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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
ARAFURA RESOURCES NL (NASDAQ:ARAFF)
Sidelines Mode (+55) - ARAFF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ARAFF?
MarketClub looks at technical strength and momentum to determine if the timing is right for ARAFF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ARAFF
The long-term trend has been UP since Mar 14th, 2024 at 0.1493
The intermediate-term trend has been UP since May 2nd, 2024 at 0.1422
The short-term trend has been DOWN since May 9th, 2024 at 0.1229
Smart Scan Analysis for ARAFF
Based on our trend formula, ARAFF is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.1210 | 0.1210 | 0.1210 | 0.1210 | -0.0009 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.1219 | 500 | 2024-05-09 11:10:00 |
| Year High | 0.1074 | Year High Date | 2018-01-08 |
| Year Low | 0.045 | Year Low Date | 2018-10-29 |
| 52wk High | 0.2862 | 52wk High Date | 2023-05-11 |
| 52wk Low | 0.07 | 52wk Low Date | 2024-01-24 |
| Year End Close | 0.17 | Average Volume | 40,604 |
| Shares Outstanding | 441,271 | % Institutional | 1.6 |
| Assets | 20.6M | Liabilities | 5.1M |
| Beta | 3.54 | Volatility | 117.48 |