Ximen Mining: stock analysis from 05/21/2022 a "Buy" ratingXimen Mining: stock analysis from 05/21/2022
On the home exchange Venture, Ximen Mining is listed at CAD 0.13 as of May 21, 2022, 00:22. Ximen Mining belongs to the "Gold" segment.
Using a proven scheme, we evaluated Ximen Mining at the current level. The stock is
evaluated for 5 factors, each of which is given the rating "Buy", "Hold" or "Sell". This results in an overall assessment in the last step.
1. Relative Strength Index: A prominent signal in technical analysis, the Relative Strength Index, or RSI, correlates the ups and downs of price movements over an exemplary 7-day period. Values between 0 and 30 are considered "oversold", values between 70 and 100 are considered "overbought" and values in between are considered neutral. The RSI of Ximen Mining leads to a Hold rating at a level of 75.
The 25-day RSI25 at 62.86 is indicative of a hold view at this level. This puts the overall rating on "Hold".
2. Sentiment and Buzz: Strong positive or negative fluctuations in Internet communication can be identified precisely and at an early stage with our analysis. However, the mood has hardly changed for Ximen Mining in the past few weeks.
We give the stock a "Hold" rating for this. The discussion strength measures the attention of market participants in social media. For Ximen Mining, our programs have not measured any exceptional activity over the past four weeks. Ximen Mining gets a "Hold" rating for it. Overall, the share is therefore rated a "Hold" at this level.
3. Technical Analysis: Trend-following indicators are intended to indicate whether a security is currently in an up or down trend (see Wikipedia). The moving average is one such indicator, we are looking at the 50 and 200 day moving averages here. First, let's take a look at the longer-term average over the last 200 trading days. For the Ximen Mining share, this is currently CAD 0.21. The last closing price (0.13 CAD) is therefore significantly lower (-38.1 percent deviation in comparison).On this basis, Ximen Mining receives a "Sell" rating. Now a look at the shorter-term 50-day moving average: Also for this value (0.18 CAD), the last closing price is below the moving average (-27.78 percent), so the Ximen Mining share receives a " Sell" rating. Overall, Ximen Mining is given a "Hold" rating based on trend-following indicators
4. Investors: A look at the discussion in social media shows the following picture: In the
last few days, market participants were generally positive about Ximen Mining. On all of the days under review, the discussion revolved primarily around positive topics; there was no negative discussion to report. The latest news from the past day or two about the company is also mostly positive. Therefore, based on our sentiment analysis, Ximen Mining receives a "Buy" rating. Overall, Ximen Mining receives a "buy" rating from the editors for investor sentiment.
5. Sector comparison Stock price: Compared to the average annual performance of stocks from the same sector ("Materials"), Ximen Mining is more than 65 percent below with a return of -43.08 percent. The "Metals and Mining" sector has an average return of 21.45 percent over the past 12
months.
Here, too, Ximen Mining is significantly lower with 64.53 percent. The stock's performance over the past year results in a "Sell" rating in this category.
This gives Ximen Mining stock a "Buy" rating (when viewed overall across all 5 factors
evaluated).