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Erdene Resources (TSE:ERD)
TSX:ERD

Erdene Resources (ERD) Technical Analysis

21 Followers

Summary of all the Indicators

Overall Consensus
Strong Buy
15Bullish
4Neutral
2Bearish
Technical Analysis Consensus
Buy
3Bullish
4Neutral
2Bearish
Moving Average Consensus
Strong Buy
12Bullish
0Neutral
0Bearish
Erdene Resources’s (ERD) Moving Averages Convergence Divergence (MACD) indicator is <0.01, suggesting Erdene Resources is a Sell.
Erdene Resources’s (ERD) 20-Day exponential moving average is 0.43, while Erdene Resources’s (ERD) share price is C$0.44, making it a Buy.
Erdene Resources’s (ERD) 50-Day exponential moving average is 0.42, while Erdene Resources’s (ERD) share price is C$0.44, making it a Buy.

Erdene Resources (ERD) Pivot Points

Jul 23, 2024, 01:20 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
0.41
0.41
0.42
0.42
0.43
0.43
0.44
Fibonacci
0.41
0.42
0.42
0.42
0.43
0.43
0.43
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Erdene Resources (ERD) Moving Averages

Jul 23, 2024, 01:20 AM
Period
Simple
Exponential
MA5
0.43Buy
0.43Buy
MA10
0.43Buy
0.43Buy
MA20
0.42Buy
0.43Buy
MA50
0.43Buy
0.42Buy
MA100
0.41Buy
0.41Buy
MA200
0.37Buy
0.38Buy
Erdene Resources’s (ERD) 10-Day exponential moving average is 0.43, while Erdene Resources’s (ERD) share price is C$0.44, making it a Buy.
Erdene Resources’s (ERD) 100-Day exponential moving average is 0.41, while Erdene Resources’s (ERD) share price is C$0.44, making it a Buy.
Erdene Resources’s (ERD) stock price is C$0.44 and Erdene Resources’s (ERD) 50-day simple moving average is 0.43, creating a Buy signal.
Erdene Resources’s (ERD) stock price is C$0.44 and Erdene Resources’s (ERD) 100-day simple moving average is 0.41, creating a Buy signal.
Erdene Resources’s (ERD) stock price is C$0.44 and Erdene Resources’s (ERD) 200-day simple moving average is 0.37, creating a Buy signal.

Erdene Resources (ERD) Technical Indicators

Jul 23, 2024, 01:20 AM
Name
Value
Implied Action
RSI (14)
57.24
Neutral
STOCH (9,6)
66.67
Neutral
STOCHRSI (14)
71.43
Neutral
MACD (12,26)
<0.01
Sell
ADX (14)
15.80
Buy
Williams %R
0.00
-
CCI (14)
134.84
Sell
ATR (14)
0.02
-
Ultimate Oscillator
62.74
Neutral
ROC
12.50
Buy
Erdene Resources’s (ERD) Relative Strength Index (RSI) is 57.24, creating a Neutral signal.
Erdene Resources’s (ERD) Trend Strength Indicator (ADX) is 15.80, creating a Buy signal.
Erdene Resources’s (ERD) Commodity Channel Index (CCI) is 134.84, creating a Sell signal.
Erdene Resources’s (ERD) Price Rate of Change (ROC) is 12.50, creating a Buy signal.

FAQ

Is ERD a Buy, Hold, or Sell?
Based on ERD’s technical indicators, ERD is a Strong Buy.
    What is ERD’s RSI (14)?
    ERD’s RSI (14) is 57.24, which suggests ERD is a Neutral.
      What is ERD’s MACD?
      ERD’s MACD is <0.01, which suggests ERD is a Sell.
        What is ERD’s 5-day moving average?
        ERD’s 5-day moving average is 0.43, which suggests ERD is a Buy.
          What is ERD’s 20-day moving average?
          ERD 20-day moving average is 0.42, which suggests ERD is a Buy.
            What is ERD’s 50-day moving average?
            ERD’s 50-day moving average is 0.43, which suggests ERD is a Buy.
              What is ERD’s 200-day moving average?
              ERD’s 200-day moving average is 0.37, which suggests ERD is a Buy.
                What is ERD’s Williams % R (14)?
                Currently, no data Available
                What is ERD’s CCI (14)?
                ERD’s CCI (14) is 134.84, which suggests ERD is a Sell.
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