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8common Limited

8common Limited (8CO.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for 8common Limited.

8CO.AX●ASX
TechnologySoftware - Application
$0.04
$0.001(2.56%)
Australian Market is Open · 12:51
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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

8common Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Bullish to Bearish Risk (RSI: 95.12)
Trend Strength:Very Strong (ADX: 55.01)
Support/Resistance:$0.01 – $0.04 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 95.12

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 69.29

Bullish
Buying momentum building without extremes.

Williams %R: -29.17

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 73.91

Strongly Bullish
Strong upside momentum.

Takeaway:8common Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 55.01

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 120.86

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:8common Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.04
Middle Band (SMA 20)
$0.03
Lower Band
$0.01
Current Position
Within Bands

Takeaway:8common Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.03
Middle Line (EMA 20)
$0.03
Lower Channel
$0.02
Squeeze Status
No Squeeze

Takeaway:8common Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume1.22M
Money Flow Index97.42Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index44.52Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of 8common Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ