Technical Analysis for METCB - Ramaco Resources, Inc.

Grade Last Price % Change Price Change
B 12.42 2.14% 0.26
METCB closed up 2.14 percent on Friday, September 22, 2023, on 41 percent of normal volume. It was able to find support at its 50 day moving average. Note that the stock is in overbought territory based on its Slow Stochastic indicator (14, 3, 3) -- so don't be surprised if it goes sideways or a pulls back.

Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent N/A Up Up

Date Alert Name Type % Chg
50 DMA Support Bullish 0.00%
Overbought Stochastic Strength 0.00%
Upper Bollinger Band Touch Strength 0.00%
Stochastic Sell Signal Bearish 2.14%
Crossed Above 50 DMA Bullish 2.14%
MACD Bullish Centerline Cross Bullish 2.14%
Outside Day Range Expansion 2.14%
Overbought Stochastic Strength 2.14%
Gapped Down Weakness 2.14%
Fell Below 50 DMA Bearish 3.76%

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Profile

Ramaco Resources, Inc. Description

Ramaco Resources, Inc. is an operator and developer of high-quality, low-cost metallurgical coal in southern West Virginia, southwestern Virginia and southwestern Pennsylvania. Its executive offices are in Lexington, Kentucky, with operational offices in Charleston, West Virginia and Sheridan, Wyoming. The Company currently has three active mining complexes in Central Appalachia and one mine not yet in production near Sheridan, Wyoming which contains large deposits of rare earth elements. Contiguous to the Wyoming mine the Company operates a research and pilot facility related to the production of advanced carbon products and materials from coal. In connection with these activities, it holds a body of roughly 50 intellectual property patents, pending applications, exclusive licensing agreements and various trademarks


Classification

Sector: Basic Materials
Industry: Coking Coal
Keywords: Coal Coal Mining Carbon Products West Virginia

Is METCB a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 14.641
52 Week Low 9.2184
Average Volume 48,425
200-Day Moving Average 0.00
50-Day Moving Average 12.02
20-Day Moving Average 11.19
10-Day Moving Average 11.37
Average True Range 0.85
RSI (14) 59.02
ADX 18.89
+DI 23.21
-DI 13.92
Chandelier Exit (Long, 3 ATRs) 10.24
Chandelier Exit (Short, 3 ATRs) 12.24
Upper Bollinger Bands 12.73
Lower Bollinger Band 9.66
Percent B (%b) 0.9
BandWidth 27.40
MACD Line 0.09
MACD Signal Line -0.15
MACD Histogram 0.2386
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 13.70
Resistance 3 (R3) 13.68 13.24 13.48
Resistance 2 (R2) 13.24 12.92 13.25 13.41
Resistance 1 (R1) 12.83 12.71 13.04 12.85 13.34
Pivot Point 12.39 12.39 12.49 12.40 12.39
Support 1 (S1) 11.98 12.07 12.19 12.00 11.50
Support 2 (S2) 11.54 11.86 11.55 11.43
Support 3 (S3) 11.13 11.54 11.36
Support 4 (S4) 11.15