Technical Analysis for EAM - East Africa Metals Inc.

Grade Last Price % Change Price Change
B 0.115 0.00% 0.000
EAM closed unchanged on Thursday, April 25, 2024, on 68 percent of normal volume. 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) -- so don't be surprised if it goes sideways or a pulls back.
Earnings due: May 10
*** please verify all earnings dates ***
0 Watchers
Watchlist Portfolio

Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Stochastic Sell Signal Bearish 0.00%
200 DMA Support Bullish 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Wide Range Bar Range Expansion 0.00%
Wide Bands Range Expansion 0.00%
Overbought Stochastic Strength 0.00%
Gapped Down Weakness 0.00%
Stochastic Sell Signal Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Wide Bands Range Expansion 0.00%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High 10 days ago
Rose Above 200 DMA 10 days ago
Up 3% 10 days ago
Up 2% 10 days ago
Up 1% 10 days ago

Get a Trading Sidekick!

Let us help you stay on top of your investments. We will alert you to important technical developments on your portfolio & watchlist.

Profile

East Africa Metals Inc. Description

East Africa Metals Inc. is a mineral exploration company. The Company is focused on the identification, acquisition, exploration, development and/or sale of base, and precious metal resource properties in Ethiopia and Tanzania. Its mineral assets include the Harvest and the Adyabo Projects in Ethiopia, and the Handeni Properties in Tanzania. It has approximately 70% interest in the Harvest Project, which is located over 600 kilometers north of Ethiopia's capital city of Addis Ababa. The Harvest Project has one exploration license and consists of over three exploration concessions. The Adyabo Project is located approximately 600 kilometers north of Ethiopia's capital city of Addis Ababa and consists of over two exploration licenses. The Handeni property is located approximately 173 kilometers northwest of Dar es Salaam and over 35 kilometers south of the town of Handeni. The Handeni property consists of over two contiguous mineral tenures totaling approximately 83.5 square kilometers.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mineral Metal Mineral Exploration Metals Precious Metal Identification Tanzania Precious Metal Resource Properties East Africa Ethiopia

Is EAM 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 0.19
52 Week Low 0.07
Average Volume 52,277
200-Day Moving Average 0.110
50-Day Moving Average 0.093
20-Day Moving Average 0.099
10-Day Moving Average 0.110
Average True Range 0.006
RSI (14) 64.16
ADX 19.57
+DI 36.364
-DI 43.329
Chandelier Exit (Long, 3 ATRs) 0.097
Chandelier Exit (Short, 3 ATRs) 0.098
Upper Bollinger Bands 0.124
Lower Bollinger Band 0.074
Percent B (%b) 0.81
BandWidth 51.313
MACD Line 0.007
MACD Signal Line 0.006
MACD Histogram 0.0018
Fundamentals Value
Market Cap 21.2 Million
Num Shares 184 Million
EPS -0.02
Price-to-Earnings (P/E) Ratio -5.48
Price-to-Sales 0.00
Price-to-Book 2.21
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.138
Resistance 3 (R3) 0.135 0.125 0.134
Resistance 2 (R2) 0.125 0.119 0.126 0.132
Resistance 1 (R1) 0.120 0.116 0.123 0.123 0.131
Pivot Point 0.110 0.110 0.111 0.111 0.110
Support 1 (S1) 0.105 0.104 0.108 0.108 0.099
Support 2 (S2) 0.095 0.101 0.096 0.098
Support 3 (S3) 0.090 0.095 0.096
Support 4 (S4) 0.093