Technical Analysis for TAM - Tanami Gold NL  

Grade Last Price % Change Price Change
C 0.034 0.00% 0.000
TAM closed down 2.86 percent on Tuesday, May 14, 2024, on 20 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.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Below Lower BB Weakness 0.00%
Down 3 Days in a Row Weakness 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Fell Below 50 DMA Bearish -2.86%
New Downtrend Bearish -2.86%
Narrow Range Bar Range Contraction -2.86%

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Profile

Tanami Gold NL   Description

Tanami Gold NL is an Australia-based company engaged in gold exploration. The Company's segments include Gold Production and Exploration. Its exploration centers are situated in the Tanami Desert straddling the Western Australia and Northern Territory border. The Company owns approximately 100% interest in Coyote Gold Project, which is an underground mining operation. The Coyote Gold Project is located in Western Australia and consists of over 350,000 tons per annum carbon-in-leach treatment plant. Its principal asset, Central Tanami Project in the Northern Territory is located adjacent to the Tanami Track and approximately 90 kilometers east of the Coyote Gold Project. The Company's principal focus of activity is Groundrush deposit (mineral leases (ML) 22934). Its exploration programs are also focused on the extensions of known deposits within MLs, such as MLS153, MLS167, MLS168 and MLS180. The Company's subsidiaries include Tanami Exploration NL and Tanami (NT) Pty Ltd.


Classification

Sector: Basic Materials
Industry: Gold
Keywords: Exploration Mining Gold Carbon Kimberley Tanami Underground Mining Tanami Desert Coyote Gold Mine Ibra Regions

Is TAM 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 0.044
52 Week Low 0.028
Average Volume 417,521
200-Day Moving Average 0.036
50-Day Moving Average 0.035
20-Day Moving Average 0.038
10-Day Moving Average 0.037
Average True Range 0.002
RSI (14) 44.44
ADX 28.56
+DI 23.113
-DI 29.717
Chandelier Exit (Long, 3 ATRs) 0.037
Chandelier Exit (Short, 3 ATRs) 0.039
Upper Bollinger Bands 0.042
Lower Bollinger Band 0.035
Percent B (%b) -0.15
BandWidth 17.708
MACD Line 0.000
MACD Signal Line 0.001
MACD Histogram -0.0006
Fundamentals Value
Market Cap 39.95 Million
Num Shares 1.18 Billion
EPS 0.02
Price-to-Earnings (P/E) Ratio 2.27
Price-to-Sales 0.00
Price-to-Book 1.72
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.034
Resistance 3 (R3) 0.034 0.034 0.034
Resistance 2 (R2) 0.034 0.034 0.034 0.034
Resistance 1 (R1) 0.034 0.034 0.034 0.034 0.034
Pivot Point 0.034 0.034 0.034 0.034 0.034
Support 1 (S1) 0.034 0.034 0.034 0.034 0.034
Support 2 (S2) 0.034 0.034 0.034 0.034
Support 3 (S3) 0.034 0.034 0.034
Support 4 (S4) 0.034