ELRRF (Eloro Resources) 9-Day RSI: 32.78 (As of Jul. 09, 2026)


ELRRF Eloro Resources Ltd ELRRF
34 GF Score
Price $1.13
! 1 Warning Sign
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What is Eloro Resources 9-Day RSI?

Eloro Resources ELRRF -1.74% 34 9-Day RSI is 32.78 as of Jul. 09, 2026. GuruFocus rates ELRRF with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 2,681 Metals & Mining companies, Eloro Resources ranks better than 74% on this metric.

The Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100. Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.

As of today (2026-07-09), Eloro Resources's 9-Day RSI is 32.78.

The industry rank for Eloro Resources's 9-Day RSI or its related term are showing as below:

ELRRF's 9-Day RSI is ranked better than
74% of 2681 companies
in the Metals & Mining industry
Industry Median: 41.43 vs ELRRF: 32.78

Eloro Resources  (OTCPK:ELRRF) 9-Day RSI Explanation

The Relative Strength Index (RSI), developed by J. Welles Wilder in his book “New Concepts in Technical Trading Systems.”, is a momentum oscillator that measures the speed and change of price movements. The RSI is most typically used on a 14-day period, measured on a scale from 0 to 100.

Traditionally, an asset is considered overbought or overvalued when the RSI is above 70 and oversold or undervalued when it is below 30. A RSI surpasses the 30 level indicates a bullish sign, when it slides below 70 level, it’s a bearish sign. This level can be adjusted depending on the security’s pattern and the market’s underlying trend. In an uptrend or bullish market, the RSI might range within a higher interval, investors could set the support level higher. If a downtrend or bearish market occurs, investors may need to lower the resistance level.

RSI can also be used in trading techniques to indicate the trading signal, such as Divergences and Swing Rejections. A shorter period RSI is more reactive to recent price changes, so it can show early signs of reversals. 9-Day RSI is sometimes used together with 14-Day RSI in a two period divergence strategy.


Eloro Resources 9-Day RSI Related Terms


ELRRF vs NEM, AU: 9-Day RSI Comparison

For the Gold subindustry, Eloro Resources's 9-Day RSI, along with its competitors' market caps and 9-Day RSI data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Eloro Resources 9-Day RSI vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Eloro Resources's 9-Day RSI distribution charts can be found below:

* The bar in red indicates where Eloro Resources's 9-Day RSI falls into.


ELRRF
34GF Score
Eloro Resources Ltd ELRRF
9-Day RSI is just one metric. See GF Score™, valuation, warning signs, and more.
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Eloro Resources  (OTCPK:ELRRF) 9-Day RSI Calculation

The formula for calculating RSI is:

RSI=100[ 100 / ( 1 + Average Gain / Average Loss )]

* Note that the formula uses a positive value for the average loss.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about 9-Day RSI →
What does a 9-Day RSI of 32.78 mean?
Eloro Resources (ELRRF) has a 9-Day RSI of 32.78 as of Jul. 09, 2026. According to the industry distribution chart, Eloro Resources ranks #697 out of 2681 companies in the Metals & Mining industry, placing it in the top 26%.
Is Eloro Resources' 9-Day RSI too high?
Eloro Resources' current 9-Day RSI is 32.78. The Metals & Mining industry median 9-Day RSI is 41.43. Eloro Resources' value of 32.78 is 20.9% below this industry median. Based on the distribution chart, Eloro Resources ranks #697 out of 2681 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Eloro Resources has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Eloro Resources' 9-Day RSI compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Eloro Resources ranks #697 out of 2681 companies for 9-Day RSI. This puts Eloro Resources in the upper half of its industry. The industry median 9-Day RSI is 41.43. Eloro Resources' value of 32.78 is 20.9% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 9-Day RSI for a Metals & Mining company?
The median 9-Day RSI among Metals & Mining companies is 41.43, based on 2,681 companies in the industry. Companies in the top quartile (top 25%) have a 9-Day RSI significantly above this median, while those in the bottom quartile fall well below. However, 9-Day RSI should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Eloro Resources's current 9-Day RSI of 32.78 is 20.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 9-Day RSI mean?
A high 9-Day RSI can signal that a stock is expensive relative to its fundamentals. For the Metals & Mining industry, the median 9-Day RSI is 41.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Eloro Resources's current 9-Day RSI is 32.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Eloro Resources stock overvalued right now?
Eloro Resources (ELRRF) has a current 9-Day RSI of 32.78. The current 9-Day RSI is 32.78 and 20.9% below the Metals & Mining industry median of 41.43. Eloro Resources' overall GF Score™ is 34/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 9-Day RSI calculated?
9-Day RSI is calculated from a company's financial statements. For Eloro Resources (ELRRF), the current 9-Day RSI is 32.78 as of Jul. 09, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Eloro Resources Business Description

Other Exchanges P2QM:GermanyELO:Canada
Address 20 Adelaide Street East, Suite 200, Toronto, ON, CAN, M5C 2T6
Eloro Resources Ltd is an exploration and mine development company with a portfolio of gold-silver properties in Peru, a polymetallic property in Bolivia, and base metal properties in Quebec. The company has an option to acquire a ninety-nine percent interest in the Iska Iska Property located in southern Bolivia, and owns an eighty-two percent interest in the La Victoria Gold/Silver Project located in the North-Central Mineral Belt of Peru. It has one reportable segment, which is mineral exploration.
34GF Score

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9-Day RSI is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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