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Stock Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

ELORO RESOURCES LTD (NASDAQ:ELRRF)

Weak Downtrend (-65) - ELRRF is showing signs of a strengthening downtrend. Monitor ELRRF as it may be building momentum to the downside.

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
1.0900 1.0915 1.0390 1.0700 0.0000
Entry Signal

MarketClub’s Trade Triangles for ELRRF

long term down The long-term trend has been DOWN since Aug 30th, 2023 at 2.0179

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 1.1055

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 1.0480

Smart Scan Analysis for ELRRF

Based on our trend formula, ELRRF is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for ELRRF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0900 1.0915 1.0390 1.0700 0.0000
Prev. Close Volume Bid Ask Time
1.0700 101715 2024-04-19 17:39:00
Year High0.9619Year High Date2018-01-05
Year Low0.2652Year Low Date2018-10-17
52wk High3.0352wk High Date2023-07-13
52wk Low0.803152wk Low Date2024-02-29
Average Volume36,290Shares Outstanding6,240
Assets5,223,934MLiabilities427,039M
Volatility175.11
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