Meyka Pro banner
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
$0.03
$0.001(3.45%)
Australian Market opens in 53h 6m

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:Bearish to Weak (RSI: 37.52)
Trend Strength:Strong (ADX: 31.40)
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): 37.52

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 26.67

Bearish
Momentum remains weak below midpoint.

Williams %R: -60.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -11.76

Strongly Bearish
Sharp downside momentum.

Takeaway:Altair Minerals Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 31.40

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -56.39

Bearish
Bearish, momentum remains under pressure.

Takeaway:Altair Minerals Limited shows weakening trend signals, with bearish pressure building.

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

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

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

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

Volume & Money Flow Analysis
On-Balance Volume35.86M
Money Flow Index36.99Bearish, selling pressure outweighs inflows.
Relative Vigor Index34.95Bearish, price momentum favors sellers.

Overall Takeaway:ALR.AX shows bearish money flow, with sellers dominating volume and vigor.

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

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 Altair Minerals Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: ALR.AX) Technical Analysis FAQ