Technical Analysis for ARE - Argonaut Resources NL  

Grade Last Price % Change Price Change
C 0.105 -12.50% -0.015
ARE closed down 12.5 percent on Monday, April 15, 2024, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Up

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Upper Bollinger Band Touch Strength 0.00%
Gapped Down Weakness 0.00%
Crossed Above 50 DMA Bullish -12.50%
180 Bullish Setup Bullish Swing Setup -12.50%
Expansion Pivot Buy Setup Bullish Swing Setup -12.50%
Pocket Pivot Bullish Swing Setup -12.50%
Wide Range Bar Range Expansion -12.50%

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Profile

Argonaut Resources NL   Description

Argonaut Resources NL is a mineral exploration and development company with operations in Canada, Zambia and Australia. The principal activities of the Company are the identification and development of mineral resource opportunities with a commodity focus on lithium, copper and gold. Its portfolio of projects includes the Crescent Lake and Greenbush Lake lithium properties in Ontario, Canada; the Lake Blanche with lithium brines and potash in South Australia; the Lake Torrens, a magnetic and gravity anomaly in South Australia; the Kroombit zinc-copper deposit in Central Queensland; the Alford project with iron oxide copper-gold mineralization in South Australia; the Aroona zinc project in South Australia, and the Lumwana West project with copper deposits in Zambia. The Company's subsidiaries include Kelaray Pty Ltd., holding its Australian interests; Argonaut Resources Overseas Investments Ltd., holding its non-Australian interests, and Arctic Scene Ltd., holding its Zambian assets.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Gold Copper Mineral Exploration Iron Lithium Zinc Gold Mine Mineralization Gold Miner Commodity Potash Ontario Lumwana

Is ARE 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 0.145
52 Week Low 0.001
Average Volume 402,670
200-Day Moving Average 0.058
50-Day Moving Average 0.106
20-Day Moving Average 0.091
10-Day Moving Average 0.092
Average True Range 0.009
RSI (14) 55.16
ADX 21.18
+DI 34.468
-DI 16.362
Chandelier Exit (Long, 3 ATRs) 0.094
Chandelier Exit (Short, 3 ATRs) 0.106
Upper Bollinger Bands 0.108
Lower Bollinger Band 0.074
Percent B (%b) 0.92
BandWidth 36.484
MACD Line -0.001
MACD Signal Line -0.004
MACD Histogram 0.0033
Fundamentals Value
Market Cap 305.85 Million
Num Shares 2.91 Billion
EPS 0.00
Price-to-Earnings (P/E) Ratio -105.00
Price-to-Sales 0.00
Price-to-Book 4.45
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.128
Resistance 3 (R3) 0.130 0.125 0.124
Resistance 2 (R2) 0.125 0.119 0.124 0.122
Resistance 1 (R1) 0.115 0.116 0.113 0.113 0.121
Pivot Point 0.110 0.110 0.109 0.109 0.110
Support 1 (S1) 0.100 0.104 0.098 0.098 0.089
Support 2 (S2) 0.095 0.101 0.094 0.088
Support 3 (S3) 0.085 0.095 0.086
Support 4 (S4) 0.083