Technical Analysis for ARL - Ardea Resources Ltd  

Grade Last Price % Change Price Change
C 0.640 1.59% 0.010
ARL closed up 1.59 percent on Wednesday, May 15, 2024, on 53 percent of normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.
3 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Stochastic Reached Oversold Weakness 0.00%
Outside Day Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup 1.59%
Narrow Range Bar Range Contraction 1.59%
Wide Bands Range Expansion 1.59%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Hammer Candlestick Bullish 0.00%

   Recent Intraday Alerts

Alert Time
Bearish 180 Entry about 20 hours ago
Fell Below Previous Day's Low about 20 hours ago
Outside Day about 20 hours ago
Rose Above Previous Day's High about 21 hours ago
50 DMA Resistance about 21 hours ago

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Profile

Ardea Resources Ltd   Description

Ardea Resources Limited is an Australia-based company, which is engaged in the exploration and development of Heron non-Woodlawn assets portfolio in New South Wales (NSW) and Western Australia. The Company is focused on gold and nickel exploration and development. It holds Kalgoorlie Nickel Project and other non-Woodlawn portfolio of assets, including Lewis Ponds, New South Wales; Mt Zephyr, Eastern Goldfields of Western Australia; Bardoc Tectonic Zone (BTZ), Eastern Goldfields of Western Australia, and Kalgoorlie Nickel Project. Its Lewis Ponds project is located 15 kilometers east of Orange in central NSW. The Mt Zephyr prospects contain both primary gold and nickel mineralization. The BTZ Big Four to Ghost Rocks prospects are located 60 kilometers north of Kalgoorlie. Its other projects in Western Australia include Bedonia West and Perrinvale. Its projects also include Lachlan Fold Belt, Yeoval Porphyry Copper-Gold-Molybdenum-Rhenium Project and Duckmaloi Tungsten prospect.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Gold Copper Nickel Goldfields Esperance Goldfield Mineralization Wood Eastern Goldfields Law Porphyry Tungsten Vale Lachlan Molybdenum Wis Rocks Lachlan Fold Belt Nickel Mine Orange Woodlawn

Is ARL 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 0.95
52 Week Low 0.295
Average Volume 214,762
200-Day Moving Average 0.571
50-Day Moving Average 0.663
20-Day Moving Average 0.705
10-Day Moving Average 0.666
Average True Range 0.054
RSI (14) 44.75
ADX 28.27
+DI 18.153
-DI 27.704
Chandelier Exit (Long, 3 ATRs) 0.787
Chandelier Exit (Short, 3 ATRs) 0.723
Upper Bollinger Bands 0.823
Lower Bollinger Band 0.586
Percent B (%b) 0.23
BandWidth 33.655
MACD Line -0.008
MACD Signal Line 0.006
MACD Histogram -0.0141
Fundamentals Value
Market Cap 81.71 Million
Num Shares 128 Million
EPS -0.01
Price-to-Earnings (P/E) Ratio -45.71
Price-to-Sales 0.00
Price-to-Book 1.83
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.693
Resistance 3 (R3) 0.693 0.677 0.684
Resistance 2 (R2) 0.677 0.663 0.676 0.681
Resistance 1 (R1) 0.658 0.655 0.658 0.658 0.678
Pivot Point 0.642 0.642 0.641 0.641 0.642
Support 1 (S1) 0.623 0.628 0.623 0.623 0.602
Support 2 (S2) 0.607 0.620 0.606 0.599
Support 3 (S3) 0.588 0.607 0.596
Support 4 (S4) 0.588