Smart Scan Analysis for ELRA
Based on our trend formula, ELRA is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.00050 | 0.00060 | 0.00050 | 0.00055 | +0.00005 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.00050 | 9643128 | 2023-03-31 11:20:06 |
| Year High | 0.0004 | Year High Date | 2018-04-23 |
| Year Low | 0.000001 | Year Low Date | 2018-03-07 |
| 52wk High | 0.0028 | 52wk High Date | 2022-07-22 |
| 52wk Low | 0.0004 | 52wk Low Date | 2022-12-30 |
| Year End Close | 0.01 | Average Volume | 20,272,680 |
| Shares Outstanding | 2,405,612 | % Institutional | 1.7 |
| Liabilities | 1.3M | Beta | 3.43 |
| Volatility | 577.93 |