Technical Analysis for NVA - Nova Minerals Limited
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 180 Bearish Setup | Bearish Swing Setup | 0.00% | |
| Wide Bands | Range Expansion | 0.00% | |
| Wide Bands | Range Expansion | -5.88% | |
| Gapped Down | Weakness | -5.88% | |
| Calm After Storm | Range Contraction | -2.04% | |
| Wide Bands | Range Expansion | -2.04% | |
| Oversold Stochastic | Weakness | -2.04% | |
| Stochastic Buy Signal | Bullish | -2.04% | |
| Inside Day | Range Contraction | -2.04% | |
| Wide Bands | Range Expansion | -2.04% |
Free Daily (Stock) Chart Reading
Nova Minerals Limited Description
Nova Minerals Limited, formerly Quantum Resources Limited, is engaged in the mineral exploration. The Company is an Australian explorer with projects in Western Australia and the Northern Territory. Its projects are prospective for gold and base metals. Its projects include Telfer Project and Tanami (Officer Hill JV) Project. The Company owns approximately 100% interest in Telfer Project, which consists of a single exploration license in an area of over six kilometers from the Telfer Gold mine. The Telfer deposit has an ore reserve of approximately 6.3 million ounces of gold and over 0.295 million tons of copper within a mineral resource of approximately 15 million ounces of gold. It owns over 100% interest in Tanami (Officer Hill JV) Project, which is located within the Tanami geological province. It holds a single exploration license located approximately 34 kilometers southwest of the Callie gold mine. The Tanami (Officer Hill JV) Project is a prospective for gold mineralization.
Classification
Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Gold Metal Copper Mineral Exploration Minerals Metals Base Metal Gold Mine Mineralization Gold Miner Tanami Tanami Desert Coyote Gold Mine Great Sandy Desert
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 0.425 |
| 52 Week Low | 0.22 |
| Average Volume | 171,540 |
| 200-Day Moving Average | 0.287 |
| 50-Day Moving Average | 0.274 |
| 20-Day Moving Average | 0.277 |
| 10-Day Moving Average | 0.257 |
| Average True Range | 0.018 |
| RSI (14) | 39.02 |
| ADX | 21.71 |
| +DI | 14.840 |
| -DI | 32.520 |
| Chandelier Exit (Long, 3 ATRs) | 0.266 |
| Chandelier Exit (Short, 3 ATRs) | 0.274 |
| Upper Bollinger Bands | 0.327 |
| Lower Bollinger Band | 0.227 |
| Percent B (%b) | 0.13 |
| BandWidth | 36.029 |
| MACD Line | -0.010 |
| MACD Signal Line | -0.006 |
| MACD Histogram | -0.0045 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 0.263 | ||||
| Resistance 3 (R3) | 0.265 | 0.260 | 0.259 | ||
| Resistance 2 (R2) | 0.260 | 0.254 | 0.259 | 0.257 | |
| Resistance 1 (R1) | 0.250 | 0.251 | 0.248 | 0.248 | 0.256 |
| Pivot Point | 0.245 | 0.245 | 0.244 | 0.244 | 0.245 |
| Support 1 (S1) | 0.235 | 0.239 | 0.233 | 0.233 | 0.224 |
| Support 2 (S2) | 0.230 | 0.236 | 0.229 | 0.223 | |
| Support 3 (S3) | 0.220 | 0.230 | 0.221 | ||
| Support 4 (S4) | 0.218 |
