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Hillgrove Resources Limited

HGO.AXASX
$0.04
$0.003(7.14%)
Australian Market opens in 54h 26m

Hillgrove Resources Limited (HGO.AX) Stock Technical Analysis & Trading Signals

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

HGO.AX Technical Analysis Summary

Hillgrove 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: 52.03)
Trend Strength:Moderate (ADX: 21.03)
Support/Resistance:$0.04 – $0.05 (Bollinger Bands)

This mix signals that Hillgrove Resources Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 52.03

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 48.48

Neutral
Mid-range signal with no clear trend.

Williams %R: -54.55

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 7.50

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 21.03

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 15.56

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.05
Middle Band (SMA 20)
$0.04
Lower Band
$0.04
Current Position
Within Bands

Takeaway:Hillgrove Resources Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.05
Middle Line (EMA 20)
$0.04
Lower Channel
$0.04
Squeeze Status
No Squeeze

Takeaway:Hillgrove Resources Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-68.78M
Money Flow Index79.45Bullish, inflows support continued momentum.
Relative Vigor Index49.44Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:HGO.AX shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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 Hillgrove Resources Limited are mixed, suggesting a Hold or wait-and-see approach.

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