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Stock Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
ELORO RESOURCES LTD (NASDAQ:ELRRF)
Long-Term Downtrend (-90) - ELRRF is in a strong downtrend that is likely to continue. While ELRRF 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 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.
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MarketClub’s Trade Triangles for ELRRF
The long-term trend has been DOWN since Aug 30th, 2023 at 2.0179
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 0.5711
The short-term trend has been DOWN since Dec 12th, 2024 at 0.6836
Smart Scan Analysis for ELRRF
Based on our trend formula, ELRRF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.5800 | 0.6022 | 0.5600 | 0.5700 | -0.0281 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.5954 | 87775 | 2024-12-24 10:13:00 |
| Year High | 0.9619 | Year High Date | 2018-01-05 |
| Year Low | 0.2652 | Year Low Date | 2018-10-17 |
| 52wk High | 1.915 | 52wk High Date | 2023-12-26 |
| 52wk Low | 0.547 | 52wk Low Date | 2024-12-19 |
| Average Volume | 32,511 | Shares Outstanding | 6,240 |
| Assets | 56,991,811M | Liabilities | 1,222,540M |
| Volatility | 175.11 |