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EROAD Limited

ERD.AX Technical Analysis Summary (ASX)

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

ERD.AX●ASX
TechnologySoftware - Infrastructure
$0.82
$0.00(0.00%)
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

ERD.AX Technical Analysis Summary (ASX)

EROAD Limited (ASX: ERD.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: 47.03)
Trend Strength:Weak (ADX: 12.90)
Volatility:Medium (ATR: 0.03)
Support/Resistance:$0.79 – $0.87 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 47.03

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 21.21

Bearish
Momentum remains weak below midpoint.

Williams %R: -72.73

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.09

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 12.90

Weak
Weak trend, market trading sideways.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -22.11

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.87
Middle Band (SMA 20)
$0.83
Lower Band
$0.79
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.88
Middle Line (EMA 20)
$0.83
Lower Channel
$0.78
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume1.18M
Money Flow Index93.05Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index44.73Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:ERD.AX shows mixed signals in money flow analysis.

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

Bullish Signals

No significant bullish signals detected.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

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

(ASX: ERD.AX) Technical Analysis FAQ