Technical Analysis for MM1 - Midas Minerals Limited

Grade Last Price % Change Price Change
F 0.067 0.00% 0.000
MM1 closed up 4.69 percent on Monday, May 13, 2024, on 82 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.
Earnings due: May 21
*** please verify all earnings dates ***
2 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Boomer Sell Setup Bearish Swing Setup 4.69%
Narrow Range Bar Range Contraction 4.69%
Oversold Stochastic Weakness 4.69%
MACD Bearish Signal Line Cross Bearish 4.69%
Narrow Range Bar Range Contraction 4.69%
Stochastic Reached Oversold Weakness 4.69%

   Recent Intraday Alerts

Alert Time
3x Volume Pace about 4 hours ago
2x Volume Pace about 4 hours ago
1.5x Volume Pace about 4 hours ago
2x Volume Pace 1 day ago
1.5x Volume Pace 1 day ago

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Profile

Midas Minerals Limited Description

Midas Minerals Limited operates as a mineral exploration company. The company focuses on the discovery of gold, platinum group elements, nickel, copper, and other base metal mineral assets in the Eastern Goldfields and Murchison regions of Western Australia. Its projects include the Weebo gold project that consists of 9 granted exploration licences, 2 exploration licence applications, and one granted prospecting licence covering 198 square kilometers located near Leinster, Western Australia; the Challa project, which consists of 2 granted exploration licences covering 420 square kilometers and 3 exploration licence applications covering 439 square kilometers located to the east of Mt Magnet in Western Australia; and the Sunset project that includes a single prospecting licence covering 1.2 square kilometers located to the north-east of Leonora. The company was formerly known as Cowan Lithium Limited. Midas Minerals Limited was incorporated in 2018 is based in West Perth, Australia.


Classification

Sector: Basic Materials
Industry: Other Precious Metals & Mining
Keywords: Goldfields Esperance Prospecting Weebo Station

Is MM1 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 0.46
52 Week Low 0.06
Average Volume 107,321
200-Day Moving Average 0.185
50-Day Moving Average 0.081
20-Day Moving Average 0.070
10-Day Moving Average 0.068
Average True Range 0.003
RSI (14) 37.50
ADX 41.5
+DI 23.853
-DI 55.275
Chandelier Exit (Long, 3 ATRs) 0.071
Chandelier Exit (Short, 3 ATRs) 0.069
Upper Bollinger Bands 0.079
Lower Bollinger Band 0.062
Percent B (%b) 0.3
BandWidth 23.613
MACD Line -0.005
MACD Signal Line -0.005
MACD Histogram 0.0002
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.069
Resistance 3 (R3) 0.068 0.068 0.068
Resistance 2 (R2) 0.068 0.067 0.068 0.068
Resistance 1 (R1) 0.067 0.067 0.068 0.068 0.068
Pivot Point 0.067 0.067 0.067 0.067 0.067
Support 1 (S1) 0.066 0.066 0.067 0.067 0.066
Support 2 (S2) 0.066 0.066 0.066 0.066
Support 3 (S3) 0.065 0.066 0.066
Support 4 (S4) 0.066