Technical Analysis for ERD - Erdene Resource Development Corporation
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Strong | Up | Down | Flat |
Date | Alert Name | Type | % Chg |
---|---|---|---|
NR7 | Range Contraction | 0.00% | |
Narrow Range Bar | Range Contraction | 0.00% | |
Lower Bollinger Band Walk | Weakness | 0.00% | |
Gapped Up | Strength | 0.00% | |
Up 3 Days in a Row | Strength | 0.00% | |
Oversold Stochastic | Weakness | 0.00% | |
Lower Bollinger Band Walk | Weakness | 5.17% | |
Gapped Down | Weakness | 5.17% | |
Lower Bollinger Band Touch | Weakness | 5.17% | |
Oversold Stochastic | Weakness | 5.17% |
Alert | Time |
---|---|
10 DMA Resistance | 1 day ago |
Possible NR7 | 1 day ago |
Rose Above 10 DMA | 1 day ago |
Up 5% | 1 day ago |
1.5x Volume Pace | 2 days ago |
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- Earnings date: 2024-11-07
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 | 0.79 |
52 Week Low | 0.29 |
Average Volume | 247,916 |
200-Day Moving Average | 0.460 |
50-Day Moving Average | 0.616 |
20-Day Moving Average | 0.644 |
10-Day Moving Average | 0.607 |
Average True Range | 0.032 |
RSI (14) | 46.24 |
ADX | 28.15 |
+DI | 23.012 |
-DI | 24.271 |
Chandelier Exit (Long, 3 ATRs) | 0.643 |
Chandelier Exit (Short, 3 ATRs) | 0.647 |
Upper Bollinger Bands | 0.733 |
Lower Bollinger Band | 0.554 |
Percent B (%b) | 0.31 |
BandWidth | 27.817 |
MACD Line | -0.016 |
MACD Signal Line | -0.004 |
MACD Histogram | -0.0115 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 0.625 | ||||
Resistance 3 (R3) | 0.623 | 0.617 | 0.623 | ||
Resistance 2 (R2) | 0.617 | 0.613 | 0.618 | 0.622 | |
Resistance 1 (R1) | 0.613 | 0.610 | 0.615 | 0.615 | 0.621 |
Pivot Point | 0.607 | 0.607 | 0.608 | 0.608 | 0.607 |
Support 1 (S1) | 0.603 | 0.603 | 0.605 | 0.605 | 0.599 |
Support 2 (S2) | 0.597 | 0.600 | 0.598 | 0.598 | |
Support 3 (S3) | 0.593 | 0.597 | 0.598 | ||
Support 4 (S4) | 0.595 |