Technical Analysis for RDRUY - Neometals Ltd.

Grade Last Price % Change Price Change
A 9.62 15.90% 1.3200
RDRUY closed up 15.9 percent on Friday, May 13, 2022, on 84 percent of normal volume. Note that the stock is in oversold territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a bounce should not be unexpected.

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Slingshot Bearish Bearish Swing Setup 0.00%
Stochastic Buy Signal Bullish 0.00%
Strong but Oversold Other 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Oversold Stochastic Weakness 0.00%
Expansion Breakdown Bearish Swing Setup 15.90%
Stochastic Buy Signal Bullish 15.90%
Strong but Oversold Other 15.90%
Wide Bands Range Expansion 15.90%

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Neometals Ltd. Description

Neometals has developed the world's largest lithium concentrator with its partners, Ganfeng Lithium and Mineral Resources, at Mt Marion near Kalgoorlie in Western Australia. Mt Marion will initally produce 50,000t LCE as concentrates for sale to Ganfeng Lithium for the first three years. After which, Neometals and Mineral Resources plan to exercise their rights to purchase 51% of production for processing to produce Lithium Hydroxide from a dedicated plant located close to mine. Neometals also owns the Barrambie Titanium Deposit, which it is evaluating for the production of chloride-grade titanium dioxide pigment using the patented Neomet Process. A Pre-feasibility Study indicated the potential to deliver lowest known operating costs. Neometals holds exclusive rights to commercialise the technology.


Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Chemistry Physical Sciences Chemical Elements Cobalt Lithium Transition Metals Exercise Titanium Feasibility Study Titanium Dioxide Kalgoorlie Lithium Compounds Ganfeng Lithium

Is RDRUY a Buy, Sell or Hold?

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

Recent News


Indicator Value
52 Week High 15.0
52 Week Low 2.55
Average Volume 592
200-Day Moving Average 7.9224
50-Day Moving Average 11.3336
20-Day Moving Average 11.1681
10-Day Moving Average 9.6028
Average True Range 0.5664
RSI 40.48
ADX 23.18
+DI 37.2188
-DI 53.7467
Chandelier Exit (Long, 3 ATRs) 11.6008
Chandelier Exit (Short, 3 ATRs) 9.9992
Upper Bollinger Bands 14.6132
Lower Bollinger Band 7.7230
Percent B (%b) 0.28
BandWidth 61.6954
MACD Line -0.9028
MACD Signal Line -0.5848
MACD Histogram -0.318
Fundamentals Value
Market Cap 524.63 Million
Num Shares 54.5 Million
EPS 0.27
Price-to-Earnings (P/E) Ratio 35.63
Price-to-Sales 0.00
Price-to-Book 1.07
PEG Ratio 0.00
Dividend 0.12
Dividend Yield 1.25%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 10.1900
Resistance 3 (R3) 10.2533 10.1267 10.0950
Resistance 2 (R2) 10.1267 9.9815 10.0950 10.0633
Resistance 1 (R1) 9.8733 9.8918 9.8100 9.8100 10.0317
Pivot Point 9.7467 9.7467 9.7150 9.7150 9.7467
Support 1 (S1) 9.4933 9.6015 9.4300 9.4300 9.2083
Support 2 (S2) 9.3667 9.5118 9.3350 9.1767
Support 3 (S3) 9.1133 9.3667 9.1450
Support 4 (S4) 9.0500