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Carnarvon Energy Limited

CVN.AX•ASX
Energy
Oil & Gas Exploration & Production
$0.10
$0.005(5.00%)
Australian Market opens in 53h 23m

Carnarvon Energy Limited (CVN.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Carnarvon Energy Limited (ASX:CVN.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

CVN.AX Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 64.98)
Trend Strength:Moderate (ADX: 20.54)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.09 – $0.11 (Bollinger Bands)

Technical conditions suggest Carnarvon Energy Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 64.98

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 81.48

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 7.14

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 20.54

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 136.36

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.11
Middle Band (SMA 20)
$0.10
Lower Band
$0.09
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.11
Middle Line (EMA 20)
$0.10
Lower Channel
$0.09
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume15.97M
Money Flow Index43.51Neutral, balanced money flows with no clear signal.
Relative Vigor Index57.67Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Carnarvon Energy Limited, 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

No significant bearish signals detected.

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

Technical Analysis FAQ