Technical Analysis for ML - Millennial Lithium Corp.

Grade Last Price % Change Price Change
grade C 1.06 6.00% 0.060
ML closed up 6.0 percent on Monday, July 6, 2020, on 2.09 times normal volume. The stock rose above its 50 day moving average, improving its intermediate-term outlook by crossing above that important trendline.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
Stochastic Buy Signal Bullish 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Outside Day Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 6.00%
Narrow Range Bar Range Contraction 6.00%
Oversold Stochastic Weakness 6.00%

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Profile

Millennial Lithium Corp, formerly Redhill Resources Corp, is a Canada-based exploration and development company. The Company is focused on lithium assets located in Argentina. The Company owns interests in Pastos Grandes Lithium Project. The Pastos Grandes Lithium Project is an advanced-stage development project located within the Lithium Triangle. The project is located in the Los Andes Department, in the Central portion of the Puna Block of Salta Province, northwestern Argentina. The project consists of the following mineral property concessions: Jorge Eduardo, Neptali II, El Milagrano and Norte Argentino. It covers a surface area of over 1,000 hectares. The Company owns Cauchari East Lithium Project in Jujuy Province, Argentina. It covers an area of approximately 3,000 hectares on the eastern side of the Cauchari-Olaroz Salar. The Company also owns Lincoln Lithium Property, which covers an area of approximately 3,000 acres of placer claims in the Big Smoky Valley, Nevada.
Physical Sciences Lithium Advantage Lithium Geography Of Argentina Orocobre Cauchari Jujuy Province Volcanoes

Is ML 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 1.7
52 Week Low 0.61
Average Volume 14,838
200-Day Moving Average 1.149
50-Day Moving Average 1.035
20-Day Moving Average 1.057
10-Day Moving Average 1.036
Average True Range 0.068
ADX 9.27
+DI 25.819
-DI 20.601
Chandelier Exit (Long, 3 ATRs ) 0.966
Chandelier Exit (Short, 3 ATRs ) 1.174
Upper Bollinger Band 1.157
Lower Bollinger Band 0.956
Percent B (%b) 0.52
BandWidth 19.101
MACD Line -0.007
MACD Signal Line -0.001
MACD Histogram -0.0058
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.195
Resistance 3 (R3) 1.180 1.120 1.173
Resistance 2 (R2) 1.120 1.086 1.128 1.165
Resistance 1 (R1) 1.090 1.064 1.105 1.105 1.157
Pivot Point 1.030 1.030 1.038 1.038 1.030
Support 1 (S1) 1.000 0.996 1.015 1.015 0.963
Support 2 (S2) 0.940 0.974 0.948 0.955
Support 3 (S3) 0.910 0.940 0.948
Support 4 (S4) 0.925