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Emerald Resources NL

EMR.AX Technical Analysis Summary (ASX)

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

EMR.AX●ASX
Basic MaterialsGold
$7.04
$0.05(0.72%)
Australian Market opens in 22h 24m

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

EMR.AX Technical Analysis Summary (ASX)

Emerald Resources NL (ASX: EMR.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish to Bearish Risk (RSI: 72.23)
Trend Strength:Weak (ADX: 19.79)
Volatility:Medium (ATR: 0.29)
Support/Resistance:$4.95 – $7.25 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 72.23

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 91.13

Bearish
Overbought levels may trigger pullback.

Williams %R: -3.43

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 30.37

Strongly Bullish
Strong upside momentum.

Takeaway:Emerald Resources NL shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 0.35

Bullish
Bullish, trend momentum is strengthening.

ADX: 19.79

Weak
Weak trend, market trading sideways.

ATR (14): 0.29

Low
Low volatility, stable price action.

CCI (14): 129.82

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Emerald Resources NL shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.25
Middle Band (SMA 20)
$6.10
Lower Band
$4.95
Current Position
Within Bands

Takeaway:Emerald Resources NL trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$6.82
Middle Line (EMA 20)
$6.25
Lower Channel
$5.68
Squeeze Status
No Squeeze

Takeaway:Emerald Resources NL trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume-739.00K
Money Flow Index82.17Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index53.20Neutral to Bullish, buyers hold a slight edge.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Emerald Resources NL are mixed, suggesting a Hold or wait-and-see approach.

(ASX: EMR.AX) Technical Analysis FAQ