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Hillgrove Resources Limited

HGO.AX Technical Analysis Summary (ASX)

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

HGO.AX●ASX
Basic MaterialsOther Precious Metals
$0.06
$0.002(3.39%)
Australian Market opens in 14h 9m

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 (ASX)

Hillgrove Resources Limited (ASX: HGO.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: 49.10)
Trend Strength:Strong (ADX: 31.75)
Support/Resistance:$0.05 – $0.07 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 49.10

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.33

Bearish
Momentum remains weak below midpoint.

Williams %R: -83.33

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Hillgrove Resources Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 31.75

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -99.26

Bearish
Bearish, momentum remains under pressure.

Takeaway:Hillgrove Resources Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.07
Middle Band (SMA 20)
$0.06
Lower Band
$0.05
Current Position
Within Bands

Takeaway:Hillgrove Resources Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.06
Middle Line (EMA 20)
$0.06
Lower Channel
$0.05
Squeeze Status
No Squeeze

Takeaway:Hillgrove Resources Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume175.22M
Money Flow Index68.21Bullish, inflows support continued momentum.
Relative Vigor Index40.79Neutral 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 (ASX: HGO.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 Hillgrove Resources Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: HGO.AX) Technical Analysis FAQ