Technical Analysis for HRR - Heron Resources Ltd

Grade Last Price % Change Price Change
grade D 0.38 -1.30% -0.005
HRR closed down 1.3 percent on Thursday, August 15, 2019, on 1.69 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. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical HRR trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Wide Range Bar Range Expansion 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Down 3 Days in a Row Weakness 0.00%
Down 4 Days in a Row Weakness 0.00%
Down 5 Days in a Row Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%

Older signals for HRR ...

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Profile
Heron Resources Limited is engaged in the base and precious metal mineral exploration and development in Australia through sole funded and joint venture activities. The Company's segments include Woodlawn, which consists of tenements related to the Woodlawn Underground Project (WUP), Woodlawn Retreatment Project (WRP) and Woodlawn Exploration Project (WEP); Lewis Ponds, which includes tenements relating to the Lewis Ponds Project; KNP, which includes tenements related to the Kalgoorlie Nickel Project Exploration, and Corporate, which includes corporate activity. It focuses on the development of the Woodlawn Project, which is located approximately 250 kilometers southwest of Sydney in New South Wales. The Kalgoorlie Nickel Project is located north of Kalgoorlie in Western Australia, and holds a range of other base metal and copper-gold exploration properties located in the Lachlan Fold Belt of New South Wales. Its mineral properties are at the exploration and pre-development stage.
Mining Physical Sciences Geography Of Western Australia Nickel Regions Of Western Australia Kalgoorlie Base Metal Lewis Ponds
Is HRR a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 4 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Indicators
Indicator Value
52 Week High 0.685
52 Week Low 0.325
Average Volume 63,642
200-Day Moving Average 0.5859
50-Day Moving Average 0.5188
20-Day Moving Average 0.4498
10-Day Moving Average 0.4065
Average True Range 0.022
ADX 40.61
+DI 8.5742
-DI 60.5067
Chandelier Exit (Long, 3 ATRs ) 0.4989999999999999
Chandelier Exit (Short, 3 ATRs ) 0.391
Upper Bollinger Band 0.5447
Lower Bollinger Band 0.3549
Percent B (%b) 0.13
BandWidth 42.196532
MACD Line -0.0416
MACD Signal Line -0.0368
MACD Histogram -0.0048
Fundamentals Value
Market Cap 157.73 Million
Num Shares 415 Million
EPS -0.01
Price-to-Earnings (P/E) Ratio -54.29
Price-to-Sales 0.00
Price-to-Book 0.66
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.463
Resistance 3 (R3) 0.453 0.417 0.449
Resistance 2 (R2) 0.417 0.396 0.421 0.444
Resistance 1 (R1) 0.398 0.383 0.408 0.408 0.440
Pivot Point 0.362 0.362 0.366 0.366 0.362
Support 1 (S1) 0.343 0.341 0.353 0.353 0.320
Support 2 (S2) 0.307 0.328 0.311 0.316
Support 3 (S3) 0.288 0.307 0.311
Support 4 (S4) 0.298