Technical Analysis for RMD - Richmond Minerals Inc.

Grade Last Price % Change Price Change
F 0.030 -25.00% -0.010
RMD closed down 25.0 percent on Thursday, April 25, 2024, on 36 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 stock fell below its 200 day moving average, damaging its long-term outlook by crossing under that critical trendline.
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Trend Table & Recent EOD Trading Signals

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

Date Alert Name Type % Chg
Fell Below 20 DMA Bearish 0.00%
Fell Below 200 DMA Bearish 0.00%
Fell Below 50 DMA Bearish 0.00%
Narrow Range Bar Range Contraction 0.00%
Inside Day Range Contraction 0.00%
Wide Bands Range Expansion 0.00%
Gapped Down Weakness 0.00%
Crossed Above 20 DMA Bullish -25.00%
Crossed Above 200 DMA Bullish -25.00%
Crossed Above 50 DMA Bullish -25.00%

   Recent Intraday Alerts

Alert Time
Possible Inside Day about 11 hours ago
Down 1 ATR about 13 hours ago
Down 5% about 13 hours ago
Down 3% about 13 hours ago
Down 2% about 13 hours ago

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Profile

Richmond Minerals Inc. Description

Richmond Minerals Inc. is a mineral exploration company. It is engaged in base and precious metal mining and related activities, such as exploration and development in Northern Ontario and Quebec. It focuses on exploration of the Ridley Lake Gold Project located in the heart of central Ontario's Swayze Greenstone Belt. It also has a 50/50 joint venture partnership with Mag Copper Ltd. in two separate exploration projects in Quebec (the Halle Township Property and the Bondy Lake Project). The Ridley Lake Property is located in Rollo and Raney Townships, Porcupine Mining Division or specifically 40 kilometers southwest of the town of Foleyet and over 120 kilometers west-southwest of the city of Timmins. The Ridley Lake Property consists of 154 mining claims in which it holds a 50% interest in the central block of 35 claims, and a 100% interest in the surrounding block of 119 claims. These claims are located within the western portion of the Swayze-Deloro volcano-metasedimentary belt.


Classification

Sector: Basic Materials
Industry: Industrial Metals & Minerals
Keywords: Mining Mineral Gold Metal Copper Mineral Exploration Minerals Precious Metal Stone Ships Mining Division Partnership Greenstone Belt Timmins Northern Ontario Heart Greenstone Belts Richmond Porcupine Mining Division Precious Metal Mining Swayze Greenstone Belt

Is RMD 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 0.08
52 Week Low 0.015
Average Volume 44,123
200-Day Moving Average 0.036
50-Day Moving Average 0.039
20-Day Moving Average 0.035
10-Day Moving Average 0.031
Average True Range 0.008
RSI (14) 48.19
ADX 15.19
+DI 30.928
-DI 29.296
Chandelier Exit (Long, 3 ATRs) 0.020
Chandelier Exit (Short, 3 ATRs) 0.045
Upper Bollinger Bands 0.050
Lower Bollinger Band 0.021
Percent B (%b) 0.31
BandWidth 81.020
MACD Line -0.002
MACD Signal Line -0.002
MACD Histogram -0.0005
Fundamentals Value
Market Cap 4.18 Million
Num Shares 139 Million
EPS 0.00
Price-to-Earnings (P/E) Ratio -7.50
Price-to-Sales 0.00
Price-to-Book 2.49
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