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Comet Ridge Limited

COI.AX•ASX
Energy
Oil & Gas Exploration & Production
$0.14
$0.005(3.70%)
Australian Market opens in 10h 0m
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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 Bearish (RSI: 48.43)
Trend Strength:Moderate (ADX: 26.62)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.10 – $0.18 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 48.43

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 55.56

Neutral
Mid-range signal with no clear trend.

Williams %R: -41.67

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -15.62

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 26.62

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 23.18

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
$0.18
Middle Band (SMA 20)
$0.14
Lower Band
$0.10
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.15
Middle Line (EMA 20)
$0.14
Lower Channel
$0.12
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume11.18M
Money Flow Index54.25Neutral, balanced money flows with no clear signal.
Relative Vigor Index30.53Bearish, price momentum favors sellers.

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

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

Bullish Signals

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:Comet Ridge Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

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