Technical Analysis for RCR - Rincon Resources Limited

Grade Last Price % Change Price Change
A 0.095 -34.48% -0.050
RCR closed up 52.63 percent on Friday, May 3, 2024, on 4.33 times normal volume. The bulls were able to push the stock to a new 52-week high. 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
Very Strong Up Up Up

Date Alert Name Type % Chg
New 52 Week Closing High Bullish -34.48%
180 Bullish Setup Bullish Swing Setup -34.48%
Expansion Breakout Bullish Swing Setup -34.48%
Pocket Pivot Bullish Swing Setup -34.48%
Volume Surge Other -34.48%
Wide Range Bar Range Expansion -34.48%
New 52 Week High Strength -34.48%
Parabolic Rise Strength -34.48%
Stochastic Reached Overbought Strength -34.48%
Upper Bollinger Band Walk Strength -34.48%

   Recent Intraday Alerts

Alert Time
Gap Down Partially Closed about 2 hours ago
Fell Below Previous Day's Low about 2 hours ago
Down 10% about 3 hours ago
Gapped Down (Partial) about 3 hours ago
Down 2 ATRs about 3 hours ago

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Profile

Rincon Resources Limited operates as a gold and base metals exploration company. It has interests in copper and gold projects in Western Australia. The company holds 100% interests in the South Telfer project that consists of six exploration licenses and two prospecting licenses covering approximately 540 square kilometers located to the northeast-northeast of Perth; and the Kiwirrkurra project, which includes one exploration license covering approximately 126 square kilometers located to the northeast of Perth. It also holds a 51% interest in the Laverton project that consists of two exploration licenses covering approximately 42square kilometers located to the west of the Laverton township. The company was incorporated in 2018 and is based in Subiaco, Australia.
Classification

Sector: Basic Materials
Industry: Other Precious Metals & Mining
Keywords: Mining Gold Copper Goldfields Esperance Laverton

Is RCR 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 0.16
52 Week Low 0.023
Average Volume 9,157,772
200-Day Moving Average 0.040
50-Day Moving Average 0.039
20-Day Moving Average 0.050
10-Day Moving Average 0.070
Average True Range 0.015
RSI (14) 87.82
ADX 51.62
+DI 64.178
-DI 2.230
Chandelier Exit (Long, 3 ATRs) 0.116
Chandelier Exit (Short, 3 ATRs) 0.068
Upper Bollinger Bands 0.115
Lower Bollinger Band -0.016
Percent B (%b) 1.23
BandWidth 262.777
MACD Line 0.020
MACD Signal Line 0.010
MACD Histogram 0.0104
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.238
Resistance 3 (R3) 0.233 0.196 0.223
Resistance 2 (R2) 0.196 0.173 0.199 0.217
Resistance 1 (R1) 0.171 0.158 0.184 0.176 0.212
Pivot Point 0.134 0.134 0.141 0.137 0.134
Support 1 (S1) 0.109 0.111 0.122 0.114 0.078
Support 2 (S2) 0.072 0.096 0.075 0.073
Support 3 (S3) 0.047 0.072 0.068
Support 4 (S4) 0.052