Technical Analysis for MET - Metalore Resources Limited

Grade Last Price % Change Price Change
C 2.950 0.00% 0.000
MET closed up 17.06 percent on Wednesday, November 13, 2024, on 31 percent of normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline. The stock crossed above its 200 day moving average, improving its long-term outlook by crossing above that critical trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Up Up

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 200 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
Narrow Range Bar Range Contraction 0.00%
Earnings Movers Other 0.00%
Wide Bands Range Expansion 0.00%
Gapped Up Strength 0.00%
Up 3 Days in a Row Strength 0.00%
Stochastic Buy Signal Bullish 17.06%

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Profile

Metalore Resources Limited Description

Metalore Resources Limited is a junior resource company. The Company is engaged in the exploration, development and production of natural gas in Southwestern Ontario and in early-stage exploration of precious metals in Northwestern Ontario. The Company owns and/or controls approximately 40,000 acres of petroleum, natural gas and mineral leases in Charlotteville, Walsingham and Houghton townships in Norfolk County, Ontario. It produces natural gas from over 80 wells in approximately two townships in Norfolk County, Ontario. The Company holds interest in Beardmore/Geraldton Gold properties, located in Northwestern Ontario, approximately 180 kilometers northeast of Thunder Bay, Ontario. The Company holds interest in the Cedartree Lake Gold Property (CLG), which consists of over 200 claim units that cover approximately 8,000 acres. The CLG Property is located approximately 80 kilometers southeast of the town of Kenora, Ontario, over 20 kilometers southeast of Sioux Narrows.


Classification

Sector: Energy
Industry: Oil & Gas E&P
Keywords: Mineral Gold Metal Metals Natural Gas Precious Metal Petroleum Precious Metals Ships Northwestern Ontario Cedar Beardmore Dart Siou

Is MET 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 3.5
52 Week Low 2.15
Average Volume 983
200-Day Moving Average 2.590
50-Day Moving Average 2.810
20-Day Moving Average 2.685
10-Day Moving Average 2.456
Average True Range 0.147
RSI (14) 57.81
ADX 14.11
+DI 55.082
-DI 39.915
Chandelier Exit (Long, 3 ATRs) 2.559
Chandelier Exit (Short, 3 ATRs) 2.641
Upper Bollinger Bands 3.271
Lower Bollinger Band 2.099
Percent B (%b) 0.73
BandWidth 43.620
MACD Line -0.098
MACD Signal Line -0.106
MACD Histogram 0.0077
Fundamentals Value
Market Cap 5.24 Million
Num Shares 1.78 Million
EPS 0.12
Price-to-Earnings (P/E) Ratio 25.00
Price-to-Sales 5.87
Price-to-Book 0.59
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 2.950
Resistance 3 (R3) 2.950 2.950 2.950
Resistance 2 (R2) 2.950 2.950 2.950 2.950
Resistance 1 (R1) 2.950 2.950 2.950 2.950 2.950
Pivot Point 2.950 2.950 2.950 2.950 2.950
Support 1 (S1) 2.950 2.950 2.950 2.950 2.950
Support 2 (S2) 2.950 2.950 2.950 2.950
Support 3 (S3) 2.950 2.950 2.950
Support 4 (S4) 2.950