Technical Analysis for POW - Power Metal Resources Plc

Grade Last Price % Change Price Change
grade F 0.375 0.00% 0.00
POW closed unchanged on Friday, December 6, 2019, on approximately normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent Signals

ADX Long-Term Intermediate-Term Short-Term
Weak or Absent N/A Down Down
See historical POW trend table...

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Calm After Storm Range Contraction 0.00%
Doji - Bullish? Reversal 0.00%
New 52 Week Low Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
Calm After Storm Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Older signals for POW ...

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Profile

Power Metal Resources PLC, formerly African Battery Metals PLC, is a United Kingdom-based company. The Company is focused on targeting cobalt and other battery metals for the electric vehicle market. The Company holds two licenses in the DRC: Kisinka and Sakania. Kisinka is a 50 kilometer square license with 7 kilometer of strike along the Roan group of rocks, which hosts most of the DRC’s copper and cobalt mines. There are many large cobalt-copper mines in area, both on strike and in the same rock structure, to the west. The Sakania license is a licensed area totaling 140 kilometer square (sq km). It also holds four licenses in Cameroon which contains undeveloped cobalt reserves and has acquired 70 percent of rights in Regent Resources Interests Corp (RRIC) of 380 sq km Lizetta II Cobalt chrome and nickel project in Cote D’lvoire.
Chemistry Physical Sciences Natural Sciences Cobalt Extractive Industries Transparency Initiative

Is POW 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 0.6
52 Week Low 0.351
Average Volume 1,371,298
200-Day Moving Average 0.00
50-Day Moving Average 0.43
20-Day Moving Average 0.40
10-Day Moving Average 0.39
Average True Range 0.04
ADX 10.22
+DI 20.67
-DI 18.72
Chandelier Exit (Long, 3 ATRs ) 0.37
Chandelier Exit (Short, 3 ATRs ) 0.48
Upper Bollinger Band 0.43
Lower Bollinger Band 0.36
Percent B (%b) 0.17
BandWidth 16.50
MACD Line -0.02
MACD Signal Line -0.02
MACD Histogram -0.001
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.41
Resistance 3 (R3) 0.41 0.39 0.41
Resistance 2 (R2) 0.39 0.38 0.39 0.40
Resistance 1 (R1) 0.38 0.38 0.39 0.39 0.40
Pivot Point 0.37 0.37 0.37 0.37 0.37
Support 1 (S1) 0.36 0.36 0.36 0.36 0.35
Support 2 (S2) 0.34 0.35 0.35 0.35
Support 3 (S3) 0.34 0.34 0.35
Support 4 (S4) 0.34