Technical Analysis for ALK - Alkane Resources Limited  

Grade Last Price % Change Price Change
B 0.520 -1.89% -0.010
ALK closed down 1.89 percent on Wednesday, January 22, 2025, on approximately normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Support Bullish 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Calm After Storm Range Contraction -1.89%
Overbought Stochastic Strength -1.89%
Stochastic Reached Overbought Strength -2.80%
Overbought Stochastic Strength -2.80%
Gapped Down Weakness -2.80%

   Recent Intraday Alerts

Alert Time
Down 1% about 13 hours ago
Upper Bollinger Band Resistance about 14 hours ago
Rose Above Previous Day's High about 14 hours ago
Rose Above Upper Bollinger Band about 14 hours ago
2x Volume Pace about 14 hours ago

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Profile

Alkane Resources Limited   Description

Alkane Resources Limited is involved in mineral exploration and evaluation, development and extraction. The Company focuses on its projects at Tomingley and Dubbo in New South Wales (NSW). It operates through two segments: gold operations and rare metals. Its Dubbo Zirconia Project is based on a resource of zirconium, hafnium, niobium, tantalum, yttrium and rare earth elements, located at Toongi, approximately 30 kilometers south of the regional center of Duddo. Its Tomingley Gold Operations are located over 50 kilometers south-west of Dubbo in the Central West of NSW. Its Northern Molong Belt Porphyry Project consists of three exploration licenses, such as EL4022-Bodangora, EL6209-Kaiser and EL8261-Finns Crossing. Its Finns Crossing is located immediately to the north-west of the Bodangora exploration license. Its Kaiser covers approximately 127 hectors and is enclosed by the Bodangora license. Its Orange East Project is located approximately 15 kilometers east-south-east of Orange.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Gold Chemistry Metal Mineral Exploration Metals Media Porphyry Rare Earth Element Tantalum Zircon Niobium Orange Dubbo Molong Yttrium Hafnium Newell Highway Zirconium

Is ALK a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

Indicators

Indicator Value
52 Week High 0.705
52 Week Low 0.38
Average Volume 922,835
200-Day Moving Average 0.513
50-Day Moving Average 0.508
20-Day Moving Average 0.516
10-Day Moving Average 0.515
Average True Range 0.025
RSI (14) 51.69
ADX 11.04
+DI 26.789
-DI 17.743
Chandelier Exit (Long, 3 ATRs) 0.476
Chandelier Exit (Short, 3 ATRs) 0.534
Upper Bollinger Bands 0.549
Lower Bollinger Band 0.483
Percent B (%b) 0.57
BandWidth 12.803
MACD Line 0.003
MACD Signal Line 0.002
MACD Histogram 0.0015
Fundamentals Value
Market Cap 314.88 Million
Num Shares 606 Million
EPS 0.03
Price-to-Earnings (P/E) Ratio 17.33
Price-to-Sales 1.87
Price-to-Book 1.05
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.573
Resistance 3 (R3) 0.577 0.563 0.564
Resistance 2 (R2) 0.563 0.550 0.561 0.561
Resistance 1 (R1) 0.542 0.542 0.535 0.538 0.558
Pivot Point 0.528 0.528 0.525 0.526 0.528
Support 1 (S1) 0.507 0.515 0.500 0.503 0.482
Support 2 (S2) 0.493 0.507 0.491 0.479
Support 3 (S3) 0.472 0.493 0.476
Support 4 (S4) 0.468