Technical Analysis for DMEHF - Desert Mountain Energy Corp

Grade Last Price % Change Price Change
C 0.3060 -7.41% -0.0245
DMEHF closed down 7.41 percent on Monday, September 25, 2023, on 36 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or bounces.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
MACD Bearish Signal Line Cross Bearish 0.00%
Stochastic Reached Oversold Weakness 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Oversold Stochastic Weakness 0.00%
20 DMA Resistance Bearish -7.41%
50 DMA Resistance Bearish -7.41%
Wide Bands Range Expansion -7.41%
Gapped Down Weakness -7.41%
Fell Below 20 DMA Bearish -6.42%

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Alert Time
Down 1 ATR about 12 hours ago
Down 5% about 12 hours ago
Down 3% about 12 hours ago
Down 1% about 12 hours ago
Down 2% about 12 hours ago

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Profile

Desert Mountain Energy Corp. engages in the exploration and development of oil and gas, and mineral properties in the United States, Canada, Kenya, and internationally. It holds interest in the Holbrook Basin helium project covering an area of 65,912 acres located in the Northern Arizona; the Kight Gilcrease Sand Unit oil and gas project comprising 7 wells covering an area of 883.7 acres situated in the Seminole County, Oklahoma; and 8,510 acres in Navajo County, Arizona. The company was formerly known as African Queen Mines Ltd. and changed its name to Desert Mountain Energy Corp. in April 2018. Desert Mountain Energy Corp. was founded in 2008 and is based in Vancouver, Canada.
Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Physical Sciences Oil And Gas Helium Oil And Gas Project

Is DMEHF 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 2.48
52 Week Low 0.254
Average Volume 60,782
200-Day Moving Average 1.1634
50-Day Moving Average 0.3298
20-Day Moving Average 0.3324
10-Day Moving Average 0.3372
Average True Range 0.0299
RSI (14) 42.53
ADX 16.51
+DI 16.5226
-DI 27.0893
Chandelier Exit (Long, 3 ATRs) 0.3313
Chandelier Exit (Short, 3 ATRs) 0.3687
Upper Bollinger Bands 0.3919
Lower Bollinger Band 0.2729
Percent B (%b) 0.28
BandWidth 35.8002
MACD Line -0.0040
MACD Signal Line -0.0039
MACD Histogram -0.0001
Fundamentals Value
Market Cap 18.09 Million
Num Shares 59.1 Million
EPS
Price-to-Sales 0.00
Price-to-Book 11.65
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.3300
Resistance 3 (R3) 0.3307 0.3233 0.3260
Resistance 2 (R2) 0.3233 0.3172 0.3230 0.3247
Resistance 1 (R1) 0.3147 0.3134 0.3110 0.3140 0.3233
Pivot Point 0.3073 0.3073 0.3055 0.3070 0.3073
Support 1 (S1) 0.2987 0.3012 0.2950 0.2980 0.2887
Support 2 (S2) 0.2913 0.2974 0.2910 0.2873
Support 3 (S3) 0.2827 0.2913 0.2860
Support 4 (S4) 0.2820