Danakali (DNK)

Download button icon Download

Danakali (DNK): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Danakali (DNK.AX)


Indicator:

TRIANGULAR MOVING AVERAGE


Last Signal:

BEARISH


Trading: SELL @ $0.74
Signal Strength: STRONG
Recommendation:

Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has the ability to highlight trends across numerous timeframes. This indicator has the ability to smooth historical results to illustrate trend initiation and status. Although this is a simple trend following indicator & can provide good results when coupled with the right indicator. Note, this indicator does not work well in ranging markets producing unwanted whipsaws and false signals.


Danakali (ASX:DNK) currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is -0.7%.



A triangular moving average can be calculated using various input data such as prices volume or another technical indicator.

Calculation: Triangular Moving Average (TMA):
1) SMA: n period sum / n;
2) TMA = (n SMA period sum) / N;


PROFILE: Danakali (DNK.AX)


Stock Exchange: ASX
Company: Danakali
Ticker Codes: | DNK.AX | ASX:DNK |

About Danakali (ASX:DNK):

Danakali Limited engages in the exploration of minerals in Eritrea, East Africa. It primarily holds interests in the Colluli potash project located in the Danakil region of Eritrea. The company was formerly known as South Boulder Mines Ltd. and changed its name to Danakali Limited in June 2015. Danakali Limited is based in Subiaco, Australia.

Top 10:

Triangular Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
LOV Lovisa 9.3 20.2 1,518,896 -1.6 BEARISH
EMH European Metals Holdings 0.4 14.3 44,010 -22.7 BEARISH
SVW Seven Holdings 19.02 12.2 2,028,025 -2.7 BEARISH
NWH NRW 2.28 9.6 3,181,761 -7.5 BEARISH
NEA Nearmap 2.57 7.5 3,461,849 -5.6 BEARISH
ORE Orocobre 3.2 7.4 2,255,245 -0.3 BEARISH
SXY Senex Energy 0.38 7.1 10,983,458 -2.1 BEARISH
RSG Resolute Mining 1.15 6.5 9,128,506 -6 BEARISH
PRU Perseus Mining 0.44 6 5,131,036 -5.9 BEARISH
CIA Champion Iron 1.59 5.7 299,939 -6.4 BEARISH
back to top