Technical Analysis for MLYF - Western Magnesium

Grade Last Price % Change Price Change
grade D 0.1006 18.35% 0.0156
MLYF closed up 18.35 percent on Friday, January 17, 2020, on 1.91 times normal volume.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Up
Historical MLYF trend table...

Date Alert Name Type % Chg
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Crossed Above 20 DMA Bullish 0.00%
Pocket Pivot Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 18.35%
Pocket Pivot Bullish Swing Setup 18.35%
Narrow Range Bar Range Contraction 18.35%
Inside Day Range Contraction 18.35%
Wide Bands Range Expansion 18.35%
Oversold Stochastic Weakness 18.35%
Older signals for MLYF ...

Get a Trading Assistant

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

Western Magnesium Corporation engages in the acquisition, exploration, and development of mineral resource projects in Canada and the United States. The company explores for gold, silver, and magnesium deposits. It owns a 100% interest in the Tami-Mosi magnesium property that consists of 81 unpatented mining claims covering approximately 677 hectares and 4 quartz unpatented claims covering approximately 33 hectares located in the town of Ely, Nevada. The company was formerly known as Nevada Clean Magnesium Inc. and changed its name to Western Magnesium Corporation in May 2019. Western Magnesium Corporation was incorporated in 1966 and is headquartered in Vancouver, Canada.
Chemistry Physical Sciences Chemical Substances Unpatented Mining Claims Magnesium

Is MLYF 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 0.25
52 Week Low 0.058
Average Volume 102,918
200-Day Moving Average 0.0000
50-Day Moving Average 0.1087
20-Day Moving Average 0.0921
10-Day Moving Average 0.0871
Average True Range 0.0104
ADX 24.09
+DI 19.5622
-DI 17.2367
Chandelier Exit (Long, 3 ATRs ) 0.0828
Chandelier Exit (Short, 3 ATRs ) 0.1106
Upper Bollinger Band 0.1081
Lower Bollinger Band 0.0761
Percent B (%b) 0.77
BandWidth 34.7448
MACD Line -0.0061
MACD Signal Line -0.0077
MACD Histogram 0.0016
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.1240
Resistance 3 (R3) 0.1214 0.1110 0.1201
Resistance 2 (R2) 0.1110 0.1050 0.1123 0.1188
Resistance 1 (R1) 0.1058 0.1014 0.1084 0.1084 0.1175
Pivot Point 0.0954 0.0954 0.0967 0.0967 0.0954
Support 1 (S1) 0.0902 0.0894 0.0928 0.0928 0.0837
Support 2 (S2) 0.0798 0.0858 0.0811 0.0824
Support 3 (S3) 0.0746 0.0798 0.0811
Support 4 (S4) 0.0772