ELE Technical Analysis & Stock Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

Elemental Royalty Corp (ELE) Moving Averages Convergence Divergence (MACD) indicator is -0.487, suggesting ELE is Strong Sell.

Elemental Royalty Corp (ELE) 20-Day simple moving average is 17.737, while Elemental Royalty Corp (ELE) share price is $16.63, making it Sell.

Elemental Royalty Corp (ELE) 60-Day simple moving average is 19.473, while Elemental Royalty Corp (ELE) share price is $16.63, making it Sell.

Technical Analysis for ELE

Technical Sentiment Analysis for Elemental Royalty Corp (ELE) As of 2026-05-20, Elemental Royalty Corp (ELE) is exhibiting a Strong Sell technical sentiment. Our proprietary analysis, which aggregates 13 technical signals, shows that 4 indicators are flashing buy, while 9 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ELE stands at 42.394, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -0.487, providing a Sell signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 12.076 and the Commodity Channel Index (CCI) at -101.197 further confirm a -1.82 outlook for the stock.

Support, Resistance & Moving Averages From a structural perspective, ELE is trading above its 60-day moving average of $19.473 and above its 200-day long-term moving average of $18.77. Key price levels to watch include the immediate resistance at $20.602 and strong support at $15.642. A break above $20.602 could signal a bull continuation, while falling below $15.642 may test the next Fibonacci floor at $13.181.

Elemental Royalty Corp (ELE) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	10.682	13.181	15.642	18.141	20.602	23.101	25.562
Fibonacci	13.181	15.076	16.246	18.141	20.036	21.206	23.101

Elemental Royalty Corp (ELE) Technical Indicators

2026-05-20

Name	Value
RSI_14	42.394
STOCHk_14_3_3	12.076
STOCHd_14_3_3	16.211
CCI_20	-101.197
AO_5_34	-1.349
MOM_10	-1.82
MACD_12_26_9	-0.487

Elemental Royalty Corp (ELE) Relative Strength Index (RSI) is 42.394, creating a Neutral signal.

Elemental Royalty Corp (ELE) Stochastic Oscillator is 12.076, creating a Buy signal.

Elemental Royalty Corp (ELE) Stochastic RSI is 16.211, creating a Buy signal.

Elemental Royalty Corp (ELE) Commodity Channel Index (CCI) is -101.197, creating a Buy signal.

Elemental Royalty Corp (ELE) Awesome Oscillator is -1.349, creating a Sell signal.

Elemental Royalty Corp (ELE) Momentum is -1.82, creating a Sell signal.

Elemental Royalty Corp (ELE) MACD is -0.487, creating a Sell signal.

Elemental Royalty Corp (ELE) Moving Average

2026-05-20

Period	Simple	Signal
MA_5	16.986	Sell
MA_10	18.103	Sell
MA_20	17.737	Sell
MA_60	19.473	Sell
MA_200	18.77	Sell
MA_250	18.77	Sell

Elemental Royalty Corp (ELE) 5-Day simple moving average is 16.986, while Elemental Royalty Corp (ELE) share price is $16.63, making it a Sell.

Elemental Royalty Corp (ELE) 10-Day simple moving average is 18.103, while Elemental Royalty Corp (ELE) share price is $16.63, making it a Sell.

Elemental Royalty Corp (ELE) 20-Day simple moving average is 17.737, while Elemental Royalty Corp (ELE) share price is $16.63, making it a Sell.

Elemental Royalty Corp (ELE) 60-Day simple moving average is 19.473, while Elemental Royalty Corp (ELE) share price is $16.63, making it a Sell.

Elemental Royalty Corp (ELE) 200-Day simple moving average is 18.77, while Elemental Royalty Corp (ELE) share price is $16.63, making it a Sell.

Elemental Royalty Corp (ELE) 250-Day simple moving average is 18.77, while Elemental Royalty Corp (ELE) share price is $16.63, making it a Sell.

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Frequently Asked Questions

What is the current technical consensus for ELE?

The overall technical consensus for Elemental Royalty Corp (ELE) is currently Strong Sell. This rating is derived from a combined analysis of moving averages and oscillators, currently showing 4 buy signals and 3 sell signals.

What are the key support and resistance levels for Elemental Royalty Corp (ELE) today?

Based on pivot point calculations, Elemental Royalty Corp (ELE) has an immediate support level at 15.642 and a major resistance level at 20.602. Traders also monitor the pivot point at 18.141 to determine the intraday trend direction.

Is Elemental Royalty Corp (ELE) overbought or oversold based on the RSI?

The Relative Strength Index (RSI) for Elemental Royalty Corp (ELE) is currently 42.394. This indicates that the stock is in neutral territory (typically, a value below 30 is oversold and above 70 is overbought).

What signal is the MACD providing for Elemental Royalty Corp (ELE)?

Elemental Royalty Corp (ELE) Moving Averages Convergence Divergence (MACD) indicator is -0.487, suggesting ELE is Strong Sell. This indicator helps identify potential trend reversals or momentum shifts for Elemental Royalty Corp.

How is Elemental Royalty Corp (ELE) performing relative to its 200-day moving average?

Elemental Royalty Corp (ELE) is currently trading at $16.63, which is below its 200-day simple moving average of 18.77. Trading below the 200-day MA is often used by investors to determine the long-term bullish or bearish trend.