Technical Analysis for ARL - Ardea Resources Ltd  

Grade Last Price % Change Price Change
C 0.640 -3.03% -0.020
ARL closed down 3.03 percent on Monday, May 13, 2024, on approximately normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.
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Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Down Down

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Centerline Cross Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Wide Bands Range Expansion 0.00%
50 DMA Support Bullish -3.03%
Calm After Storm Range Contraction -3.03%
50 DMA Support Bullish -1.54%
Calm After Storm Range Contraction -1.54%
Gapped Down Weakness -1.54%
Calm After Storm Range Contraction -9.86%

   Recent Intraday Alerts

Alert Time
1.5x Volume Pace about 20 hours ago
Lower Bollinger Band Support about 21 hours ago
Fell Below Previous Day's Low about 22 hours ago
Down 5% about 22 hours ago
Fell Below 50 DMA about 23 hours ago

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Profile

Ardea Resources Ltd   Description

Ardea Resources Limited is an Australia-based company, which is engaged in the exploration and development of Heron non-Woodlawn assets portfolio in New South Wales (NSW) and Western Australia. The Company is focused on gold and nickel exploration and development. It holds Kalgoorlie Nickel Project and other non-Woodlawn portfolio of assets, including Lewis Ponds, New South Wales; Mt Zephyr, Eastern Goldfields of Western Australia; Bardoc Tectonic Zone (BTZ), Eastern Goldfields of Western Australia, and Kalgoorlie Nickel Project. Its Lewis Ponds project is located 15 kilometers east of Orange in central NSW. The Mt Zephyr prospects contain both primary gold and nickel mineralization. The BTZ Big Four to Ghost Rocks prospects are located 60 kilometers north of Kalgoorlie. Its other projects in Western Australia include Bedonia West and Perrinvale. Its projects also include Lachlan Fold Belt, Yeoval Porphyry Copper-Gold-Molybdenum-Rhenium Project and Duckmaloi Tungsten prospect.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Gold Copper Nickel Goldfields Esperance Goldfield Mineralization Wood Eastern Goldfields Law Porphyry Tungsten Vale Lachlan Molybdenum Wis Rocks Lachlan Fold Belt Nickel Mine Orange Woodlawn

Is ARL 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 0.95
52 Week Low 0.295
Average Volume 213,227
200-Day Moving Average 0.572
50-Day Moving Average 0.654
20-Day Moving Average 0.712
10-Day Moving Average 0.675
Average True Range 0.058
RSI (14) 44.44
ADX 29.46
+DI 18.994
-DI 30.004
Chandelier Exit (Long, 3 ATRs) 0.776
Chandelier Exit (Short, 3 ATRs) 0.734
Upper Bollinger Bands 0.821
Lower Bollinger Band 0.603
Percent B (%b) 0.17
BandWidth 30.683
MACD Line -0.001
MACD Signal Line 0.013
MACD Histogram -0.0145
Fundamentals Value
Market Cap 81.71 Million
Num Shares 128 Million
EPS -0.01
Price-to-Earnings (P/E) Ratio -45.71
Price-to-Sales 0.00
Price-to-Book 1.83
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.700
Resistance 3 (R3) 0.697 0.673 0.690
Resistance 2 (R2) 0.673 0.658 0.675 0.687
Resistance 1 (R1) 0.657 0.649 0.645 0.660 0.683
Pivot Point 0.633 0.633 0.628 0.635 0.633
Support 1 (S1) 0.617 0.618 0.605 0.620 0.597
Support 2 (S2) 0.593 0.609 0.595 0.593
Support 3 (S3) 0.577 0.593 0.590
Support 4 (S4) 0.580