Technical Analysis for DRX - Diatreme Resources Limited  

Grade Last Price % Change Price Change
D 0.019 0.00% 0.000
DRX closed unchanged on Wednesday, April 24, 2024, on 2.18 times normal volume. The bears made the stock sink to a new 52-week low. 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. 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.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Expansion Breakdown Bearish Swing Setup 0.00%
Hammer Candlestick Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Doji - Bullish? Reversal 0.00%
New 52 Week Low Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Narrow Range Bar Range Contraction 0.00%
Oversold Stochastic Weakness 0.00%

   Recent Intraday Alerts

Alert Time
Lower Bollinger Band Support about 19 hours ago
Reversed from Down about 19 hours ago
Down 10% about 22 hours ago
Down 2 ATRs about 22 hours ago
Down 1 ATR about 24 hours ago

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Profile

Diatreme Resources Limited   Description

Diatreme Resources Limited is focused on development activities and mineral exploration within Australia. The principal activity of the Company is exploration of mineral sands, copper and gold. Its projects include Cyclone Zircon Project, Eucla Basin, Cape Bedford, Clermont, Grays Hill and Tick Hill. Its Cyclone Zircon Project is situated in Western Australia on the Barton shoreline along the northern margin of the Eucla Basin, approximately 20 kilometers west of the South Australia border and over 300 kilometers north of Eucla. Eucla Basin is an onshore-offshore basin on the southern Australian passive margin. The Grays Hill project is located approximately 40 kilometers northeast of Rockhampton. The Clermont Project consists of over three exploration permits and covers various prospects, including Rosevale Project and the Peak Downs Copper Mine. The Tick Hill Gold Project consists of over three granted mining lease numbers 7094, 7096 and 7097, totaling approximately 390 hectares.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Gold Copper Mineral Exploration Minerals Goldfields Esperance Vale Zircon Physiographic Provinces Rockhampton Eucla Eucla Basin Clermont Project Nullarbor Plain

Is DRX 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 0.033
52 Week Low 0.017
Average Volume 727,496
200-Day Moving Average 0.023
50-Day Moving Average 0.021
20-Day Moving Average 0.020
10-Day Moving Average 0.020
Average True Range 0.001
RSI (14) 50.00
ADX 20.89
+DI 11.565
-DI 30.612
Chandelier Exit (Long, 3 ATRs) 0.019
Chandelier Exit (Short, 3 ATRs) 0.020
Upper Bollinger Bands 0.022
Lower Bollinger Band 0.018
Percent B (%b) 0.24
BandWidth 17.085
MACD Line -0.001
MACD Signal Line -0.001
MACD Histogram 0.0
Fundamentals Value
Market Cap 44.07 Million
Num Shares 2.32 Billion
EPS 0.00
Price-to-Earnings (P/E) Ratio -19.00
Price-to-Sales 0.00
Price-to-Book 2.42
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.022
Resistance 3 (R3) 0.022 0.020 0.022
Resistance 2 (R2) 0.020 0.020 0.021 0.021
Resistance 1 (R1) 0.020 0.019 0.020 0.020 0.021
Pivot Point 0.018 0.018 0.019 0.019 0.018
Support 1 (S1) 0.018 0.018 0.018 0.018 0.017
Support 2 (S2) 0.016 0.017 0.017 0.017
Support 3 (S3) 0.016 0.016 0.017
Support 4 (S4) 0.016