Technical Analysis for M4M - Macro Metals Limited

Grade Last Price % Change Price Change
B 0.040 11.11% 0.004
M4M closed up 2.86 percent on Wednesday, May 15, 2024, on approximately normal volume.
Earnings due: May 16
*** please verify all earnings dates ***
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Very Strong Up Up Up

Date Alert Name Type % Chg
Calm After Storm Range Contraction 11.11%
Upper Bollinger Band Walk Strength 11.11%
Inside Day Range Contraction 11.11%
Wide Bands Range Expansion 11.11%
Bearish Engulfing Bearish 14.29%
Evening Star Bearish 14.29%
Wide Range Bar Range Expansion 14.29%
Upper Bollinger Band Walk Strength 14.29%
Wide Bands Range Expansion 14.29%
Gapped Up Strength 14.29%

   Recent Intraday Alerts

Alert Time
Rose Above Upper Bollinger Band about 1 hour ago
Up 10% about 1 hour ago
Gap Up Partially Closed about 1 hour ago
Upper Bollinger Band Resistance about 1 hour ago
Rose Above Previous Day's High about 1 hour ago

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Profile

Macro Metals Limited, through its subsidiaries, engages in the exploration and evaluation of iron ore and other mineral properties in Australia and Nigeria. The company holds a 100% interest in the Agbaja iron ore and steel project located in Kogi State in the Republic of Nigeria; and interest in the Mogul VMS project located in Western Australia. It also owns a portfolio of 8 iron ore projects in the Pilbara and Mid West regions of Western Australia. The company was formerly known as Kogi Iron Limited and changed its name to Macro Metals Limited in December 2022. Macro Metals Limited was incorporated in 1980 and is based in Peppermint Grove, Australia.
Classification

Sector: Basic Materials
Industry: Steel
Keywords: Mining Iron Ore Volta Mining Hamersley Range

Is M4M 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 0.052
52 Week Low 0.002
Average Volume 29,225,248
200-Day Moving Average 0.006
50-Day Moving Average 0.013
20-Day Moving Average 0.023
10-Day Moving Average 0.030
Average True Range 0.004
RSI (14) 63.37
ADX 62.93
+DI 55.009
-DI 11.036
Chandelier Exit (Long, 3 ATRs) 0.039
Chandelier Exit (Short, 3 ATRs) 0.027
Upper Bollinger Bands 0.041
Lower Bollinger Band 0.004
Percent B (%b) 0.87
BandWidth 161.062
MACD Line 0.007
MACD Signal Line 0.005
MACD Histogram 0.0016
Fundamentals Value
Market Cap 30.44 Million
Num Shares 846 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio -9.00
Price-to-Sales 0.00
Price-to-Book 13.97
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.044
Resistance 3 (R3) 0.044 0.042 0.042
Resistance 2 (R2) 0.042 0.040 0.042 0.042
Resistance 1 (R1) 0.039 0.039 0.039 0.039 0.041
Pivot Point 0.037 0.037 0.037 0.037 0.037
Support 1 (S1) 0.034 0.035 0.034 0.034 0.031
Support 2 (S2) 0.032 0.034 0.032 0.030
Support 3 (S3) 0.029 0.032 0.030
Support 4 (S4) 0.029