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8common Limited

8CO.AX Technical Analysis Summary (ASX)

Analyze 8CO.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

8CO.AX●ASX
TechnologySoftware - Application
$0.04
$0.00(0.00%)
Australian Market opens in 2h 56m

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

8CO.AX Technical Analysis Summary (ASX)

8common Limited (ASX: 8CO.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 41.63)
Trend Strength:Strong (ADX: 38.39)
Support/Resistance:$0.03 – $0.04 (Bollinger Bands)

Technical conditions suggest 8common Limited on the ASX is awaiting a decisive move. Technical conditions suggest 8common Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 41.63

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 0.00

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.41

Strongly Bearish
Sharp downside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 38.39

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -70.27

Bearish
Bearish, momentum remains under pressure.

Takeaway:8common Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.04
Middle Band (SMA 20)
$0.04
Lower Band
$0.03
Current Position
Within Bands

Takeaway:8common Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.04
Middle Line (EMA 20)
$0.04
Lower Channel
$0.03
Squeeze Status
No Squeeze

Takeaway:8common Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.42M
Money Flow Index18.19Bullish, oversold conditions signal rebound potential.
Relative Vigor Index8.93Bearish, price momentum favors sellers.

Overall Takeaway:8CO.AX shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of 8common Limited (ASX: 8CO.AX), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for 8common Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: 8CO.AX) Technical Analysis FAQ