Technical Analysis for WRES - W Resources Plc

Grade Last Price % Change Price Change
grade F 0.385 -1.28% -0.01
WRES closed down 1.28 percent on Thursday, September 19, 2019, on 45 percent of normal volume. The bears made the stock sink to a new 52-week low. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

Earnings due: Sep 27

*** please verify all earnings dates ***

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Flat
See historical WRES trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Doji - Bullish? Reversal 0.00%
New 52 Week Low Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
20 DMA Support Bullish -1.28%
50 DMA Resistance Bearish -1.28%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup -1.28%

Older signals for WRES ...

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.
Configure default chart indicators
Basic chart:
Profile
W Resources Plc is engaged in the tungsten production, exploration and development through its subsidiaries, which include Iberian Resources Spain SL and Australian Iron Ore Plc. The Company's segments include Mineral Exploration and Corporate. Its projects include La Parrilla and Regua. The La Parrilla Project area is situated in the Extremadura region of southwest Spain, in the Provinces of Caceres-Badajoz, approximately 310 kilometers southwest of Madrid and over 240 kilometers north of the city of Seville. The La Parrilla Project property comprises approximately three mineral concessions, covering over 1,000 hectares. The Company owns a permit for the exploration of the Regua tungsten deposit located approximately 400 kilometers North of Lisbon and over 90 kilometers East of Porto. Regua tungsten deposit has a resource of approximately 4.46 million tons grading over 0.308% tungsten tri-oxide (WO3), at a cut-off of 0.10%, covering an area of approximately eight square kilometers.
Chemistry Tungsten Tungsten Mining
Is WRES a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 0.624
52 Week Low 0.2859
Average Volume 19,892,536
200-Day Moving Average 0.4551
50-Day Moving Average 0.4068
20-Day Moving Average 0.3888
10-Day Moving Average 0.386
Average True Range 0.0314
ADX 15.8
+DI 12.6056
-DI 30.829
Chandelier Exit (Long, 3 ATRs ) 0.3258
Chandelier Exit (Short, 3 ATRs ) 0.3801
Upper Bollinger Band 0.4052
Lower Bollinger Band 0.3724
Percent B (%b) 0.38
BandWidth 8.436214
MACD Line -0.0059
MACD Signal Line -0.0074
MACD Histogram 0.0015
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.54
Resistance 3 (R3) 0.53 0.46 0.52
Resistance 2 (R2) 0.46 0.42 0.47 0.51
Resistance 1 (R1) 0.42 0.39 0.39 0.44 0.50
Pivot Point 0.35 0.35 0.34 0.36 0.35
Support 1 (S1) 0.32 0.31 0.28 0.33 0.27
Support 2 (S2) 0.25 0.29 0.26 0.26
Support 3 (S3) 0.21 0.25 0.25
Support 4 (S4) 0.23