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Aurum Resources Limited

AUE.AX Technical Analysis Summary (ASX)

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

AUE.AX●ASX
Basic MaterialsIndustrial Materials
$0.46
$0.01(2.25%)
Australian Market opens in 53h 1m

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

AUE.AX Technical Analysis Summary (ASX)

Aurum Resources Limited (ASX: AUE.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.43)
Trend Strength:Weak (ADX: 18.64)
Volatility:High (ATR: 0.03)
Support/Resistance:$0.43 – $0.51 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 52.43

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 42.86

Neutral
Mid-range signal with no clear trend.

Williams %R: -14.29

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 3.16

Bullish
Steady upward momentum.

Takeaway:Aurum Resources Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.64

Weak
Weak trend, market trading sideways.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): 80.25

Bullish
Bullish, momentum building upward.

Takeaway:Aurum Resources Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.51
Middle Band (SMA 20)
$0.47
Lower Band
$0.43
Current Position
Within Bands

Takeaway:Aurum Resources Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.53
Middle Line (EMA 20)
$0.47
Lower Channel
$0.42
Squeeze Status
Squeeze On

Takeaway:Aurum Resources Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume14.67M
Money Flow Index71.83Bullish, inflows support continued momentum.
Relative Vigor Index52.47Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Aurum Resources Limited (ASX: AUE.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Aurum Resources Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: AUE.AX) Technical Analysis FAQ