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

DRO.AX Technical Analysis Summary (ASX)

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

DRO.AX●ASX
IndustrialsAerospace & Defense
$1.79
$0.29(13.94%)
Australian Market opens in 5h 26m

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

DRO.AX Technical Analysis Summary (ASX)

DroneShield Limited (ASX: DRO.AX) stock currently shows a bearish trend on the ASX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 24.75)
Trend Strength:Strong (ADX: 33.29)
Volatility:High (ATR: 0.15)
Support/Resistance:$1.94 – $2.57 (Bollinger Bands)

Technical conditions suggest DroneShield Limited on the ASX is awaiting a decisive move. Technical conditions suggest DroneShield Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 24.75

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 6.76

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.16

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -21.98

Strongly Bearish
Sharp downside momentum.

Takeaway:DroneShield Limited shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.18

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.29

Strong
Strong trend, momentum well established.

ATR (14): 0.15

Low
Low volatility, stable price action.

CCI (14): -250.48

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.57
Middle Band (SMA 20)
$2.25
Lower Band
$1.94
Current Position
Below Lower Band

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

Keltner Channels
Upper Channel
$2.55
Middle Line (EMA 20)
$2.24
Lower Channel
$1.94
Squeeze Status
No Squeeze

Takeaway:DroneShield Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-100.79M
Money Flow Index25.94Bearish, selling pressure outweighs inflows.
Relative Vigor Index40.60Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of DroneShield Limited (ASX: DRO.AX), 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

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:DroneShield Limited shows a Strong Sell signal — momentum, volume, and volatility confirm strong selling pressure.

(ASX: DRO.AX) Technical Analysis FAQ