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Echo IQ Limited

EIQ.AX Technical Analysis Summary (ASX)

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

EIQ.AX●ASX
Basic MaterialsOther Precious Metals
$1.32
$0.01(0.76%)
Australian Market opens in 14h 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

EIQ.AX Technical Analysis Summary (ASX)

Echo IQ Limited (ASX: EIQ.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: 40.56)
Trend Strength:Moderate (ADX: 22.10)
Volatility:High (ATR: 0.11)
Support/Resistance:$1.30 – $1.77 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 40.56

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 8.65

Bullish
Oversold zone signals rebound potential.

Williams %R: -85.42

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -19.02

Strongly Bearish
Sharp downside momentum.

Takeaway:Echo IQ Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 22.10

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.11

Low
Low volatility, stable price action.

CCI (14): -139.97

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.77
Middle Band (SMA 20)
$1.54
Lower Band
$1.30
Current Position
Within Bands

Takeaway:Echo IQ Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.68
Middle Line (EMA 20)
$1.46
Lower Channel
$1.23
Squeeze Status
No Squeeze

Takeaway:Echo IQ Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume9.43M
Money Flow Index26.99Bearish, selling pressure outweighs inflows.
Relative Vigor Index43.58Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Echo IQ Limited (ASX: EIQ.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:Echo IQ Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: EIQ.AX) Technical Analysis FAQ