Technical Analysis for RMI - Resource Mining Corporation Limited  

Grade Last Price % Change Price Change
F 0.017 6.25% 0.001
RMI closed up 6.25 percent on Thursday, March 28, 2024, on 38 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.
1 Watcher
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish 6.25%
Volume Surge Other 6.25%
Wide Bands Range Expansion 6.25%
Gapped Up Strength 6.25%
Oversold Stochastic Weakness 6.25%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 8 hours ago
Up 5% about 8 hours ago
Up 2% about 8 hours ago
Up 1% about 8 hours ago
Up 3% about 8 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

Resource Mining Corporation Limited   Description

Resource Mining Corporation Limited is an Australia-based independent mineral resource company. The Company is engaged in mineral exploration in Papua New Guinea. It is engaged in the development of the Wowo Gap Nickel Laterite Project in southeast Papua New Guinea. The Wowo Gap Nickel Laterite Project is located approximately 200 kilometers east of the Papua New Guinea capital Port Moresby and approximately 30 kilometers from the town of Wanigela situated on Collingwood Bay. The Project hosts nickel-cobalt mineralization within the laterite profile overlying an ultramafic plateau. The Company's subsidiary, Niugini Nickel Limited, is the owner of exploration license 1165, which covers an area of over 90 square kilometers. The exploration license consists of over 30 sub blocks with an area of over 94.40 square kilometers. In addition to EL1165, it also owns an adjacent tenement, EL1980, which hosts potential extensions of the nickel bearing ultramafic unit extending from EL1165.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Exploration Mining Mineral Exploration Natural Sciences Nickel Cobalt Mineralization Wood Papua New Guinea Profile Mafic Laterite Tram Moresby Port Moresby Regolith Ultramafic Rock

Is RMI 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 0.105
52 Week Low 0.015
Average Volume 345,737
200-Day Moving Average 0.046
50-Day Moving Average 0.026
20-Day Moving Average 0.021
10-Day Moving Average 0.020
Average True Range 0.004
RSI (14) 43.82
ADX 23.4
+DI 37.317
-DI 29.560
Chandelier Exit (Long, 3 ATRs) 0.037
Chandelier Exit (Short, 3 ATRs) 0.026
Upper Bollinger Bands 0.030
Lower Bollinger Band 0.011
Percent B (%b) 0.31
BandWidth 92.233
MACD Line -0.003
MACD Signal Line -0.002
MACD Histogram -0.0003
Fundamentals Value
Market Cap 5.04 Million
Num Shares 296 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio -8.50
Price-to-Sales 0.00
Price-to-Book 0.11
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.017
Resistance 3 (R3) 0.017 0.017 0.017
Resistance 2 (R2) 0.017 0.017 0.017 0.017
Resistance 1 (R1) 0.017 0.017 0.017 0.017 0.017
Pivot Point 0.017 0.017 0.017 0.017 0.017
Support 1 (S1) 0.017 0.017 0.017 0.017 0.017
Support 2 (S2) 0.017 0.017 0.017 0.017
Support 3 (S3) 0.017 0.017 0.017
Support 4 (S4) 0.017