Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-08-19 View latest technical analysis

10 day averaged volume of Ramaco Resources is 615961

Date	Daily Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	12.00	12.38	12.54	11.78	0.553 times
16 Fri Aug 2024	12.32	12.06	12.33	11.92	0.802 times
15 Thu Aug 2024	12.06	11.94	12.24	11.92	0.625 times
14 Wed Aug 2024	11.98	12.93	12.93	11.51	1.42 times
13 Tue Aug 2024	12.85	13.14	13.19	12.49	1.177 times
12 Mon Aug 2024	13.22	13.33	13.54	12.87	0.77 times
09 Fri Aug 2024	13.32	13.05	13.34	12.68	0.675 times
08 Thu Aug 2024	13.01	12.64	13.76	12.52	1.908 times
07 Wed Aug 2024	11.51	12.05	12.10	11.40	0.96 times
06 Tue Aug 2024	11.73	11.59	11.87	11.58	0.622 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 12.1, but if it comes above 12.1, then a intra day buy could be more profitable.
If you take a sell trade below 12.1, then use 12.1 as stoploss and 11.2 as target. However if you take a buy trade in stock , then use 12.1 as stoploss and 12.75 as target.

Share price targets for Ramaco Resources (METC)

Target Type	Value
Downside Target	11.20
Downside Target	11.51
Upside Target	12.12
Upside Target	12.54
Upside Target	13.00
Upside Target	13.54
Upside Target	13.88
Upside Target	14.28
Upside Target	14.55
Upside Target	15.00
Upside Target	15.49
Upside Target	16.52
Upside Target	17.23

Intraday share price targets for Ramaco Resources (METC)

Target Type	Value
Downside Intraday Target	11.67
Downside Intraday Target	11.35
Upside Intraday Target	12.43
Upside Intraday Target	12.87
Upside Intraday Target	12.11

Weekly technical analysis of Ramaco Resources (METC)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Mon Aug 2024	12.00	12.38	12.54	11.78	0.115 times
16 Fri Aug 2024	12.32	13.33	13.54	11.51	0.921 times
09 Fri Aug 2024	13.32	11.47	13.76	11.20	1.483 times
02 Fri Aug 2024	12.37	13.62	13.88	12.12	1 times
26 Fri Jul 2024	13.61	14.28	14.28	13.02	0.968 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
19 Mon Aug 2024	12.00	13.52	13.76	11.20	0.698 times
31 Wed Jul 2024	13.60	13.15	15.49	13.00	0.889 times
28 Fri Jun 2024	12.45	14.17	15.00	11.65	0.949 times
31 Fri May 2024	14.15	15.79	16.52	12.68	1.173 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 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 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 losing momentum.

MACD generated a SELL signal for Ramaco Resources in short term and the sell signal is strong.

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. Bears are getting stronger in this stock.

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 and SELL signal is strong!

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 12.46 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.