Meyka Pro banner
Brookside Energy Limited

BRK.AX Technical Analysis Summary (ASX)

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

BRK.AXASX
EnergyOil & Gas Exploration & Production
$0.42
$0.005(1.16%)
Australian Market opens in 13h 18m

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

BRK.AX Technical Analysis Summary (ASX)

Brookside Energy Limited (ASX: BRK.AX) stock currently shows a bullish trend on the ASX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 55.60)
Trend Strength:Moderate (ADX: 24.03)
Volatility:Medium (ATR: 0.02)
Support/Resistance:$0.36 – $0.43 (Bollinger Bands)

Technical conditions suggest Brookside Energy Limited on the ASX is awaiting a decisive move. Technical conditions suggest Brookside Energy Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 55.60

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 85.42

Bearish
Overbought levels may trigger pullback.

Williams %R: -25.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 14.86

Strongly Bullish
Strong upside momentum.

Takeaway:Brookside Energy Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 24.03

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 151.59

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Brookside Energy Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.43
Middle Band (SMA 20)
$0.39
Lower Band
$0.36
Current Position
Within Bands

Takeaway:Brookside Energy Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.44
Middle Line (EMA 20)
$0.41
Lower Channel
$0.37
Squeeze Status
No Squeeze

Takeaway:Brookside Energy Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.37M
Money Flow Index66.02Bullish, inflows support continued momentum.
Relative Vigor Index53.91Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:BRK.AX shows bullish money flow, with volume and vigor supporting buyers.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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

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

(ASX: BRK.AX) Technical Analysis FAQ