(METC) Ramaco Resources complete technical analysis [charts+indicators] | Buy/Sell Ramaco Resources | (METC) share price targets
Complete technical analysis of Ramaco Resources (METC) by charts plus indicators, forecast predictions and share price targets for Ramaco Resources (METC)
Ramaco Resources trades in USA in Energy sector.
Showing technical analysis as on 2024-05-29 View latest technical analysis
10 day averaged volume of Ramaco Resources is 559080
Date | Daily Closing Price | Open | High | Low | Volume |
29 Wed May 2024 | 13.78 | 14.14 | 14.20 | 13.76 | 0.601 times |
28 Tue May 2024 | 14.27 | 14.34 | 14.48 | 14.19 | 0.903 times |
23 Thu May 2024 | 14.04 | 14.66 | 14.79 | 13.93 | 0.698 times |
22 Wed May 2024 | 14.68 | 14.29 | 14.75 | 14.07 | 1.083 times |
21 Tue May 2024 | 14.39 | 14.18 | 14.60 | 14.13 | 0.91 times |
20 Mon May 2024 | 14.25 | 13.42 | 14.28 | 13.35 | 1.219 times |
17 Fri May 2024 | 13.30 | 13.13 | 13.40 | 12.94 | 0.786 times |
16 Thu May 2024 | 13.04 | 13.03 | 13.28 | 12.92 | 0.997 times |
15 Wed May 2024 | 13.00 | 13.25 | 13.25 | 12.76 | 1.05 times |
14 Tue May 2024 | 13.17 | 12.94 | 13.28 | 12.88 | 1.036 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 13.2 as stoploss in an intra day buy trade for a target of 14.39. However, stock will show a bearish move below 13.2.
Share price targets for Ramaco Resources (METC)
Target Type | Value |
Downside Target | 12.68 |
Downside Target | 13.35 |
Downside Target | 13.76 |
Upside Target | 14.48 |
Upside Target | 15.24 |
Upside Target | 15.72 |
Upside Target | 16.52 |
Upside Target | 16.61 |
Upside Target | 17.02 |
Upside Target | 17.23 |
Upside Target | 19.82 |
Upside Target | 20.70 |
Upside Target | 22.70 |
Intraday share price targets for Ramaco Resources (METC)
Target Type | Value |
Downside Intraday Target | 13.53 |
Downside Intraday Target | 13.29 |
Upside Intraday Target | 14.25 |
Upside Intraday Target | 14.73 |
Upside Intraday Target | 14.01 |
Weekly technical analysis of Ramaco Resources (METC)
Date | Weekly Closing Price | Open | High | Low | Volume |
29 Wed May 2024 | 13.78 | 14.34 | 14.48 | 13.76 | 0.385 times |
23 Thu May 2024 | 14.04 | 13.42 | 14.79 | 13.35 | 0.754 times |
17 Fri May 2024 | 13.30 | 12.73 | 13.40 | 12.68 | 0.574 times |
10 Fri May 2024 | 12.95 | 16.30 | 16.52 | 12.76 | 2.037 times |
03 Fri May 2024 | 16.30 | 15.97 | 16.61 | 15.24 | 0.983 times |
Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.
Monthly technical analysis of Ramaco Resources (METC)
Date | Monthly Closing Price | Open | High | Low | Volume |
29 Wed May 2024 | 13.78 | 15.79 | 16.52 | 12.68 | 1.111 times |
30 Tue Apr 2024 | 15.68 | 16.86 | 17.23 | 14.55 | 0.535 times |
28 Thu Mar 2024 | 16.84 | 17.68 | 20.70 | 15.89 | 1.21 times |
29 Thu Feb 2024 | 17.58 | 18.98 | 19.82 | 15.72 | 0.647 times |
Scroll below to view daily charts
Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.
Indicators analysis of Ramaco Resources (METC)
Price action analysis of Ramaco Resources ( (METC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ramaco Resources ( (METC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ramaco Resources ( (METC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ramaco Resources ( (METC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ramaco Resources stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Ramaco Resources in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ramaco Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ramaco Resources in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ramaco Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.8 and Ramaco Resources (METC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Ramaco Resources (METC) stock. Volume based technical analysis of Ramaco Resources (METC) stock is negative.
Ramaco Resources Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Ramaco Resources ( (METC) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Ramaco Resources ( (METC) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Ramaco Resources ( (METC) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Ramaco Resources ( (METC) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Ramaco Resources stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Ramaco Resources in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Ramaco Resources Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Ramaco Resources in short term but SELL signal is weak.
RSI is generating a SELL signal in short term but selling is losing momentum.
MRSI is in negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling might be slowing down
Stock of Ramaco Resources is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 13.8 and Ramaco Resources (METC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.
People seem to be coming out and selling the Ramaco Resources (METC) stock. Volume based technical analysis of Ramaco Resources (METC) stock is negative.
Ramaco Resources Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.