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Fitzroy River Corporation Limited

FZR.AX Technical Analysis Summary (ASX)

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

FZR.AXASX
EnergyOil & Gas Exploration & Production
$0.23
$0.01(4.65%)
Australian Market opens in 12h 36m

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

FZR.AX Technical Analysis Summary (ASX)

Fitzroy River Corporation Limited (ASX: FZR.AX) stock currently shows a bullish trend on the ASX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 69.59)
Trend Strength:Strong (ADX: 37.26)
Support/Resistance:$0.19 – $0.23 (Bollinger Bands)

Technical conditions suggest Fitzroy River Corporation Limited on the ASX is awaiting a decisive move. Technical conditions suggest Fitzroy River Corporation Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 69.59

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 73.33

Bullish
Buying momentum building without extremes.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 9.76

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 37.26

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 101.33

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Fitzroy River Corporation Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.23
Middle Band (SMA 20)
$0.21
Lower Band
$0.19
Current Position
Within Bands

Takeaway:Fitzroy River Corporation Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.22
Middle Line (EMA 20)
$0.21
Lower Channel
$0.21
Squeeze Status
No Squeeze

Takeaway:Fitzroy River Corporation Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume679.60K
Money Flow Index39.11Bearish, selling pressure outweighs inflows.
Relative Vigor Index29.70Bearish, price momentum favors sellers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Fitzroy River Corporation Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(ASX: FZR.AX) Technical Analysis FAQ