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Golden Horse Minerals Ltd.

GHM.AX Technical Analysis Summary (ASX)

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

GHM.AX●ASX
Basic MaterialsGold
$0.60
$0.02(3.45%)
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

GHM.AX Technical Analysis Summary (ASX)

Golden Horse Minerals Ltd. (ASX: GHM.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 57.04)
Trend Strength:Weak (ADX: 15.93)
Volatility:High (ATR: 0.04)
Support/Resistance:$0.50 – $0.64 (Bollinger Bands)

Technical conditions suggest Golden Horse Minerals Ltd. on the ASX is awaiting a decisive move. Overall, Golden Horse Minerals Ltd. remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.04

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 53.70

Neutral
Mid-range signal with no clear trend.

Williams %R: -38.89

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 13.21

Strongly Bullish
Strong upside momentum.

Takeaway:Golden Horse Minerals Ltd. shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.93

Weak
Weak trend, market trading sideways.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): 56.73

Bullish
Bullish, momentum building upward.

Takeaway:Golden Horse Minerals Ltd. shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.64
Middle Band (SMA 20)
$0.57
Lower Band
$0.50
Current Position
Within Bands

Takeaway:Golden Horse Minerals Ltd. trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.65
Middle Line (EMA 20)
$0.57
Lower Channel
$0.49
Squeeze Status
Squeeze On

Takeaway:Golden Horse Minerals Ltd. trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume6.04M
Money Flow Index54.51Neutral, balanced money flows with no clear signal.
Relative Vigor Index45.26Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:GHM.AX shows balanced money flow with a slight bullish bias.

Technical Trading Signals Summary
Based on the current technical analysis of Golden Horse Minerals Ltd. (ASX: GHM.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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 Golden Horse Minerals Ltd. are mixed, suggesting a Hold or wait-and-see approach.

(ASX: GHM.AX) Technical Analysis FAQ