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Great Western Exploration Limited

GTE.AX Technical Analysis Summary (ASX)

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

GTE.AX●ASX
Basic MaterialsIndustrial Materials
$0.01
$0.00(0.00%)
Australian Market opens in 11h 12m

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

GTE.AX Technical Analysis Summary (ASX)

Great Western Exploration Limited (ASX: GTE.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: 44.57)
Trend Strength:Moderate (ADX: 22.86)
Support/Resistance:$0.01 – $0.01 (Bollinger Bands)

Technical conditions suggest Great Western Exploration Limited on the ASX is awaiting a decisive move. This mix signals that Great Western Exploration Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 44.57

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): -9.09

Strongly Bearish
Sharp downside momentum.

Takeaway:Great Western Exploration Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 22.86

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 9.66

Neutral
Neutral, no strong directional signal.

Takeaway:Great Western Exploration 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
Within Bands

Takeaway:Great Western Exploration 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
$0.01
Squeeze Status
No Squeeze

Takeaway:Great Western Exploration Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-21.51M
Money Flow Index34.83Bearish, selling pressure outweighs inflows.
Relative Vigor Index16.63Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Great Western Exploration Limited (ASX: GTE.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 Great Western Exploration Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: GTE.AX) Technical Analysis FAQ