Technical Analysis for ADD - Adavale Resources Limited  

Grade Last Price % Change Price Change
D 0.006 20.00% 0.001
ADD closed up 20.0 percent on Friday, April 19, 2024, on 3 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Narrow Range Bar Range Contraction 20.00%
Wide Bands Range Expansion 20.00%
20 DMA Resistance Bearish 20.00%
50 DMA Resistance Bearish 20.00%
Wide Bands Range Expansion 20.00%

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Profile

Adavale Resources Limited   Description

Adavale Resources Limited is an exploration company. The Company is engaged in mining explorations and development in Australia and Indonesia. The Company is also involved in research and identifying coal projects across Indonesia. It is focused on exploration of its uranium project at Lake Surprise in South Australia, as well as evaluating other uranium and coal exploration opportunities. Its Tapan project lies approximately 120 kilometers south of the capital of Padang. Its Lake Surprise Project area contains the Jubilee and Mookwarinna Prospect areas, and these lie within a shallow and structural downwarp, known as the Clayton Basin. The Company's exploration licenses within northern part of the Lake Frome Embayment include EL 4949, EL 4950 and EL 5644. Its EL 4949 has an area of over 120 square kilometers. The Jubilee Prospect contains over 10 ore blocks. The Mookwarinna Prospect lies in the south-central part of EL 4950 and spaced drill-holes on a kilometer grid spacing.


Classification

Sector: Basic Materials
Industry: Coal
Keywords: Exploration Mining Coal Uranium Occupational Safety And Health Vale

Is ADD 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 0.038
52 Week Low 0.004
Average Volume 2,509,811
200-Day Moving Average 0.011
50-Day Moving Average 0.005
20-Day Moving Average 0.005
10-Day Moving Average 0.005
Average True Range 0.001
RSI (14) 52.61
ADX 17.71
+DI 52.055
-DI 24.658
Chandelier Exit (Long, 3 ATRs) 0.004
Chandelier Exit (Short, 3 ATRs) 0.006
Upper Bollinger Bands 0.006
Lower Bollinger Band 0.004
Percent B (%b) 0.8
BandWidth 37.037
MACD Line 0.000
MACD Signal Line 0.000
MACD Histogram -0.0001
Fundamentals Value
Market Cap 1.44 Million
Num Shares 240 Million
EPS 0.08
Price-to-Earnings (P/E) Ratio 0.08
Price-to-Sales 6.48
Price-to-Book 0.00
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.006
Resistance 3 (R3) 0.006 0.006 0.006
Resistance 2 (R2) 0.006 0.006 0.006 0.006
Resistance 1 (R1) 0.006 0.006 0.006 0.006 0.006
Pivot Point 0.006 0.006 0.006 0.006 0.006
Support 1 (S1) 0.006 0.006 0.006 0.006 0.006
Support 2 (S2) 0.006 0.006 0.006 0.006
Support 3 (S3) 0.006 0.006 0.006
Support 4 (S4) 0.006