Technical Analysis for MAG - Magmatic Resources Ltd  

Grade Last Price % Change Price Change
C 0.052 0.00% 0.000
MAG closed unchanged on Wednesday, January 22, 2025, on 25 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Down

Date Alert Name Type % Chg
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Calm After Storm Range Contraction -3.70%
Wide Bands Range Expansion -3.70%
Gapped Down Weakness -3.70%
180 Bullish Setup Bullish Swing Setup -7.14%
Pocket Pivot Bullish Swing Setup -7.14%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 11 hours ago
Possible NR7 about 11 hours ago
10 DMA Support 1 day ago
Fell Below Previous Day's Low 1 day ago
Down 5% 1 day ago

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Profile

Magmatic Resources Ltd   Description

Magmatic Resources Limited is an Australia-based copper and gold exploration company, with interests in other base metals. The Company's subsidiary holds interest in various projects, such as Myall Project, Wellington North Project, Parkes Project and Moorefield Project. The Myall Project consists of one granted exploration license being, exploration license (EL) 6913 and covers approximately 240 square/kilometers. The Myall project covers volcano intrusive complexes in the East Lachlan. The Parkes Project consists of two granted exploration licenses, being EL7424 and EL7676 and covers approximately 160 square/kilometer. The Wellington North Project consists of three granted exploration licenses, being EL6178, EL7440 and EL8357, covering approximately 180 square/kilometer. The Moorefield Project consists of one granted exploration license, being EL7675, covering approximately 290 square/kilometer.


Classification

Sector: Basic Materials
Industry: Gold
Keywords: Exploration Gold Metal Copper Metals Base Metal Lachlan

Is MAG a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

Indicators

Indicator Value
52 Week High 0.125
52 Week Low 0.025
Average Volume 444,017
200-Day Moving Average 0.064
50-Day Moving Average 0.041
20-Day Moving Average 0.045
10-Day Moving Average 0.053
Average True Range 0.003
RSI (14) 65.40
ADX 45.41
+DI 42.889
-DI 16.253
Chandelier Exit (Long, 3 ATRs) 0.054
Chandelier Exit (Short, 3 ATRs) 0.038
Upper Bollinger Bands 0.065
Lower Bollinger Band 0.025
Percent B (%b) 0.68
BandWidth 89.933
MACD Line 0.005
MACD Signal Line 0.004
MACD Histogram 0.0009
Fundamentals Value
Market Cap 21.69 Million
Num Shares 417 Million
EPS -0.01
Price-to-Earnings (P/E) Ratio -5.20
Price-to-Sales 260.16
Price-to-Book 2.51
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.052
Resistance 3 (R3) 0.052 0.052 0.052
Resistance 2 (R2) 0.052 0.052 0.052 0.052
Resistance 1 (R1) 0.052 0.052 0.052 0.052 0.052
Pivot Point 0.052 0.052 0.052 0.052 0.052
Support 1 (S1) 0.052 0.052 0.052 0.052 0.052
Support 2 (S2) 0.052 0.052 0.052 0.052
Support 3 (S3) 0.052 0.052 0.052
Support 4 (S4) 0.052