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Bisalloy Steel Group Limited

BIS.AX•ASX
Basic Materials
Steel
$4.70
$-0.01(-0.21%)
Australian Market opens in 39h 35m

Bisalloy Steel Group Limited (BIS.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Bisalloy Steel Group Limited (ASX:BIS.AX).

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

BIS.AX Technical Analysis Summary

Bisalloy Steel Group Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 48.67)
Trend Strength:Moderate (ADX: 24.28)
Volatility:Medium (ATR: 0.20)
Support/Resistance:$4.18 – $4.91 (Bollinger Bands)

Technical conditions suggest Bisalloy Steel Group Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 48.67

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 84.94

Bearish
Overbought levels may trigger pullback.

Williams %R: -11.54

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 1.95

Bullish
Steady upward momentum.

Takeaway:Bisalloy Steel Group Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.12

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 24.28

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.20

Low
Low volatility, stable price action.

CCI (14): 87.83

Bullish
Bullish, momentum building upward.

Takeaway:Bisalloy Steel Group Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.91
Middle Band (SMA 20)
$4.55
Lower Band
$4.18
Current Position
Within Bands

Takeaway:Bisalloy Steel Group Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$5.06
Middle Line (EMA 20)
$4.67
Lower Channel
$4.27
Squeeze Status
Squeeze On

Takeaway:Bisalloy Steel Group Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-486.54K
Money Flow Index38.72Bearish, selling pressure outweighs inflows.
Relative Vigor Index45.02Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Bisalloy Steel Group Limited, here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Bisalloy Steel Group Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ