Technical Analysis for GRR - Grange Resources Limited
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Up | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Bullish Engulfing | Bullish | 0.00% | |
| Crossed Above 50 DMA | Bullish | 0.00% | |
| Cup with Handle | Other | 0.00% | |
| Bollinger Band Squeeze | Range Contraction | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| Fell Below 20 DMA | Bearish | 1.18% | |
| Fell Below 50 DMA | Bearish | 1.18% | |
| Bollinger Band Squeeze | Range Contraction | 1.18% | |
| Gapped Down | Weakness | 1.18% | |
| Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | -2.27% |
| Alert | Time |
|---|---|
| Possible Inside Day | about 20 hours ago |
| 50 DMA Resistance | about 21 hours ago |
| Up 2% | about 23 hours ago |
| Rose Above 50 DMA | about 23 hours ago |
| Up 1% | about 23 hours ago |
Free Daily (Stock) Chart Reading
Grange Resources Limited Description
Grange Resources Limited is an Australia-based company, which owns and operates iron ore mining and pellet production business located in the northwest region of Tasmania. The Company operates through the segment of exploration, evaluation and development of mineral resources and iron ore mining operations. The principal activities of the Company include the mining, processing and sale of iron ore, and the ongoing exploration, evaluation and development of mineral resources particularly, the Southdown Magnetite and associated Pellet Plant Projects. The Southdown Magnetite deposit is located approximately 90 kilometers (km) northeast of Albany on the South coast of Western Australia. Southdown Magnetite and Associated Pellet Project(s) is a joint venture between Grange Resources Limited and SRT Australia Pty Ltd. The joint venture proposes to mine and exports iron ore pellets and concentrates. Its Savage River magnetite iron ore mine is 100 km southwest of the city of Burnie.
Classification
Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Minerals Iron Iron Ore Magnetite Imx Resources Centrex Metals Ltd Iron Ore Mining Spinel Group
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 0.6032 |
| 52 Week Low | 0.3638 |
| Average Volume | 1,976,919 |
| 200-Day Moving Average | 0.445 |
| 50-Day Moving Average | 0.427 |
| 20-Day Moving Average | 0.436 |
| 10-Day Moving Average | 0.439 |
| Average True Range | 0.016 |
| RSI (14) | 48.19 |
| ADX | 14.15 |
| +DI | 14.528 |
| -DI | 23.923 |
| Chandelier Exit (Long, 3 ATRs) | 0.418 |
| Chandelier Exit (Short, 3 ATRs) | 0.457 |
| Upper Bollinger Bands | 0.458 |
| Lower Bollinger Band | 0.414 |
| Percent B (%b) | 0.36 |
| BandWidth | 10.092 |
| MACD Line | 0.002 |
| MACD Signal Line | 0.004 |
| MACD Histogram | -0.0017 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 0.445 | ||||
| Resistance 3 (R3) | 0.445 | 0.440 | 0.443 | ||
| Resistance 2 (R2) | 0.440 | 0.436 | 0.440 | 0.442 | |
| Resistance 1 (R1) | 0.435 | 0.434 | 0.438 | 0.435 | 0.441 |
| Pivot Point | 0.430 | 0.430 | 0.431 | 0.430 | 0.430 |
| Support 1 (S1) | 0.425 | 0.426 | 0.428 | 0.425 | 0.419 |
| Support 2 (S2) | 0.420 | 0.424 | 0.420 | 0.418 | |
| Support 3 (S3) | 0.415 | 0.420 | 0.418 | ||
| Support 4 (S4) | 0.415 |
