Technical Analysis for GEM - Gemfields Plc

Grade Last Price % Change Price Change
F 12.00 -4.00% -0.50
GEM closed down 4.0 percent on Thursday, March 28, 2024, on 26 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
MACD Bearish Centerline Cross Bearish 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Gapped Down Weakness -4.00%
Lower Bollinger Band Touch Weakness -4.00%
20 DMA Resistance Bearish -4.00%
Fell Below 50 DMA Bearish -4.00%
Doji - Bullish? Reversal -4.00%
Outside Day Range Expansion -4.00%

   Recent Intraday Alerts

Alert Time
Fell Below Previous Day's Low 1 day ago
Down 5% 1 day ago
Down 3% 1 day ago
Down 2% 1 day ago
Down 1% 1 day ago

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Profile

Gemfields Plc Description

Gemfields plc engages in the mining, exploration, and processing of gemstones in Zambia. It operates through five segments: Zambia, Mozambique, UK, Fabergé, and Other. The company explores for emerald, beryl, ruby, and corundum deposits, as well as supplies colored gemstones. It holds a 75% interest in the Kagem emerald mine covering an area of approximately 41 square Kilometers in Zambia; and the Montepuez ruby mine covering an area of approximately 350 square kilometers in Mozambique. The company also holds a 50% interest in the Kariba amethyst mine in Zambia. In addition, it is involved in the sale of cut and polished gemstones; provision of marketing, technical, and administrative services; wholesale, retail, and promotion of the Fabergé collection of jewelry and watches; and gemstone trading, auction, and marketing activities. The company was founded in 2005 and is based in London, the United Kingdom.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Marketing Minerals Matter Mozambique Auction Watches Jewellery

Is GEM a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Comments

M

Magneto296 12 months ago

Price pattern looks like a coil, fast moving pattern, from old 1930's, book I read. That could suggest a price target of 37, although RSI, not really showing any positive divergence, and price range in a very narrow static range. Maybe wait for the Bollinger bands to show some expansion.

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Indicators

Indicator Value
52 Week High 20.239
52 Week Low 11.6
Average Volume 460,337
200-Day Moving Average 13.79
50-Day Moving Average 12.59
20-Day Moving Average 12.83
10-Day Moving Average 12.83
Average True Range 0.55
RSI (14) 28.57
ADX 21.3
+DI 9.62
-DI 24.66
Chandelier Exit (Long, 3 ATRs) 11.85
Chandelier Exit (Short, 3 ATRs) 13.32
Upper Bollinger Bands 13.48
Lower Bollinger Band 12.18
Percent B (%b) -0.14
BandWidth 10.10
MACD Line -0.04
MACD Signal Line 0.07
MACD Histogram -0.1065
Fundamentals Value
Market Cap 140.29 Million
Num Shares 1.17 Billion
EPS 0.01
Price-to-Earnings (P/E) Ratio 1200.00
Price-to-Sales 0.48
Price-to-Book 0.39
PEG Ratio 0.00
Dividend 0.03
Dividend Yield 0.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 12.86
Resistance 3 (R3) 12.84 12.54 12.71
Resistance 2 (R2) 12.54 12.32 12.55 12.66
Resistance 1 (R1) 12.27 12.19 12.12 12.29 12.62
Pivot Point 11.97 11.97 11.90 11.98 11.97
Support 1 (S1) 11.70 11.75 11.55 11.72 11.38
Support 2 (S2) 11.40 11.62 11.41 11.34
Support 3 (S3) 11.13 11.40 11.29
Support 4 (S4) 11.15