Advertisement
Loading...

Greatland Resources Limited

GGP.AX•ASX
Basic Materials
Gold
$13.54
$0.50(3.83%)
Australian Market opens in 7h 7m
Advertisement

Greatland Resources Limited (GGP.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Greatland Resources Limited (ASX:GGP.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

GGP.AX Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.85)
Trend Strength:Weak (ADX: 17.16)
Volatility:High (ATR: 0.68)
Support/Resistance:$12.40 – $15.38 (Bollinger Bands)

Overall, Greatland Resources Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 51.85

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 31.63

Bearish
Momentum remains weak below midpoint.

Williams %R: -48.24

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 2.58

Bullish
Steady upward momentum.

Takeaway:Greatland Resources Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.10

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 17.16

Weak
Weak trend, market trading sideways.

ATR (14): 0.68

Low
Low volatility, stable price action.

CCI (14): -28.50

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$15.38
Middle Band (SMA 20)
$13.89
Lower Band
$12.40
Current Position
Within Bands

Takeaway:Greatland Resources Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$15.08
Middle Line (EMA 20)
$13.72
Lower Channel
$12.37
Squeeze Status
No Squeeze

Takeaway:Greatland Resources Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-33.77M
Money Flow Index52.91Neutral, balanced money flows with no clear signal.
Relative Vigor Index57.13Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:GGP.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Greatland Resources Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

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

Technical Analysis FAQ