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Altair Minerals Limited

ALR.AX Technical Analysis Summary (ASX)

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

ALR.AX●ASX
Basic MaterialsIndustrial Materials
$0.04
$0.001(2.50%)
Australian Market opens in 5h 9m

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

ALR.AX Technical Analysis Summary (ASX)

Altair Minerals Limited (ASX: ALR.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 66.72)
Trend Strength:Strong (ADX: 35.53)
Support/Resistance:$0.03 – $0.04 (Bollinger Bands)

Technical conditions suggest Altair Minerals Limited on the ASX is awaiting a decisive move. This mix signals that Altair Minerals Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 66.72

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 77.78

Bullish
Buying momentum building without extremes.

Williams %R: -20.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 35.48

Strongly Bullish
Strong upside momentum.

Takeaway:Altair Minerals Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 35.53

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 83.30

Bullish
Bullish, momentum building upward.

Takeaway:Altair Minerals Limited shows a firm trend supported by momentum, though one signal suggests caution.

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

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

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

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

Volume & Money Flow Analysis
On-Balance Volume4.05M
Money Flow Index83.91Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index50.68Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:ALR.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Altair Minerals Limited (ASX: ALR.AX), 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.

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

(ASX: ALR.AX) Technical Analysis FAQ