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Echelon Resources Limited

ECH.AX Technical Analysis Summary (ASX)

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

ECH.AX●ASX
EnergyOil & Gas Exploration & Production
$0.36
$0.02(5.88%)
Australian Market opens in 13h 22m

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

ECH.AX Technical Analysis Summary (ASX)

Echelon Resources Limited (ASX: ECH.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 54.49)
Trend Strength:Weak (ADX: 18.65)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.33 – $0.36 (Bollinger Bands)

Technical conditions suggest Echelon Resources Limited on the ASX is awaiting a decisive move. This mix signals that Echelon Resources Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 54.49

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 38.89

Bearish
Momentum remains weak below midpoint.

Williams %R: -33.33

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 4.35

Bullish
Steady upward momentum.

Takeaway:Echelon Resources Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 18.65

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 132.02

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Echelon Resources Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.36
Middle Band (SMA 20)
$0.35
Lower Band
$0.33
Current Position
Within Bands

Takeaway:Echelon Resources Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.37
Middle Line (EMA 20)
$0.35
Lower Channel
$0.33
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-119.04K
Money Flow Index26.69Bearish, selling pressure outweighs inflows.
Relative Vigor Index38.02Bearish, price momentum favors sellers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

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

(ASX: ECH.AX) Technical Analysis FAQ