(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 2024-02-29 View latest technical analysis
10 day averaged volume of Ramaco Resources is 791260
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 17.58 | 17.44 | 18.02 | 17.30 | 0.904 times |
| 28 Wed Feb 2024 | 17.28 | 19.50 | 19.50 | 16.72 | 1.672 times |
| 27 Tue Feb 2024 | 19.40 | 19.50 | 19.82 | 19.07 | 0.876 times |
| 26 Mon Feb 2024 | 19.37 | 18.27 | 19.40 | 18.03 | 1.55 times |
| 23 Fri Feb 2024 | 18.12 | 18.25 | 18.36 | 17.99 | 0.716 times |
| 22 Thu Feb 2024 | 18.35 | 18.00 | 18.44 | 17.41 | 1.059 times |
| 21 Wed Feb 2024 | 17.99 | 17.42 | 18.02 | 17.14 | 0.675 times |
| 20 Tue Feb 2024 | 17.47 | 17.85 | 17.87 | 17.21 | 0.72 times |
| 16 Fri Feb 2024 | 18.00 | 18.50 | 18.56 | 17.60 | 0.695 times |
| 15 Thu Feb 2024 | 18.32 | 18.24 | 18.38 | 17.66 | 1.017 times |
My analysis of stock is bearish for shortterm, and stock might move down till 16.8 or till 15.7. Use a stoploss of 17.76 and if the stock hits stoploss, then it can shoot up till 18.68
Share price targets for Ramaco Resources (METC)
| Target Type | Value |
| Downside Target | 9.57 |
| Downside Target | 11.25 |
| Downside Target | 12.79 |
| Downside Target | 14.84 |
| Downside Target | 15.72 |
| Downside Target | 16.30 |
| Downside Target | 16.72 |
| Upside Target | 17.80 |
| Upside Target | 18.44 |
| Upside Target | 19.78 |
| Upside Target | 19.82 |
| Upside Target | 19.94 |
| Upside Target | 22.70 |
Intraday share price targets for Ramaco Resources (METC)
| Target Type | Value |
| Downside Intraday Target | 16.26 |
| Downside Intraday Target | 14.94 |
| Upside Intraday Target | 19.36 |
| Upside Intraday Target | 21.14 |
| Upside Intraday Target | 18.04 |
Weekly technical analysis of Ramaco Resources (METC)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 17.58 | 18.27 | 19.82 | 16.72 | 1.578 times |
| 23 Fri Feb 2024 | 18.12 | 17.85 | 18.44 | 17.14 | 0.587 times |
| 16 Fri Feb 2024 | 18.00 | 16.31 | 18.99 | 16.30 | 0.893 times |
| 09 Fri Feb 2024 | 16.18 | 17.80 | 17.80 | 15.72 | 1.195 times |
| 02 Fri Feb 2024 | 18.07 | 18.88 | 19.78 | 17.92 | 0.95 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Ramaco Resources (METC)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 29 Thu Feb 2024 | 17.58 | 18.98 | 19.82 | 15.72 | 0.647 times |
| 31 Wed Jan 2024 | 18.88 | 17.16 | 22.70 | 17.02 | 0.842 times |
| 29 Fri Dec 2023 | 17.18 | 16.69 | 18.69 | 14.84 | 0.902 times |
| 30 Thu Nov 2023 | 16.70 | 11.91 | 19.94 | 11.25 | 3.96 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ramaco Resources ( (METC) ) based on a short to mid 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 mid to longer 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.
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 but the sell signal is initial and weak.
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 moving up
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ramaco Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.22 and Ramaco Resources (METC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
Price action analysis of Ramaco Resources ( (METC) ) based on a short to mid 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 mid to longer 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.
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 but the sell signal is initial and weak.
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 moving up
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Ramaco Resources is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 18.22 and Ramaco Resources (METC) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.