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GBM Resources Limited

GBM.AX Technical Analysis Summary (ASX)

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

GBM.AX●ASX
Basic MaterialsGold
$0.02
$0.002(9.52%)
Australian Market opens in 22h 23m

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

GBM.AX Technical Analysis Summary (ASX)

GBM Resources Limited (ASX: GBM.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 68.20)
Trend Strength:Moderate (ADX: 27.89)
Support/Resistance:$0.02 – $0.02 (Bollinger Bands)

Technical conditions suggest GBM Resources Limited on the ASX is awaiting a decisive move. This mix signals that GBM Resources Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 68.20

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 85.00

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 27.78

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 27.89

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 200.00

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

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

Takeaway:GBM Resources Limited trades near the upper band, signaling overbought conditions and risk of pullback.

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

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

Volume & Money Flow Analysis
On-Balance Volume117.46M
Money Flow Index75.40Bullish, inflows support continued momentum.
Relative Vigor Index39.40Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of GBM Resources Limited (ASX: GBM.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.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

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

RVI below 50 → vigor tilted toward sellers.

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

(ASX: GBM.AX) Technical Analysis FAQ