RSI low/high Values: [ 25 - 75 ]
* StockInvest.us uses dynamically calculated RSI max/min levels to determine when stock is oversold or overbought based on historical behavior.
AI Analysis of MAIFF
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Minera Alamos Inc. stock price fell more than -5.18% Wednesday closing at $0.218
(Updated on Mar 27, 2024)

Hold candidate since Mar 26, 2024 Loss -5.18% PDF

The Minera Alamos Inc. stock price fell by -5.18% on the last day (Wednesday, 27th Mar 2024) from $0.230 to $0.218. During the last trading day the stock fluctuated 3.14% from a day low at $0.215 to a day high of $0.222. The price has fallen in 6 of the last 10 days and is down by -5.22% for this period. Volume has increased on the last day by 165 thousand shares but on falling prices. This may be an early warning and the risk will be increased slightly over the next couple of days. In total, 268 thousand shares were bought and sold for approximately $58.51 thousand.

The stock lies in the middle of a very wide and falling trend in the short term and further fall within the trend is signaled. Given the current short-term trend, the stock is expected to fall -17.71% during the next 3 months and, with a 90% probability hold a price between $0.147 and $0.195 at the end of this 3-month period. Do note, that if the stock price manages to stay at current levels or higher, our prediction target will start to change positively over the next few days as the conditions for the current predictions will be broken.

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MAIFF Signals & Forecast

The Minera Alamos Inc. stock holds a sell signal from the short-term Moving Average; at the same time, however, there is a buy signal from the long-term average. Since the short-term average is above the long-term average there is a general buy signal in the stock giving a positive forecast for the stock. On further gains, the stock will meet resistance from the short-term Moving Average at approximately $0.221. On a fall, the stock will find some support from the long-term average at approximately $0.216. A break-up through the short-term average will send a buy signal, whereas a breakdown through the long-term average will send a sell signal. A buy signal was issued from a pivot bottom point on Monday, March 11, 2024, and so far it has risen 1.40%. Further rise is indicated until a new top pivot has been found. Some negative signals were issued as well, and these may have some influence on the near short-term development. Furthermore, there is currently a sell signal from the 3 month Moving Average Convergence Divergence (MACD). Minera Alamos Inc. gained volume on the last day, but on falling prices. In technical terms, this is called divergence and may be an early warning. In some cases, increasing volume on falling prices may be considered positive, but that is mainly in typical "sell-offs". The very low volume increases the risk and reduces the other technical signals issued.

Support, Risk & Stop-loss for Minera Alamos Inc. stock

Minera Alamos Inc. finds support from accumulated volume at $0.210 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day and with good trading volume, the risk is considered to be medium. During the last day, the stock moved $0.0068 between high and low, or 3.14%. For the last week, the stock has had daily average volatility of 4.33%.

Our recommended stop-loss: $0.207 (-4.82%) (This stock has medium daily movements and this gives medium risk. There is a buy signal from a pivot bottom found 12 days ago.)

Trading Expectations (MAIFF) For The Upcoming Trading Day Of Thursday 28th

For the upcoming trading day on Thursday, 28th we expect Minera Alamos Inc. to open at $0.218, and during the day (based on 14 day Average True Range), to move between $0.206 and $0.230, which gives a possible trading interval of +/-$0.0119 (+/-5.47%) up or down from last closing price. If Minera Alamos Inc. takes out the full calculated possible swing range there will be an estimated 10.93% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at $0.210 (3.67%) than the resistance at $0.243 (11.42%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Minera Alamos Inc. stock A Buy?

Minera Alamos Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

Current score: -0.859 Hold/Accumulate Unchanged

Predicted Opening Price for Minera Alamos Inc. of Thursday, March 28, 2024

Fair opening price March 28, 2024 Current price
$0.218 ( 0.115%) $0.218

The predicted opening price is based on yesterday's movements between high, low, and closing price.

Trading levels for MAIFF

Fibonacci Support & Resistance Levels

Level Price
Resistance R3 0.225 3.21 %
R2 0.222 2.03 %
R1 0.221 1.30 %
Current price: 0.218
Support S1 0.216 -1.07 %
S2 0.214 -1.80 %
S3 0.212 -2.98 %

Accumulated Volume Support & Resistance Levels

Level Price
Resistance R3 0.257 17.81 %
R2 0.248 13.97 %
R1 0.243 11.42 %
Current price 0.218
Support S1 0.210 -3.67%
S2 0.205 -5.96%
S3 0.201 -8.03%

FAQ

What is the symbol for Minera Alamos Inc. Stock and on which exchange is it traded?
The symbol for Minera Alamos Inc. is MAIFF and it is traded on the OTCBB (OTC Bulletin Board).

Should I buy or sell Minera Alamos Inc. Stock?
Minera Alamos Inc. holds several positive signals, but we still don't find these to be enough for a buy candidate. At the current level, it should be considered as a hold candidate (hold or accumulate) in this position whilst awaiting further development.

How to buy Minera Alamos Inc. Stock?
Minera Alamos Inc. Stock can be purchased through just about any brokerage firm, including online brokerage services.
Click here for our free guide on how to buy Minera Alamos Inc. Stock.

What's the current price of Minera Alamos Inc. Stock?
As of the end of day on the 2024-03-27, the price of an Minera Alamos Inc. (MAIFF) share was $0.218.

What is the 52-week high and low for Minera Alamos Inc. Stock?
The 52-week high for Minera Alamos Inc. Stock is $0.350 and the 52-week low is $0.185.

What is the market capitalization of Minera Alamos Inc. Stock?
As of the 2024-03-27, the market capitalization of Minera Alamos Inc. is 100.691M.
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About Minera Alamos Inc.

Minera Alamos. Minera Alamos Inc., a junior mining exploration company, acquires, explores for, and develops mineral properties in Mexico. The company explores for gold, silver, molybdenum, and copper deposits. Its principal property is the 100% owned Santana project consisting of 9 mining claims with an area of approximately 3,100 hectares located in the east-southeast of Hermosillo, Sonora; 100% owned Cerro de Oro project covering an area of 6,500 hectares si... MAIFF Profile

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