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GreenX Metals Limited

GRX.AX Technical Analysis Summary (ASX)

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

GRX.AX●ASX
Basic MaterialsCopper
$0.98
$0.01(1.03%)
Australian Market is Open · 12:37

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

GRX.AX Technical Analysis Summary (ASX)

GreenX Metals Limited (ASX: GRX.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: 52.27)
Trend Strength:Strong (ADX: 30.08)
Volatility:Medium (ATR: 0.02)
Support/Resistance:$0.92 – $1.05 (Bollinger Bands)

Technical conditions suggest GreenX Metals Limited on the ASX is awaiting a decisive move. This mix signals that GreenX Metals Limited is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 52.27

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 39.68

Bearish
Momentum remains weak below midpoint.

Williams %R: -42.11

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -3.88

Bearish
Selling pressure outweighs buying.

Takeaway:GreenX Metals Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 30.08

Strong
Strong trend, momentum well established.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): 31.94

Bullish
Bullish, momentum building upward.

Takeaway:GreenX Metals Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.05
Middle Band (SMA 20)
$0.99
Lower Band
$0.92
Current Position
Within Bands

Takeaway:GreenX Metals Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.03
Middle Line (EMA 20)
$0.98
Lower Channel
$0.93
Squeeze Status
No Squeeze

Takeaway:GreenX Metals Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume438.88K
Money Flow Index57.72Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.41Neutral to Bearish, sellers hold a slight edge.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

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 GreenX Metals Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: GRX.AX) Technical Analysis FAQ