Stock Trend Analysis Report
Prepared for you on Wednesday, January 20, 2021.
Ely Gold Royalties Inc (NASDAQ:ELYGF)
Long-Term Downtrend (-90) - ELYGF is in a strong downtrend that is likely to continue. While ELYGF 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 ELYGF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ELYGF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ELYGF
The long-term trend has been DOWN since Sep 21st, 2020 at 0.9850
The intermediate-term trend has been DOWN since Jan 11th, 2021 at 0.8300
The short-term trend has been DOWN since Jan 19th, 2021 at 0.8001
Smart Scan Analysis for ELYGF
Based on our trend formula, ELYGF is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.125||Year High Date||2018-11-06|
|Year Low||0.065||Year Low Date||2018-09-11|
|52wk High||1.54||52wk High Date||2020-07-02|
|52wk Low||0.26||52wk Low Date||2019-11-29|
|Year End Close||0.166||Average Volume||200,070|
|Shares Outstanding||39,119||% Institutional||0.2|