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:

RATE OF CHANGE


Last Signal:

BULLISH


Trading: HOLD @ $0.225
Signal Strength: MEDIUM
Recommendation:

Alkane Exploration (ASX:ALK) currently has positive rate of change of 7.143%. This means the current price is greater than the price 14 days ago and therefore gaining 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


Rate of Change (ROC) is a refinement of Momentum - readings fluctuate as percentages around the zero line. The indicator is designed for use in ranging markets - to detect trend weakness and likely reversal points. However when combined with a trend indicator it can be used in trending markets.

Calculation: Rate of Change (ROC):
1) (Closing Price [today] - Closing Price [n days ago]) / Closing Price [n days ago] * 100


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:

Rate of Change

Download button icon Download
Company Close Change (%) Volume Value Signal
ELD ELD 8.87 19.7 1,640,097 21.51 BULLISH
HSO Healthscope 2.38 14.4 40,437,560 11.74 BULLISH
FLN Freelancer 0.88 12.9 1,312,856 57.66 BULLISH
MNS Milnes Holdings 0.37 12.3 2,277,569 28.07 BULLISH
LYC Lynas Corporation 2.4 9.6 12,451,685 50.94 BULLISH
LYL Lycopodium 5 8.7 110,499 13.9 BULLISH
CVW Clearview Wealth 0.96 7.9 88,268 7.87 BULLISH
VTG Vita 1.14 6.5 609,580 28.09 BULLISH
NZM Nzme 0.6 6.2 58,359 3.45 BULLISH
OHE Orion Health 1.1 5.8 7,450 22.22 BULLISH
back to top