Technical Analysis for SHG - Shanta Gold Limited

Grade Last Price % Change Price Change
grade A 9.8 -3.92% -0.40
SHG closed down 3.92 percent on Friday, August 16, 2019, on approximately normal volume. 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.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Up Up Up
See historical SHG trend table...

Date Alert Name Type % Chg
Slingshot Bullish Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Upper Bollinger Band Walk Strength 0.00%
Multiple of Ten Bearish Other 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
New 52 Week Closing High Bullish -3.92%
New 52 Week High Strength -3.92%
Stochastic Reached Overbought Strength -3.92%
Upper Bollinger Band Walk Strength -3.92%

Older signals for SHG ...

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Profile
Shanta Gold Limited is a gold producing company engaged in the investment in gold exploration and production in Tanzania. The Company is engaged in mining, processing, exploration and related activities. Its Tanzanian-based assets include New Luika Gold Mine, Singida, Songea and Lupa Goldfield exploration. Its New Luika Gold Mine is located in Chunya administrative district, Mbeya region in the Lupa Goldfield of south west Tanzania. Its Singida property is located in Ikungi Administrative District, Singida Region, central Tanzania. It has over three prospecting licenses covering approximately 90 square kilometers and over three mining licenses covering approximately 30 square kilometers. Its Songea property is located in Mbinga and Songea administrative districts in the Ruvuma region of southern Tanzania. It has over three prospecting licenses covering approximately 60 square kilometers. It holds over 1,300 square kilometers of prospective exploration ground in the Lupa Goldfield.
Mining Country Subdivisions Subdivisions Of Tanzania
Is SHG a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 4 bullish, 0 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 10.4
52 Week Low 4.0
Average Volume 1,944,669
200-Day Moving Average 6.2079
50-Day Moving Average 8.0942
20-Day Moving Average 8.713
10-Day Moving Average 9.346
Average True Range 0.5362
ADX 28.78
+DI 30.9353
-DI 12.1516
Chandelier Exit (Long, 3 ATRs ) 8.7914
Chandelier Exit (Short, 3 ATRs ) 9.1086
Upper Bollinger Band 10.1737
Lower Bollinger Band 7.2523
Percent B (%b) 0.87
BandWidth 33.529209
MACD Line 0.5162
MACD Signal Line 0.3896
MACD Histogram 0.1266
Fundamentals Value
Market Cap 45.86 Million
Num Shares 4.68 Million
EPS -0.01
Price-to-Earnings (P/E) Ratio -980.00
Price-to-Sales 32.39
Price-to-Book 33.65
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.60
Resistance 3 (R3) 10.59 10.31 10.47
Resistance 2 (R2) 10.31 10.11 10.32 10.42
Resistance 1 (R1) 10.06 9.98 10.07 10.07 10.38
Pivot Point 9.78 9.78 9.78 9.78 9.78
Support 1 (S1) 9.52 9.57 9.53 9.53 9.22
Support 2 (S2) 9.24 9.45 9.25 9.18
Support 3 (S3) 8.99 9.24 9.13
Support 4 (S4) 9.00