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Horizon Gold Limited

Horizon Gold Limited (HRN.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Horizon Gold Limited.

HRN.AX●ASX
Basic MaterialsGold
$1.01
$0.02(1.94%)
Australian Market is Open · 10:41
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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

HRN.AX Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 43.03)
Trend Strength:Strong (ADX: 32.94)
Volatility:Medium (ATR: 0.05)
Support/Resistance:$0.96 – $1.15 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 43.03

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 42.42

Neutral
Mid-range signal with no clear trend.

Williams %R: -63.64

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.72

Bearish
Selling pressure outweighs buying.

Takeaway:Horizon Gold Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.94

Strong
Strong trend, momentum well established.

ATR (14): 0.05

Low
Low volatility, stable price action.

CCI (14): -81.07

Bearish
Bearish, momentum remains under pressure.

Takeaway:Horizon Gold Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.15
Middle Band (SMA 20)
$1.06
Lower Band
$0.96
Current Position
Within Bands

Takeaway:Horizon Gold Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.14
Middle Line (EMA 20)
$1.05
Lower Channel
$0.95
Squeeze Status
No Squeeze

Takeaway:Horizon Gold Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume308.54K
Money Flow Index17.52Bullish, oversold conditions signal rebound potential.
Relative Vigor Index39.18Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Horizon Gold 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

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Horizon Gold Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ