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:

ON BALANCE VOLUME


Last Signal:

BEARISH


Trading: SELL @ $0.46
Signal Strength: MEDIUM
Recommendation:

Ramelius Resources (ASX:RMS) current price has highlighted recent distribution. Currently, the OBV is -179310.


Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading exit. Indicator can be applied to the short/medium term timeframe, but the best results are obtained with larger cyclical swings in-line with the trend direction. This accumulation / distribution oscillator can provide guidance on the money flow direction from the companies recent trading.


On Balance Volume (OBV) attempts to measure the level of accumulation or distribution by comparing volume to price movements. Volume is added to the indicator if closing price moves up and subtracted if closing price moves down. No adjustment is made if closing price is unchanged.

Calculation: On Balance Volume:
1) If the closing price is above the prior close price then: Current OBV = Previous OBV + Current Volume;
2) If the closing price is below the prior close price then: Current OBV = Previous OBV - Current Volume;
3) If the closing prices equals the prior close price then: Current OBV = Previous OBV (no change)


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:

On Balance Volume

Download button icon Download
Company Close Change (%) Volume Value Signal
SWM Seven West Media 0.89 4.1 3,491,485 96,517 BULLISH CROSSOVER
SHJ Shine Corporate 0.87 3.6 1,503,548 138,820 BULLISH CROSSOVER
VGL Volante 3.54 2.6 112,800 84.4 BULLISH CROSSOVER
GEM G8 Education 2.15 1.9 2,154,154 131,858.1 BULLISH CROSSOVER
ADA Adacel Technologies 1.72 1.2 21,489 16,792.3 BULLISH CROSSOVER
IVC Invocare 12.18 0.7 401,971 60,258.2 BULLISH CROSSOVER
URF Us Masters Residential Property Fund 1.5 0.7 75,694 31,736.2 BULLISH CROSSOVER
FLT Flight Centre 52.53 0.6 357,661 9,135.2 BULLISH CROSSOVER
TCL Transurban 10.99 0.5 5,292,836 40,432.6 BULLISH CROSSOVER
MLT Milton Corporation 4.57 0.4 69,921 39,911.1 BULLISH CROSSOVER
back to top