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State Gas Limited

GAS.AX•ASX
Energy
Oil & Gas Exploration & Production
$0.03
$-0.00(-3.45%)
Australian Market opens in 53h 24m

State Gas Limited (GAS.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for State Gas Limited (ASX:GAS.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

GAS.AX Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.94)
Trend Strength:Strong (ADX: 32.20)
Support/Resistance:$0.02 – $0.04 (Bollinger Bands)

Overall, State Gas Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 45.94

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.18

Bullish
Oversold zone signals rebound potential.

Williams %R: -90.91

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.68

Strongly Bearish
Sharp downside momentum.

Takeaway:State Gas Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 32.20

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -150.54

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:State Gas Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.04
Middle Band (SMA 20)
$0.03
Lower Band
$0.02
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.03
Middle Line (EMA 20)
$0.03
Lower Channel
$0.03
Squeeze Status
No Squeeze

Takeaway:State Gas Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume4.21M
Money Flow Index70.81Bullish, inflows support continued momentum.
Relative Vigor Index34.79Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of State Gas Limited, 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:Technical indicators for State Gas Limited are mixed, suggesting a Hold or wait-and-see approach.

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