Technical analysis from Neometals (NMT.AX.AX, ASX:NMT.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Neometals
+ Share

The current price is now gaining momentum through a rise for NMT on the short term EMA.
Percentage Price /
The current price is now gaining momentum through a rise for NMT on the short term EMA.

[BULLISH CROSSOVER]: Neometals currently has positive PPO 1.900%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

NMT: Short term trend is still an Downtrend
Short Trend /
NMT: Short term trend is still an Downtrend

[BEARISH]: Neometals is in a downtrend in the short term timeframe. The sellers have dominated the daily trade, however further confirmation is required before taking a position

Opening Price /
Weak opening from NMT has seen an decrease of -5.3 % [Downtrend]

[BEARISH]: Neometals opening price has gapped down. Currently, the OPEN is $0.445 (-5.3 %).

Moving Average Envelope /
Closing price ($0.425) for NMT is still below the Lower Envelope Band

[BULLISH]: Neometals current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 0.3990.

Sine Weighted Moving Average /
[Bearish]: Trend following indicator for NMT highlights downward price direction is likely

[BEARISH]: Neometals currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -5.6%.

Pivot Points /
Neometals: Look for a short limit order entry @$0.415

Neometals has broken the first support point ($0.415) [Bearish]. Look for a short limit order entry near this point. Exit price for NMT should be set @$0.405 & short position stoploss for Neometals should be set between $0.455 & $0.465

Top companies for
Australian Stock Exchange
Advertisment
Elder Ray Index /
Buying pressure for NMT highlights ability of buyers to drive the price upwards

[BULLISH]: NeometalsElder Ray Index is signalling a Bullish movementERI is 0.003 indicating bull power. Prices are being driven above the consensus of value for NMT during the last trading session [Buying Pressure]

[Bearish]: Lower volume has formed for NMT by -26.9 during the last trading session
Volume /
[Bearish]: Lower volume has formed for NMT by -26.9 during the last trading session

[BEARISH]: Neometals current volume downtrend in the first timeframe. Volume for NMT is1.31594e+006 (-26.9).

William %R (-75) for NMT is now above the oversold limit
Williams %R /
William %R (-75) for NMT is now above the oversold limit

NMT: William %R Recent Trading -> (1) 11 Jan: -75 (2) 11 Jan: -93.5 (3) 11 Jan: -57.1

Stochastic Oscillator /
Neometals is still oversold with the Stochastic Oscillator @25

NMT: Stochastic Oscillator Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: BULLISH CROSSUNDER

Black Candle /
NMT Basic Candle: Black

[BEARISH]: Neometals has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Accumulation / Distribution /
Traders are currently Distributing Neometals

[BEARISH]: Neometals current distribution has given weakness to the share price and the continuation of bearish trading conditions.

Neometals: Daily price range is 0.025 [Downtrend]
Price Range /
Neometals: Daily price range is 0.025 [Downtrend]

[BEARISH]: Neometals current downtrend in the first timeframe. Currently, the Range is $0.025.

[Downtrend]: Recent trading for NMT indicates ST trend is likely to continue
Simple Moving Average /
[Downtrend]: Recent trading for NMT indicates ST trend is likely to continue

[BULLISH]: Neometals currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -5.6%.

Average Directional Movement /
Average Directional Index for Neometals has signalled a weak trend is active

[Weak Trend]: ADX for NMT has confirmed a weak trend is presentNeometals has an ATR(14) of 0.019, a DX of 4.23 & an ADX(14) of 23.55

Average True Range /
Average True Range for Neometals has signalled an downtrend is active

[Bearish]: Average True Range has confirmed an downtrend is present. Neometals has a TR of 0.03, and an ATR(14) of 0.019.

Detrended Price Oscillator /
Price is now above the displaced moving average for NMT [Bullish]

[BULLISH]: Neometals currently has a confirmed uptrend. Price is currently above the displaced moving average for NMTCurrently, the return on DPO20 is -5.6%.

Neometals: Ease of Movement(-0.038)
Ease of Movement /
Neometals: Ease of Movement(-0.038)

NMT: EOM Current Signal -> (1) 11 Jan: BEARISH HARD (2) 11 Jan: BEARISH HARD (3) 11 Jan: BEARISH HARD

The daily battle of control for Neometals was won again by the sellers
Close Tod Vs Range Tod /
The daily battle of control for Neometals was won again by the sellers

NMT: Close versus price range Current Signal ->(1) 11 Jan: BEARISH (2) 11 Jan: NEUTRAL (3) 11 Jan: NEUTRAL

Neometals: Look for a long limit order entry @$3.93
Fibonacci Extensions /
Neometals: Look for a long limit order entry @$3.93

Neometals has moved below the 161.8% level ($3.93) [Bullish]. Look for a long limit order entry near this point. Exit price for NMT should be set @$3.91 & Stoploss for Neometals should be set at $3.95

Rate of Change /
Negative ROC for Neometals is a leading indicator for continued price fall

[BEARISH]: Neometals currently has negative rate of change of -1.2%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Commodity Channel Index /
NMT is no longer oversold @ 0

[NEUTRAL]: Neometals current trading has closed out Commodity Channel Index to oversold status and signalled the initiation of normal trading conditions. Currently, the CCI is 0. The previous bullish signal was active for 0 day. During the quarter, the lowest CCI value was 0.

Camarilla Pivot Points /
Short positions for Neometals should be set between $0.43 & $0.389

Neometals has broken the first Camarilla support point ($0.389) [Bearish]. Look for a short limit order entry near this point. Exit price for NMT should be set @$0.353 & short position stoploss for Neometals should be set between $0.497 & $0.533

Triangular Moving Average /
[Bearish]: TMA(5) is serving as a resistance line for Neometals

[BEARISH]: Neometals currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -5.6%.

Neometals opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 20%. This suggests the sellers were in control all day.
Open Tod Vs Close Tod /
Neometals opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 20%. This suggests the sellers were in control all day.

NMT: Open today versus close yesterday Current Signal ->(1) 11 Jan: BEARISH STRONG (2) 11 Jan: NEUTRAL (3) 11 Jan: BEARISH WEAK

Ulcer index has fallen as the price rises for Neometals
Ulcer Index /
Ulcer index has fallen as the price rises for Neometals

[BEARISH]: Neometals UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.186.

High Price /
Neometals: Daily high performance is -5.3 % [Downtrend]

[BEARISH]: Neometals current downtrend in the first timeframe. Currently, the HIGH is -5.3 %.

See More   See more results
Advertisment
Advertisment
back to top