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

Resolute Mining
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RSG: Price has moved below the EMA(5) @$1.3037
Exponential Moving Average /
RSG: Price has moved below the EMA(5) @$1.3037

RSG: EMA(5) Recent Trading -> (1) 19 Jun: 1.3037 (2) 18 Jun: 1.3105 (3) 15 Jun: 1.3058

Resolute Mining: Aroon oscillator (68) has confirmed a strong uptrend is present
Aroon Oscillator /
Resolute Mining: Aroon oscillator (68) has confirmed a strong uptrend is present

[BULLISH]: Resolute Mining has a current ARO(25) of 68. This has change 0 points from yesterday.

Low Price /
Recent trading for Resolute Mining fell short of the previous low by -0.4 %

RSG: LOW Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BEARISH (3) 15 Jun: BULLISH

Percentage Price /
Signal line is still above the EMA for Resolute Mining producing positive momentum

[BULLISH]: Resolute Mining currently has positive PPO 2.28%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Bill Williams Market Facilitation /
[Fake Day]: MFI indicator is up, volume is down for Resolute Mining

Resolute Mining Currently is a confirmed Fake Day. MFI indicator is up, volume is down for RSG. Trend continuation possible for RSG from reduced trading activity.

Triangular Moving Average /
[Bearish]: Trend following indicator for RSG highlights downward price direction is likely

[BEARISH]: Resolute Mining 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 -2.3%.

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Volume Rate of Change /
14-day volume rate of change is now decreasing for Resolute Mining

[BEARISH CROSSOVER]: Resolute Mining currently has negative rate of change of -4%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -2.3%.

Resolute Mining: Range Performance (3.3)
Range Tod Vs Range Yest /
Resolute Mining: Range Performance (3.3)

[BEARISH]: Resolute Mining sellers are increasingly eager. There has been 2 consecutive days of range increase for RSG adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.1300 & the greatest daily price range this year has been $0.3300. The price range ratio this week versus the quarterly price range is 0.5x & the price range ratio this month versus the year to date price range is 0.4x.

Strong opening from RSG has seen an increase of 3.9 % [Uptrend]
Opening Price /
Strong opening from RSG has seen an increase of 3.9 % [Uptrend]

RSG: OPEN Recent Trading -> (1) 19 Jun: 1.33 (2) 18 Jun: 1.28 (3) 15 Jun: 1.34

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

RSG: Elders Force Index Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Close Tod Vs Range Tod /
Daily trading for RSG indicated sellers are now in control

[BEARISH]: Resolute Mining sellers in control. This is the first day of seller commitment for Resolute Mining adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 105 trading days with the closing price in the lower part of the range giving a confirmation ratio of 39.9%. Over the last month there has been 1 trading day with the closing price in the lower range giving a confirmation ratio of 8.3%. Currently this quarter, closing price has spent 15 days in the lower price range compared to 20 days in the upper range giving a ratio of 0.8x.

On Balance Volume /
OBV: Distribution still active for Resolute Mining

[BEARISH]: Resolute Mining current price has highlighted recent distribution. Currently, the OBV is -2.19045e+007.

Relative Strength overbought signal has just been neutralized for Resolute Mining
Relative Strength Index /
Relative Strength overbought signal has just been neutralized for Resolute Mining

RSG: RSI Current Signal -> (1) 19 Jun: BEARISH CROSSUNDER (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH

Stoploss for Resolute Mining should be set at $0
Fibonacci Extensions /
Stoploss for Resolute Mining should be set at $0

Resolute Mining has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for RSG should be set @$0 & short position stoploss for Resolute Mining should be set at $0

Chaikin Money Flow /
CMF showing selling pressure & potential change in direction for RSG

[BEARISH]: Resolute Mining current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.08. RSG received a confirmed CMF crossover days on the Apr 12 2018. The bearish signal has been active for 1 day. During the quarter, the lowest CMF value was -0.35 occurring on the Apr 12 2018.

High Price /
Resolute Mining: Daily high performance is -0.2 % [Downtrend]

[BEARISH]: Resolute Mining current downtrend in the first timeframe. Currently, the HIGH is -0.2 %.

Average Directional Movement /
RSG: Average Directional Index has confirmed a strong trend @26.68

[Trend]: ADX for RSG has confirmed a strong trend is present. Resolute Mining has an ATR(14) of 0.036, a DX of 22.13 & an ADX(14) of 26.68

Resolute Mining: MACD oscillator (0.0087)
MACD /
Resolute Mining: MACD oscillator (0.0087)

RSG: MACD Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Daily bar has confirmed has confirmed an ATR uptrend is intact for RSG
Average True Range /
Daily bar has confirmed has confirmed an ATR uptrend is intact for RSG

RSG: Average True Range Recent Trading -> (1) 19 Jun: 0.036 (2) 18 Jun: 0.034 (3) 15 Jun: 0.032

ROC continues to rise for Resolute Mining signalling an uptrend will persist
Rate of Change /
ROC continues to rise for Resolute Mining signalling an uptrend will persist

[BULLISH]: Resolute Mining currently has positive rate of change of 10.73%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Stochastic Oscillator /
Resolute Mining is no longer overbought with the Stochastic Oscillator @67.6

RSG: Stochastic Oscillator Trading -> (1) 19 Jun: 67.6 (2) 18 Jun: 84.6 (3) 15 Jun: 92.3

Weighted Moving Average /
Weighted Moving Average(5) signal is confirmed for Resolute Mining indicating downward price movement is likely

RSG: WMA Recent Trading -> (1) 19 Jun: 1.3110 (2) 18 Jun: 1.3170 (3) 15 Jun: 1.3100

Elder Ray Index /
Prices are being driven above the consensus of value for RSG [Bullish]

[BULLISH]: Resolute Mining Elder Ray Index is signalling a Bullish movementERI is 0.056 indicating bull power. Prices are being driven above the consensus of value for RSG during the last trading session [Buying Pressure]

Volume /
Recent trading for Resolute Mining fell short of the previous volume by -9.2

[BEARISH]: Resolute Mining current volume downtrend in the first timeframe. Volume for RSG is 4.35509e+006 (-9.2).

Resolute Mining: Two Crows
Two Crows /
Resolute Mining: Two Crows

[BEARISH]: Resolute Mining has formed a new Two Crows reversal pattern.

Recent trading for Resolute Mining fell short of the previous close by -2.3 %
Closing Price /
Recent trading for Resolute Mining fell short of the previous close by -2.3 %

[BEARISH]: Resolute Mining current downtrend in the first timeframe. Currently, the Close is $1.29.

Percentage Volume /
Resolute Mining: Percentage Volume Oscillator (-4.88)

[BEARISH]: Resolute Mining currently has negative PVO -4.88%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 10.4%.

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