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Ballymore Resources Limited

Ballymore Resources Limited (BMR.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Ballymore Resources Limited.

BMR.AX●ASX
Basic MaterialsOther Precious Metals
$0.12
$0.00(0.00%)
Australian Market opens in 38h 54m
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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

Ballymore Resources Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.04)
Trend Strength:Weak (ADX: 16.71)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.10 – $0.14 (Bollinger Bands)

This mix signals that Ballymore Resources Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.04

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 45.24

Neutral
Mid-range signal with no clear trend.

Williams %R: -50.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.00

Bearish
Selling pressure outweighs buying.

Takeaway:Ballymore Resources Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 16.71

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 2.52

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.14
Middle Band (SMA 20)
$0.12
Lower Band
$0.10
Current Position
Within Bands

Takeaway:Ballymore Resources Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.14
Middle Line (EMA 20)
$0.12
Lower Channel
$0.10
Squeeze Status
No Squeeze

Takeaway:Ballymore Resources Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-2.91M
Money Flow Index7.18Bullish, oversold conditions signal rebound potential.
Relative Vigor Index36.10Bearish, price momentum favors sellers.

Overall Takeaway:BMR.AX shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Ballymore Resources Limited, 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.

Technical Analysis FAQ