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Carnarvon Energy Limited

CVN.AX Technical Analysis Summary (ASX)

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

CVN.AX●ASX
EnergyOil & Gas Exploration & Production
$0.10
$0.001(1.01%)
Australian Market opens in 13h 18m

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 (ASX)

Carnarvon Energy Limited (ASX: CVN.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.19)
Trend Strength:Weak (ADX: 11.76)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.10 – $0.11 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 45.19

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 17.95

Bullish
Oversold zone signals rebound potential.

Williams %R: -76.92

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.76

Bearish
Selling pressure outweighs buying.

Takeaway:Carnarvon Energy Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 11.76

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -118.50

Bearish
Bearish, oversold conditions may spark rebound.

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
$0.10
Current Position
Within Bands

Takeaway:Carnarvon Energy Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.12
Middle Line (EMA 20)
$0.10
Lower Channel
$0.09
Squeeze Status
Squeeze On

Takeaway:Carnarvon Energy Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-9.30M
Money Flow Index24.13Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.37Neutral to Bearish, sellers hold a slight edge.

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

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

Bullish Signals

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(ASX: CVN.AX) Technical Analysis FAQ