Technical Analysis for ERD - Erdene Resource Development Corporation
ADX | Long Term | Intermediate Term | Short Term |
---|---|---|---|
Very Strong | Up | Up | Up |
Date | Alert Name | Type | % Chg |
---|---|---|---|
1,2,3 Pullback Bullish | Bullish Swing Setup | 0.00% | |
Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 0.00% | |
Inside Day | Range Contraction | 0.00% | |
Wide Bands | Range Expansion | 0.00% | |
1,2,3 Pullback Bullish | Bullish Swing Setup | 2.86% | |
Non-ADX 1,2,3,4 Bullish | Bullish Swing Setup | 2.86% | |
Wide Bands | Range Expansion | 2.86% | |
Overbought Stochastic | Strength | 2.86% | |
Down 3 Days in a Row | Weakness | 2.86% | |
Calm After Storm | Range Contraction | 0.00% |
Alert | Time |
---|---|
Up 2% | 2 days ago |
Possible Inside Day | 2 days ago |
10 DMA Support | 2 days ago |
Up 1% | 2 days ago |
Down 1% | 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 | 0.265 |
Average Volume | 223,505 |
200-Day Moving Average | 0.420 |
50-Day Moving Average | 0.508 |
20-Day Moving Average | 0.624 |
10-Day Moving Average | 0.703 |
Average True Range | 0.040 |
RSI (14) | 70.67 |
ADX | 54.48 |
+DI | 38.179 |
-DI | 10.393 |
Chandelier Exit (Long, 3 ATRs) | 0.670 |
Chandelier Exit (Short, 3 ATRs) | 0.535 |
Upper Bollinger Bands | 0.810 |
Lower Bollinger Band | 0.438 |
Percent B (%b) | 0.76 |
BandWidth | 59.679 |
MACD Line | 0.069 |
MACD Signal Line | 0.064 |
MACD Histogram | 0.0051 |
Pivot Point Level | Traditional / Classic | Fibonacci | Demark | Woodie | Camarilla |
---|---|---|---|---|---|
Resistance 4 (R4) | 0.765 | ||||
Resistance 3 (R3) | 0.760 | 0.740 | 0.758 | ||
Resistance 2 (R2) | 0.740 | 0.729 | 0.743 | 0.755 | |
Resistance 1 (R1) | 0.730 | 0.721 | 0.735 | 0.735 | 0.752 |
Pivot Point | 0.710 | 0.710 | 0.713 | 0.713 | 0.710 |
Support 1 (S1) | 0.700 | 0.699 | 0.705 | 0.705 | 0.688 |
Support 2 (S2) | 0.680 | 0.691 | 0.683 | 0.685 | |
Support 3 (S3) | 0.670 | 0.680 | 0.683 | ||
Support 4 (S4) | 0.675 |