Technical Analysis for ARG - Argos Resources Limited

Grade Last Price % Change Price Change
B 1.33 5.16% 0.07
ARG closed up 9.57 percent on Thursday, March 23, 2023, on 13 percent of normal volume.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
MACD Bullish Centerline Cross Bullish 5.16%
Narrow Range Bar Range Contraction 5.16%
Inside Day Range Contraction 5.16%
20 DMA Support Bullish 15.22%
50 DMA Support Bullish 15.22%
Doji - Bearish? Reversal 15.22%
Upper Bollinger Band Touch Strength 15.22%
20 DMA Support Bullish 15.22%
50 DMA Support Bullish 15.22%
Doji - Bullish? Reversal 15.22%

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Alert Time
Reversed from Down about 2 hours ago
Possible NR7 about 2 hours ago
Fell Below 50 DMA about 4 hours ago
Fell Below 20 DMA about 4 hours ago
Fell Below 10 DMA about 4 hours ago

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Profile

Argos Resources Ltd is a United Kingdom-based oil and gas exploration company. The Company is engaged in oil and gas exploration around the Falkland Islands. The Company's principal asset was its 100% interest in License PL001, which covered approximately 1,126 square kilometers in the North Falkland Basin. The Company has a farm-out agreement with Noble Energy Falklands Limited and Edison International S.p.A in respect of its interest in License PL001. The Company holds a royalty interest of 5% of gross revenues from all hydrocarbon discoveries developed within the License PL001.
Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Energy Oil Gas Oil And Gas Revenue Gas Exploration Petroleum Carbon Oil And Gas Exploration Farm Petroleum Industry Hydrocarbon Exploration Falkland Falkland Islands Economy Of The Falkland Islands Desire Petroleum

Is ARG 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 4.5
52 Week Low 0.657
Average Volume 132,125
200-Day Moving Average 1.64
50-Day Moving Average 1.14
20-Day Moving Average 1.12
10-Day Moving Average 1.16
Average True Range 0.36
RSI 56.52
ADX 18.72
+DI 8.07
-DI 7.33
Chandelier Exit (Long, 3 ATRs) 0.37
Chandelier Exit (Short, 3 ATRs) 1.94
Upper Bollinger Bands 1.27
Lower Bollinger Band 0.98
Percent B (%b) 0.95
BandWidth 26.60
MACD Line 0.01
MACD Signal Line -0.01
MACD Histogram 0.0139
Fundamentals Value
Market Cap 2.78 Million
Num Shares 221 Million
EPS 0.10
Price-to-Earnings (P/E) Ratio 12.60
Price-to-Sales 0.00
Price-to-Book 0.18
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.40
Resistance 3 (R3) 1.38 1.32 1.37
Resistance 2 (R2) 1.32 1.29 1.33 1.36
Resistance 1 (R1) 1.29 1.26 1.31 1.31 1.36
Pivot Point 1.23 1.23 1.24 1.24 1.23
Support 1 (S1) 1.20 1.20 1.22 1.22 1.16
Support 2 (S2) 1.14 1.17 1.15 1.16
Support 3 (S3) 1.11 1.14 1.15
Support 4 (S4) 1.13