Technical Analysis for LGO - Largo Resources Ltd.

Grade Last Price % Change Price Change
C 15.51 5.01% 0.740
LGO closed up 5.01 percent on Monday, October 25, 2021, on 1.17 times normal volume. It was able to bounce off of its 200 day moving average, an important long-term support line. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- sideways movement or a pullback should not be unexpected.
Earnings due: Nov 10
*** please verify all earnings dates ***

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up
Historical LGO trend table...

Date Alert Name Type % Chg
200 DMA Support Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Above Upper BB Strength 0.00%
Overbought Stochastic Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Crossed Above 200 DMA Bullish 5.01%
Overbought Stochastic Strength 5.01%
Overbought Stochastic Strength 8.31%
Older End-of-Day Signals for LGO ...

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Up 5% about 18 hours ago
Rose Above 50 DMA about 18 hours ago
Up 1 ATR about 18 hours ago
50 DMA Resistance about 19 hours ago
Up 3% about 20 hours ago
View Earlier Intraday Alerts

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Profile

Largo Resources Ltd. Description

Largo Resources Ltd. is a natural resource development and exploration company. The Company is engaged in the acquisition, exploration, development and operation of mining and exploration properties located in Brazil and Canada. The Company operates through two segments: mine properties, and exploration and evaluation properties. The Company holds interest in the Maracas Menchen Mine property, Currais Novos tungsten tailings property and Campo Alegre de Lourdes iron-vanadium property. The Maracas Menchen Mine property is located in the eastern Bahia State of Brazil. The Currais Novos tungsten tailings property is located approximately 180 kilometers from Natal in the State of Rio Grande do Norte, Brazil. The Campo Alegre de Lourdes property is located approximately 880 kilometers north-northeast of Brasilia and over 650 kilometers northwest of Salvado. In Canada, the Company holds interest in the Northern Dancer tungsten-molybdenum property, located in the Yukon Territory.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Chemistry Physical Sciences Chemical Elements Natural Resource Molybdenum Yukon Vanadium Tungsten Tailings Tungsten Mining Natal Bahia

Is LGO 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 22.96
52 Week Low 0.89
Average Volume 87,106
200-Day Moving Average 14.688
50-Day Moving Average 15.267
20-Day Moving Average 13.644
10-Day Moving Average 14.272
Average True Range 0.648
ADX 20.96
+DI 29.819
-DI 22.845
Chandelier Exit (Long, 3 ATRs) 13.605
Chandelier Exit (Short, 3 ATRs) 14.125
Upper Bollinger Bands 15.318
Lower Bollinger Band 11.970
Percent B (%b) 1.06
BandWidth 24.541
MACD Line -0.110
MACD Signal Line -0.473
MACD Histogram 0.3625
Fundamentals Value
Market Cap 8.74 Billion
Num Shares 564 Million
EPS 0.13
Price-to-Earnings (P/E) Ratio 119.31
Price-to-Sales 4.27
Price-to-Book 2.04
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 16.935
Resistance 3 (R3) 16.790 16.170 16.698
Resistance 2 (R2) 16.170 15.807 16.243 16.618
Resistance 1 (R1) 15.840 15.583 16.005 15.985 16.539
Pivot Point 15.220 15.220 15.303 15.293 15.220
Support 1 (S1) 14.890 14.857 15.055 15.035 14.481
Support 2 (S2) 14.270 14.633 14.343 14.402
Support 3 (S3) 13.940 14.270 14.323
Support 4 (S4) 14.085