Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Caspin Resources Limited

CPN.AX Technical Analysis Summary (ASX)

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

CPN.AX●ASX
Basic MaterialsIndustrial Materials
$0.13
$0.01(13.04%)
Australian Market opens in 15h 11m

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

CPN.AX Technical Analysis Summary (ASX)

Caspin Resources Limited (ASX: CPN.AX) stock currently shows a bullish trend on the ASX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 62.42)
Trend Strength:Strong (ADX: 36.95)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.07 – $0.14 (Bollinger Bands)

Technical conditions suggest Caspin Resources Limited on the ASX is awaiting a decisive move. Overall, Caspin Resources Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 62.42

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 72.69

Bullish
Buying momentum building without extremes.

Williams %R: -17.86

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 38.30

Strongly Bullish
Strong upside momentum.

Takeaway:Caspin Resources Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 36.95

Strong
Strong trend, momentum well established.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 89.27

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.14
Middle Band (SMA 20)
$0.10
Lower Band
$0.07
Current Position
Within Bands

Takeaway:Caspin Resources Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.13
Middle Line (EMA 20)
$0.11
Lower Channel
$0.08
Squeeze Status
No Squeeze

Takeaway:Caspin Resources Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume15.72M
Money Flow Index76.48Bullish, inflows support continued momentum.
Relative Vigor Index43.14Neutral to Bearish, sellers hold a slight edge.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Caspin Resources Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(ASX: CPN.AX) Technical Analysis FAQ