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Stock Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

ELORO RESOURCES LTD (NASDAQ:ELRRF)

Strong Downtrend (-100) - ELRRF is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ELRRF continues to fall. Traders should use caution and set stops.

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.

NASDAQ_ELRRF
Open High Low ELRRF Price Change
0.61190 0.62000 0.58970 0.59285 -0.01715
Entry Signal

MarketClub’s Trade Triangles for ELRRF

long term down The long-term trend has been DOWN since Aug 30th, 2023 at 2.01790

intermediate term down The intermediate-term trend has been DOWN since Nov 11th, 2024 at 0.68468

short term down The short-term trend has been DOWN since Nov 21st, 2024 at 0.60000

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).

-100
Smart Scan Analysis for ELRRF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.61190 0.62000 0.58970 0.59285 -0.01715
Prev. Close Volume Bid Ask Time
0.61000 10200 2024-11-21 14:52:00
Year High0.9619Year High Date2018-01-05
Year Low0.2652Year Low Date2018-10-17
52wk High1.91552wk High Date2023-12-26
52wk Low0.558752wk Low Date2024-11-14
Average Volume34,080Shares Outstanding6,240
Assets57,326,565MLiabilities1,143,437M
Volatility175.11
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