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

Ramelius Resources
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Bull power has increased for Ramelius Resources signalling bullish conditions are likely
Elder Ray Index /
Bull power has increased for Ramelius Resources signalling bullish conditions are likely

[BULLISH]: Ramelius ResourcesElder Ray Index is signalling a Bullish movementERI is 0.014 indicating bull power. Prices are being driven above the consensus of value for RMS during the last trading session [Buying Pressure]

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

[BEARISH]: Ramelius Resources currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -1.1%.

Pivot Points /
Ramelius Resources has moved below the S1 pivot point ($0.459) [Bearish]

Ramelius Resources has broken the first support point ($0.459) [Bearish]. Look for a short limit order entry near this point. Exit price for RMS should be set @$0.452 & short position stoploss for Ramelius Resources should be set between $0.472 & $0.479

Range Tod Vs Range Yest /
The largest daily price range this year for RMS has been $0.093

[WEAK BULLISH]: Ramelius Resourcessellers are becoming less eager. There has been 2 consecutive days of range increase for RMS reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.065 & the greatest daily price range this year has been $0.093. The price range ratio this week versus the quarterly price range is 0.2x & the price range ratio this month versus the year to date price range is 0.7x.

Elders Force Index /
Ramelius Resources: Direction, extent & volume have increased in recent trading [Buying Pressure]

RMS: Elders Force Index Recent Trading -> (1) 19 Feb: 6057 (2) 16 Feb: 9186 (3) 15 Feb: 6740

Daily Volume Index /
Confirmation of Ramelius Resources is currently being accumulated via DVI

[BULLISH]: Ramelius Resources current accumulation has given strength to the share price and the continuation of bullish trading conditions.

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Triangular Moving Average /
The TMA trend following signal is still current for Ramelius Resources [Bullish]

[BULLISH]: Ramelius Resources currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -1.1%.

Sine Weighted Moving Average(5) signal continues for Ramelius Resources indicating upward price movement is likely
Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal continues for Ramelius Resources indicating upward price movement is likely

[BULLISH]: Ramelius Resources currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -1.1%.

RMS has achieved a new low of $0.455 (0 %)
Low Price /
RMS has achieved a new low of $0.455 (0 %)

RMS: LOW Current Signal -> (1) 19 Feb: NEUTRAL (2) 16 Feb: NEUTRAL (3) 15 Feb: BULLISH

Demarks Pivot Points /
Limit order for a short position has been identified for Ramelius Resources [Bearish]

Ramelius Resources has broken the first DeMark support point ($0.4625) [Bearish]. Look for a short limit order entry near this point. Exit price for RMS should be set @$0.46 & short position stoploss for Ramelius Resources should be set at $0.47

Woodie Pivot Point /
Ramelius Resources has broken the first Woodie support point ($0.461) [Bearish]

Ramelius Resources has broken the first Woodie support point ($0.461) [Bearish]. Look for a short limit order entry near this point. Exit price for RMS should be set @$0.453 & short position stoploss for Ramelius Resources should be set at $0.473

Ramelius Resources is no longer overbought [Neutral]
Williams %R /
Ramelius Resources is no longer overbought [Neutral]

RMS: William %R Current Signal -> (1) 19 Feb: BULLISH CROSSUNDER (2) 16 Feb: BEARISH (3) 15 Feb: BEARISH CROSSOVER

Ramelius Resources: Daily volume is 560168 [Lower Volume]
Volume /
Ramelius Resources: Daily volume is 560168 [Lower Volume]

[BEARISH]: Ramelius Resources current volume downtrend in the first timeframe. Volume for RMS is560168 (-77.1).

Aroon Oscillator /
[Uptrend]: Aroon oscillator @64 has confirmed a strong uptrend for RMS

RMS: Aroon Oscillator Recent Trading -> (1) 19 Feb: 64 (2) 16 Feb: 64 (3) 15 Feb: 64

Chaikin Money Flow /
CMF has positive divergence between price and volume

RMS: Chaikin Oscillator Current Signal -> (1) 19 Feb: BULLISH (2) 16 Feb: BULLISH (3) 15 Feb: BULLISH CROSSOVER

Stochastic Oscillator /
Ramelius Resources is no longer overbought and normal trading conditions are resumed

[BEARISH]: Ramelius Resources is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Recent trading has confirmed a Fake Day for Ramelius Resources
Bill Williams Market Facilitation /
Recent trading has confirmed a Fake Day for Ramelius Resources

Ramelius Resources Currently is a confirmed Fake Day. MFI indicator is up, volume is down for RMS. Trend continuation possible for RMS from reduced trading activity.

[Uptrend]: Price for Ramelius Resources is currently above the displaced moving average
Detrended Price Oscillator /
[Uptrend]: Price for Ramelius Resources is currently above the displaced moving average

[BULLISH]: Ramelius Resources currently has a confirmed uptrend. Price is currently above the displaced moving average for RMSCurrently, the return on DPO20 is -1.1%.

Recent trading for Ramelius Resources has opened -3.2 % lower than previous session
Opening Price /
Recent trading for Ramelius Resources has opened -3.2 % lower than previous session

RMS: OPEN Current Signal -> (1) 19 Feb: BEARISH (2) 16 Feb: NEUTRAL (3) 15 Feb: BULLISH

MACD Volume /
The Volume MACD has now fallen below the signal line for RMS [Bearish Crossover]

[BEARISH CROSSOVER]: Ramelius Resources currently has negative Volume MACD of -85782. This means the signal line is less than the Volume MACD line signalling a bearish movement.

White Marubozu /
RMS Basic Candle: White Marubozu

[BULLISH]: Ramelius Resources has formed a White Marubozu candlestick. This means, RMS has received strong buying confidence and upward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Closing Price /
Ramelius Resources: Daily performance is -1.1 % [Downtrend]

[BEARISH]: Ramelius Resources current downtrend in the first timeframe. Currently, the Close is $0.465.

Rate of Change /
14-day rate of change is increasing for Ramelius Resources

RMS: ROC Current Signal -> (1) 19 Feb: BULLISH (2) 16 Feb: BULLISH CROSSOVER (3) 15 Feb: NEUTRAL

RMS: Current trading activity signals accumulation is active
Accumulation / Distribution /
RMS: Current trading activity signals accumulation is active

RMS: ADLINE Current Signal -> (1) 19 Feb: BULLISH (2) 16 Feb: BULLISH (3) 15 Feb: BULLISH CROSSOVER

Ramelius Resources: MACD oscillator (0.003000)
MACD /
Ramelius Resources: MACD oscillator (0.003000)

[BULLISH]: Ramelius Resources currently has positive MACD of 0.003000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -1.1%.

Volume Rate of Change /
Negative VROC for RMS is a leading indicator for continued price fall

[BEARISH]: Ramelius Resources currently has negative rate of change of -65%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.1%.

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