Technical Analysis for MGX - Mount Gibson Iron Limited

Grade Last Price % Change Price Change
D 0.460 1.10% 0.005
MGX closed up 1.1 percent on Friday, April 19, 2024, on 62 percent of normal volume. It ran into resistance at its 50 day moving average.
3 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Up

Date Alert Name Type % Chg
50 DMA Resistance Bearish 0.00%
Gapped Up Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
NR7 Range Contraction 1.10%
Narrow Range Bar Range Contraction 1.10%
20 DMA Support Bullish 1.10%
Gapped Up Strength 1.10%
Gapped Down Weakness 3.37%
Stochastic Sell Signal Bearish 0.00%
Overbought Stochastic Strength 0.00%

   Recent Intraday Alerts

Alert Time
50 DMA Resistance about 14 hours ago
50 DMA Support about 15 hours ago
Upper Bollinger Band Resistance about 15 hours ago
Gapped Up (Full) about 16 hours ago
Rose Above Previous Day's High about 16 hours ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Mount Gibson Iron Limited Description

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.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Minerals Chemical Elements Iron Transport Iron Ore Kimberley Transportation Sound Geraldton Yam Hematite Mine Site Buccaneer Archipelago Iron Ore Product Yampi Sound

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 0.57
52 Week Low 0.375
Average Volume 1,164,836
200-Day Moving Average 0.482
50-Day Moving Average 0.464
20-Day Moving Average 0.443
10-Day Moving Average 0.453
Average True Range 0.015
RSI (14) 53.05
ADX 16.99
+DI 22.920
-DI 14.798
Chandelier Exit (Long, 3 ATRs) 0.427
Chandelier Exit (Short, 3 ATRs) 0.464
Upper Bollinger Bands 0.469
Lower Bollinger Band 0.416
Percent B (%b) 0.83
BandWidth 11.924
MACD Line 0.000
MACD Signal Line -0.004
MACD Histogram 0.0038
Fundamentals Value
Market Cap 545.52 Million
Num Shares 1.19 Billion
EPS 0.07
Price-to-Earnings (P/E) Ratio 6.30
Price-to-Sales 1.89
Price-to-Book 1.33
PEG Ratio 0.00
Dividend 0.03
Dividend Yield 6.52%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.475
Resistance 3 (R3) 0.477 0.473 0.473
Resistance 2 (R2) 0.473 0.470 0.473 0.472
Resistance 1 (R1) 0.467 0.467 0.465 0.465 0.471
Pivot Point 0.463 0.463 0.463 0.463 0.463
Support 1 (S1) 0.457 0.460 0.455 0.455 0.449
Support 2 (S2) 0.453 0.457 0.453 0.448
Support 3 (S3) 0.447 0.453 0.448
Support 4 (S4) 0.445