Technical Analysis for MAY - Melbana Fpo  

Grade Last Price % Change Price Change
F 0.058 0.00% 0.000
MAY closed unchanged on Tuesday, April 23, 2024, on 50 percent of normal volume. 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
Narrow Range Bar Range Contraction 0.00%
BB Squeeze Ended Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Outside Day Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Stochastic Buy Signal Bullish -1.69%

   Recent Intraday Alerts

Alert Time
Gap Up Closed 2 minutes ago
Reversed from Up 2 minutes ago
10 DMA Resistance 2 minutes ago
Gapped Up (Full) 32 minutes ago
Rose Above Previous Day's High 32 minutes ago

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Profile

Melbana Fpo   Description

Melbana Energy Limited, formerly MEO Australia Limited, is an independent oil and gas company. The Company has a portfolio of exploration, appraisal and development-stage opportunities in Cuba, New Zealand, Ashmore Cartier and Bonaparte Gulf regions in Australia. Its projects include Cuba Block 9 Production Sharing Contract (Block 9 PSC), PEP51153 permit, WA-488-P, Tassie Shoal Methanol Project and AC/P51 exploration permit. The Block 9 PSC covers approximately 2,380 square kilometers onshore on the north coast of Cuba. The PEP51153 permit covers an area of approximately 85 square kilometers (over 21,000 acres). WA-488-P is located in the Petrel Sub-basin between the producing Blacktip gas field and the undeveloped Turtle and Barnett oil discoveries, and has an area of approximately 4,074 square kilometers. The AC/P51 exploration permit is located offshore north-west Australia in the Vulcan Sub-basin. The permit has an area of approximately 583 square kilometers.


Classification

Sector: Basic Materials
Industry: Independent Oil & Gas
Keywords: Exploration Energy Gas Oil Oil And Gas Gas Field Oil Discoveries Vulcan

Is MAY 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 0.12
52 Week Low 0.057
Average Volume 2,430,857
200-Day Moving Average 0.071
50-Day Moving Average 0.060
20-Day Moving Average 0.060
10-Day Moving Average 0.059
Average True Range 0.002
RSI (14) 50.00
ADX 12.85
+DI 20.661
-DI 19.008
Chandelier Exit (Long, 3 ATRs) 0.057
Chandelier Exit (Short, 3 ATRs) 0.063
Upper Bollinger Bands 0.063
Lower Bollinger Band 0.057
Percent B (%b) 0.13
BandWidth 9.318
MACD Line -0.001
MACD Signal Line 0.000
MACD Histogram -0.0001
Fundamentals Value
Market Cap 134.38 Million
Num Shares 2.32 Billion
EPS 0.00
Price-to-Earnings (P/E) Ratio -38.67
Price-to-Sales 0.00
Price-to-Book 3.40
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.058
Resistance 3 (R3) 0.058 0.058 0.058
Resistance 2 (R2) 0.058 0.058 0.058 0.058
Resistance 1 (R1) 0.058 0.058 0.058 0.058 0.058
Pivot Point 0.058 0.058 0.058 0.058 0.058
Support 1 (S1) 0.058 0.058 0.058 0.058 0.058
Support 2 (S2) 0.058 0.058 0.058 0.058
Support 3 (S3) 0.058 0.058 0.058
Support 4 (S4) 0.058