Pacific Niugini Minerals (PNR)

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Pacific Niugini Minerals (PNR): Signals

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TECHNICAL ANALYSIS SUMMARY


Moving Average Envelopes are percentage-based envelopes set above and below a moving average. The moving average which forms the base for this indicator can be a simple or exponential moving average. Each envelope is then set the same percentage above or below the moving average. This creates parallel bands that follow price action. With a moving average as the base Moving Average Envelopes can be used as a trend following indicator.

Calculation: Moving Average Envelope:
1) Upper Envelope: 20-day SMA + (20-day SMA x .025);
2) Lower Envelope: 20-day SMA - (20-day SMA x .025);


PROFILE: Pacific Niugini Minerals (PNR.AX)


Stock Exchange: ASX
Company: Pacific Niugini Minerals
Ticker Codes: | PNR.AX | ASX:PNR |

About Pacific Niugini Minerals (ASX:PNR):

Pantoro Limited engages in the exploration of mineral properties. It explores for gold, silver, and copper deposits. The company holds interests in the Halls Creek project that comprises the Nicolsons project located in the Kimberley region of Western Australia; and the Grants Creek project located to the north of the Halls Creek project in Western Australia. It also holds interests in the Bulolo and Garaina projects in Papua New Guinea. The company was formerly known as Pacific Niugini Limited and changed its name to Pantoro Limited in December 2015. Pantoro Limited is headquartered in West Perth, Australia.

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