Technical Analysis for MM1 - Midas Minerals Limited

Grade Last Price % Change Price Change
C 0.075 -10.71% -0.009
MM1 closed unchanged on Friday, November 15, 2024, on 9 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
Strong Down Down Down

Date Alert Name Type % Chg
1,2,3 Pullback Bullish Bullish Swing Setup -10.71%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup -10.71%
Narrow Range Bar Range Contraction -10.71%
Stochastic Reached Oversold Weakness -10.71%
Oversold Stochastic Weakness -10.71%
Calm After Storm Range Contraction -10.71%
Narrow Range Bar Range Contraction -10.71%
Wide Bands Range Expansion -10.71%
Down 3 Days in a Row Weakness -10.71%
Gapped Down Weakness -10.71%

   Recent Intraday Alerts

Alert Time
Down 10% about 3 hours ago
Gapped Down (Full) about 3 hours ago
Down 1 ATR about 3 hours ago
Fell Below Previous Day's Low about 3 hours ago
Down 5% about 3 hours ago

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Profile

Midas Minerals Limited Description

Midas Minerals Limited operates as a mineral exploration company. The company focuses on the discovery of gold, platinum group elements, nickel, copper, and other base metal mineral assets in the Eastern Goldfields and Murchison regions of Western Australia. Its projects include the Weebo gold project that consists of 9 granted exploration licences, 2 exploration licence applications, and one granted prospecting licence covering 198 square kilometers located near Leinster, Western Australia; the Challa project, which consists of 2 granted exploration licences covering 420 square kilometers and 3 exploration licence applications covering 439 square kilometers located to the east of Mt Magnet in Western Australia; and the Sunset project that includes a single prospecting licence covering 1.2 square kilometers located to the north-east of Leonora. The company was formerly known as Cowan Lithium Limited. Midas Minerals Limited was incorporated in 2018 is based in West Perth, Australia.


Classification

Sector: Basic Materials
Industry: Other Precious Metals & Mining
Keywords: Goldfields Esperance Prospecting Weebo Station

Is MM1 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 0.46
52 Week Low 0.056
Average Volume 143,332
200-Day Moving Average 0.099
50-Day Moving Average 0.080
20-Day Moving Average 0.090
10-Day Moving Average 0.093
Average True Range 0.008
RSI (14) 44.13
ADX 37.97
+DI 44.233
-DI 21.926
Chandelier Exit (Long, 3 ATRs) 0.102
Chandelier Exit (Short, 3 ATRs) 0.102
Upper Bollinger Bands 0.103
Lower Bollinger Band 0.077
Percent B (%b) 0.27
BandWidth 29.523
MACD Line 0.002
MACD Signal Line 0.004
MACD Histogram -0.0014
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.084
Resistance 3 (R3) 0.084 0.084 0.084
Resistance 2 (R2) 0.084 0.084 0.084 0.084
Resistance 1 (R1) 0.084 0.084 0.084 0.084 0.084
Pivot Point 0.084 0.084 0.084 0.084 0.084
Support 1 (S1) 0.084 0.084 0.084 0.084 0.084
Support 2 (S2) 0.084 0.084 0.084 0.084
Support 3 (S3) 0.084 0.084 0.084
Support 4 (S4) 0.084