Resolute Mining (RSG)

Download button icon Download

Resolute Mining (RSG): Signals

No data currently available.


Explore Compare Share


Resolute Mining (RSG.AX)



Last Signal:


Trading: SELL @ $1.15
Signal Strength: MEDIUM

Resolute Mining (ASX:RSG) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -131872. day. During the quarter, the lowest ADLINE value was -3.71539e+006.

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.

Accumulation/distribution (ADLINE) is a momentum indicator that attempts to gauge supply and demand by determining whether investors are generally accumulating or buying or distributing or selling a certain stock by identifying divergences between stock price and volume flow. The accumulation/distribution is calculated by first calculating the money flow multiplier then multiplying the money flow multiplier by the period’s volume.

Calculation: Accumulation Distribution Line:
1) Money Flow Multiplier = [(close - low) - (high - close)] / (high - low);
2) Money Flow Volume = Money Flow Multiplier x volume for the period;
3) Accumulation/Distribution= previous Accumulation/Distribution + current periods Money Flow Volume.

PROFILE: Resolute Mining (RSG.AX)

Stock Exchange: ASX
Company: Resolute Mining
Ticker Codes: | RSG.AX | ASX:RSG |

About Resolute Mining (ASX:RSG):

Resolute Mining Limited engages in the mining, exploration, development, and production of gold properties in Africa and Australia. The company is also involved in the prospecting and exploration of minerals. Its flagship project is the Syama Gold Mine located in West Africa. The company was incorporated in 2001 and is based in Perth, Australia.

Top 10:

Accumulation Distribution

Download button icon Download
Company Close Change (%) Volume Value Signal
LOV Lovisa 9.3 20.2 1,518,896 -17,214.3 BEARISH CROSSOVER
FWD Fleetwood 1.8 5.6 420,408 -301 BEARISH CROSSOVER
DWS DWS 1.2 2.6 35,705 -822 BEARISH CROSSOVER
GXY Galaxy Resources 1.98 2.3 3,564,048 -13,788.4 BEARISH CROSSOVER
ALU Altium 33.19 1.9 1,139,256 -31,703.1 BEARISH CROSSOVER
BVS Bravura Solutions 4.6 1.1 864,062 -32,903.4 BEARISH CROSSOVER
REX Regional Express 1.45 0.7 34,696 -40,349.5 BEARISH CROSSOVER
HSO Healthscope 2.47 0.4 2,897,563 -5,236.8 BEARISH CROSSOVER
IPL Incitec Pivot 3.28 0.3 5,303,834 -67,540.5 BEARISH CROSSOVER
LNK Link 7 0.1 2,128,402 -86,017.3 BEARISH CROSSOVER
back to top