USA - NASDAQ:METCB - US75134P5017 - Common Stock
Overall METCB gets a technical rating of 1 out of 10. METCB has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
The technical rating of METCB is bad and it also does not present a quality setup 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.
8.24
When analyzing the support we can see 3 important areas.
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 METCB is neutral. | 
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for METCB is down. | 
| ChartMill Relative Strength | 73.96 | POSITIVE | METCB has a high relative strength, it outperformed 73.96% off all stocks on the market. | 
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of METCB is below a declining SMA(20). | 
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of METCB is below a declining SMA(50). | 
| Simple Moving Average/SMA (200) | UP | POSITIVE | The current price of METCB is above the rising SMA(200). | 
| Relative Strength Index/RSI (14) | 33.4 | NEUTRAL | The RSI value for METCB is a neutral value. | 
| Moving Average Convergence Divergence/MACD (12, 26, 9) | -0.66 | NEGATIVE | The MACD value suggests METCB has a negative trend, although the MACD value is rising. | 
| Stochastics (14,3) | 3.14 | OVERSOLD | The low Stochastics value suggests METCB may be oversold. | 
| Average True Range in percent/ATR (20) | 12.98 | HIGH VOLATILITY | The high ATR as a percentage value for METCB suggests high volalility. | 
| Average Directional Index/ADX (14) | 32.99 | POSITIVE | The high ADX value value for METCB suggests a strong trend. | 
12.74
-0.15 (-1.16%)
ChartMill assigns a technical rating of 1 / 10 to METCB.
The current trend direction for RAMACO RESOURCES INC-B (METCB) is Bearish.
RAMACO RESOURCES INC-B (METCB) has an RSI value of 33.3957. This indicates that the stock is currently neutral.
The MACD indicator for RAMACO RESOURCES INC-B (METCB) has a value of -0.659097, indicating a bearish trend.
RAMACO RESOURCES INC-B (METCB) has a support level at 12.73. Check the full technical report for our detailed analysis of METCB support and resistance levels.