Technical Analysis for AMRLF - American Lithium Corp

Grade Last Price % Change Price Change
F 0.5501 0.02% 0.0001
AMRLF closed up 0.02 percent on Friday, March 31, 2023, on 7.19 times normal volume. Its advance stalled at its 200 day moving average, an important long-term support / resistance line. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
20 DMA Resistance Bearish 0.00%
200 DMA Resistance Bearish 0.00%
Shooting Star Candlestick Bearish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.02%
Stochastic Buy Signal Bullish 0.02%

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Profile

American Lithium Corp., an exploration stage company, engages in the identification, acquisition, exploration, and development of resource properties in the United States. It principally focuses on the TLC Claystones project covering an area of approximately 3,343 hectares located in the town of Tonopah, Nevada; the Falchani Lithium project; and the Macusani Uranium project. The company was formerly known as Menika Mining Ltd. and changed its name to American Lithium Corp. in April 2016. American Lithium Corp. was incorporated in 1974 and is headquartered in Vancouver, Canada.
Classification

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Keywords: Chemistry Physical Sciences Natural Sciences Lithium Tonopah

Is AMRLF 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 2.0
52 Week Low 0.2259
Average Volume 6,345
200-Day Moving Average 0.6116
50-Day Moving Average 0.9266
20-Day Moving Average 0.6693
10-Day Moving Average 0.5774
Average True Range 0.1089
RSI 40.48
ADX 10.68
+DI 47.6240
-DI 32.1147
Chandelier Exit (Long, 3 ATRs) 0.6733
Chandelier Exit (Short, 3 ATRs) 0.8566
Upper Bollinger Bands 0.9296
Lower Bollinger Band 0.4090
Percent B (%b) 0.27
BandWidth 77.7828
MACD Line -0.0999
MACD Signal Line -0.0966
MACD Histogram -0.0033
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.7376
Resistance 3 (R3) 0.7584 0.7168 0.7064
Resistance 2 (R2) 0.7168 0.6690 0.7064 0.6959
Resistance 1 (R1) 0.6334 0.6395 0.6126 0.6126 0.6855
Pivot Point 0.5918 0.5918 0.5814 0.5814 0.5918
Support 1 (S1) 0.5084 0.5440 0.4876 0.4876 0.4147
Support 2 (S2) 0.4668 0.5145 0.4564 0.4043
Support 3 (S3) 0.3834 0.4668 0.3939
Support 4 (S4) 0.3626