Technical Analysis for RBW - Rainbow Rare Earths Limited

Grade Last Price % Change Price Change
B 12.95 -0.38% -0.05
RBW closed down 0.38 percent on Thursday, January 26, 2023, on 39 percent of normal volume. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Upper Bollinger Band Walk Strength 0.00%
Wide Bands Range Expansion 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Gapped Down Weakness 0.00%
200 DMA Support Bullish -0.38%
Pocket Pivot Bullish Swing Setup -0.38%
Upper Bollinger Band Walk Strength -0.38%
Wide Bands Range Expansion -0.38%

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

Alert Time
Fell Below Upper Bollinger Band about 15 hours ago
Down 5% about 15 hours ago
Down 3% about 15 hours ago
Down 2% about 15 hours ago
Down 1% about 15 hours ago

Get this analysis on your stocks daily!

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 Revenue Minerals Chemical Elements 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 18.5
52 Week Low 8.51
Average Volume 899,642
200-Day Moving Average 11.82
50-Day Moving Average 10.24
20-Day Moving Average 10.60
10-Day Moving Average 11.22
Average True Range 0.83
RSI 80.04
ADX 23.89
+DI 26.55
-DI 8.04
Chandelier Exit (Long, 3 ATRs) 10.51
Chandelier Exit (Short, 3 ATRs) 11.49
Upper Bollinger Bands 12.55
Lower Bollinger Band 8.65
Percent B (%b) 1.1
BandWidth 36.76
MACD Line 0.58
MACD Signal Line 0.28
MACD Histogram 0.2945
Fundamentals Value
Market Cap 54.65 Million
Num Shares 422 Million
EPS -5.90
Price-to-Earnings (P/E) Ratio -2.19
Price-to-Sales 90.92
Price-to-Book 4.94
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 14.15
Resistance 3 (R3) 14.03 13.52 13.95
Resistance 2 (R2) 13.52 13.21 13.58 13.88
Resistance 1 (R1) 13.23 13.02 13.38 13.35 13.82
Pivot Point 12.72 12.72 12.79 12.78 12.72
Support 1 (S1) 12.43 12.41 12.58 12.55 12.08
Support 2 (S2) 11.92 12.22 11.98 12.02
Support 3 (S3) 11.63 11.92 11.95
Support 4 (S4) 11.75