Technical Analysis for AKM - Aspire Mining Ltd  

Grade Last Price % Change Price Change
A 0.210 -6.67% -0.015
AKM closed down 6.67 percent on Friday, May 3, 2024, on 35 percent of 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.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Bearish Engulfing Bearish 0.00%
Upper Bollinger Band Walk Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup -6.67%
Calm After Storm Range Contraction -6.67%
Narrow Range Bar Range Contraction -6.67%
Stochastic Reached Overbought Strength -6.67%
Above Upper BB Strength -6.67%
Overbought Stochastic Strength -6.67%

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Profile

Aspire Mining Ltd   Description

Aspire Mining Limited is a metallurgical coal and infrastructure company. The Company's assets are located in Mongolia. The Company's segments include Australia, Mongolia and Singapore. The Company holds interest in the Ovoot, Jilchigbulag and Myangan coal projects. It holds interest in the Ekhgoviin Chuluu Joint Venture (ECJV), which holds interest in the Nuurstei Coking Coal Project and in the Erdenebulag Coal Project. The Company also holds interest in Northern Railways LLC. The Ovoot project is a large scale coking coal project. The Jilchigbulag project is an approximately 2.5 square kilometers exploration license, which surrounds a mine lease that supplies thermal coal. The Nuurstei Coking Coal Project is located in the Orkhon-Selenge coal Basin in northern Mongolia. The Erdenebulag Coal Project is located in the South Gobi region of southern Mongolia. The Nuurstei Coking Coal Project consists of over two tenement areas spanning across approximately 30 square kilometers.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Metal Energy Infrastructure Coal Fuels Coal Mining Metallurgical Coal Bula Coal Mining Region

Is AKM 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 0.23
52 Week Low 0.052
Average Volume 306,265
200-Day Moving Average 0.130
50-Day Moving Average 0.194
20-Day Moving Average 0.199
10-Day Moving Average 0.200
Average True Range 0.012
RSI (14) 54.55
ADX 28.05
+DI 35.495
-DI 23.703
Chandelier Exit (Long, 3 ATRs) 0.189
Chandelier Exit (Short, 3 ATRs) 0.206
Upper Bollinger Bands 0.223
Lower Bollinger Band 0.174
Percent B (%b) 0.74
BandWidth 24.282
MACD Line 0.004
MACD Signal Line 0.002
MACD Histogram 0.0027
Fundamentals Value
Market Cap 106.6 Million
Num Shares 508 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio -105.00
Price-to-Sales 0.00
Price-to-Book 0.49
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.233
Resistance 3 (R3) 0.235 0.230 0.229
Resistance 2 (R2) 0.230 0.224 0.229 0.227
Resistance 1 (R1) 0.220 0.221 0.218 0.218 0.226
Pivot Point 0.215 0.215 0.214 0.214 0.215
Support 1 (S1) 0.205 0.209 0.203 0.203 0.194
Support 2 (S2) 0.200 0.206 0.199 0.193
Support 3 (S3) 0.190 0.200 0.191
Support 4 (S4) 0.188