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State Gas Limited

GAS.AX Technical Analysis Summary (ASX)

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

GAS.AX●ASX
EnergyOil & Gas Exploration & Production
$0.01
$0.001(7.69%)
Australian Market opens in 13h 21m

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 (ASX)

State Gas Limited (ASX: GAS.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: 44.98)
Trend Strength:Weak (ADX: 16.55)
Support/Resistance:$0.01 – $0.02 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 44.98

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 8.33

Bullish
Oversold zone signals rebound potential.

Williams %R: -75.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -6.67

Strongly Bearish
Sharp downside momentum.

Takeaway:State Gas Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 16.55

Weak
Weak trend, market trading sideways.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -21.54

Bearish
Bearish, momentum remains under pressure.

Takeaway:State Gas Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.02
Middle Band (SMA 20)
$0.01
Lower Band
$0.01
Current Position
Within Bands

Takeaway:State Gas Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.02
Middle Line (EMA 20)
$0.01
Lower Channel
$0.01
Squeeze Status
No Squeeze

Takeaway:State Gas Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-10.80M
Money Flow Index23.62Bearish, selling pressure outweighs inflows.
Relative Vigor Index26.49Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of State Gas Limited (ASX: GAS.AX), here are the key trading signals and recommendations:

Bullish Signals

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:Technical indicators for State Gas Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: GAS.AX) Technical Analysis FAQ