Technical Analysis for RBW - Rainbow Rare Earths Limited

Grade Last Price % Change Price Change
D 10.75 3.86% 0.40
RBW closed up 3.86 percent on Friday, April 26, 2024, on 1.63 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Up Up

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Upper Bollinger Band Walk Strength 0.00%
Above Upper BB Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 3.86%
NR7 Range Contraction 3.86%
Weak + Overbought Other 3.86%

   Recent Intraday Alerts

Alert Time
Possible Pocket Pivot about 5 hours ago
Up 5% about 8 hours ago
50 DMA Resistance about 8 hours ago
Up 1 ATR about 9 hours ago
1.5x Volume Pace about 9 hours ago

Free Daily (Stock) Chart Reading

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

Rainbow Rare Earths Limited Description

Rainbow Rare Earths Limited is a Guernsey-based mining company. The Company is engaged in the exploration and development of the Gakara project, a rare earth deposit in Burundi, East Africa. The Gakara Rare Earth Project is located in the Bujumbura province of Western Burundi, which consists of a mining license and exploration license. The Company's principle asset, the mining license, is held through its subsidiary, Rainbow Mining Burundi SM. The Gakara project is located approximately 20 kilometers south-southeast of Bujumbura and covers a combined area of approximately 135 square kilometers. Its exploration target at the project is rare earth element mineralization (REE), which is hosted in a system of narrow veins consisting of minerals bastnaesite and/or monazite. The Company's subsidiaries include Rainbow International Resources Limited and Rainbow Burundi SPRL. The Company has not commenced operations and has no revenues.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Chemistry Mineral Chemical Elements Revenue Minerals Earth Rare Earth Element Vein

Is RBW 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 17.5
52 Week Low 7.02
Average Volume 444,602
200-Day Moving Average 13.38
50-Day Moving Average 10.64
20-Day Moving Average 9.71
10-Day Moving Average 9.94
Average True Range 0.41
RSI (14) 65.16
ADX 31.08
+DI 26.21
-DI 11.17
Chandelier Exit (Long, 3 ATRs) 9.77
Chandelier Exit (Short, 3 ATRs) 10.32
Upper Bollinger Bands 10.52
Lower Bollinger Band 8.90
Percent B (%b) 1.14
BandWidth 16.74
MACD Line -0.07
MACD Signal Line -0.28
MACD Histogram 0.2088
Fundamentals Value
Market Cap 67.76 Million
Num Shares 630 Million
EPS -0.02
Price-to-Earnings (P/E) Ratio -537.50
Price-to-Sales 556.71
Price-to-Book 7.44
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 11.54
Resistance 3 (R3) 11.54 11.27 11.41
Resistance 2 (R2) 11.27 11.06 11.27 11.37
Resistance 1 (R1) 11.01 10.94 11.14 11.01 11.32
Pivot Point 10.74 10.74 10.80 10.74 10.74
Support 1 (S1) 10.48 10.54 10.61 10.49 10.18
Support 2 (S2) 10.21 10.41 10.21 10.13
Support 3 (S3) 9.95 10.21 10.09
Support 4 (S4) 9.96