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Comet Ridge Limited

COI.AX•ASX
Energy
Oil & Gas Exploration & Production
$0.14
$0.00(0.00%)
Australian Market opens in 53h 22m

Comet Ridge Limited (COI.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Comet Ridge Limited (ASX:COI.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

COI.AX Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.16)
Trend Strength:Very Strong (ADX: 47.62)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.13 – $0.15 (Bollinger Bands)

Technical conditions suggest Comet Ridge Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 52.16

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 60.00

Bullish
Buying momentum building without extremes.

Williams %R: -40.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -6.67

Strongly Bearish
Sharp downside momentum.

Takeaway:Comet Ridge Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 47.62

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 84.85

Bullish
Bullish, momentum building upward.

Takeaway:Comet Ridge Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.15
Middle Band (SMA 20)
$0.14
Lower Band
$0.13
Current Position
Within Bands

Takeaway:Comet Ridge Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.16
Middle Line (EMA 20)
$0.14
Lower Channel
$0.12
Squeeze Status
Squeeze On

Takeaway:Comet Ridge Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-316.97K
Money Flow Index34.32Bearish, selling pressure outweighs inflows.
Relative Vigor Index20.32Bearish, price momentum favors sellers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ