Technical Analysis for BME - Black Mountain Energy Ltd
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| F | -0.341 | -57.14% | 0.455 |
BME closed up -57.14 percent on Tuesday, January 30, 2024, on 52 percent of normal volume. The bears made the stock sink to a new 52-week low. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Flat | Flat | Flat |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| New 52 Week Closing Low | Bearish | 0.00% | |
| Narrow Range Bar | Range Contraction | 0.00% | |
| Lower Bollinger Band Walk | Weakness | 0.00% | |
| New 52 Week Low | Weakness | 0.00% | |
| Stochastic Reached Oversold | Weakness | 0.00% | |
| Wide Bands | Range Expansion | 0.00% | |
| Below Lower BB | Weakness | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| 50 DMA Resistance | Bearish | -57.14% |
Get this analysis on your stocks daily!
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Configure default chart indicators
Basic chart:
Black Mountain Energy Ltd, an energy and resources company, focuses on natural gas exploration, development, and production activities in Western Australia. Its key asset is the 100% working interest in petroleum exploration permit EP 371 that covers 3,662 square kilometers area located in the Fitzroy Trough in the Canning Basin, Western Australia. The company was incorporated in 2021 and is based in Perth, Australia.
Sector: Energy
Industry: Oil & Gas E&P
Keywords: Energy Kimberley Canning Basin Physiographic Provinces Natural Gas Exploration
Classification
Sector: Energy
Industry: Oil & Gas E&P
Keywords: Energy Kimberley Canning Basin Physiographic Provinces Natural Gas Exploration
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | -5.3044 |
| 52 Week Low | -0.341 |
| Average Volume | 361,057 |
| 200-Day Moving Average | -1.152 |
| 50-Day Moving Average | -0.822 |
| 20-Day Moving Average | -0.826 |
| 10-Day Moving Average | -0.781 |
| Average True Range | -0.083 |
| RSI (14) | 30.07 |
| ADX | 11.92 |
| +DI | 21.812 |
| -DI | 57.383 |
| Chandelier Exit (Long, 3 ATRs) | -0.091 |
| Chandelier Exit (Short, 3 ATRs) | -1.160 |
| Upper Bollinger Bands | -1.065 |
| Lower Bollinger Band | -0.587 |
| Percent B (%b) | -0.52 |
| BandWidth | 57.798 |
| MACD Line | 0.049 |
| MACD Signal Line | 0.011 |
| MACD Histogram | 0.0379 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | -0.341 | ||||
| Resistance 3 (R3) | -0.341 | -0.341 | -0.341 | ||
| Resistance 2 (R2) | -0.341 | -0.341 | -0.341 | -0.341 | |
| Resistance 1 (R1) | -0.341 | -0.341 | -0.341 | -0.341 | -0.341 |
| Pivot Point | -0.341 | -0.341 | -0.341 | -0.341 | -0.341 |
| Support 1 (S1) | -0.341 | -0.341 | -0.341 | -0.341 | -0.341 |
| Support 2 (S2) | -0.341 | -0.341 | -0.341 | -0.341 | |
| Support 3 (S3) | -0.341 | -0.341 | -0.341 | ||
| Support 4 (S4) | -0.341 |
