Technical Analysis for ERD - Erdene Resource Development Corporation

Grade Last Price % Change Price Change
grade D 0.19 0.00% 0.000
ERD closed unchanged on Tuesday, October 22, 2019, on 9 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 Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Down Down Down
See historical ERD trend table...

Date Alert Name Type % Chg
Narrow Range Bar Range Contraction 0.00%
Stochastic Reached Oversold Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Fell Below 20 DMA Bearish -2.56%
Hammer Candlestick Bullish -2.56%
Lizard Bullish Bullish Day Trade Setup -2.56%
Narrow Range Bar Range Contraction -2.56%

Older signals for ERD ...

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Profile
Erdene Resource Development Corporation is a Canada-based resource company focused on the acquisition, exploration and development of base and precious metals in Mongolia. The Company holds approximately four exploration licenses covering approximately 10,730 hectares and a mining license covering over 6,040 hectares. These include Altan Nar, a gold-polymetallic project that the Company is advancing toward a production decision; Bayan Khundii, an earlier-stage gold discovery; Khuvyn Khar, an early-stage copper-silver porphyry project with multiple drill targets and copper intersections; Zuun Mod, a molybdenum-copper porphyry deposit, and Altan Arrow, an early-stage gold-silver project. The Zuun Mod property is located in Bayankhongor Province southwest of Ulaanbaatar. In addition, the Company has an alliance with Teck Resources Limited on regional, copper-gold exploration in the Trans Altay region of southwest Mongolia.
Mining Countries Porphyry Copper Deposit Geography Of Asia East Asia Mongolia Ulaanbaatar
Is ERD 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.
Indicators
Indicator Value
52 Week High 0.28
52 Week Low 0.16
Average Volume 103,822
200-Day Moving Average 0.212
50-Day Moving Average 0.2163
20-Day Moving Average 0.2
10-Day Moving Average 0.2
Average True Range 0.0099
ADX 21.16
+DI 23.3164
-DI 35.6988
Chandelier Exit (Long, 3 ATRs ) 0.1803
Chandelier Exit (Short, 3 ATRs ) 0.2097
Upper Bollinger Band 0.2145
Lower Bollinger Band 0.1855
Percent B (%b) 0.16
BandWidth 14.5
MACD Line -0.0054
MACD Signal Line -0.0052
MACD Histogram -0.0002
Fundamentals Value
Market Cap 27.73 Million
Num Shares 146 Million
EPS -0.03
Price-to-Earnings (P/E) Ratio -6.33
Price-to-Sales 0.00
Price-to-Book 5.59
PEG Ratio 0.00
Dividend 0.00
Dividend Yield 0.00%
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.190
Resistance 3 (R3) 0.190 0.190 0.190
Resistance 2 (R2) 0.190 0.190 0.190 0.190
Resistance 1 (R1) 0.190 0.190 0.190 0.190 0.190
Pivot Point 0.190 0.190 0.190 0.190 0.190
Support 1 (S1) 0.190 0.190 0.190 0.190 0.190
Support 2 (S2) 0.190 0.190 0.190 0.190
Support 3 (S3) 0.190 0.190 0.190
Support 4 (S4) 0.190