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.
NAMM has a bad technical rating, but it does show a decent setup pattern. We see reduced volatility while prices have been consolidating in the most recent period.
More info and screens
0.95
We found 1 important support area.
- A support zone ranging from 0.96 to 0.96. This zone is formed by a combination of multiple trend lines in multiple time frames.
When analyzing the resistance we notice one important area.
- A resistance zone ranging from 0.98 to 1.00. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
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) | 33.72 | NEUTRAL | The RSI value for NAMM is a neutral value. |
| Moving Average Convergence Divergence/MACD (12, 26, 9) | 0.02 | POSITIVE | The MACD value suggests NAMM has a positive trend, although the MACD value is declining. |
| Stochastics (14,3) | 9.64 | OVERSOLD | The low Stochastics value suggests NAMM may be oversold. |
| Average True Range in percent/ATR (20) | 8.12 | HIGH VOLATILITY | The high ATR as a percentage value for NAMM suggests high volalility. |
| Average Directional Index/ADX (14) | 25.53 | POSITIVE | The high ADX value value for NAMM suggests a strong trend. |
0.9665
-0.03 (-2.59%)
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 trend direction for 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 33.7215. This indicates that the stock is currently neutral.
What is the MACD signal for NAMM stock?
The MACD indicator for NAMIB MINERALS (NAMM) has a value of 0.0219095, indicating a bearish trend.
Can you provide the buy/sell signal for NAMIB MINERALS?
The buy/sell signal for NAMIB MINERALS (NAMM) is sell as both the short term and long term trends are negative.