Technical Analysis for GCM - Gcm Resources Plc
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| B | 7.20 | 5.88% | 0.40 |
GCM closed up 5.88 percent on Friday, April 19, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. 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.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Strong | Up | Up | Down |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| NR7 | Range Contraction | 0.00% | |
| Stochastic Reached Oversold | Weakness | 0.00% | |
| Inside Day | Range Contraction | 0.00% | |
| Wide Bands | Range Expansion | 0.00% | |
| Oversold Stochastic | Weakness | 0.00% | |
| Wide Bands | Range Expansion | 5.88% | |
| Down 3 Days in a Row | Weakness | 5.88% | |
| Down 4 Days in a Row | Weakness | 5.88% | |
| Down 5 Days in a Row | Weakness | 5.88% | |
| 20 DMA Resistance | Bearish | -4.00% |
| Alert | Time |
|---|---|
| Possible NR7 | about 12 hours ago |
| 2x Volume Pace | about 15 hours ago |
| 1.5x Volume Pace | about 15 hours ago |
| Up 10% | about 16 hours ago |
| Up 5% | about 16 hours ago |
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GCM Resources plc is a resource exploration and development company. The Company is engaged in the exploration and evaluation of energy related projects. The Company, through its subsidiaries, is engaged in the development of the Phulbari Coal and Power Project in Bangladesh. The Phulbari Coal project is located in the Dinajpur District of Northwest Bangladesh, approximately 350 kilometers from the capital, Dhaka. The mine footprint covers an area of approximately 5,190 hectares and is over 10 kilometers long and three kilometers wide. The Company's subsidiaries include South African Coal Limited, Asia Energy Corporation Pty Limited, Asia Energy Corporation (Bangladesh) Pty Limited, GCM Resources Singapore Pte Ltd and Asia Energy (Bangladesh) Pvt Ltd.
Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Energy Valuation Print Coal Evaluation Bang
Classification
Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Energy Valuation Print Coal Evaluation Bang
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 13.0 |
| 52 Week Low | 0.82 |
| Average Volume | 4,186,350 |
| 200-Day Moving Average | 2.87 |
| 50-Day Moving Average | 5.79 |
| 20-Day Moving Average | 8.16 |
| 10-Day Moving Average | 8.36 |
| Average True Range | 1.35 |
| RSI (14) | 48.19 |
| ADX | 43.4 |
| +DI | 26.82 |
| -DI | 18.36 |
| Chandelier Exit (Long, 3 ATRs) | 6.79 |
| Chandelier Exit (Short, 3 ATRs) | 10.41 |
| Upper Bollinger Bands | 9.90 |
| Lower Bollinger Band | 6.43 |
| Percent B (%b) | 0.22 |
| BandWidth | 42.50 |
| MACD Line | 0.41 |
| MACD Signal Line | 0.76 |
| MACD Histogram | -0.3483 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 8.40 | ||||
| Resistance 3 (R3) | 8.40 | 8.00 | 8.20 | ||
| Resistance 2 (R2) | 8.00 | 7.69 | 8.00 | 8.13 | |
| Resistance 1 (R1) | 7.60 | 7.51 | 7.80 | 7.60 | 8.07 |
| Pivot Point | 7.20 | 7.20 | 7.30 | 7.20 | 7.20 |
| Support 1 (S1) | 6.80 | 6.89 | 7.00 | 6.80 | 6.33 |
| Support 2 (S2) | 6.40 | 6.71 | 6.40 | 6.27 | |
| Support 3 (S3) | 6.00 | 6.40 | 6.20 | ||
| Support 4 (S4) | 6.00 |
