Advertisement

Ads Placeholder
Loading...

Carnaby Resources Limited

CNB.AX•ASX
Basic Materials
Other Precious Metals
$0.42
$-0.03(-5.56%)
Australian Market opens in 36h 0m

Carnaby Resources Limited (CNB.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Carnaby Resources Limited (ASX:CNB.AX).

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

CNB.AX Technical Analysis Summary

Carnaby 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: 48.90)
Trend Strength:Weak (ADX: 10.82)
Volatility:High (ATR: 0.04)
Support/Resistance:$0.35 – $0.49 (Bollinger Bands)

Overall, Carnaby Resources Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 48.90

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 58.06

Neutral
Mid-range signal with no clear trend.

Williams %R: -41.94

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 2.41

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 10.82

Weak
Weak trend, market trading sideways.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): 47.95

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.49
Middle Band (SMA 20)
$0.42
Lower Band
$0.35
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.51
Middle Line (EMA 20)
$0.42
Lower Channel
$0.34
Squeeze Status
Squeeze On

Takeaway:Carnaby Resources Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-11.80M
Money Flow Index36.79Bearish, selling pressure outweighs inflows.
Relative Vigor Index38.02Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Carnaby Resources Limited, here are the key trading signals and recommendations:

Bullish Signals

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ