Technical Analysis for MDI - Middle Island Resources Ltd  

Grade Last Price % Change Price Change
C 0.018 0.00% 0.000
MDI closed down 5.26 percent on Monday, April 15, 2024, on 33 percent of normal volume. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up

Date Alert Name Type % Chg
Wide Range Bar Range Expansion 0.00%
Upper Bollinger Band Walk Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Expansion Breakout Bullish Swing Setup -5.26%
Reversal New Highs Setup Bullish Swing Setup -5.26%
Wide Range Bar Range Expansion -5.26%
BB Squeeze Ended Range Expansion -5.26%
Above Upper BB Strength -5.26%

   Recent Intraday Alerts

Alert Time
Down 10% 1 day ago
Gap Up Closed 1 day ago
Reversed from Up 1 day ago
Down 2 ATRs 1 day ago
Down 1 ATR 1 day ago

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Profile

Middle Island Resources Ltd   Description

Middle Island Resources Limited is a gold exploration and development company focused on Australia and West Africa. The Company is engaged in carrying out exploration on its tenements, reviewing numerous and pursued various possible project acquisition opportunities (completing contracts to secure one-Sandstone gold project in West Africa) and applying for or acquired additional tenements with the primary objective of identifying economic gold deposits. It has rights to over two projects consisting of approximately seven granted exploration permits, covering an area of over 1,002.39 square kilometers located in Burkina Faso in West Africa and approximately two mining leases in Western Australia. The Reo Project is located in Burkina Faso, approximately 150 kilometers by road west of the capital Ouagadougou. The Sandstone Project and processing facility is situated over 12 kilometers south of the township of Sandstone, approximately 600 kilometers northeast of Perth.


Classification

Sector: Basic Materials
Industry: Gold
Keywords: Exploration Mining Gold Sandstone French West Africa

Is MDI 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 0.07
52 Week Low 0.013
Average Volume 551,050
200-Day Moving Average 0.025
50-Day Moving Average 0.016
20-Day Moving Average 0.016
10-Day Moving Average 0.017
Average True Range 0.001
RSI (14) 50.74
ADX 30.12
+DI 40.132
-DI 13.158
Chandelier Exit (Long, 3 ATRs) 0.017
Chandelier Exit (Short, 3 ATRs) 0.017
Upper Bollinger Bands 0.018
Lower Bollinger Band 0.014
Percent B (%b) 0.9
BandWidth 25.767
MACD Line 0.001
MACD Signal Line 0.000
MACD Histogram 0.0004
Fundamentals Value
Market Cap 50.19 Million
Num Shares 2.79 Billion
EPS 0.00
Price-to-Earnings (P/E) Ratio -6.00
Price-to-Sales 1212.28
Price-to-Book 5.47
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.023
Resistance 3 (R3) 0.023 0.021 0.022
Resistance 2 (R2) 0.021 0.020 0.021 0.021
Resistance 1 (R1) 0.020 0.019 0.019 0.020 0.021
Pivot Point 0.018 0.018 0.018 0.018 0.018
Support 1 (S1) 0.017 0.017 0.016 0.017 0.015
Support 2 (S2) 0.015 0.016 0.015 0.015
Support 3 (S3) 0.014 0.015 0.014
Support 4 (S4) 0.014