Ramelius Resources (RMS)

Download button icon Download

Ramelius Resources (RMS): Signals

No data currently available.

data-ad-format="auto">

Explore Compare Share

TECHNICAL ANALYSIS SUMMARY

Ramelius Resources (RMS.AX)


Indicator:

WEIGHTED MOVING AVERAGE


Last Signal:

BULLISH


Trading: BUY @ $0.48
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.


Ramelius Resources (ASX:RMS) currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 0.0%.



Weighted moving averages (WMA) are difficult to construct but more reliable than the simple moving averages. WMA permits an unequal weighting on prior time periods.

Calculation: Weighted Moving Average (WMA):
1) Ft= W1At-1 + WnAt-n


PROFILE: Ramelius Resources (RMS.AX)


Stock Exchange: ASX
Company: Ramelius Resources
Ticker Codes: | RMS.AX | ASX:RMS |

About Ramelius Resources (ASX:RMS):

Ramelius Resources Limited, together with its subsidiaries, engages in the exploration, mine development and operation, and production and sale of gold in Australia. The company holds interest in the Mt Magnet gold project located within the north-south striking Meekatharra-Mt Magnet greenstone belt of the Western Australian Murchison province; and the Vivien gold deposit located to the west of the town of Leinster in Western Australia. It also has interests in the Water Tank Hill/St George deposits in Western Australia; the Coogee gold project in Western Australia; the Kathleen Valley gold project in Western Australia; and the Tanami joint venture gold project in Northern Territory; and the exploration permit for minerals holdings in north Queensland. Ramelius Resources Limited is headquartered in East Perth, Australia.

Top 10:

Weighted Moving Average

Download button icon Download
Company Close Change (%) Volume Value Signal
EDE Eden Energy 0.12 21.2 35,552,313 51.9 BULLISH
EVO Evolve Education 0.5 6.4 125,000 6.4 BULLISH
PNR Pacific Niugini Minerals 0.19 2.8 924,265 2.8 BULLISH
MOY Millennium Minerals 0.24 2.1 581,884 4.8 BULLISH
DTL Data#3 1.56 2 312,212 3.1 BULLISH
PSI Pacific Strategic Investments 3 2 4,088 1.8 BULLISH
SLR Silver Lake Resources 0.59 1.7 2,079,764 8.9 BULLISH
GXL Greenross 4.75 1.7 356,957 7.7 BULLISH
WTP Watpac 0.68 1.5 19,082 1.8 BULLISH
RSG Resolute Mining 1.13 1.4 5,157,073 5.7 BULLISH
back to top