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How did Namibia Critical Metals stock perform recently?

The basis of investor sentiment is discussions and interactions of market participants in social media around the stock market. Namibia Critical Metals has been discussed particularly positively over the past two weeks.The Relative Strength Index of Namibia Critical Metals, at a level of 66.67, leads to a rating of “Hold”.

Philip Gregg

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The share price of Namibia Critical Metals stands at CA$0.22 on 13.12.2020, the clock on the domestic stock exchange Venture. The stock is categorized under the Diversified Metals & Mining industry.

This article analyzes Namibia Critical Metals’ outlook using 5 significant categories. For each category, the stock receives a partial score. The results lead to an overall rating of “Buy”, “Hold” or “Sell”.

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Should investors sell immediately? Or is it worth getting in on Namibia Critical Metals after all?

How will Namibia Critical Metals continue to perform after the Corona crisis? Is your money safe in this stock? Find out the answers to these questions and why you need to act now in the latest analysis on Namibia Critical Metals stock.

The first category refers to investors

The basis of investor sentiment is discussions and interactions of market participants in social media around the stock market. Namibia Critical Metals has been discussed particularly positively over the past two weeks. On 11 days, the discussion was dominated by positive topics, while negative communication prevailed on two days.

Currently, during the past one or two days, it is also mainly positive topics that investors are interested in. Based on this sentiment, the stock gets a “buy” rating. That gives Namibia Critical Metals an overall “Buy” rating based on the investor sentiment barometer.

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The second category is based on the change in investors’ sentiment 

Namibia Critical Metals has seen a significant change in sentiment towards the negative in recent weeks. A change in sentiment occurs when the mass of market participants on social media, which forms the basis of this evaluation, has a bias towards particularly positive or negative themes. 

Since Namibia Critical Metals registered negative conspicuous in this respect, we rate this criterion as “Sell”. With regard to the strength of the discussion, or in other words, the change in the number of posts, no significant differences could be identified. We honor this with a “Hold” rating. In summary, Namibia Critical Metals receives a “Sell” for this level.

The third category takes into account the Relative Strength Index

A prominent signal of technical analysis, the Relative Strength Index, RSI, relates the upward and downward movements of prices in a period of – exemplary – 7 days. If the RSI is between 0 and 30, a value is considered “oversold”, between 70 and 100 it is considered “overbought” and in between it is considered neutral.

The RSI of Namibia Critical Metals, at a level of 66.67, leads to a rating of “Hold”. The RSI25, based on a 25-day period, at 52.38 is indicative of a “hold” rating at this level. This places the overall assessment at “Hold”.

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(Featured image by geralt via Pixabay)

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This article may include forward-looking statements. These forward-looking statements generally are identified by the words “believe,” “project,” “estimate,” “become,” “plan,” “will,” and similar expressions. These forward-looking statements involve known and unknown risks as well as uncertainties, including those discussed in the following cautionary statements and elsewhere in this article and on this site. Although the Company may believe that its expectations are based on reasonable assumptions, the actual results that the Company may achieve may differ materially from any forward-looking statements, which reflect the opinions of the management of the Company only as of the date hereof. Additionally, please make sure to read these important disclosures.

First published in AKTIEN CHECK, a third-party contributor translated and adapted the article from the original. In case of discrepancy, the original will prevail.

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Philip Gregg is a tech biz writer, with a keen understanding of blockchain technology, Internet of Things, and cloud services. He also serves as chief consultant for an IT business in Washington and a cryptowallet startup in Tokyo. Philip holds an MBA in finance and has previously worked at a Silicon Valley company before striking out on his own. He is a dad to three German Shepherds and owns a sweet vintage Mustang he fondly calls Sadie.