Technical Analysis for NER - Newmac Resources Inc

Grade Last Price % Change Price Change
grade F 0.03 -53.85% -0.035
NER closed down 53.85 percent on Wednesday, May 27, 2020, on 19 percent of normal volume. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline. The bears made the stock sink to a new 52-week low.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Down Down
Historical NER trend table...

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
New 52 Week Closing Low Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
New 52 Week Low Weakness 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Crossed Above 20 DMA Bullish -53.85%
Crossed Above 50 DMA Bullish -53.85%

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Profile

Newmac Resources Inc. (Newmac) is a Canada-based exploration company. The Company is engaged in the acquisition, exploration and development of mineral resource properties. Its geographic segments include Canadian and China. The Canadian operations are involved in the acquisition and exploration of mineral properties. The China operations are involved in the design and sales of clothing in China. The properties in which the Company has an interest are in the exploration stage. Its operations consist of mineral exploration and evaluation of property acquisitions. Its operations consist of mineral exploration and evaluation of property acquisitions. The Company is focused on the exploration and development of the Crazy Fox Property. Its Crazy Fox Moybdenum-Tungsten property is located approximately 100 kilometers north of Kamloops, British Columbia and on the eastern edge of the caribou plateau over 20 kilometers northwest of Little Fort.
Mining Mining Companies Of Canada Mineral Exploration

Is NER 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 0.095
52 Week Low 0.03
Average Volume 10,333
200-Day Moving Average 0.000
50-Day Moving Average 0.063
20-Day Moving Average 0.053
10-Day Moving Average 0.054
Average True Range 0.011
ADX 16.5
+DI 42.848
-DI 49.310
Chandelier Exit (Long, 3 ATRs ) 0.056
Chandelier Exit (Short, 3 ATRs ) 0.064
Upper Bollinger Band 0.077
Lower Bollinger Band 0.029
Percent B (%b) 0.01
BandWidth 89.434
MACD Line -0.004
MACD Signal Line -0.003
MACD Histogram -0.0007
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.030
Resistance 3 (R3) 0.030 0.030 0.030
Resistance 2 (R2) 0.030 0.030 0.030 0.030
Resistance 1 (R1) 0.030 0.030 0.030 0.030 0.030
Pivot Point 0.030 0.030 0.030 0.030 0.030
Support 1 (S1) 0.030 0.030 0.030 0.030 0.030
Support 2 (S2) 0.030 0.030 0.030 0.030
Support 3 (S3) 0.030 0.030 0.030
Support 4 (S4) 0.030