Technical Analysis for NIP - Nippon Dragon Resources Inc.

Grade Last Price % Change Price Change
grade A 0.03 50.00% 0.010
NIP closed up 50.0 percent on Thursday, October 10, 2019, on 24 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.

Trend Table & Recent Signals
ADX Long-Term Intermediate-Term Short-Term
Weak or Absent Up Up Up
See historical NIP trend table...

Date Alert Name Type % Chg
Crossed Above 200 DMA Bullish 0.00%
Crossed Above 20 DMA Bullish 0.00%
Crossed Above 50 DMA Bullish 0.00%
MACD Bullish Signal Line Cross Bullish 0.00%
180 Bullish Setup Bullish Swing Setup 0.00%
Expansion Breakout Bullish Swing Setup 0.00%
Expansion Pivot Buy Setup Bullish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Fell Below 200 DMA Bearish 50.00%
Fell Below 20 DMA Bearish 50.00%

Older signals for NIP ...

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Profile
Nippon Dragon Resources Inc. is an exploration-stage company. The Company specializes in the exploration of metal in mining sites located in Quebec. It operates through exploration and evaluation segment. It is engaged in the distribution of its thermal fragmentation mining technology, including the rental of the necessary equipment, the necessary training to operate the equipment, and the distribution and promotion of its method. Its projects include Rocmec 1, Denain and Courville. The Rocmec 1 project is located in the Dasserat Township, Province of Quebec on the shores of the Labyrinthe Lake. The Denain project encompasses over two contiguous mining properties totaling approximately 20 mining titles and is located approximately 60 kilometers east of Val d'Or, Quebec. The Courville-Maruska project is located in the Courville Township, approximately 32 kilometers northeast of Val-d'Or, Quebec. The property comprises approximately 20 mining claims covering an area of over 800 hectares.
Mining Quebec Metal Eastern Canada Val D'or
Is NIP a Buy, Sell or Hold?
Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength
Summary: Counts: 3 bullish, 0 bearish and 2 neutral indicators. You may wish to incorporate that into your trading strategies.
Indicators
Indicator Value
52 Week High 0.05
52 Week Low 0.01
Average Volume 70,041
200-Day Moving Average 0.0222
50-Day Moving Average 0.0249
20-Day Moving Average 0.0248
10-Day Moving Average 0.027
Average True Range 0.0042
ADX 18.33
+DI 39.7284
-DI 25.9762
Chandelier Exit (Long, 3 ATRs ) 0.0174
Chandelier Exit (Short, 3 ATRs ) 0.0326
Upper Bollinger Band 0.0328
Lower Bollinger Band 0.0168
Percent B (%b) 0.83
BandWidth 64.516129
MACD Line 0.0007
MACD Signal Line 0.0005
MACD Histogram 0.0002
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.038
Resistance 3 (R3) 0.037 0.033 0.036
Resistance 2 (R2) 0.033 0.031 0.034 0.036
Resistance 1 (R1) 0.032 0.030 0.033 0.033 0.035
Pivot Point 0.028 0.028 0.029 0.029 0.028
Support 1 (S1) 0.027 0.026 0.028 0.028 0.025
Support 2 (S2) 0.023 0.025 0.024 0.024
Support 3 (S3) 0.022 0.023 0.024
Support 4 (S4) 0.023