Meyka Pro banner
King River Resources Limited

KRR.AX Technical Analysis Summary (ASX)

Analyze KRR.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

KRR.AXASX
Basic MaterialsIndustrial Materials
$0.09
$0.009(11.54%)
Australian Market opens in 4h 15m

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

KRR.AX Technical Analysis Summary (ASX)

King River Resources Limited (ASX: KRR.AX) stock currently shows a bullish trend on the ASX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.70)
Trend Strength:Strong (ADX: 30.76)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.06 – $0.10 (Bollinger Bands)

Technical conditions suggest King River Resources Limited on the ASX is awaiting a decisive move. Overall, King River Resources Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 59.70

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 28.36

Bearish
Momentum remains weak below midpoint.

Williams %R: -60.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -4.55

Bearish
Selling pressure outweighs buying.

Takeaway:King River Resources Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 30.76

Strong
Strong trend, momentum well established.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 21.42

Bullish
Bullish, momentum building upward.

Takeaway:King River Resources Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.10
Middle Band (SMA 20)
$0.08
Lower Band
$0.06
Current Position
Within Bands

Takeaway:King River Resources Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.09
Middle Line (EMA 20)
$0.08
Lower Channel
$0.06
Squeeze Status
No Squeeze

Takeaway:King River Resources Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume70.07M
Money Flow Index66.02Bullish, inflows support continued momentum.
Relative Vigor Index57.08Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:KRR.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of King River Resources Limited (ASX: KRR.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

No significant bearish signals detected.

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

(ASX: KRR.AX) Technical Analysis FAQ