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Caledonia Mining Corporation Plc

CMCL Technical Analysis Summary (AMEX)

Analyze CMCL on the AMEX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

CMCL●AMEX
Basic MaterialsGold
$22.84
$0.11(0.48%)
U.S. Market opens in 16h 20m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

CMCL Technical Analysis Summary (AMEX)

Caledonia Mining Corporation Plc (AMEX: CMCL) stock currently shows a bullish trend on the AMEX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 71.47)
Trend Strength:Moderate (ADX: 28.80)
Volatility:Medium (ATR: 0.92)
Support/Resistance:$15.66 – $22.53 (Bollinger Bands)

Technical conditions suggest Caledonia Mining Corporation Plc on the AMEX is awaiting a decisive move. Technical conditions suggest Caledonia Mining Corporation Plc is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 71.47

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 98.30

Bearish
Overbought levels may trigger pullback.

Williams %R: -0.60

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 23.20

Strongly Bullish
Strong upside momentum.

Takeaway:Caledonia Mining Corporation Plc shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 0.73

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.80

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.92

Low
Low volatility, stable price action.

CCI (14): 151.77

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Caledonia Mining Corporation Plc shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$22.53
Middle Band (SMA 20)
$19.10
Lower Band
$15.66
Current Position
Above Upper Band

Takeaway:Caledonia Mining Corporation Plc trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$21.74
Middle Line (EMA 20)
$19.89
Lower Channel
$18.05
Squeeze Status
No Squeeze

Takeaway:Caledonia Mining Corporation Plc trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-2.62M
Money Flow Index71.22Bullish, inflows support continued momentum.
Relative Vigor Index75.86Bullish, price momentum strongly favors buyers.

Overall Takeaway:CMCL shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Caledonia Mining Corporation Plc (AMEX: CMCL), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Caledonia Mining Corporation Plc currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(AMEX: CMCL) Technical Analysis FAQ