Country Icon

Sovereign Mines Of Africa PLC (SMA.L) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 25 May 2017DojiDojiMon, 22 May 20170%
***Stock database and scans are updated around midnight (London time) every trading day.
0.38 0.00 (0%) May 25 3:44pm BST
Open: 0.375 Range: 0.361 - 0.361 Vol: 30K Avg Vol: 1.22M
EPS: -0.20 P/E ratio: 0.00 EBITDA: -1.35M Mkt Cap: 3.23M
Analyze "SMA.L" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Down
Last Trade is below the 5 day moving average at 0.38
Medium Term: Trading is Range Bound
Last Trade is below the 20 day moving average at 0.38
Last Trade is below the 50 day moving average at 0.38
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 0.47
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of SMA.L

Stock Trend Analysis - Buy, Sell or Hold "Sovereign Mines Of Africa PLC" (SMA.L)?

SMA.L is in a long term downtrend and it has traded about 54% of the time below the 200 day moving average in the last 52 weeks on daily average volume of 1.2M shares changing hands. The medium term trend for SMA.L is extremely bearish and weak, having traded almost 84% of the time below the 50 day moving average. The 20 day moving average is also showing some signs of weakness as SMA.L has been trading below its 20 SMA for 67.5% of the time in the last 8 weeks. As SMA.L is in a downtrend characterized by the 200 SMA, currently at 0.47, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Technically, there is very little reason to recommend a buy on this counter. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "SMA.L".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Thu, 25 May 2017

News on "SMA.L" Stock

    United Kingdom Stocks Above 200 Day Moving Average
    TickerNameTrend AnalysisSupport/Resistance
    ERET.LEURP REIT GBP PRPBuy, Sell or HoldTrading Levels & Pivots
    IMI.LIMI plcBuy, Sell or HoldTrading Levels & Pivots
    SGE.LSage Group plcBuy, Sell or HoldTrading Levels & Pivots
    DRX.LDrax Group plc.Buy, Sell or HoldTrading Levels & Pivots
    JDT.LJupiter Dividend & Growth Trust PLCBuy, Sell or HoldTrading Levels & Pivots
    MNKS.LMonks OrdBuy, Sell or HoldTrading Levels & Pivots
    GENL.LGenel Energy plcBuy, Sell or HoldTrading Levels & Pivots
    DWHT.LDewhurst plcBuy, Sell or HoldTrading Levels & Pivots
    NII.LNew India OrdBuy, Sell or HoldTrading Levels & Pivots
    HTG.LHunting plcBuy, Sell or HoldTrading Levels & Pivots