Technical Analysis for MDI - Middle Island Resources Ltd  

Grade Last Price % Change Price Change
D 0.016 6.67% 0.001
MDI closed up 6.67 percent on Wednesday, May 15, 2024, on 1.38 times normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Bullish Engulfing Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Volume Surge Other 6.67%
Wide Bands Range Expansion 6.67%
Oversold Stochastic Weakness 6.67%
Narrow Range Bar Range Contraction 0.00%

   Recent Intraday Alerts

Alert Time
Gapped Down (Full) about 20 hours ago
Down 1 ATR about 20 hours ago
Fell Below Previous Day's Low about 20 hours ago
3x Volume Pace about 20 hours ago
2x Volume Pace about 20 hours ago

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Profile

Middle Island Resources Ltd   Description

Middle Island Resources Limited is a gold exploration and development company focused on Australia and West Africa. The Company is engaged in carrying out exploration on its tenements, reviewing numerous and pursued various possible project acquisition opportunities (completing contracts to secure one-Sandstone gold project in West Africa) and applying for or acquired additional tenements with the primary objective of identifying economic gold deposits. It has rights to over two projects consisting of approximately seven granted exploration permits, covering an area of over 1,002.39 square kilometers located in Burkina Faso in West Africa and approximately two mining leases in Western Australia. The Reo Project is located in Burkina Faso, approximately 150 kilometers by road west of the capital Ouagadougou. The Sandstone Project and processing facility is situated over 12 kilometers south of the township of Sandstone, approximately 600 kilometers northeast of Perth.


Classification

Sector: Basic Materials
Industry: Gold
Keywords: Exploration Mining Gold Sandstone French West Africa

Is MDI 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 0.07
52 Week Low 0.013
Average Volume 477,435
200-Day Moving Average 0.022
50-Day Moving Average 0.016
20-Day Moving Average 0.017
10-Day Moving Average 0.016
Average True Range 0.001
RSI (14) 52.61
ADX 23.67
+DI 38.217
-DI 37.580
Chandelier Exit (Long, 3 ATRs) 0.017
Chandelier Exit (Short, 3 ATRs) 0.017
Upper Bollinger Bands 0.019
Lower Bollinger Band 0.014
Percent B (%b) 0.37
BandWidth 31.138
MACD Line 0.000
MACD Signal Line 0.000
MACD Histogram -0.0002
Fundamentals Value
Market Cap 44.61 Million
Num Shares 2.79 Billion
EPS 0.00
Price-to-Earnings (P/E) Ratio -5.33
Price-to-Sales 1212.28
Price-to-Book 5.47
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.019
Resistance 3 (R3) 0.019 0.017 0.019
Resistance 2 (R2) 0.017 0.017 0.018 0.018
Resistance 1 (R1) 0.017 0.016 0.017 0.017 0.018
Pivot Point 0.015 0.015 0.016 0.016 0.015
Support 1 (S1) 0.015 0.015 0.015 0.015 0.014
Support 2 (S2) 0.013 0.014 0.014 0.014
Support 3 (S3) 0.013 0.013 0.014
Support 4 (S4) 0.013