Technical Analysis for PREM - Premier African Minerals

Grade Last Price % Change Price Change
F 0.1852 -2.53% 0.00
PREM closed down 4.04 percent on Monday, November 29, 2021, on 17 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 stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Down Down Down
Historical PREM trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish -2.53%
Fell Below 20 DMA Bearish -2.53%
Bollinger Band Squeeze Range Contraction -2.53%
NR7 Range Contraction -2.53%
BB Squeeze Started Range Contraction -2.53%
Fell Below 50 DMA Bearish -6.46%
200 DMA Support Bullish -6.46%
20 DMA Support Bullish -6.46%
Upper Bollinger Band Walk Strength -6.46%
BB Squeeze Ended Range Expansion -6.46%
Older End-of-Day Signals for PREM ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Fell Below Previous Day's Low about 3 hours ago
Down 2% about 3 hours ago
Down 1% about 3 hours ago
Possible NR7 about 3 hours ago
Up 2% about 5 hours ago
View Earlier Intraday Alerts

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Profile

Premier African Minerals Description

Premier African Minerals Limited (Premier) and its subsidiary companies are engaged in the business of exploration, evaluation and development of mineral properties on the African continent. The Company's flagship project, RHA Tungsten is located in Zimbabwe. Premier holds claims to several of other prospective projects in Zimbabwe, which include the Zulu Lithium and Tantalum pegmatites at Fort Rixon, Tinde Fluorspar, Globe multi-element and graphite, and Rare Earth Elements at Katete. The RHA Project is located in an area of approximately 270 kilometers northwest of Bulawayo. The project consists of approximately 50 Mineral Claim Blocks, covering approximately 1,800 hectares, consisting of over 10 owned by Premier and approximately 40 which are under option. The deposit is approximately 800 meters in strike length and over 300 meters wide. Premier is developing a portfolio of exploration assets, ranging from grassroots to drilling and resource development.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Chemistry Mineral Physical Sciences Valuation Minerals Carbon Chemical Elements Economic Geology Evaluation Law Drill Earth Drilling Mineral Properties Lithium Tungsten Graphite Rare Earth Element Zimbabwe Tantalum Zulu Pegmatite

Is PREM 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 0.495
52 Week Low 0.037
Average Volume 166,432,136
200-Day Moving Average 0.19
50-Day Moving Average 0.20
20-Day Moving Average 0.19
10-Day Moving Average 0.20
Average True Range 0.02
ADX 18.45
+DI 20.48
-DI 13.28
Chandelier Exit (Long, 3 ATRs) 0.17
Chandelier Exit (Short, 3 ATRs) 0.23
Upper Bollinger Bands 0.21
Lower Bollinger Band 0.17
Percent B (%b) 0.46
BandWidth 17.47
MACD Line 0.00
MACD Signal Line 0.00
MACD Histogram 0.0015
Fundamentals Value
Market Cap 33.81 Million
Num Shares 17.8 Billion
EPS 0.10
Price-to-Earnings (P/E) Ratio 1.90
Price-to-Sales 2.55
Price-to-Book 0.57
PEG Ratio 0.00
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.21
Resistance 3 (R3) 0.21 0.20 0.20
Resistance 2 (R2) 0.20 0.20 0.20 0.20
Resistance 1 (R1) 0.20 0.20 0.20 0.20 0.20
Pivot Point 0.19 0.19 0.19 0.19 0.19
Support 1 (S1) 0.19 0.19 0.19 0.19 0.18
Support 2 (S2) 0.18 0.19 0.18 0.18
Support 3 (S3) 0.18 0.18 0.18
Support 4 (S4) 0.18