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Group 6 Metals Limited

G6M.AX Technical Analysis Summary (ASX)

Analyze G6M.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

G6M.AX●ASX
Basic MaterialsIndustrial Materials
$2.47
$0.05(2.07%)
Australian Market opens in 53h 1m

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

G6M.AX Technical Analysis Summary (ASX)

Group 6 Metals Limited (ASX: G6M.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: 41.37)
Trend Strength:Strong (ADX: 35.55)
Volatility:High (ATR: 0.18)
Support/Resistance:$2.27 – $2.97 (Bollinger Bands)

Technical conditions suggest Group 6 Metals Limited on the ASX is awaiting a decisive move. Overall, Group 6 Metals Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 41.37

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 28.79

Bearish
Momentum remains weak below midpoint.

Williams %R: -82.73

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -10.69

Strongly Bearish
Sharp downside momentum.

Takeaway:Group 6 Metals Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.17

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 35.55

Strong
Strong trend, momentum well established.

ATR (14): 0.18

Low
Low volatility, stable price action.

CCI (14): -54.33

Bearish
Bearish, momentum remains under pressure.

Takeaway:Group 6 Metals Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.97
Middle Band (SMA 20)
$2.62
Lower Band
$2.27
Current Position
Within Bands

Takeaway:Group 6 Metals Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$3.00
Middle Line (EMA 20)
$2.64
Lower Channel
$2.28
Squeeze Status
Squeeze On

Takeaway:Group 6 Metals Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume151.20K
Money Flow Index64.98Bullish, inflows support continued momentum.
Relative Vigor Index41.53Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:G6M.AX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Group 6 Metals Limited (ASX: G6M.AX), 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:Group 6 Metals Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: G6M.AX) Technical Analysis FAQ