Mining (157)

Ormonde Mining (CDI) (ORM)

Sell: 0.70p

Buy: 0.90p

Change: 0.00p | 0.00%

Last updated n/a. Prices delayed by at least 15 minutes. Change is calculated based on previous close price.

Technical analysis

The information in this section is provided by Noesis Tech Analysis not Barclays.

This share factsheet isn’t an investment recommendation. We don’t offer personal advice so if you’re unsure, please seek independent advice. Remember, the value of investments can fall as well as rise and you may get back less than you invest.

Trend

The trend arrows show short, mid and long term signal.

Short term:

Strong Bearish
Medium term:

Strong Bullish
Long term:

Strong Bullish

Short term comment

The price environment is neutral-bearish quoting at resistance levels of 0.007, a critical zone whose overcoming is necessary to move the bearish risk away. Support of low importance in 0.007 and base of the range in 0.007, below which the technical situation would be significantly more negative.

Long term comment

The bearish phase that occurs between may 17 and october 19, going back from levels at 0.006, to 0.007, supposes a moderate correction of the previous rise, that went up from 0.011 to 0.006. The current bullish phase, however, remains below maximal resistive environments at 0.006. There is no sign of weakness in the rise nor is it in overbought and resistance levels (in the area of 0.006,).

Technical outlook

Bullish in the long term, although it must still break above the resistance at 21.07 to slightly improve in the short term.

Technical Comment: Outperform

Oscillators

Moving average

View technical details

Pivot points

Pivot points
Support 3	Support 2	Support 1	Resistance 1	Resistance 2	Resistance 3
0.0070	0.0070	0.0070	0.0070	0.0070	0.0070

Alerts

Alerts
Priority	Date	Warning
Medium priority	28/10/2024	The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority	28/10/2024	The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority	28/10/2024	The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
High priority	28/10/2024	Price in support area Its loss would be a negative signal, but note the possibility of noise around the level.
High priority	28/10/2024	Price in resistance area. Breaking it would be a positive signal, but consider the possibility of noise (false breaks) around the level.
Medium priority	25/10/2024	The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority	25/10/2024	The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
Medium priority	25/10/2024	The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.
High priority	25/10/2024	Price in support area Its loss would be a negative signal, but note the possibility of noise around the level.
High priority	25/10/2024	Price in resistance area. Breaking it would be a positive signal, but consider the possibility of noise (false breaks) around the level.
Medium priority	24/10/2024	The RSI7 indicates an overbought price. Thus, bearish pressure can increase in the short term.

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The information contained within this website is provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd unless otherwise stated. The information is not intended to be advice or a recommendation to buy, sell or hold any of the shares, companies or investment vehicles mentioned, nor is it information meant to be a research recommendation. This is a solution powered by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd incorporating their prices, data news, charts, fundamentals and investor tools on this site. Terms and conditions apply. Prices and trades are provided by Allfunds Digital, S.L.U. acting through its business division Digital Look Ltd and are delayed by at least 15 minutes.