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Encounter Resources Limited

ENR.AX•ASX
Basic Materials
Industrial Materials
$0.35
$0.00(0.00%)
Australian Market opens in 31h 59m

Encounter Resources Limited (ENR.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Encounter Resources Limited (ASX:ENR.AX).

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

ENR.AX Technical Analysis Summary

Encounter Resources Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.10)
Trend Strength:Moderate (ADX: 20.78)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.33 – $0.40 (Bollinger Bands)

Overall, Encounter Resources Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 45.10

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 61.95

Bullish
Buying momentum building without extremes.

Williams %R: -33.33

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -1.37

Bearish
Selling pressure outweighs buying.

Takeaway:Encounter Resources Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.78

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 17.69

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.40
Middle Band (SMA 20)
$0.36
Lower Band
$0.33
Current Position
Within Bands

Takeaway:Encounter Resources Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.41
Middle Line (EMA 20)
$0.37
Lower Channel
$0.33
Squeeze Status
Squeeze On

Takeaway:Encounter Resources Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-6.68M
Money Flow Index29.75Bearish, selling pressure outweighs inflows.
Relative Vigor Index43.95Neutral to Bearish, sellers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Encounter Resources Limited, 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

RVI below 50 → vigor tilted toward sellers.

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

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