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Empire Resources Limited

ERL.AX•ASX
Basic Materials
Other Precious Metals
$0.01
$0.002(18.18%)
Australian Market opens in 35h 59m

Empire Resources Limited (ERL.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Empire Resources Limited (ASX:ERL.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

ERL.AX Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 57.18)
Trend Strength:Moderate (ADX: 21.13)
Support/Resistance:$0.01 – $0.01 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 57.18

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 59.39

Neutral
Mid-range signal with no clear trend.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 21.13

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 82.35

Bullish
Bullish, momentum building upward.

Takeaway:Empire Resources Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.01
Middle Band (SMA 20)
$0.01
Lower Band
$0.01
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$0.01
Middle Line (EMA 20)
$0.01
Lower Channel
$0.01
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume42.43M
Money Flow Index24.19Bearish, selling pressure outweighs inflows.
Relative Vigor Index50.31Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Empire Resources Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

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

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

Technical Analysis FAQ