Technical Analysis for BMK - MacDonald Mines Exploration Ltd.

Grade Last Price % Change Price Change
grade B 0.11 10.00% 0.010
BMK closed up 10.0 percent on Wednesday, October 23, 2019, on approximately normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation.

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

Date Alert Name Type % Chg
Crossed Above 50 DMA Bullish 0.00%
Hammer Candlestick Bullish 0.00%
Lizard Bullish Bullish Day Trade Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Lower Bollinger Band Touch Weakness 0.00%
Fell Below 50 DMA Bearish 10.00%
New Downtrend Bearish 10.00%
Volume Surge Other 10.00%

Older signals for BMK ...

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Profile
MacDonald Mines Exploration Ltd. is a mineral exploration company. The Company is engaged in the identification, acquisition and exploration of mineral properties. The Company focuses on the Ring of Fire in James Bay (Butler) property, Ontario. The Butler property is a volcanogenic massive sulfide (VMS)-focused study area, with approximately four zinc-copper VMS centers of mineralization. The Butler property consists of approximately three distinct VMS-type zones spaced along the statigraphic horizon. The Butler property has approximately 70 contiguous mining claims, covering an area of approximately 180 square kilometers. Its targeted commodities include VMS, copper, zinc, magmatic massive sulfides (MMS), nickel, platinum-group elements (PGE) and vanadium.
Mining Economic Geology Geology Vms Volcanogenic Massive Sulfide Ore Deposit Contiguous Mining Claims Admiralty Mining District
Is BMK a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 1 bearish and 1 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 0.21
52 Week Low 0.025
Average Volume 673,343
200-Day Moving Average 0.0569
50-Day Moving Average 0.1088
20-Day Moving Average 0.151
10-Day Moving Average 0.1605
Average True Range 0.0207
ADX 54.07
+DI 26.6482
-DI 29.1811
Chandelier Exit (Long, 3 ATRs ) 0.1479
Chandelier Exit (Short, 3 ATRs ) 0.1521
Upper Bollinger Band 0.2054
Lower Bollinger Band 0.0966
Percent B (%b) 0.12
BandWidth 72.05298
MACD Line 0.0079
MACD Signal Line 0.0173
MACD Histogram -0.0095
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.140
Resistance 3 (R3) 0.137 0.123 0.135
Resistance 2 (R2) 0.123 0.116 0.125 0.133
Resistance 1 (R1) 0.117 0.111 0.120 0.120 0.132
Pivot Point 0.103 0.103 0.105 0.105 0.103
Support 1 (S1) 0.097 0.096 0.100 0.100 0.088
Support 2 (S2) 0.083 0.091 0.085 0.087
Support 3 (S3) 0.077 0.083 0.085
Support 4 (S4) 0.080