Technical Analysis for GRDM - Grid Metals Corp.

Grade Last Price % Change Price Change
grade B 0.195 8.33% 0.015
GRDM closed up 8.33 percent on Tuesday, February 18, 2020, on 2.15 times normal volume. The bulls were able to push the stock to a new 52-week high. The price action carved out a bearish shooting star candlestick pattern. That may indicate a downside reversal. Look for price to trade beneath the low of the shooting star for confirmation.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Up Up Up
Historical GRDM trend table...

Date Alert Name Type % Chg
Shooting Star Candlestick Bearish 0.00%
Lizard Bearish Bearish Day Trade Setup 0.00%
New 52 Week High Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Shooting Star Candlestick Bearish 8.33%
Lizard Bearish Bearish Day Trade Setup 8.33%
Volume Surge Other 8.33%
Upper Bollinger Band Touch Strength 8.33%
Wide Bands Range Expansion 2.63%
Wide Bands Range Expansion 11.43%

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Profile

Grid Metals Corp, formerly Mustang Minerals Corp, is a Canada-based exploration development company. It focuses on the exploration and development of metals used in the electric vehicle battery sector. It has a diversified portfolio of projects in the nickel-copper-platinum group element (PGE) and lithium-rare metals sectors. The Company owns the mineral rights to the Makwa Mayville Nickel Copper Project and the Mayville Lithium Project both located in the Bird River Greenstone Belt in southeast Manitoba, Canada. The Company also controls mineral rights at the East Bull Lake Property west of Sudbury, Ontario, Canada prospective for platinum group metals (PGM) and the Bannockburn Nickel Property near Matachewan, Ontario, Canada.
Chemistry Physical Sciences Economic Geology Chemical Elements Cobalt Transition Metals Nickel Dietary Minerals Ferromagnetic Materials Platinum Group Matachewan Greater Sudbury

Is GRDM 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 0.21
52 Week Low 0.045
Average Volume 147,446
200-Day Moving Average 0.115
50-Day Moving Average 0.128
20-Day Moving Average 0.172
10-Day Moving Average 0.180
Average True Range 0.017
ADX 41.19
+DI 39.867
-DI 12.844
Chandelier Exit (Long, 3 ATRs ) 0.158
Chandelier Exit (Short, 3 ATRs ) 0.182
Upper Bollinger Band 0.197
Lower Bollinger Band 0.146
Percent B (%b) 0.96
BandWidth 29.971
MACD Line 0.016
MACD Signal Line 0.016
MACD Histogram -0.0002
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.225
Resistance 3 (R3) 0.227 0.218 0.220
Resistance 2 (R2) 0.218 0.211 0.218 0.218
Resistance 1 (R1) 0.207 0.206 0.213 0.205 0.217
Pivot Point 0.198 0.198 0.201 0.198 0.198
Support 1 (S1) 0.187 0.191 0.193 0.185 0.173
Support 2 (S2) 0.178 0.186 0.178 0.172
Support 3 (S3) 0.167 0.178 0.170
Support 4 (S4) 0.165