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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
$0.004(9.76%)
Australian Market is Open · 15:55

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: 49.14)
Trend Strength:Very Strong (ADX: 61.99)
Support/Resistance:$0.04 – $0.04 (Bollinger Bands)

Technical conditions suggest 8common Limited on the ASX is awaiting a decisive move. Overall, 8common Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 49.14

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 50.00

Neutral
Mid-range signal with no clear trend.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -7.50

Strongly Bearish
Sharp downside momentum.

Takeaway:8common Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 61.99

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -163.48

Bearish
Bearish, oversold conditions may spark rebound.

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
$0.04
Current Position
Below Lower Band

Takeaway:8common Limited trades near the lower band, signaling oversold conditions and potential rebound.

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

Takeaway:8common Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume1.61M
Money Flow Index49.83Neutral, balanced money flows with no clear signal.
Relative Vigor Index9.56Bearish, price momentum favors sellers.

Overall Takeaway:8CO.AX shows mixed signals in money flow analysis.

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