Technical Analysis for BALMF - Balmoral Resources Ltd

Grade Last Price % Change Price Change
grade A 0.5842 -0.98% -0.0058
BALMF closed down 0.98 percent on Friday, May 22, 2020, on 76 percent of 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 EOD Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical BALMF trend table...

Date Alert Name Type % Chg
Boomer Buy Setup Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup -0.98%
Inside Day Range Contraction -0.98%
Wide Bands Range Expansion -0.98%
Overbought Stochastic Strength -0.98%
New 52 Week Closing High Bullish -0.98%
Expansion Breakout Bullish Swing Setup -0.98%
Wide Range Bar Range Expansion -0.98%
Older End-of-Day Gignals for BALMF ...

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Profile

Founded in 2010 Balmoral Resources is a well-funded, gold-focused Canadian exploration and development company whose flagship Detour Trend Project is located in the Abitibi greenstone belt of west-central Quebec. The Project hosts a number of recent discoveries including the Bug Lake North and South gold deposits, the Martiniere West gold deposit, and the Grasset Ni-Cu-PGE deposit. Employing an aggressive, drill-focused exploration style in one of the world's preeminent geological and mining jurisdictions, Balmoral is following an established formula with a goal of maximizing shareholder value through the discovery and definition of high-grade, Canadian gold and base metal assets.
Mining Geology Petrology Greenstone Belts Abitibi Greenstone Belt Igneous Petrology

Is BALMF 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 0.609
52 Week Low 0.07
Average Volume 189,389
200-Day Moving Average 0.2583
50-Day Moving Average 0.3476
20-Day Moving Average 0.4657
10-Day Moving Average 0.5211
Average True Range 0.0429
ADX 46.72
+DI 32.8493
-DI 6.4430
Chandelier Exit (Long, 3 ATRs ) 0.4803
Chandelier Exit (Short, 3 ATRs ) 0.4587
Upper Bollinger Band 0.6198
Lower Bollinger Band 0.3116
Percent B (%b) 0.88
BandWidth 66.1799
MACD Line 0.0627
MACD Signal Line 0.0540
MACD Histogram 0.0087
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.6442
Resistance 3 (R3) 0.6395 0.6147 0.6342
Resistance 2 (R2) 0.6147 0.5995 0.6171 0.6309
Resistance 1 (R1) 0.5995 0.5900 0.6071 0.6042 0.6275
Pivot Point 0.5747 0.5747 0.5786 0.5771 0.5747
Support 1 (S1) 0.5595 0.5595 0.5671 0.5642 0.5409
Support 2 (S2) 0.5347 0.5500 0.5371 0.5375
Support 3 (S3) 0.5195 0.5347 0.5342
Support 4 (S4) 0.5242