Technical Analysis for TRP - Tower Resources Plc
| ADX | Long Term | Intermediate Term | Short Term |
|---|---|---|---|
| Weak or Absent | Down | Up | Up |
| Date | Alert Name | Type | % Chg |
|---|---|---|---|
| 50 DMA Resistance | Bearish | 7.50% | |
| 20 DMA Support | Bullish | 7.50% | |
| Spinning Top | Other | 7.50% | |
| Bollinger Band Squeeze | Range Contraction | 7.50% | |
| Outside Day | Range Expansion | 7.50% | |
| 20 DMA Support | Bullish | 7.50% | |
| Bollinger Band Squeeze | Range Contraction | 7.50% | |
| NR7 | Range Contraction | 7.50% | |
| BB Squeeze Started | Range Contraction | 7.50% | |
| 20 DMA Support | Bullish | 7.50% |
| Alert | Time |
|---|---|
| Possible Pocket Pivot | about 2 hours ago |
| Up 1 ATR | about 2 hours ago |
| Rose Above Previous Day's High | about 2 hours ago |
| 5x Volume Pace | about 2 hours ago |
| 3x Volume Pace | about 2 hours ago |
Free Daily (Stock) Chart Reading
Tower Resources Plc Description
Tower Resources plc is an upstream oil and gas exploration company. The Company has exploration projects in Cameroon, South Africa, Zambia, and Sahawari Arab Democratic Republic (SADR). The Company has two segments: Africa and Head Office. The Company is an operator of international licenses with a focus on projects in Africa. It holds an interest in Thali Production Sharing Contract (PSC) in Cameroon, which covers an area of approximately 120 square kilometers (kms) and lies in the prolific Rio del Rey basin, in the eastern part of the Niger Delta. It holds an interest in Algoa-Gamtoos license, South Africa, which covers an area of approximately 11,800 square kms. It also holds an interest in the offshore Guelta and Imlili blocks, and the onshore Bojador block in the SADR, which covers an area of approximately 72,700 square kms. It has interests in blocks 40 and 41 of the frontier Zambezi Basin, which covers an area of approximately 6,950 square kms. The Company has no revenues.
Classification
Sector: Energy
Industry: Oil & Gas E&P
Keywords: Oil Gas Oil And Gas Revenue Offshore Gas Exploration Oil And Gas Exploration Upstream Upstream Oil And Gas Upstream Oil And Gas Exploration
| Indicator | Bull Case | Neutral / Hold | Bear Case |
|---|---|---|---|
| 50 DMA | |||
| 200 DMA | |||
| ADX Trend | |||
| Oversold / Overbought | |||
| Relative Strength |
| Indicator | Value |
|---|---|
| 52 Week High | 0.1399 |
| 52 Week Low | 0.0163 |
| Average Volume | 426,070,887 |
| 200-Day Moving Average | 0.03 |
| 50-Day Moving Average | 0.02 |
| 20-Day Moving Average | 0.02 |
| 10-Day Moving Average | 0.02 |
| Average True Range | 0.00 |
| RSI (14) | 50.00 |
| ADX | 21.81 |
| +DI | 16.37 |
| -DI | 9.96 |
| Chandelier Exit (Long, 3 ATRs) | 0.02 |
| Chandelier Exit (Short, 3 ATRs) | 0.02 |
| Upper Bollinger Bands | 0.02 |
| Lower Bollinger Band | 0.02 |
| Percent B (%b) | 0.6 |
| BandWidth | 15.23 |
| MACD Line | 0.00 |
| MACD Signal Line | 0.00 |
| MACD Histogram | 0.0001 |
| Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
|---|---|---|---|---|---|
| Resistance 4 (R4) | 0.02 | ||||
| Resistance 3 (R3) | 0.02 | 0.02 | 0.02 | ||
| Resistance 2 (R2) | 0.02 | 0.02 | 0.02 | 0.02 | |
| Resistance 1 (R1) | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Pivot Point | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Support 1 (S1) | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 |
| Support 2 (S2) | 0.02 | 0.02 | 0.02 | 0.02 | |
| Support 3 (S3) | 0.02 | 0.02 | 0.02 | ||
| Support 4 (S4) | 0.02 |
