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Famien Resources Limited

FMN.AX Technical Analysis Summary (ASX)

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

FMN.AXASX
Basic MaterialsIndustrial Materials
$0.20
$0.005(2.50%)
Australian Market opens in 14h 12m

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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

FMN.AX Technical Analysis Summary (ASX)

Famien Resources Limited (ASX: FMN.AX) stock currently shows a bullish trend on the ASX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 62.98)
Trend Strength:Very Strong (ADX: 42.36)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.13 – $0.20 (Bollinger Bands)

Technical conditions suggest Famien Resources Limited on the ASX is awaiting a decisive move. Technical conditions suggest Famien Resources Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 62.98

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 96.67

Bearish
Overbought levels may trigger pullback.

Williams %R: -10.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 30.00

Strongly Bullish
Strong upside momentum.

Takeaway:Famien Resources Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 42.36

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 147.46

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.20
Middle Band (SMA 20)
$0.16
Lower Band
$0.13
Current Position
Within Bands

Takeaway:Famien Resources Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.19
Middle Line (EMA 20)
$0.17
Lower Channel
$0.16
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-259.24K
Money Flow Index87.18Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index25.36Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Famien Resources Limited (ASX: FMN.AX), 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.

Bearish Signals

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

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

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

(ASX: FMN.AX) Technical Analysis FAQ