Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Benz Mining Corp.

BNZ.AX Technical Analysis Summary (ASX)

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

BNZ.AX●ASX
Basic MaterialsIndustrial Materials
$4.56
$0.03(0.66%)
Australian Market is Open · 14:12

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

BNZ.AX Technical Analysis Summary (ASX)

Benz Mining Corp. (ASX: BNZ.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: 46.75)
Trend Strength:Strong (ADX: 33.91)
Volatility:High (ATR: 0.29)
Support/Resistance:$3.78 – $5.79 (Bollinger Bands)

Technical conditions suggest Benz Mining Corp. on the ASX is awaiting a decisive move. Technical conditions suggest Benz Mining Corp. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 46.75

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 25.98

Bearish
Momentum remains weak below midpoint.

Williams %R: -88.43

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 2.75

Bullish
Steady upward momentum.

Takeaway:Benz Mining Corp. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.19

Bullish
Bullish, trend momentum is strengthening.

ADX: 33.91

Strong
Strong trend, momentum well established.

ATR (14): 0.29

Low
Low volatility, stable price action.

CCI (14): -102.54

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Benz Mining Corp. shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$5.79
Middle Band (SMA 20)
$4.79
Lower Band
$3.78
Current Position
Within Bands

Takeaway:Benz Mining Corp. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$5.32
Middle Line (EMA 20)
$4.73
Lower Channel
$4.15
Squeeze Status
No Squeeze

Takeaway:Benz Mining Corp. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume37.17M
Money Flow Index84.23Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index27.50Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Benz Mining Corp. (ASX: BNZ.AX), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Benz Mining Corp. are mixed, suggesting a Hold or wait-and-see approach.

(ASX: BNZ.AX) Technical Analysis FAQ