Technical Analysis for MKA - Mkango Resources Ltd
| Grade | Last Price | % Change | Price Change |
|---|---|---|---|
| C | 7.06 | -0.56% | -0.04 |
MKA closed unchanged on Thursday, April 25, 2024, on 9 percent of normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| Shooting Star Candlestick | Bearish | -0.56% | |
| Lizard Bearish | Bearish Day Trade Setup | -0.56% | |
| NR7 | Range Contraction | -0.56% | |
| Doji - Bearish? | Reversal | -0.56% | |
| Upper Bollinger Band Touch | Strength | -0.56% | |
| Crossed Above 20 DMA | Bullish | -0.56% | |
| MACD Bullish Centerline Cross | Bullish | -0.56% | |
| MACD Bullish Signal Line Cross | Bullish | -0.56% | |
| Gapped Up | Strength | -0.56% | |
| Upper Bollinger Band Touch | Strength | -0.56% |
| Alert | Time |
|---|---|
| Lizard Bearish Entry | 18 minutes ago |
| Shooting Star Candlestick Entry | 18 minutes ago |
| Fell Below Previous Day's Low | 18 minutes ago |
| Possible NR7 | about 20 hours ago |
| Rose Above Previous Day's High | about 21 hours ago |
Get a Trading Assistant
Let us help you stay on top of your investments. We will alert you to important technical developments on your
portfolio & watchlist.
Mkango Resources Ltd., through its subsidiary, Lancaster Exploration Limited, explores for and develops rare earth elements and associated minerals in the Republic of Malawi, Africa. It explores for uranium, niobium, tantalum, zircon, nickel, cobalt, and gold ores. The company's principal project is the Songwe Hill property within the Phalombe exploration license, which covers an area of 849.1 square kilometers located in southeast Malawi. It also holds 100% interests in the Thambani, Chimimbe Hill, and Mchinji licenses. Mkango Resources Ltd. is based in Vancouver, Canada.
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Keywords: Chemistry Physical Sciences Gold Mineral Chemical Elements Minerals Economic Geology Nickel Law Cobalt Transition Metals Earth Uranium Rare Earth Element Tantalum Niobium Vancouver Zircon Child Labour Refractory Metals
Classification
Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Keywords: Chemistry Physical Sciences Gold Mineral Chemical Elements Minerals Economic Geology Nickel Law Cobalt Transition Metals Earth Uranium Rare Earth Element Tantalum Niobium Vancouver Zircon Child Labour Refractory Metals
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 13.17 |
| 52 Week Low | 5.175 |
| Average Volume | 744,692 |
| 200-Day Moving Average | 8.90 |
| 50-Day Moving Average | 6.43 |
| 20-Day Moving Average | 6.65 |
| 10-Day Moving Average | 6.62 |
| Average True Range | 0.62 |
| RSI (14) | 57.98 |
| ADX | 12.0 |
| +DI | 18.31 |
| -DI | 14.78 |
| Chandelier Exit (Long, 3 ATRs) | 5.60 |
| Chandelier Exit (Short, 3 ATRs) | 7.44 |
| Upper Bollinger Bands | 7.27 |
| Lower Bollinger Band | 6.02 |
| Percent B (%b) | 0.86 |
| BandWidth | 18.87 |
| MACD Line | 0.04 |
| MACD Signal Line | 0.01 |
| MACD Histogram | 0.0363 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 7.61 | ||||
| Resistance 3 (R3) | 7.67 | 7.55 | 7.53 | ||
| Resistance 2 (R2) | 7.55 | 7.42 | 7.53 | 7.50 | |
| Resistance 1 (R1) | 7.33 | 7.34 | 7.27 | 7.27 | 7.47 |
| Pivot Point | 7.21 | 7.21 | 7.19 | 7.19 | 7.21 |
| Support 1 (S1) | 6.99 | 7.08 | 6.93 | 6.93 | 6.73 |
| Support 2 (S2) | 6.87 | 7.00 | 6.85 | 6.70 | |
| Support 3 (S3) | 6.65 | 6.87 | 6.68 | ||
| Support 4 (S4) | 6.59 |
