Technical Analysis for ERD - Erdene Resource Development Corporation
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Weak or Absent | Up | Down | Down |
Date | Alert Name | Type | % Chg |
---|---|---|---|
20 DMA Resistance | Bearish | 0.00% | |
MACD Bearish Centerline Cross | Bearish | 0.00% | |
Inside Day | Range Contraction | 0.00% | |
Gapped Up | Strength | 0.00% | |
Fell Below 20 DMA | Bearish | 2.44% | |
MACD Bearish Signal Line Cross | Bearish | 2.44% | |
Expansion Pivot Sell Setup | Bearish Swing Setup | 2.44% | |
Gapped Up | Strength | 2.44% | |
Fell Below 50 DMA | Bearish | -2.33% | |
50 DMA Support | Bullish | -4.55% |
Alert | Time |
---|---|
20 DMA Resistance | about 8 hours ago |
Possible Inside Day | about 9 hours ago |
Rose Above 20 DMA | about 12 hours ago |
Up 1 ATR | about 12 hours ago |
Up 3% | about 12 hours ago |
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- Earnings date: 2024-07-31
Erdene Resource Development Corporation Description
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.
Classification
Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Gold Metal Copper Silver Metals Precious Metal Precious Metals Molybdenum Porphyry Porphyry Copper Deposit Polymetal Mongolia East Asia Ulaanbaatar Teck Resources
Indicator | Bull Case | Neutral / Hold | Bear Case |
---|---|---|---|
50 DMA | |||
200 DMA | |||
ADX Trend | |||
Oversold / Overbought | |||
Relative Strength |
Indicator | Value |
---|---|
52 Week High | 0.52 |
52 Week Low | 0.265 |
Average Volume | 124,375 |
200-Day Moving Average | 0.371 |
50-Day Moving Average | 0.437 |
20-Day Moving Average | 0.426 |
10-Day Moving Average | 0.430 |
Average True Range | 0.017 |
RSI (14) | 47.92 |
ADX | 15.12 |
+DI | 15.898 |
-DI | 27.057 |
Chandelier Exit (Long, 3 ATRs) | 0.400 |
Chandelier Exit (Short, 3 ATRs) | 0.450 |
Upper Bollinger Bands | 0.450 |
Lower Bollinger Band | 0.401 |
Percent B (%b) | 0.39 |
BandWidth | 11.516 |
MACD Line | 0.000 |
MACD Signal Line | 0.000 |
MACD Histogram | -0.0007 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 0.435 | ||||
Resistance 3 (R3) | 0.437 | 0.433 | 0.433 | ||
Resistance 2 (R2) | 0.433 | 0.430 | 0.433 | 0.432 | |
Resistance 1 (R1) | 0.427 | 0.427 | 0.425 | 0.425 | 0.431 |
Pivot Point | 0.423 | 0.423 | 0.423 | 0.423 | 0.423 |
Support 1 (S1) | 0.417 | 0.420 | 0.415 | 0.415 | 0.409 |
Support 2 (S2) | 0.413 | 0.417 | 0.413 | 0.408 | |
Support 3 (S3) | 0.407 | 0.413 | 0.408 | ||
Support 4 (S4) | 0.405 |