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Ballymore Resources Limited

BMR.AX Technical Analysis Summary (ASX)

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

BMR.AX●ASX
Basic MaterialsOther Precious Metals
$0.12
$0.00(0.00%)
Australian Market opens in 14h 9m

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

BMR.AX Technical Analysis Summary (ASX)

Ballymore Resources Limited (ASX: BMR.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: 45.64)
Trend Strength:Weak (ADX: 15.85)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.11 – $0.15 (Bollinger Bands)

Technical conditions suggest Ballymore Resources Limited on the ASX is awaiting a decisive move. Overall, Ballymore Resources Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 45.64

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.78

Bearish
Momentum remains weak below midpoint.

Williams %R: -75.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -11.11

Strongly Bearish
Sharp downside momentum.

Takeaway:Ballymore Resources Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 15.85

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -104.39

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.15
Middle Band (SMA 20)
$0.13
Lower Band
$0.11
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.15
Middle Line (EMA 20)
$0.13
Lower Channel
$0.11
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-2.24M
Money Flow Index36.90Bearish, selling pressure outweighs inflows.
Relative Vigor Index31.27Bearish, price momentum favors sellers.

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

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

Bullish Signals

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(ASX: BMR.AX) Technical Analysis FAQ