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Hammer Metals Limited

HMX.AX•ASX
Basic Materials
Other Precious Metals
$0.03
$-0.00(-3.13%)
Australian Market opens in 36h 15m

Hammer Metals Limited (HMX.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Hammer Metals Limited (ASX:HMX.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

HMX.AX Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 36.65)
Trend Strength:Strong (ADX: 38.96)
Support/Resistance:$0.02 – $0.05 (Bollinger Bands)

Technical conditions suggest Hammer Metals Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 36.65

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 28.19

Bearish
Momentum remains weak below midpoint.

Williams %R: -68.75

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -29.55

Strongly Bearish
Sharp downside momentum.

Takeaway:Hammer Metals Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 38.96

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -60.28

Bearish
Bearish, momentum remains under pressure.

Takeaway:Hammer Metals Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.05
Middle Band (SMA 20)
$0.04
Lower Band
$0.02
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.04
Middle Line (EMA 20)
$0.04
Lower Channel
$0.03
Squeeze Status
No Squeeze

Takeaway:Hammer Metals Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume7.45M
Money Flow Index17.17Bullish, oversold conditions signal rebound potential.
Relative Vigor Index27.87Bearish, price momentum favors sellers.

Overall Takeaway:HMX.AX shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Hammer Metals Limited, 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 Hammer Metals Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ