Technical Analysis for MKA - Mkango Resources Ltd.

Grade Last Price % Change Price Change
F 0.110 0.00% 0.000
MKA closed up 4.76 percent on Monday, April 15, 2024, on 4 percent of normal volume.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Gapped Up Strength 0.00%
Bollinger Band Squeeze Range Contraction 4.76%
Narrow Range Bar Range Contraction 4.76%
Gapped Down Weakness 4.76%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Bollinger Band Squeeze Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%

   Recent Intraday Alerts

Alert Time
Rose Above Previous Day's High 3 days ago
Rose Above 20 DMA 3 days ago
Rose Above 10 DMA 3 days ago
Up 3% 3 days ago
Up 2% 3 days ago

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Profile

Mkango Resources Ltd. Description

Mkango Resources Ltd. is a rare earth element and associated minerals exploration and development company. The Company has approximately two properties in the Republic of Malawi, Africa, including the Phalombe exploration license (Phalombe License) and the Thambani exploration license (Thambani License). The Phalombe License covers an area of approximately 849.1 square kilometers in southeast Malawi. Its main exploration target is the Songwe Hill deposit, which features carbonatite hosted rare earth mineralization. The Songwe Hill is located in southeastern Malawi, between Lake Chilwa and the Mulanje Massif. The Thambani License covers an area of approximately 470 square kilometers in Thambani, Mwanza District, Malawi. Its exploration activities include acquisition of Landsat7 and ASTER satellite imagery for the license area, systematic ground radiometric surveys to confirm and detail airborne anomalies, reconnaissance geological mapping and litho-geochemical sampling programs.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mineral Minerals Carbon Chemical Mineralization Law Earth Nfi Rare Earth Element

Is MKA 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 0.345
52 Week Low 0.085
Average Volume 23,378
200-Day Moving Average 0.184
50-Day Moving Average 0.138
20-Day Moving Average 0.106
10-Day Moving Average 0.109
Average True Range 0.006
RSI (14) 46.24
ADX 15.55
+DI 41.637
-DI 43.081
Chandelier Exit (Long, 3 ATRs) 0.097
Chandelier Exit (Short, 3 ATRs) 0.113
Upper Bollinger Bands 0.117
Lower Bollinger Band 0.094
Percent B (%b) 0.7
BandWidth 21.611
MACD Line -0.005
MACD Signal Line -0.008
MACD Histogram 0.0026
Fundamentals Value
Market Cap 14.63 Million
Num Shares 133 Million
EPS -0.03
Price-to-Earnings (P/E) Ratio -3.33
Price-to-Sales 0.00
Price-to-Book 2.12
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.110
Resistance 3 (R3) 0.110 0.110 0.110
Resistance 2 (R2) 0.110 0.110 0.110 0.110
Resistance 1 (R1) 0.110 0.110 0.110 0.110 0.110
Pivot Point 0.110 0.110 0.110 0.110 0.110
Support 1 (S1) 0.110 0.110 0.110 0.110 0.110
Support 2 (S2) 0.110 0.110 0.110 0.110
Support 3 (S3) 0.110 0.110 0.110
Support 4 (S4) 0.110