Technical Analysis for MMEX - Mmex Resources Corp

Grade Last Price % Change Price Change
grade C 0.0002 0.00% 0.0000
MMEX closed unchanged on Thursday, August 13, 2020, on 3.65 times normal volume. It was able to find support at its 50 day moving average. It was able to bounce off of its 200 day moving average, an important long-term support line. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical MMEX trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
20 DMA Support Bullish 0.00%
50 DMA Support Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Jack-in-the-Box Bullish Bullish Swing Setup 0.00%
Volume Surge Other 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Older signals for MMEX ...

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Profile

MMEX Resources Corporation, formerly MMEX Mining Corporation, is engaged in exploration, extraction, refining and distribution of oil, gas, petroleum products and electric power. The Company focuses on the acquisition, development and financing of oil, gas, refining and electric power projects in Texas, Peru, and other countries in Central and Latin America. The Company's subsidiaries include MCC Merger, Inc., Maple Carpenter Creek Holdings, Inc., Maple Carpenter Creek, LLC, Carpenter Creek, LLC, Armadillo Holdings Group Corp. and Armadillo Mining Corp. As of April 30, 2016, the Company had not generated any revenue.
Oil Petroleum Products Xtract Resources

Is MMEX 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 0.0004
52 Week Low 0.0
Average Volume 20,019,880
200-Day Moving Average 0.0001
50-Day Moving Average 0.0001
20-Day Moving Average 0.0001
10-Day Moving Average 0.0001
Average True Range 0.0007
ADX 1.24
+DI 87.5000
-DI 87.5000
Chandelier Exit (Long, 3 ATRs ) -0.0019
Chandelier Exit (Short, 3 ATRs ) 0.0021
Upper Bollinger Band 0.0002
Lower Bollinger Band 0.0000
Percent B (%b) 1.0
BandWidth 200.0000
MACD Line -0.0003
MACD Signal Line -0.0005
MACD Histogram 0.0002
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0004
Resistance 3 (R3) 0.0003 0.0003 0.0003
Resistance 2 (R2) 0.0003 0.0002 0.0003 0.0003
Resistance 1 (R1) 0.0002 0.0002 0.0003 0.0003 0.0003
Pivot Point 0.0002 0.0002 0.0002 0.0002 0.0002
Support 1 (S1) 0.0001 0.0001 0.0002 0.0002 0.0001
Support 2 (S2) 0.0001 0.0001 0.0001 0.0001
Support 3 (S3) 0.0000 0.0001 0.0001
Support 4 (S4) 0.0001