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Horizon Oil Limited

HZN.AX•ASX
Energy
Oil & Gas Exploration & Production
$0.23
$0.00(0.00%)
Australian Market opens in 51h 47m

Horizon Oil Limited (HZN.AX) Stock Technical Analysis & Trading Signals

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

HZN.AX Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.54)
Trend Strength:Weak (ADX: 18.69)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.22 – $0.28 (Bollinger Bands)

This mix signals that Horizon Oil Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 40.54

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 27.78

Bearish
Momentum remains weak below midpoint.

Williams %R: -76.19

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -6.00

Strongly Bearish
Sharp downside momentum.

Takeaway:Horizon Oil Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 18.69

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -34.55

Bearish
Bearish, momentum remains under pressure.

Takeaway:Horizon Oil Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.28
Middle Band (SMA 20)
$0.25
Lower Band
$0.22
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.27
Middle Line (EMA 20)
$0.24
Lower Channel
$0.22
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-5.50M
Money Flow Index41.52Neutral, balanced money flows with no clear signal.
Relative Vigor Index26.25Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Horizon Oil Limited, here are the key trading signals and recommendations:

Bullish Signals

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:Technical indicators for Horizon Oil Limited are mixed, suggesting a Hold or wait-and-see approach.

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