Technical Analysis for MTC - metalCORP Limited

Grade Last Price % Change Price Change
grade B 0.035 16.67% 0.005
MTC closed up 16.67 percent on Tuesday, August 4, 2020, on 43 percent of normal volume. The price action carved out a bullish hammer (or hammer-like) candlestick pattern. That may indicate an upside reversal. Look for price to trade above the high of the hammer for confirmation. 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.

Trend Table & Recent Signals

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

Date Alert Name Type % Chg
Hammer Candlestick Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 0.00%
Calm After Storm Range Contraction 0.00%
Doji - Bearish? Reversal 0.00%
Doji - Bullish? Reversal 0.00%
Non-ADX 1,2,3,4 Bullish Bullish Swing Setup 16.67%
Upper Bollinger Band Walk Strength 16.67%
Wide Bands Range Expansion 16.67%

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Profile

Metalcorp Limited is a junior exploration company. The Company is engaged in the exploration for mineral deposits in the Northwestern Ontario region of Canada. The Company's properties include Hemlo East (Gold) Property, which consists of over two claim groups, including The Fearless and Python claim groups; Black Bear (Gold) Property, which consists of approximately 20 claims covering over 2,540 hectares situated approximately 20 kilometers northeast of the community of Red Lake; Big Lake Property, which is located approximately 10 kilometers southwest of the Hemlo gold mines, Ontario; Greater North Rock Property, which is located approximately 20 kilometers east of Fort Frances; Pickle Lake Property, which is located over 10 kilometers northeast of the community of the Town of Pickle Lake in North-Western Ontario, and River Gold (Gold) & Moly (Molybdenum) Property, which is located approximately 60 kilometers south of the community of White River in North-western Ontario.
Mining Companies Of Canada Geography Of Canada Ontario Geography Of Ontario Claim Groups Pickle Lake

Is MTC 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 0.035
52 Week Low 0.005
Average Volume 112,365
200-Day Moving Average 0.015
50-Day Moving Average 0.021
20-Day Moving Average 0.023
10-Day Moving Average 0.028
Average True Range 0.005
ADX 14.61
+DI 32.285
-DI 29.001
Chandelier Exit (Long, 3 ATRs ) 0.019
Chandelier Exit (Short, 3 ATRs ) 0.026
Upper Bollinger Band 0.037
Lower Bollinger Band 0.009
Percent B (%b) 0.92
BandWidth 119.313
MACD Line 0.004
MACD Signal Line 0.003
MACD Histogram 0.0012
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.050
Resistance 3 (R3) 0.048 0.042 0.048
Resistance 2 (R2) 0.042 0.038 0.043 0.047
Resistance 1 (R1) 0.038 0.035 0.040 0.040 0.046
Pivot Point 0.032 0.032 0.033 0.033 0.032
Support 1 (S1) 0.028 0.028 0.030 0.030 0.024
Support 2 (S2) 0.022 0.025 0.023 0.023
Support 3 (S3) 0.018 0.022 0.023
Support 4 (S4) 0.020