RAMACO RESOURCES INC-A (METC)

US75134P3038 - Common Stock

15.98  +0.07 (+0.44%)

After market: 15.98 0 (0%)

Technical Rating and Analysis

4

Overall METC gets a technical rating of 4 out of 10. Although METC is scoring some points because its good overall performance in the market in the past year, recent evolutions are not that positive. Both the medium and short term picture give negative signs.

Looking at the yearly performance, METC did better than 92% of all other stocks. On top of that, METC also shows a nice and consistent pattern of rising prices.
METC is part of the Metals & Mining industry. There are 154 other stocks in this industry. METC outperforms 83% of them.
The short term trend is negative, the long term trend is neutral. Not much exciting going on here.
METC is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so METC is lagging the market slightly.
In the last month METC has a been trading in the 14.55 - 17.23 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Considerably lower volume is observed in the last couple of days.
Weekly and Daily overview Charts
METC Weekly chart
METC Daily chart
Setup Rating and Analysis

8

METC has only a medium technical rating, but it does show a decent setup pattern. Prices have been consolidating lately. There is a resistance zone just above the current price starting at 16.34. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 15.88, a Stop Loss order could be placed below this zone.

Support and Resistance Analysis

14.53

20.99

We found 2 important support areas.

  • A support zone ranging from 15.58 to 15.88. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A support zone ranging from 14.68 to 14.93. This zone is formed by a combination of multiple trend lines in the daily time frame.

We can see 4 important resistance areas.

  • A resistance zone ranging from 16.34 to 16.43. This zone is formed by a combination of multiple trend lines in the daily time frame.
  • Resistance @18.30 from a horizontal line in the daily time frame.
  • Resistance @19.25 from a trend line in the daily time frame.
  • Resistance @20.78 from a horizontal line in the weekly time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS92.55
Mansfield1.11
10 Day High16.92
10 Day Low14.55
20 Day High17.23
20 Day Low14.55
52 Week High22.7
52 Week Low7.26
Performance
1 Week2.5%
2 Weeks1.72%
1 Month-5.11%
3 Month-14.45%
6 Month33.72%
12 Month96.56%
2 Year0.57%
3 Year294.57%
5 Year137.8%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)0.06
RSI(14)48.07
LBB14.98
UBB16.48
METC Daily chart

RAMACO RESOURCES INC-A

NASDAQ:METC (4/26/2024, 7:03:13 PM)

After market: 15.98 0 (0%)

15.98

+0.07 (+0.44%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg0.44%
1 Week2.5%
2 Weeks1.72%
1 Month-5.11%
3 Month-14.45%
6 Month33.72%
12 Month96.56%
2 Year
3 Year
5 Year
10 Year
15 Year
Volatility
ATR(14)0.71
ATR(20)%4.25%
ATR Inc
Range Today0.47
ADR(20)
ADR(20)%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS
Mansfield
10 Day High16.92
10 Day Low14.55
20 Day High17.23
20 Day Low14.55
52 Week High22.7
52 Week Low7.26
CS1 End
CR1 Start
Volume & EV
DER(3)
DER(5)
Volume412.90K
Volume Incr-16.39%
Vol(5)505.08K
Vol(50)778.45K