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Blue Energy Limited

BLU.AX Technical Analysis Summary (ASX)

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

BLU.AXASX
EnergyOil & Gas Exploration & Production
$0.004
$0.00(0.00%)
Australian Market opens in 12h 36m

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

BLU.AX Technical Analysis Summary (ASX)

Blue Energy Limited (ASX: BLU.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.29)
Trend Strength:Moderate (ADX: 28.60)
Support/Resistance:$0.00 – $0.00 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 49.29

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 50.00

Neutral
Mid-range signal with no clear trend.

Williams %R: -50.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 16.67

Strongly Bullish
Strong upside momentum.

Takeaway:Blue Energy Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 28.60

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 26.67

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
-
Middle Band (SMA 20)
-
Lower Band
-
Current Position
Unknown
Keltner Channels
Upper Channel
-
Middle Line (EMA 20)
-
Lower Channel
-
Squeeze Status
Unknown
Volume & Money Flow Analysis
On-Balance Volume-64.82M
Money Flow Index84.70Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index35.33Bearish, price momentum favors sellers.

Overall Takeaway:BLU.AX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Blue Energy Limited (ASX: BLU.AX), 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.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

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

(ASX: BLU.AX) Technical Analysis FAQ