Stock Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
ELORO RESOURCES LTD (NASDAQ:ELRRF)
Strong Uptrend (+100) - ELRRF is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, ELRRF continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid ELRRF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELRRF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ELRRF
The long-term trend has been UP since Jun 4th, 2020 at 0.28971
The intermediate-term trend has been UP since Apr 30th, 2021 at 3.34400
The short-term trend has been UP since May 11th, 2021 at 3.87000
Smart Scan Analysis for ELRRF
Based on our trend formula, ELRRF is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.9619||Year High Date||2018-01-05|
|Year Low||0.2652||Year Low Date||2018-10-17|
|52wk High||4.6495||52wk High Date||2021-02-16|
|52wk Low||0.2288||52wk Low Date||2020-05-20|
|Average Volume||81,465||Shares Outstanding||6,240|