ELE Price Chart
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50 DMA150 DMA200 DMA
ELEElemental Royalty Corporation Common Stock
$20.15
Financials
WATCHLIST
Investment Thesis
ELE has STRONG fundamentals but no low-risk entry point yet. Watch for base formation or pullback entry. Set a price alert and revisit when conditions improve.
Good earnings but no pattern = Wait for setup
Key Takeaways
- Earnings strong
- RS 75 - needs improvement
- No base pattern
- Wait & watch
Earnings Momentum
Earnings Growing
Price Structure
Broken StructurePrice
$20.15
✓→
50 DMA
$15.59
→
100 DMA
N/A
→
150 DMA
N/A
→
200 DMA
N/A
Alignment Score: 1/4
Why Not BUY Yet?
RS Rating
75 (Top 25%)→>80 (Top 20%)
Pattern
No base forming→VCP or constructive base
RSI (14)
71 (ELEVATED)→<70 for safe entry
What Would Change Our Mind?
To turn bullish on ELE, we need:
- RS Rating: >80 (Top 20%)(currently 75 (Top 25%))
- Pattern: VCP or constructive base(currently No base forming)
- RSI (14): <70 for safe entry(currently 71 (ELEVATED))
Twin Engines Dashboard
Technical Health
RS Rating
75/99
Top 25% (Need 80+)
Trend
Insufficient Data
RSI (14)
71
ELEVATED
VCP Setup
NONE
No pattern
Volume
143K
-16% vs avg
From Entry
+13.8%
$17.70
Fundamental Horsepower
EPS Qtr YoY
+69%
Growing
EPS 3Y CAGR
N/A
Annual Earnings
Revenue Qtr
+81%
STRONG
F-Score
6/9
Piotroski Quality
ROE
-0%
Return on Equity
EPS Rank
90/99
Percentile
Trade Plan
RunningBreakout Date2025-12-2621 days ago
Entry Price$17.70+13.8% since
Pullback Zone$18.67 - $17.57 (10-21 EMA)Re-entry levels
Trail Stop$17.70Breakeven or 21 EMA
Breakout Quality6/10Normal volume
If/Then Playbook
IF: Stock begins forming a base (pullback 10-20%)
THEN: Add to active watch for VCP development
IF: VCP pattern develops (base tightens)
THEN: Calculate pivot and prepare trade plan
IF: Price drops >20% from highs
THEN: Watch for Stage 2 breakdown
IF: Next earnings confirms growth acceleration
THEN: Maintain on priority list
Key Price Levels
Resistance
- 52W High$20.98+4.1%
Current$20.15
Support
- 20 DMA$17.31-14.1%
- 50 DMA$15.59-22.6%
- 52W Low$12.58-37.6%
More ELE Analysis
Frequently Asked Questions
Is ELE stock a buy now?
ELE has STRONG fundamentals but no low-risk entry point yet. Watch for base formation or pullback entry. Set a price alert and revisit when conditions improve.
What is the buy point for ELE?
ELE broke out at $17.70 and is now +13.8% extended. Consider waiting for a pullback to the $18.67 - $17.57 (10-21 EMA) for lower-risk entry.
What is ELE's RS Rating?
ELE has an RS Rating of 75/99, meaning it's in the Top 25% of all stocks for relative price performance over the past 12 months. Minervini recommends RS 80+ for momentum trades.
Important Disclosure: This analysis is for educational and informational purposes only. Technical and fundamental indicators are based on historical data and do not guarantee future performance. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.