Technical Analysis for KNT - K92 Mining Inc.

Grade Last Price % Change Price Change
A 8.080 3.59% 0.280
KNT closed up 3.59 percent on Friday, May 17, 2024, on 68 percent of normal volume. The bulls were able to push the stock to a new 52-week high. Due to the stock's strong uptrend, it may remain overbought for a while. So, if you're looking for a reason to sell, don't put too much weight on it being overbought.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up

Date Alert Name Type % Chg
MACD Bullish Signal Line Cross Bullish 0.00%
New 52 Week Closing High Bullish 0.00%
New 52 Week High Strength 0.00%
Stochastic Reached Overbought Strength 0.00%
Gapped Up Strength 0.00%
Overbought Stochastic Strength 0.00%
MACD Bearish Signal Line Cross Bearish 3.59%
Spinning Top Other 3.59%
NR7 Range Contraction 3.59%
Narrow Range Bar Range Contraction 3.59%

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Profile

K92 Mining Inc. Description

K92 Mining Inc., formerly Otterburn Resources Corp., is engaged in the exploration and development of mineral deposits in Papua New Guinea, specifically the Kainantu Gold Mine that includes Irumafima and Kora deposits. The Company's Kainantu property covers a total area of approximately 410 square kilometers and is located in the Eastern Highlands Province of Papua New Guinea, approximately 180 kilometers west-northwest of Lae. The Kainantu property comprises an exploration license EL1341; a mining license ML150; two mining easements ME80 and ME81, and a license for mining purposes LMP78. The Kora mine is located within ML150 and the main Kainantu exploration camp and processing plant are located within LMP78, which is located within EL693. The Company's EL 1341 covers a total area of over 150 square kilometers and is located to the south of ML150. The ML150 includes Judd, Karempe and other unnamed mineralized lodes. Judd is located approximately 200 meters east of Koraon ML150.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Mineral Gold Lode Guinea Papua New Guinea Kainantu Kainantu–Goroka Languages Mining In Papua New Guinea

Is KNT 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 8.1
52 Week Low 4.64
Average Volume 758,231
200-Day Moving Average 6.249
50-Day Moving Average 7.138
20-Day Moving Average 7.663
10-Day Moving Average 7.867
Average True Range 0.290
RSI (14) 63.77
ADX 25.33
+DI 25.646
-DI 15.936
Chandelier Exit (Long, 3 ATRs) 7.231
Chandelier Exit (Short, 3 ATRs) 7.999
Upper Bollinger Bands 8.160
Lower Bollinger Band 7.166
Percent B (%b) 0.92
BandWidth 12.969
MACD Line 0.224
MACD Signal Line 0.223
MACD Histogram 0.0011
Fundamentals Value
Market Cap 1.77 Billion
Num Shares 219 Million
EPS 0.25
Price-to-Earnings (P/E) Ratio 32.85
Price-to-Sales 9.44
Price-to-Book 8.23
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 8.500
Resistance 3 (R3) 8.460 8.280 8.430
Resistance 2 (R2) 8.280 8.173 8.300 8.407
Resistance 1 (R1) 8.180 8.107 8.230 8.220 8.383
Pivot Point 8.000 8.000 8.025 8.020 8.000
Support 1 (S1) 7.900 7.893 7.950 7.940 7.777
Support 2 (S2) 7.720 7.827 7.740 7.753
Support 3 (S3) 7.620 7.720 7.730
Support 4 (S4) 7.660