Neometals (NMT)

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Neometals (NMT): Signals

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TECHNICAL ANALYSIS SUMMARY

Neometals current pivot point (DeMark) is:
(R1) $0.255.

The current pivot point (DeMark) is:
(S1) $0.245.



Demark Pivot Points start with a different base and use different formulas for support and resistance. These Pivot Points are conditional on the relationship between the close and the open.

Calculation: Demarks Pivot Points:
1) If Close < Open then X = High + (2 x Low) + Close;
2) If Close > Open then X = (2 x High) + Low + Close;
3) If Close = Open then X = High + Low + (2 x Close) ;
4) Pivot Point (P) = X/4;
5) Support 1 (S1) = X/2 – High;
6) Resistance 1 (R1) = X/2 – Low;


PROFILE: Neometals (NMT.AX)


Stock Exchange: ASX
Company: Neometals
Ticker Codes: | NMT.AX | ASX:NMT |

About Neometals (ASX:NMT):

Neometals Ltd explores and evaluates mineral properties in Australia. It operates through three segments: Lithium, Titanium, and Other. The company explores for lithium, titanium, and vanadium. Its principal assets include the Mt Marion Lithium and Barrambie Titanium projects located in Western Australia. It also provides various processes to extract valuable metals for a range of base, light, and precious metal oxides, as well as for sulphides, intermediates, and waste feeds. The company was formerly known as Reed Resources Ltd. and changed its name to Neometals Ltd in December 2014. Neometals Ltd is based in West Perth, Australia.

Top 10:

Demark's Pivot Points

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