
CRITICAL METALS CORP-28 (CRMLW) Technical Analysis
NASDAQ:CRMLW
Current stock price
CRMLW Technical Rating and Analysis
We assign a technical rating of 8 out of 10 to CRMLW. CRMLW has been one of the better performers in the overall market. Some doubts were observed in the medium time frame, but recent action was again very positive.
- CRMLW is currently trading in the lower part of its 52 week range, which is not a good signal. Certainly not because the S&P500 Index is trading near new highs.
- The short term trend is positive, while the long term trend is neutral. So this is evolving in the right direction.
- Looking at the yearly performance, CRMLW did better than 99% of all other stocks. We also observe that the gains produced by CRMLW over the past year are nicely spread over this period.
- In the last month CRMLW has a been trading in the 2.82 - 6.30 range, which is quite wide. It is currently trading near the high of this range.
- Volume is considerably higher in the last couple of days, which is what you like to see during a strong movement up.
- Prices have been rising strongly lately, it may be a good idea to wait for a consolidation or pullback before considering an entry.
CRMLW Weekly and Daily overview Charts
CRMLW Setup Rating and Analysis
Although CRMLW has an excellent technical rating, it does not present a decent entry opportunity at the moment. Price movement has been a little bit too volatile to find a nice entry and exit point. It is probably a good idea to wait for a consolidation first.
More info and screens
CRMLW Support and Resistance Analysis
3.02
When analyzing the support we can see 3 important areas.
- Support @3.36 from a trend line in the weekly time frame.
- Support @3.14 from a trend line in the daily time frame.
- Support @3.05 from a horizontal line in the weekly time frame.
We can see 2 important resistance areas.
- A resistance zone ranging from 5.80 to 5.88. This zone is formed by a combination of multiple trend lines in multiple time frames.
- Resistance @9.61 from a trend line in the weekly time frame.
CRMLW Technical Indicator Signal Analysis
The Technical Rating and Setup analysis above combine different indicators and trends in different timeframes. Individual signals from indicators may give more contradictive signals and should always be interpreted in the more global context.
| Indicator | Value | Signal | Comment |
|---|---|---|---|
| ChartMill Long Term Trend Indicator | NEUTRAL | NEUTRAL | The long term trend for CRMLW is neutral. |
| ChartMill Short Term Trend Indicator | UP | POSITIVE | The short term trend for CRMLW is up. |
| ChartMill Relative Strength | 99.88 | POSITIVE | CRMLW has a high relative strength, it outperformed 99.88% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | POSITIVE | The current price of CRMLW is above the rising SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | MIXED | The current price of CRMLW is above a declining SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of CRMLW is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 64.53 | NEUTRAL | The RSI value for CRMLW is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.27 | POSITIVE | The MACD value suggests CRMLW has a positive trend. |
| Stochastics (14,3) | 76.74 | NEUTRAL | The Stochastics value for CRMLW is a neutral value. |
| Average True Range in percent/ATR (20) | 10.06 | HIGH VOLATILITY | The high ATR as a percentage value for CRMLW suggests high volalility. |
| Average Directional Index/ADX (14) | 19.54 | NEGATIVE | The low ADX value for CRMLW suggests a weak or negative trend. |
CRMLW Chart- and CandleStick Pattern Analysis
CRMLW Technicals: Chart, Performance Metrics, Trend & Indicators
5.79
+0.69 (+13.53%)
CRITICAL METALS CORP-28 / CRMLW TA FAQ
What is the ChartMill technical rating of CRITICAL METALS CORP-28 (CRMLW) stock?
ChartMill assigns a technical rating of 8 / 10 to CRMLW.
Can you provide the trend direction for CRITICAL METALS CORP-28?
The current trend direction for CRITICAL METALS CORP-28 (CRMLW) is Bearish.
What is the RSI signal for CRITICAL METALS CORP-28 (CRMLW) stock?
CRITICAL METALS CORP-28 (CRMLW) has an RSI value of 64.5301. This indicates that the stock is currently neutral.
Can you provide the short term momentum for CRITICAL METALS CORP-28?
The short term momentum for CRITICAL METALS CORP-28 (CRMLW) is positive.