Technical Analysis for DNK - Danakali Ltd
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Down | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Fell Below 50 DMA | Bearish | 0.00% | |
| New Downtrend | Bearish | 0.00% | |
| Gilligan's Island Buy Setup | Bullish Swing Setup | 0.00% | |
| Volume Surge | Other | 0.00% | |
| Wide Range Bar | Range Expansion | 0.00% | |
| Gapped Down | Weakness | 0.00% | |
| Lower Bollinger Band Touch | Weakness | 0.00% | |
| 20 DMA Resistance | Bearish | -2.38% | |
| Crossed Above 50 DMA | Bullish | -2.38% | |
| New Uptrend | Bullish | -2.38% |
| Alert | Time |
|---|---|
| No Alerts Yet. Alerts will only show here if at least one person is tracking alerts on this stock. | |
Get this analysis on your stocks daily!
Danakali Ltd Description
Danakali Limited, formerly South Boulder Mines Limited, is engaged in the exploration and evaluation of mineral resources. The Company is involved in the development of Colluli Potash Project in Eritrea. It operates through the exploration of minerals in Eritrea segment. Its Colluli Potash Project is located in the Danakil region of Eritrea, East Africa. Its Colluli Potash Project is located approximately 180 kilometers south-east of the capital, Asmara and over 180 kilometers from the port of Massawa. The Colluli Potash resource consists of over three potassium bearing salts, such as sylvinite, carnallitite and kainitite. The Colluli Potash project consists of over 1.3 billion tons of potassium bearing salts used for the production of potash fertilizers and approximately 350 million tons of rock salt. Its potassium bearing salts produces a range of potash types, including muriate of potash (MOP), sulfide of potash (SOP) and sulfide of potash magnesia (SOP-M).
Classification
Sector: Basic Materials
Industry: Agricultural Inputs
Keywords: Exploration Chemistry Minerals Chemical Elements Mines Dietary Minerals Potash Fertilizers Potassium Sop Fertilizer Sylvinite Potassium Chloride
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 0.44 |
| 52 Week Low | 0.22 |
| Average Volume | 1,443,003 |
| 200-Day Moving Average | 0.338 |
| 50-Day Moving Average | 0.417 |
| 20-Day Moving Average | 0.420 |
| 10-Day Moving Average | 0.415 |
| Average True Range | 0.012 |
| RSI (14) | 45.36 |
| ADX | 28.82 |
| +DI | 21.697 |
| -DI | 37.515 |
| Chandelier Exit (Long, 3 ATRs) | 0.405 |
| Chandelier Exit (Short, 3 ATRs) | 0.420 |
| Upper Bollinger Bands | 0.435 |
| Lower Bollinger Band | 0.405 |
| Percent B (%b) | 0.18 |
| BandWidth | 7.333 |
| MACD Line | -0.001 |
| MACD Signal Line | 0.000 |
| MACD Histogram | -0.0015 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 0.448 | ||||
| Resistance 3 (R3) | 0.443 | 0.427 | 0.441 | ||
| Resistance 2 (R2) | 0.427 | 0.417 | 0.429 | 0.439 | |
| Resistance 1 (R1) | 0.418 | 0.411 | 0.423 | 0.423 | 0.437 |
| Pivot Point | 0.402 | 0.402 | 0.404 | 0.404 | 0.402 |
| Support 1 (S1) | 0.393 | 0.392 | 0.398 | 0.398 | 0.383 |
| Support 2 (S2) | 0.377 | 0.386 | 0.379 | 0.381 | |
| Support 3 (S3) | 0.368 | 0.377 | 0.379 | ||
| Support 4 (S4) | 0.373 |
