Technical Analysis for RML - Rusoro Mining Ltd.

Grade Last Price % Change Price Change
grade F 0.04 0.00% 0.000
RML closed unchanged on Tuesday, August 4, 2020, on approximately normal volume. Due to the stock's strong downtrend, it may remain oversold for a while. So, if you're looking for a reason to buy, don't put too much weight on it being oversold.

Trend Table & Recent Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down
Historical RML trend table...

Date Alert Name Type % Chg
1,2,3 Retracement Bearish Bearish Swing Setup 0.00%
Boomer Sell Setup Bearish Swing Setup 0.00%
Non-ADX 1,2,3,4 Bearish Bearish Swing Setup 0.00%
Narrow Range Bar Range Contraction 0.00%
Lower Bollinger Band Walk Weakness 0.00%
Oversold Stochastic Weakness 0.00%
MACD Bearish Signal Line Cross Bearish 0.00%
Boomer Sell Setup Bearish Swing Setup 0.00%
Volume Surge Other 0.00%
Narrow Range Bar Range Contraction 0.00%

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Profile

Rusoro Mining Ltd. is a Canada-based company engaged in the acquisition, exploration, development and operation of gold mineral properties. The principal business activities of the Company are the operation and development of gold mining and mineral properties. The Company's operating segments include corporate results in Canada and Venezuela. The Company is a gold producer and explorer, with a land position in the Bolivar State mining region in southern Venezuela. The Company received mining concessions in Venezuela for the exploration, development and exploitation of alluvial and vein gold. It has gold reserves of approximately 5,584,000 ounces and inferred resources of over 6,805,000 ounces. The Company has not generated any revenues. The Company's subsidiaries include Asterville International Corporation AVV, Balandria Limited, General Mining de Guayana C.A, International Gold & Silver BV, Inversiones Yuruan C.A., Carisma Corporation AVV and Cerenex Financial AVV.
Mining Mining Companies Of Canada Gold Mining Gold Producer

Is RML 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 0.085
52 Week Low 0.04
Average Volume 474,848
200-Day Moving Average 0.055
50-Day Moving Average 0.053
20-Day Moving Average 0.046
10-Day Moving Average 0.044
Average True Range 0.003
ADX 37.89
+DI 14.661
-DI 39.606
Chandelier Exit (Long, 3 ATRs ) 0.045
Chandelier Exit (Short, 3 ATRs ) 0.050
Upper Bollinger Band 0.052
Lower Bollinger Band 0.039
Percent B (%b) 0.06
BandWidth 27.253
MACD Line -0.003
MACD Signal Line -0.003
MACD Histogram -0.0002
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 0.040
Resistance 3 (R3) 0.040 0.040 0.040
Resistance 2 (R2) 0.040 0.040 0.040 0.040
Resistance 1 (R1) 0.040 0.040 0.040 0.040 0.040
Pivot Point 0.040 0.040 0.040 0.040 0.040
Support 1 (S1) 0.040 0.040 0.040 0.040 0.040
Support 2 (S2) 0.040 0.040 0.040 0.040
Support 3 (S3) 0.040 0.040 0.040
Support 4 (S4) 0.040