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DevEx Resources Limited

DEV.AX Technical Analysis Summary (ASX)

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

DEV.AX●ASX
EnergyUranium
$0.17
$0.02(17.86%)
Australian Market is Open · 14:20

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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

DEV.AX Technical Analysis Summary (ASX)

DevEx Resources Limited (ASX: DEV.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: 43.91)
Trend Strength:Strong (ADX: 30.75)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.13 – $0.18 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 43.91

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 24.85

Bearish
Momentum remains weak below midpoint.

Williams %R: -80.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 11.54

Strongly Bullish
Strong upside momentum.

Takeaway:DevEx Resources Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 30.75

Strong
Strong trend, momentum well established.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -57.93

Bearish
Bearish, momentum remains under pressure.

Takeaway:DevEx Resources Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.18
Middle Band (SMA 20)
$0.15
Lower Band
$0.13
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.19
Middle Line (EMA 20)
$0.16
Lower Channel
$0.12
Squeeze Status
Squeeze On

Takeaway:DevEx Resources Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume7.14M
Money Flow Index67.20Bullish, inflows support continued momentum.
Relative Vigor Index52.05Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:DEV.AX shows bullish money flow, with volume and vigor supporting buyers.

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

Bullish Signals

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

(ASX: DEV.AX) Technical Analysis FAQ