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Galilee Energy Limited

GLL.AX Technical Analysis Summary (ASX)

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

GLL.AX●ASX
EnergyOil & Gas Exploration & Production
$0.006
$0.00(0.00%)
Australian Market opens in 13h 18m

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

GLL.AX Technical Analysis Summary (ASX)

Galilee Energy Limited (ASX: GLL.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: 47.94)
Trend Strength:Strong (ADX: 34.88)
Support/Resistance:$0.01 – $0.01 (Bollinger Bands)

Technical conditions suggest Galilee Energy Limited on the ASX is awaiting a decisive move. Technical conditions suggest Galilee Energy Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.94

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 50.00

Neutral
Mid-range signal with no clear trend.

Williams %R: -50.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Galilee Energy Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 34.88

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 14.89

Neutral
Neutral, no strong directional signal.

Takeaway:Galilee Energy Limited shows a neutral trend, with weak conviction and limited volatility.

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

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

Keltner Channels
Upper Channel
$0.01
Middle Line (EMA 20)
$0.01
Lower Channel
-
Squeeze Status
Unknown
Volume & Money Flow Analysis
On-Balance Volume-7.07M
Money Flow Index29.88Bearish, selling pressure outweighs inflows.
Relative Vigor Index19.36Bearish, price momentum favors sellers.

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

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

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(ASX: GLL.AX) Technical Analysis FAQ