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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
$0.001(4.76%)
Australian Market opens in 0h 33m

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:Neutral to Bearish (RSI: 42.45)
Trend Strength:Weak (ADX: 14.27)
Support/Resistance:$0.02 – $0.02 (Bollinger Bands)

Technical conditions suggest GBM Resources Limited on the ASX is awaiting a decisive move. Technical conditions suggest GBM Resources Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.45

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 26.67

Bearish
Momentum remains weak below midpoint.

Williams %R: -80.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.76

Bearish
Selling pressure outweighs buying.

Takeaway:GBM Resources Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 14.27

Weak
Weak trend, market trading sideways.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -86.93

Bearish
Bearish, momentum remains under pressure.

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
Within Bands

Takeaway:GBM Resources Limited trades near the lower band, signaling oversold conditions and potential rebound.

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 lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume103.53M
Money Flow Index41.04Neutral, balanced money flows with no clear signal.
Relative Vigor Index27.10Bearish, 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

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

Bearish Signals

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