MEL
METGASCO LTD
$0.0170
▼ -5.56%
Market cap
$1M
Turnover
$129
Last price
$0.0170
Day change
-5.56%
Announcements
6
Range, past year
Open 0.002 · Low 0.001 · Now 0.017 · High 0.030
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MEL momentum and trend analysis
Our analysis
Independent analysis generated by Stock Trade Intelligence
as at 2026-09-28.
Momentum quality
41/100
Wyckoff phase
Accumulation23d
Trend stage
Breakdown
1 Day
-5.6%
1 Week
-10.5%
1 Month
+54.5%
1 Year
-79.8%
RSI
54
Avg daily range
8.7%
METGASCO LTD scores 41 out of 100 for momentum quality, a reading rated very low confidence. The score weighs trend structure, price consistency, volume backing and how long the move has held, so a high reading means a sustained trend rather than a single large day. Its trend is currently classified as Breakdown.
On the Wyckoff cycle it sits in Accumulation, where it has been for 23 trading days. The weekly timeframe reads Downtrend, which does not yet agree with the daily view.
Against the wider market it is currently outperforming and the institutional accumulation signal reads low.
What stands out
- Fresh trend age (17 days)
- Volume 1.8× 60-day avg
Points to watch
- 60d drawdown -35.7%
- High volatility (ATR 8.7%)
- Thin liquidity
- Risk rating: Very High
- Composite downside risk elevated
MEL announcements
Recent price-sensitive releases.
- 2026-07-31 Quarterly Activities and Cashflow Reports Fourth Quarter Activities Report | Fourth Quarter Cash Flow Report
- 2026-07-02 Extension of Loan Agreements
- 2026-05-20 Debt Bridging Facility
- 2026-04-30 Quarterly Activities and Cashflow Reports
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