Technical Analysis for ELMGF - Element79 Gold Corp

Grade Last Price % Change Price Change
F 0.0378 8.00% 0.0028
ELMGF closed up 8.0 percent on Friday, March 31, 2023, on 9.3 times normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down

Date Alert Name Type % Chg
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Calm After Storm Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish 8.00%
Gilligan's Island Buy Setup Bullish Swing Setup 8.00%
New 52 Week Low Weakness 8.00%

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Element79 Gold Corp., a mineral exploration company, focuses on the acquisition, exploration, and development of gold and associated metals mining properties in Canada. It has an option to acquire a 100% interest in the Dale property that consists of 90 unpatented mining claims covering 4171 acres located to the southwest of Timmins, Ontario. The company was incorporated in 2020 and is based in Vancouver, Canada.
Classification

Sector: Basic Materials
Industry: Gold
Keywords: Mining Gold Springs Resource Mining In Canada Unpatented Mining Claims Mining In Bolivia Mining In Chile Canadian Malartic Corporation

Is ELMGF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 0.984
52 Week Low 0.0268
Average Volume 24,337
200-Day Moving Average 0.0000
50-Day Moving Average 0.0740
20-Day Moving Average 0.0538
10-Day Moving Average 0.0446
Average True Range 0.0089
RSI 37.11
ADX 10.13
+DI 32.2760
-DI 35.4481
Chandelier Exit (Long, 3 ATRs) 0.0518
Chandelier Exit (Short, 3 ATRs) 0.0535
Upper Bollinger Bands 0.0759
Lower Bollinger Band 0.0317
Percent B (%b) 0.14
BandWidth 82.1561
MACD Line -0.0108
MACD Signal Line -0.0102
MACD Histogram -0.0006
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0378
Resistance 3 (R3) 0.0378 0.0378 0.0378
Resistance 2 (R2) 0.0378 0.0378 0.0378 0.0378
Resistance 1 (R1) 0.0378 0.0378 0.0378 0.0378 0.0378
Pivot Point 0.0378 0.0378 0.0378 0.0378 0.0378
Support 1 (S1) 0.0378 0.0378 0.0378 0.0378 0.0378
Support 2 (S2) 0.0378 0.0378 0.0378 0.0378
Support 3 (S3) 0.0378 0.0378 0.0378
Support 4 (S4) 0.0378