Technical Analysis for SRMMF - Sarama Resources Limited

Grade Last Price % Change Price Change
grade C 0.07 -4.76% -0.0035
SRMMF closed down 4.76 percent on Thursday, August 22, 2019, on 70 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Strong Down Down Down
See historical SRMMF trend table...

Date Alert Name Type % Chg
Fell Below 200 DMA Bearish 0.00%
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Crossed Above 200 DMA Bullish -4.76%
Crossed Above 20 DMA Bullish -4.76%
Crossed Above 50 DMA Bullish -4.76%
MACD Bullish Signal Line Cross Bullish -4.76%

Older signals for SRMMF ...

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Profile
Sarama Resources Ltd, an exploration stage company, engages in the sourcing, exploration, and development of mineral properties in West Africa. The company explores for gold deposits. Its flagship property is the South Houndé project that is located in south-west Burkina Faso. The company was founded in 2010 and is headquartered in Subiaco, Australia.
Countries Geography Of Africa Africa Republics Economic Community Of West African States Avocet Mining Burkina Faso French West Africa Rift Valley Resources
Is SRMMF a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 0 bullish, 3 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Recent News
Indicators
Indicator Value
52 Week High 0.139
52 Week Low 0.027
Average Volume 36,945
200-Day Moving Average 0.0709
50-Day Moving Average 0.0724
20-Day Moving Average 0.0721
10-Day Moving Average 0.0737
Average True Range 0.0054
ADX 27.35
+DI 21.8792
-DI 43.7584
Chandelier Exit (Long, 3 ATRs ) 0.0644
Chandelier Exit (Short, 3 ATRs ) 0.0762
Upper Bollinger Band 0.0778
Lower Bollinger Band 0.0664
Percent B (%b) 0.32
BandWidth 15.811373
MACD Line 0.0001
MACD Signal Line 0.0003
MACD Histogram -0.0002
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.0723
Resistance 3 (R3) 0.0720 0.0710 0.0719
Resistance 2 (R2) 0.0710 0.0704 0.0711 0.0717
Resistance 1 (R1) 0.0705 0.0701 0.0708 0.0708 0.0716
Pivot Point 0.0695 0.0695 0.0696 0.0696 0.0695
Support 1 (S1) 0.0690 0.0689 0.0693 0.0693 0.0684
Support 2 (S2) 0.0680 0.0686 0.0681 0.0683
Support 3 (S3) 0.0675 0.0680 0.0681
Support 4 (S4) 0.0678