RAMACO RESOURCES INC-A (METC) Stock Technical Analysis
NASDAQ:METC - Nasdaq - US75134P3038 - Common Stock - Currency: USD
Overall METC gets a technical rating of 8 out of 10. This is due to a consistent performance in both the short and longer term time frames. Also compared to the overall market, METC is showing a nice and steady performance.
The long term trend is positive and the short term trend is neutral. The long term trend gets the benefit of the doubt for now.
METC is part of the Metals & Mining industry. There are 157 other stocks in this industry. METC outperforms 87% of them.
METC has an average volume of 2269750 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
Looking at the yearly performance, METC did better than 95% of all other stocks. However, this overall good ranking is mostly due to the recent strong move.
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 11.91 - 24.75 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Although METC 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
11.12
19.15
We found 1 important support area.
- Support @11.23 from a trend line in the daily time frame.
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 | UP | POSITIVE | The long term trend for METC is up. |
| ChartMill Short Term Trend Indicator | NEUTRAL | NEUTRAL | The short term trend for METC is neutral. |
| ChartMill Relative Strength | 95.25 | POSITIVE | METC has a high relative strength, it outperformed 95.25% off all stocks on the market. |
| Simple Moving Average/SMA (20) | UP | MIXED | The current price of METC is below the rising SMA(20). |
| Simple Moving Average/SMA (50) | UP | POSITIVE | The current price of METC is above the rising SMA(50). |
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of METC is above the rising SMA(200). |
| Relative Strength Index/RSI (14) | 53.62 | NEUTRAL | The RSI value for METC is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.5 | NEGATIVE | The MACD value suggests METC has a negative trend. |
| Stochastics (14,3) | 37.34 | NEUTRAL | The Stochastics value for METC is a neutral value. |
| Average True Range in percent/ATR (20) | 11.65 | HIGH VOLATILITY | The high ATR as a percentage value for METC suggests high volalility. |
| Average Directional Index/ADX (14) | 44.05 | POSITIVE | The high ADX value value for METC suggests a strong trend. |
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)
18.96
-1.39 (-6.83%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-6.83%
1 Week-15.88%
2 Weeks-15.43%
1 Month58.79%
3 Month89.6%
6 Month100.21%
12 Month53.27%
2 Year141.84%
3 Year79.89%
5 Year527.82%
10 YearN/A
15 YearN/A
Volatility
ATR(14)2.29
ATR(20)%11.65%
ATR Inc58.59%
Range Today2.85
ADR(20)2
ADR(20)%10.54%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS95.25
Mansfield6.05
10 Day High24.3
10 Day Low16.53
20 Day High24.75
20 Day Low11.91
52 Week High24.75
52 Week Low6.3
CS1 End11.23
CR1 StartN/A
Volume & EV
DER(3)0.84%
DER(5)0.13%
Volume3.93M
Volume Incr-38.07%
Vol(5)2.49M
Vol(50)2.27M