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Horizon Gold Limited

HRN.AX•ASX
Basic Materials
Gold
$1.08
$0.06(5.88%)
Australian Market opens in 7h 6m
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Horizon Gold Limited (HRN.AX) Stock Technical Analysis & Trading Signals

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

HRN.AX Technical Analysis Summary

Horizon Gold Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.40)
Trend Strength:Strong (ADX: 33.84)
Volatility:Medium (ATR: 0.05)
Support/Resistance:$0.95 – $1.18 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 35.40

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 44.01

Neutral
Mid-range signal with no clear trend.

Williams %R: -51.43

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.99

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.84

Strong
Strong trend, momentum well established.

ATR (14): 0.05

Low
Low volatility, stable price action.

CCI (14): -53.97

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
$1.18
Middle Band (SMA 20)
$1.07
Lower Band
$0.95
Current Position
Within Bands

Takeaway:Horizon Gold Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$1.16
Middle Line (EMA 20)
$1.07
Lower Channel
$0.98
Squeeze Status
No Squeeze

Takeaway:Horizon Gold Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume35.58K
Money Flow Index28.33Bearish, selling pressure outweighs inflows.
Relative Vigor Index36.11Bearish, price momentum favors sellers.

Overall Takeaway:HRN.AX shows bearish money flow, with sellers dominating volume and vigor.

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.

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

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