RAMACO RESOURCES INC-A (METC)

US75134P3038 - Common Stock

10.25  -0.18 (-1.73%)

After market: 10.38 +0.13 (+1.27%)

Technical Rating and Analysis

0

Overall METC gets a technical rating of 0 out of 10. METC 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 short term trend is negative, as is the long term trend. There should be more interesting stocks out there.
When comparing the yearly performance of all stocks, METC is a bad performer in the overall market: 85% of all stocks are doing better.
METC is part of the Metals & Mining industry. There are 155 other stocks in this industry, of which 71% are performing better than METC.
METC is currently trading near the lower end of its 52 week range, which is not a good sign. The S&P500 Index is trading in the upper part of its 52 week range, so METC is lagging the market.
In the last month METC has a been trading in the 10.05 - 14.68 range, which is quite wide. It is currently trading near the lows of this range.
Prices have been falling strongly lately, it is better to avoid new long positions here.
Weekly and Daily overview Charts
METC Weekly chart
METC Daily chart
Setup Rating and Analysis

3

The technical rating of METC 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.

Support and Resistance Analysis

9.30

13.88

2 important support areas can be observed.

  • Support @9.86 from a trend line in the weekly time frame.
  • Support @9.39 from a horizontal line in the weekly time frame.

When analyzing the resistance we notice 3 important areas.

  • A resistance zone ranging from 11.55 to 11.60. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • A resistance zone ranging from 12.09 to 12.12. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
  • Resistance @13.74 from a trend line in the daily time frame.
Statistics, Performance, Trends, Indicators, Chart- and CandleStick Patterns
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.55
Mansfield-3.52
10 Day High12.94
10 Day Low10.05
20 Day High14.68
20 Day Low10.05
52 Week High22.7
52 Week Low9.03
Performance
1 Week-14.73%
2 Weeks-13.87%
1 Month-22.02%
3 Month1.08%
6 Month-17.07%
12 Month-42.35%
2 Year16.61%
3 Year-24.63%
5 Year186.31%
10 YearN/A
15 YearN/A
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.3
RSI(14)36.08
LBB9.98
UBB13.85
METC Daily chart

RAMACO RESOURCES INC-A

NASDAQ:METC (12/20/2024, 8:24:05 PM)

After market: 10.38 +0.13 (+1.27%)

10.25

-0.18 (-1.73%)

Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-1.73%
1 Week-14.73%
2 Weeks-13.87%
1 Month-22.02%
3 Month1.08%
6 Month-17.07%
12 Month-42.35%
2 Year16.61%
3 Year-24.63%
5 Year186.31%
10 YearN/A
15 YearN/A
Volatility
ATR(14)0.9
ATR(20)%8.2%
ATR Inc-19.97%
Range Today0.55
ADR(20)0.8
ADR(20)%7.76%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS15.55
Mansfield-3.52
10 Day High12.94
10 Day Low10.05
20 Day High14.68
20 Day Low10.05
52 Week High22.7
52 Week Low9.03
CS1 End9.86
CR1 Start11.55
Volume & EV
DER(3)1.91%
DER(5)1.47%
Volume638.40K
Volume Incr-7.82%
Vol(5)533.02K
Vol(50)526.31K