Pele Mountain Resources Inc (GOLDD) Stock

Pele Mountain Resources Inc's current Relative Strength Index (RSI) is 46.12. This indicates neutral momentum as the RSI is in the middle range. Values around 50 suggest no clear directional bias. The RSI is a momentum oscillator that measures the speed and change of price movements on a scale from 0 to 100. It's used to identify overbought or oversold conditions and potential reversals.

Pele Mountain Resources Inc's current price of $0.03 is below both its 50-day moving average ($0.14) and its 200-day moving average ($0.20). This is typically considered bearish, indicating the stock is in a downtrend across both short and long-term timeframes. The 50-day moving average is below the 200-day moving average, forming what traders call a 'death cross,' which is generally considered a bearish signal. Moving averages smooth out price data to create a single flowing line, making it easier to identify the direction of the trend. The 50-day MA represents medium-term trend, while the 200-day MA reflects the long-term trend.

For Pele Mountain Resources Inc, the MACD Line is -0.02, the Signal Line is -0.03, and the MACD Histogram is 0.01. The positive MACD histogram indicates bullish momentum, with the MACD line above the signal line. This suggests buying pressure is currently stronger than selling pressure. The MACD (Moving Average Convergence Divergence) is a trend-following momentum indicator that shows the relationship between two moving averages of a security's price. The MACD line is calculated by subtracting the 26-period EMA from the 12-period EMA. The signal line is a 9-period EMA of the MACD line, and the histogram represents the difference between the MACD line and the signal line.