Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Bannerman Energy Ltd

BMN.AX Technical Analysis Summary (ASX)

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

BMN.AX●ASX
EnergyUranium
$3.70
$0.33(8.19%)
Australian Market opens in 55h 17m

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

BMN.AX Technical Analysis Summary (ASX)

Bannerman Energy Ltd (ASX: BMN.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: 45.91)
Trend Strength:Weak (ADX: 15.78)
Volatility:High (ATR: 0.22)
Support/Resistance:$3.59 – $4.61 (Bollinger Bands)

Technical conditions suggest Bannerman Energy Ltd on the ASX is awaiting a decisive move. Technical conditions suggest Bannerman Energy Ltd is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 45.91

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 38.35

Bearish
Momentum remains weak below midpoint.

Williams %R: -80.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -11.52

Strongly Bearish
Sharp downside momentum.

Takeaway:Bannerman Energy Ltd shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.78

Weak
Weak trend, market trading sideways.

ATR (14): 0.22

Low
Low volatility, stable price action.

CCI (14): -50.60

Bearish
Bearish, momentum remains under pressure.

Takeaway:Bannerman Energy Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.61
Middle Band (SMA 20)
$4.10
Lower Band
$3.59
Current Position
Within Bands

Takeaway:Bannerman Energy Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$4.44
Middle Line (EMA 20)
$3.99
Lower Channel
$3.54
Squeeze Status
No Squeeze

Takeaway:Bannerman Energy Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume6.80M
Money Flow Index51.50Neutral, balanced money flows with no clear signal.
Relative Vigor Index44.80Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Bannerman Energy Ltd (ASX: BMN.AX), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Bannerman Energy Ltd shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: BMN.AX) Technical Analysis FAQ