Technical Analysis for SALT - Atlas Salt Inc

Grade Last Price % Change Price Change
F 1.070 -6.96% -0.080
SALT closed down 6.96 percent on Wednesday, March 22, 2023, on 41 percent of 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 EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Strong Down Down Down

Date Alert Name Type % Chg
New 52 Week Closing Low Bearish 0.00%
180 Bearish Setup Bearish Swing Setup 0.00%
Wide Bands Range Expansion 0.00%
Oversold Stochastic Weakness 0.00%
Lower Bollinger Band Walk Weakness -6.96%
Wide Bands Range Expansion -6.96%
Oversold Stochastic Weakness -6.96%
New 52 Week Closing Low Bearish -2.73%
NR7 Range Contraction -2.73%
Narrow Range Bar Range Contraction -2.73%

   Recent Intraday Alerts -- Get these alerts pushed to you via our Mobile App

Alert Time
Possible Inside Day about 10 hours ago
Possible NR7 about 10 hours ago
Down 3% about 11 hours ago
Down 2% about 14 hours ago
Down 1% about 14 hours ago

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Profile

Atlas Salt Inc., a junior mineral exploration company, engages in the acquisition, evaluation, and exploration of mineral properties in Newfoundland and Labrador, Canada. The company explores for potash, salt, gypsum, and other mineral deposits. It holds 100% interest in the Great Atlantic salt project in the Bay St. George Basin of Western Newfoundland. The company was formerly known as Red Moon Resources Inc. and changed its name to Atlas Salt Inc. in August 2021. Atlas Salt Inc. was founded in 2011 and is headquartered in St. John's, Canada. Atlas Salt Inc. is a subsidiary of Vulcan Minerals Inc.
Classification

Sector: Basic Materials
Industry: Other Industrial Metals & Mining
Keywords: Minerals Evaporite Alabaster Gypsum

Is SALT 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 4.45
52 Week Low 1.07
Average Volume 292,116
200-Day Moving Average 2.232
50-Day Moving Average 1.622
20-Day Moving Average 1.318
10-Day Moving Average 1.195
Average True Range 0.118
RSI 31.03
ADX 29.42
+DI 12.096
-DI 26.322
Chandelier Exit (Long, 3 ATRs) 1.255
Chandelier Exit (Short, 3 ATRs) 1.425
Upper Bollinger Bands 1.606
Lower Bollinger Band 1.030
Percent B (%b) 0.07
BandWidth 43.703
MACD Line -0.140
MACD Signal Line -0.128
MACD Histogram -0.0122
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 1.190
Resistance 3 (R3) 1.203 1.177 1.170
Resistance 2 (R2) 1.177 1.146 1.170 1.163
Resistance 1 (R1) 1.123 1.127 1.110 1.110 1.157
Pivot Point 1.097 1.097 1.090 1.090 1.097
Support 1 (S1) 1.043 1.066 1.030 1.030 0.983
Support 2 (S2) 1.017 1.047 1.010 0.977
Support 3 (S3) 0.963 1.017 0.970
Support 4 (S4) 0.950