Technical Analysis for MBCFF - Itafos

Grade Last Price % Change Price Change
grade F 0.291 -33.41% -0.1460
MBCFF closed down 33.41 percent on Tuesday, December 3, 2019, on 2.68 times normal volume. The bears made the stock sink to a new 52-week low. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
See historical MBCFF trend table...

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
Expansion Breakdown Bearish Swing Setup 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Below Lower BB Weakness 0.00%
Gapped Down Weakness 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Oversold Stochastic Weakness 0.00%
New 52 Week Closing Low Bearish -33.41%
New Downtrend Bearish -33.41%
Older signals for MBCFF ...

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Profile

MBAC is focused on becoming a significant integrated producer of phosphate fertilizers and related products in the Brazilian and Latin American markets. MBAC has an experienced team with significant experience in the business of fertilizer operations, management, marketing and finance within Brazil. MBAC owns and operates the Itaf?s Operations which consists of an integrated fertilizer producing facility comprised of a phosphate mine, a mill, a beneficiation plant, a sulphuric acid plant, an SSP plant and a granulation plant and related infrastructure located in central Brazil. The Itaf?s Operations are estimated to have production capacity of approximately 500,000 tonnes of SSP per annum. MBAC?s exploration portfolio includes a number of additional exciting phosphate projects, which are also located in Brazil. The Santana Phosphate Project is a high grade phosphate deposit located in close proximity to the largest fertilizer market of Mato Grosso State and animal feed market of Par? State. The Company continues to search for additional fertilizer opportunities in the Brazilian and other Latin-American markets, where strong agricultural fundamentals and unique opportunities are expected to provide attractive growth opportunities in the near future.
Chemistry Fertilizer Phosphate

Is MBCFF a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Recent News

Indicators

Indicator Value
52 Week High 2.248
52 Week Low 0.291
Average Volume 9,432
200-Day Moving Average 1.1441
50-Day Moving Average 0.8080
20-Day Moving Average 0.8379
10-Day Moving Average 0.6915
Average True Range 0.1076
ADX 28.15
+DI 21.5862
-DI 66.8595
Chandelier Exit (Long, 3 ATRs ) 0.9022
Chandelier Exit (Short, 3 ATRs ) 0.6138
Upper Bollinger Band 1.3700
Lower Bollinger Band 0.3058
Percent B (%b) -0.01
BandWidth 127.0080
MACD Line -0.1247
MACD Signal Line -0.0417
MACD Histogram -0.083
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.4695
Resistance 3 (R3) 0.4893 0.4497 0.4398
Resistance 2 (R2) 0.4497 0.4042 0.4398 0.4298
Resistance 1 (R1) 0.3703 0.3761 0.3505 0.3505 0.4199
Pivot Point 0.3307 0.3307 0.3208 0.3208 0.3307
Support 1 (S1) 0.2513 0.2852 0.2315 0.2315 0.1621
Support 2 (S2) 0.2117 0.2571 0.2018 0.1522
Support 3 (S3) 0.1323 0.2117 0.1423
Support 4 (S4) 0.1125