Technical Analysis for ENR - Encounter Resources Ltd.  

Grade Last Price % Change Price Change
C 0.400 15.94% 0.055
ENR closed up 15.94 percent on Thursday, November 21, 2024, on 9.2 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
Earnings due: Nov 22
*** please verify all earnings dates ***
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
200 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Range Bar Range Expansion 0.00%
Doji - Bearish? Reversal 0.00%
Above Upper BB Strength 0.00%

   Recent Intraday Alerts

Alert Time
200 DMA Resistance about 10 hours ago
Possible Pocket Pivot about 12 hours ago
Up 10% about 12 hours ago
Gapped Up (Full) about 12 hours ago
Rose Above Previous Day's High about 12 hours ago

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Profile

Encounter Resources Ltd.   Description

Encounter Resources Limited is an Australia-based exploration and resource development company. The Company's principal activity is mineral exploration. The Company's Yeneena project covers over 1,800 square kilometers tenement package in the Paterson Province of Western Australia located between the Nifty copper mine, the Woodie Woodie manganese mine, the Telfer gold-copper mine and the Kintyre uranium deposit. The Yeneena Project includes the BM1, BM7 and BM8 copper prospects. The Yeneena Project Gold Claw-back relates to various exploration licenses: E45/2500, E45/2501, E45/2502, E45/2503, E45/2561, E45/2657, E45/2658, E45/2805 and E45/2806. Its Millennium zinc project consists of exploration licenses, which include EL45/2501, EL45/2561 and over four blocks of EL45/2500 in the Paterson Province of Western Australia. The Company's subsidiaries include Encounter Operations Pty Ltd, Hamelin Resources Pty Ltd and Encounter Yeneena Pty Ltd.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Gold Copper Mineral Exploration Zinc Uranium Wood Law Manganese Mining In Western Australia E45 Tyre

Is ENR 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 0.92
52 Week Low 0.225
Average Volume 740,487
200-Day Moving Average 0.409
50-Day Moving Average 0.382
20-Day Moving Average 0.354
10-Day Moving Average 0.352
Average True Range 0.027
RSI (14) 59.84
ADX 11.55
+DI 43.069
-DI 10.417
Chandelier Exit (Long, 3 ATRs) 0.382
Chandelier Exit (Short, 3 ATRs) 0.405
Upper Bollinger Bands 0.387
Lower Bollinger Band 0.322
Percent B (%b) 1.2
BandWidth 18.341
MACD Line -0.005
MACD Signal Line -0.011
MACD Histogram 0.0056
Fundamentals Value
Market Cap 125.59 Million
Num Shares 314 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio -100.00
Price-to-Sales 0.00
Price-to-Book 3.27
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.516
Resistance 3 (R3) 0.523 0.493 0.496
Resistance 2 (R2) 0.493 0.463 0.489 0.490
Resistance 1 (R1) 0.446 0.445 0.439 0.439 0.483
Pivot Point 0.416 0.416 0.412 0.412 0.416
Support 1 (S1) 0.369 0.386 0.362 0.362 0.317
Support 2 (S2) 0.339 0.368 0.335 0.310
Support 3 (S3) 0.292 0.339 0.304
Support 4 (S4) 0.285