Alkane Exploration (ALK)

Download button icon Download

Alkane Exploration (ALK): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Alkane Exploration (ALK.AX)


Indicator:

MOMENTUM


Last Signal:

BEARISH


Trading: SELL @ $0.2
Signal Strength: MEDIUM
Recommendation:

Alkane Exploration (ASX:ALK) currently has negative momentum of -0.015 This means the current price is less than the price 14 days ago and therefore losing momentum.

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to detect the speed of movement & give an early signal for a potential movement. By understanding the rate at which the price is moving in respect to the stocks historical trades, enables positions to be set in place based on changes in the speed of movement


Momentum measures the rate of change in closing prices and is used to detect trend weakness and likely reversal points. It is often underrated because of its simplicity. High Momentum readings (positive or negative) occur when a trend is at its strongest. Lower readings are found at the start and end of trends. Overbought and oversold levels are set separately for each security based on the performance of the indicator over past cycles.

Calculation: Momentum Oscillator (MOM):
1) Closing Price [today] - Closing Price [n days ago];


PROFILE: Alkane Exploration (ALK.AX)


Stock Exchange: ASX
Company: Alkane Exploration
Ticker Codes: | ALK.AX | ASX:ALK |

About Alkane Exploration (ASX:ALK):

Alkane Resources Limited operates as a multi-commodity mining and exploration company in the Central West of New South Wales in eastern Australia. It explores for gold, copper, zirconium, hafnium, niobium, tantalum, yttrium, and rare earth elements. The company owns interest in the Tomingley Gold project and the Dubbo Zirconia project located in New South Wales. Its exploration projects comprise the Bodangora, Kaiser, Finns Crossing, Cudal, Peak Hill, Wellington, Elsienora, Rockley, and Orange East projects. Alkane Resources Limited is headquartered in Burswood, Australia.

Top 10:

Momentum Oscillator

Download button icon Download
Company Close Change (%) Volume Value Signal
EWC Energy World Corporation 0.14 8 2,194,228 -0.01 BEARISH
CLQ Clean Teq Holdings 0.41 6.6 745,433 -0.01 BEARISH
BWX BWX 3.02 6.3 305,515 -0.22 BEARISH
RKN Reckon 0.69 6.2 14,462 -0.02 BEARISH
MYX Myx 0.95 6.1 7,614,272 -0.09 BEARISH
SXY Senex Energy 0.35 6.1 3,292,751 -0.05 BEARISH
PNI Pinnacle Investment Management 5.16 6 398,791 -0.17 BEARISH
ERA Energy Resources Of Australia 0.27 5.9 185,602 -0.04 BEARISH
GXY Galaxy Resources 2.54 5.8 3,446,812 -0.18 BEARISH
DNK Danakali 0.74 5.7 160,358 -0.04 BEARISH
back to top