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EcoGraf Limited

EGR.AX Technical Analysis Summary (ASX)

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

EGR.AX●ASX
Basic MaterialsIndustrial Materials
$0.31
$0.11(51.22%)
Australian Market opens in 5h 9m

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

EGR.AX Technical Analysis Summary (ASX)

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

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 33.04)
Trend Strength:Strong (ADX: 33.14)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.20 – $0.28 (Bollinger Bands)

Technical conditions suggest EcoGraf Limited on the ASX is awaiting a decisive move. This mix signals caution, with EcoGraf Limited approaching overbought levels and risk of pullback.

Momentum Indicators

RSI (14): 33.04

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.45

Bullish
Oversold zone signals rebound potential.

Williams %R: -73.33

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -16.00

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.14

Strong
Strong trend, momentum well established.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -117.13

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.28
Middle Band (SMA 20)
$0.24
Lower Band
$0.20
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$0.27
Middle Line (EMA 20)
$0.24
Lower Channel
$0.20
Squeeze Status
No Squeeze

Takeaway:EcoGraf Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-391.41K
Money Flow Index24.61Bearish, selling pressure outweighs inflows.
Relative Vigor Index35.95Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of EcoGraf Limited (ASX: EGR.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

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

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:EcoGraf Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: EGR.AX) Technical Analysis FAQ