Technical Analysis for MMI - Metro Mining Ltd  

Grade Last Price % Change Price Change
A 0.051 -5.56% -0.003
MMI closed down 5.56 percent on Tuesday, July 2, 2024, on 71 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.
4 Watchers
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
Jack-in-the-Box Bullish Bullish Swing Setup 0.00%
Stochastic Reached Overbought Strength 0.00%
Inside Day Range Contraction 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
20 DMA Support Bullish -5.56%
MACD Bullish Signal Line Cross Bullish -5.56%
New 52 Week Closing High Bullish -5.56%
Expansion Breakout Bullish Swing Setup -5.56%
Pocket Pivot Bullish Swing Setup -5.56%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 18 hours ago
Down 1 ATR about 21 hours ago
Down 5% about 21 hours ago
Down 3% about 21 hours ago
Down 2% about 21 hours ago

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Profile

Metro Mining Ltd   Description

Metro Mining Limited is an exploration and mining company. The Company is engaged in exploration of coal and bauxite. The Company is focused on the Bauxite Hills Project, which is located approximately 95 Kilometers north of Weipa on Western Cape York, where the Company controls approximately 1,300 square kilometers of exploration tenements. It also has approximately 4.5 billion tone thermal coal resource in Queensland's Surat Basin. The Company is also engaged in projects, including Columboola Project and Bundi Project. The Company's Mahar San project is located in the Sagaing region of northern Myanmar, approximately 220 kilometers northwest of Mandalay. The project consists of over four concessions, including approximately three small mining concessions for copper of 16 to 20 hectares, and copper exploration concessions covering approximately 7.5 square kilometers.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Copper Coal Bauxite Surat Basin Gulf Of Carpentaria Weipa

Is MMI 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 0.055
52 Week Low 0.017
Average Volume 16,346,336
200-Day Moving Average 0.029
50-Day Moving Average 0.045
20-Day Moving Average 0.047
10-Day Moving Average 0.048
Average True Range 0.003
RSI (14) 56.33
ADX 32.16
+DI 35.351
-DI 9.201
Chandelier Exit (Long, 3 ATRs) 0.046
Chandelier Exit (Short, 3 ATRs) 0.051
Upper Bollinger Bands 0.052
Lower Bollinger Band 0.042
Percent B (%b) 0.88
BandWidth 22.128
MACD Line 0.002
MACD Signal Line 0.001
MACD Histogram 0.0005
Fundamentals Value
Market Cap 70.9 Million
Num Shares 1.39 Billion
EPS 0.01
Price-to-Earnings (P/E) Ratio 10.20
Price-to-Sales 0.41
Price-to-Book 0.70
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.056
Resistance 3 (R3) 0.056 0.055 0.055
Resistance 2 (R2) 0.055 0.054 0.055 0.054
Resistance 1 (R1) 0.053 0.053 0.053 0.053 0.054
Pivot Point 0.052 0.052 0.052 0.052 0.052
Support 1 (S1) 0.050 0.051 0.050 0.050 0.048
Support 2 (S2) 0.049 0.050 0.049 0.048
Support 3 (S3) 0.047 0.049 0.047
Support 4 (S4) 0.047