NAMIB MINERALS (NAMM) Stock Technical Analysis
USA - NASDAQ:NAMM - KYG636381033 - Common Stock
Taking everything into account, NAMM scores 0 out of 10 in our technical rating. NAMM scores bad on all fronts: it is a bad performer in the overall market and both the medium and short term pictures are negative.
The technical rating of NAMM 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.
More info and screens
1.53
When analyzing the resistance we notice one important area.
- Resistance @2.40 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 | DOWN | NEGATIVE | The long term trend for NAMM is down. |
| ChartMill Short Term Trend Indicator | DOWN | NEGATIVE | The short term trend for NAMM is down. |
| ChartMill Relative Strength | 0 | NEGATIVE | NAMM has a low relative strength, it was outperformed by 100% off all stocks on the market. |
| Simple Moving Average/SMA (20) | DOWN | NEGATIVE | The current price of NAMM is below a declining SMA(20). |
| Simple Moving Average/SMA (50) | DOWN | NEGATIVE | The current price of NAMM is below a declining SMA(50). |
| Relative Strength Index/RSI (14) | 34.63 | NEUTRAL | The RSI value for NAMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0 | NEGATIVE | The MACD value suggests NAMM has a negative trend, although the MACD value is rising. |
| Stochastics (14,3) | 13.54 | OVERSOLD | The low Stochastics value suggests NAMM may be oversold. |
| Average True Range in percent/ATR (20) | 11.03 | HIGH VOLATILITY | The high ATR as a percentage value for NAMM suggests high volalility. |
| Average Directional Index/ADX (14) | 20.31 | NEUTRAL | The ADX value for NAMM suggests a possible start of a new trend. |
1.55
+0.21 (+15.67%)
NAMIB MINERALS / NAMM FAQ
Can you provide the ChartMill technical rating for NAMIB MINERALS?
ChartMill assigns a technical rating of 0 / 10 to NAMM.
What is the current trend direction of NAMIB MINERALS (NAMM) stock?
The current trend direction for NAMIB MINERALS (NAMM) is Bearish.
Can you provide the RSI signal for NAMIB MINERALS?
NAMIB MINERALS (NAMM) has an RSI value of 34.6324. This indicates that the stock is currently neutral.
What is the buy/sell signal for NAMM stock?
The buy/sell signal for NAMIB MINERALS (NAMM) is sell as both the short term and long term trends are negative.
Can you provide the support and resistance levels for NAMIB MINERALS?
NAMIB MINERALS (NAMM) has a resistance level at 2.4. Check the full technical report for our detailed analysis of NAMM support and resistance levels.