Technical Analysis for ERM - Emmerson Resources Limited  

Grade Last Price % Change Price Change
C 0.054 5.88% 0.003
ERM closed down 3.77 percent on Tuesday, May 14, 2024, on 72 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 5.88%
New Uptrend Bullish 5.88%
Upper Bollinger Band Walk Strength 5.88%
Outside Day Range Expansion 5.88%
Gapped Up Strength 5.88%
Overbought Stochastic Strength 5.88%
Upper Bollinger Band Touch Strength 5.88%
Stochastic Reached Overbought Strength 1.89%
Upper Bollinger Band Walk Strength 1.89%
Above Upper BB Strength 1.89%

   Recent Intraday Alerts

Alert Time
1.5x Volume Pace 16 minutes ago
Gapped Up (Full) about 4 hours ago
Rose Above Upper Bollinger Band about 4 hours ago
Up 1 ATR about 4 hours ago
Up 5% about 4 hours ago

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Profile

Emmerson Resources Limited   Description

Emmerson Resources Limited (Emmerson) is engaged in exploration and evaluation of mineral interests. The Company's projects include the Tennant Creek Mineral Field (TCMF) in the Northern Territory (NT) and the Lachlan Fold Belt (LFB) in New South Wales (NSW). It holds approximately 2,500 square kilometers (km2) of ground in the TCMF. The TCMF is located approximately 500 kilometers north of Alice Springs. Its TCMF consists of gold and copper fields producing over 5.5 million ounces (Mozs) of gold and approximately 470,000 tons of copper from a range of deposits, including Gecko, Orlando, Warrego, White Devil, Chariot and Golden Forty, which are within Emmerson Resources portfolio. Its NSW project includes Wellington Project, which covers an area of approximately 390 km2; Fifield Project, which covers an area of approximately 66 km2; Temora Project, which covers an area of approximately 203 km2, and Parkes Project, which covers an area of approximately 109 km2.


Classification

Sector: Basic Materials
Industry: Gold
Keywords: Exploration Gold Copper Lachlan Lachlan Fold Belt Tennant Tennant Creek Fifield

Is ERM 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 0.081
52 Week Low 0.044
Average Volume 155,848
200-Day Moving Average 0.058
50-Day Moving Average 0.049
20-Day Moving Average 0.048
10-Day Moving Average 0.049
Average True Range 0.002
RSI (14) 51.22
ADX 25.86
+DI 43.462
-DI 13.462
Chandelier Exit (Long, 3 ATRs) 0.048
Chandelier Exit (Short, 3 ATRs) 0.050
Upper Bollinger Bands 0.053
Lower Bollinger Band 0.043
Percent B (%b) 0.85
BandWidth 21.053
MACD Line 0.001
MACD Signal Line 0.000
MACD Histogram 0.0009
Fundamentals Value
Market Cap 24.63 Million
Num Shares 483 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio -17.00
Price-to-Sales 454.45
Price-to-Book 2.30
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.056
Resistance 3 (R3) 0.056 0.055 0.055
Resistance 2 (R2) 0.055 0.054 0.055 0.054
Resistance 1 (R1) 0.053 0.053 0.053 0.053 0.054
Pivot Point 0.052 0.052 0.052 0.052 0.052
Support 1 (S1) 0.050 0.051 0.050 0.050 0.048
Support 2 (S2) 0.049 0.050 0.049 0.048
Support 3 (S3) 0.047 0.049 0.047
Support 4 (S4) 0.047