Is African Rainbow Minerals Limited stock a buy or sell right now?

African Rainbow Minerals Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is African Rainbow Minerals Limited’s RSI?

RSI is 59.85, showing balanced momentum within the normal range.

What does MACD indicate for AFBOF?

MACD at 0.31 remains positive, but the signal line crossover suggests short-term caution.

What are African Rainbow Minerals Limited’s key support and resistance levels?

Support sits around $12.18, while resistance is near $12.49.

African Rainbow Minerals Limited

AFBOF•PNK

Basic Materials

Industrial Materials

$12.35

$0.00(0.00%)

U.S. Market opens in 5h 56m

African Rainbow Minerals Limited (AFBOF) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for African Rainbow Minerals Limited (PNK:AFBOF).

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

AFBOF Technical Analysis Summary

African Rainbow Minerals Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Neutral to Bullish (RSI: 59.85)

Trend Strength:Weak (ADX: 18.24)

Volatility:Low (ATR: 0.17)

Support/Resistance:$12.18 – $12.49 (Bollinger Bands)

Technical conditions suggest African Rainbow Minerals Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 59.85

Bullish

Above midpoint suggests upward bias.

Rate of Change (ROC): 0.00

Neutral

Price change is minimal.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.31

Bullish

Bullish, trend momentum is strengthening.

ADX: 18.24

Weak

Weak trend, market trading sideways.

ATR (14): 0.17

Low

Low volatility, stable price action.

CCI (14): 0.00

Neutral

Neutral, no strong directional signal.

Takeaway:African Rainbow Minerals Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$12.49

Middle Band (SMA 20)

$12.33

Lower Band

$12.18

Current Position

Within Bands

Takeaway:African Rainbow Minerals Limited trades around the middle band, reflecting balanced price action.

Keltner Channels

Upper Channel

$12.45

Middle Line (EMA 20)

$12.10

Lower Channel

$11.75

Squeeze Status

Squeeze On

Takeaway:African Rainbow Minerals Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis

On-Balance Volume4.60K

Money Flow Index50.00Neutral, balanced money flows with no clear signal.

Relative Vigor Index12.65Bearish, price momentum favors sellers.

Overall Takeaway:AFBOF shows mixed signals in money flow analysis.

Technical Trading Signals Summary

Based on the current technical analysis of African Rainbow Minerals Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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