Technical Analysis for SVM - Sovereign Metals Limited  

Grade Last Price % Change Price Change
A 0.515 -3.74% -0.020
SVM closed down 3.74 percent on Monday, May 13, 2024, on 1.42 times 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.
4 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
180 Bullish Setup Bullish Swing Setup -3.74%
Pocket Pivot Bullish Swing Setup -3.74%
Stochastic Reached Overbought Strength -3.74%
Above Upper BB Strength -3.74%
Gapped Up Strength -3.74%
Overbought Stochastic Strength -3.74%
Upper Bollinger Band Touch Strength -3.74%
Shooting Star Candlestick Bearish 0.98%

   Recent Intraday Alerts

Alert Time
Down 1 ATR about 19 hours ago
Down 3% about 19 hours ago
Possible Inside Day about 20 hours ago
Gap Down Partially Closed about 24 hours ago
Down 2% about 24 hours ago

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Profile

Sovereign Metals Limited   Description

Sovereign Metals Limited is engaged in the mineral exploration, identification and appraisal of resource projects. The Company's segments include exploration in Queensland, Australia (Tate River Project and the Carpentaria Joint Venture) and Malawi (Central Malawi Graphite Project). The Company is focused on exploration and development of the Central Malawi Graphite Project located in Malawi, near the capital city, Lilongwe. Its projects in Queensland, Australia include Mt Marathon, Mt Avarice, Fountain Range, Corella River and Saint Andrews Extended. It also controls approximately 3,790 square kilometers tenement package in central Malawi that contains a number of other flake graphite prospects. These include the Malingunde deposit, which is hosted in saprolite (clay). Its graphite project is Duwi Flake Graphite Project, which is located within its exclusive prospecting license (EPL) 0372 in Malawi, near the capital city of Lilongwe.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Metal Mineral Exploration Metals Graphite Prospecting Law Mali

Is SVM 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 0.61
52 Week Low 0.37
Average Volume 324,547
200-Day Moving Average 0.450
50-Day Moving Average 0.482
20-Day Moving Average 0.491
10-Day Moving Average 0.504
Average True Range 0.019
RSI (14) 56.90
ADX 28.15
+DI 32.407
-DI 11.653
Chandelier Exit (Long, 3 ATRs) 0.479
Chandelier Exit (Short, 3 ATRs) 0.511
Upper Bollinger Bands 0.535
Lower Bollinger Band 0.447
Percent B (%b) 0.77
BandWidth 17.912
MACD Line 0.011
MACD Signal Line 0.008
MACD Histogram 0.003
Fundamentals Value
Market Cap 203.03 Million
Num Shares 394 Million
EPS -0.02
Price-to-Earnings (P/E) Ratio -24.52
Price-to-Sales 0.00
Price-to-Book 16.11
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.538
Resistance 3 (R3) 0.540 0.535 0.534
Resistance 2 (R2) 0.535 0.529 0.534 0.532
Resistance 1 (R1) 0.525 0.526 0.523 0.523 0.531
Pivot Point 0.520 0.520 0.519 0.519 0.520
Support 1 (S1) 0.510 0.514 0.508 0.508 0.499
Support 2 (S2) 0.505 0.511 0.504 0.498
Support 3 (S3) 0.495 0.505 0.496
Support 4 (S4) 0.493