Technical Analysis for MGX - Mount Gibson Iron Limited

Grade Last Price % Change Price Change
grade D 0.795 -0.63% -0.005
MGX closed down 0.63 percent on Monday, February 17, 2020, on 1.18 times normal volume. 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.
Earnings due: Feb 19
*** please verify all earnings dates ***

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical MGX trend table...

Date Alert Name Type % Chg
Doji - Bullish? Reversal 0.00%
Oversold Stochastic Weakness 0.00%
180 Bearish Setup Bearish Swing Setup -0.63%
Expansion Breakdown Bearish Swing Setup -0.63%
Oversold Stochastic Weakness -0.63%
NR7 Range Contraction -5.92%
NR7-2 Range Contraction -5.92%
Oversold Stochastic Weakness -5.92%
NR7 Range Contraction -4.22%
Oversold Stochastic Weakness -4.22%

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Profile

Mount Gibson Iron Limited is a producer of iron ore products. The Company's principal activities include mining and shipment of hematite iron ore at Koolan Island in the Kimberley region of Western Australia; mining of hematite iron ore deposits at the Extension Hill mine site in the Mid-West region of Western Australia and haulage of the ore through road and rail for sale from the Geraldton Port, and exploration and development of hematite iron ore deposits at Koolan Island and in the Mid-West region of Western Australia. The Company operates through two segments: Extension Hill and Koolan Island. The Extension Hill segment includes the mining, crushing, transportation and sale of iron ore. The Extension Hill mine is located in the Mt Gibson Ranges. The Koolan Island segment includes the mining, crushing and sale of iron ore. The Company's Koolan Island hematite mining operation is located approximately 140 kilometers north of Derby in Yampi Sound, Western Australia.
Mining Economic Geology Ore Chemical Elements Minerals Academic Disciplines Transportation Iron Ore Kimberley Mine Site Hematite

Is MGX 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 1.305
52 Week Low 0.64
Average Volume 2,023,674
200-Day Moving Average 0.889
50-Day Moving Average 0.918
20-Day Moving Average 0.898
10-Day Moving Average 0.851
Average True Range 0.033
ADX 37.4
+DI 13.580
-DI 39.042
Chandelier Exit (Long, 3 ATRs ) 0.925
Chandelier Exit (Short, 3 ATRs ) 0.890
Upper Bollinger Band 1.027
Lower Bollinger Band 0.770
Percent B (%b) 0.1
BandWidth 28.619
MACD Line -0.034
MACD Signal Line -0.021
MACD Histogram -0.0129
Fundamentals Value
Market Cap 871.77 Million
Num Shares 1.1 Billion
EPS 0.02
Price-to-Earnings (P/E) Ratio 33.13
Price-to-Sales 2.25
Price-to-Book 1.11
PEG Ratio 0.00
Dividend 0.02
Dividend Yield 2.52%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.840
Resistance 3 (R3) 0.843 0.832 0.833
Resistance 2 (R2) 0.832 0.820 0.830 0.830
Resistance 1 (R1) 0.813 0.813 0.810 0.810 0.827
Pivot Point 0.802 0.802 0.800 0.800 0.802
Support 1 (S1) 0.783 0.790 0.780 0.780 0.763
Support 2 (S2) 0.772 0.783 0.770 0.760
Support 3 (S3) 0.753 0.772 0.758
Support 4 (S4) 0.750