Is Hamelin Gold Limited stock a buy or sell right now?

Hamelin Gold Limited currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Hamelin Gold Limited’s RSI?

RSI is 63.24, showing balanced momentum within the normal range.

What does MACD indicate for HMG.AX?

MACD at 0.00 is neutral, showing no clear momentum.

What are Hamelin Gold Limited’s key support and resistance levels?

Support sits around $0.09, while resistance is near $0.13. A breakout above $0.13 would open the door for further upside.

Hamelin Gold Limited

HMG.AX•ASX

Basic Materials

Gold

$0.14

$0.00(0.00%)

Australian Market opens in 38h 13m

Hamelin Gold Limited (HMG.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Hamelin Gold Limited (ASX:HMG.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

HMG.AX Technical Analysis Summary

Hamelin Gold Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Bullish (RSI: 63.24)

Trend Strength:Weak (ADX: 16.62)

Volatility:High (ATR: 0.01)

Support/Resistance:$0.09 – $0.13 (Bollinger Bands)

Technical conditions suggest Hamelin Gold Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 63.24

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 67.91

Bullish

Buying momentum building without extremes.

Williams %R: -10.20

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 22.73

Strongly Bullish

Strong upside momentum.

Takeaway:Hamelin Gold Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral

Neutral, momentum shows no clear direction.

ADX: 16.62

Weak

Weak trend, market trading sideways.

ATR (14): 0.01

Low

Low volatility, stable price action.

CCI (14): 220.41

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:Hamelin Gold Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$0.13

Middle Band (SMA 20)

$0.11

Lower Band

$0.09

Current Position

Above Upper Band

Takeaway:Hamelin Gold Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels

Upper Channel

$0.13

Middle Line (EMA 20)

$0.11

Lower Channel

$0.09

Squeeze Status

No Squeeze

Takeaway:Hamelin Gold Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis

On-Balance Volume2.22M

Money Flow Index66.14Bullish, inflows support continued momentum.

Relative Vigor Index34.85Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary

Based on the current technical analysis of Hamelin Gold Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

RVI below 50 → vigor tilted toward sellers.

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