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Stock Trend Analysis Report

Prepared for you on Tuesday, March 21, 2023.

ELORO RESOURCES LTD (TSE:ELO)

Countertrend Up (+85) - ELO is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid ELO?

MarketClub looks at technical strength and momentum to determine if the timing is right for ELO.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_ELO
Open High Low ELO Price Change
3.60 3.79 3.55 3.75 +0.21
Entry Signal

MarketClub’s Trade Triangles for ELO

long term up The long-term trend has been UP since Mar 14th, 2023 at 3.5

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2023 at 3.5

short term up The short-term trend has been UP since Mar 14th, 2023 at 3.5

Smart Scan Analysis for ELO

Based on our trend formula, ELO is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for ELO
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.60 3.79 3.55 3.75 +0.21
Prev. Close Volume Bid Ask Time
3.54 119848 2023-03-20 15:59:59
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