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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
$0.05
$0.003(5.88%)
Australian Market opens in 4h 15m

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 to Bearish Risk (RSI: 72.47)
Trend Strength:Very Strong (ADX: 46.08)
Support/Resistance:$0.04 – $0.05 (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): 72.47

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 93.70

Bearish
Overbought levels may trigger pullback.

Williams %R: -11.76

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 26.19

Strongly Bullish
Strong upside momentum.

Takeaway:Altair Minerals Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 46.08

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 160.69

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.05
Middle Band (SMA 20)
$0.04
Lower Band
$0.04
Current Position
Within Bands

Takeaway:Altair Minerals Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.05
Middle Line (EMA 20)
$0.04
Lower Channel
$0.04
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume161.11M
Money Flow Index85.76Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index60.12Bullish, price momentum strongly favors buyers.

Overall Takeaway:ALR.AX shows overheated money flow, with risk of pullback from overbought conditions.

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

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