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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
$0.10
$0.02(21.79%)
Australian Market opens in 5h 9m

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:Bullish to Bearish Risk (RSI: 80.80)
Trend Strength:Very Strong (ADX: 40.58)
Support/Resistance:$0.04 – $0.08 (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): 80.80

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 95.71

Bearish
Overbought levels may trigger pullback.

Williams %R: -2.86

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 60.00

Strongly Bullish
Strong upside momentum.

Takeaway:King River Resources Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 40.58

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 276.08

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.08
Middle Band (SMA 20)
$0.06
Lower Band
$0.04
Current Position
Above Upper Band

Takeaway:King River Resources Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.07
Middle Line (EMA 20)
$0.06
Lower Channel
$0.05
Squeeze Status
No Squeeze

Takeaway:King River Resources Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume54.89M
Money Flow Index93.05Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index69.67Bullish, price momentum strongly favors buyers.

Overall Takeaway:KRR.AX shows overheated money flow, with risk of pullback from overbought conditions.

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.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:King River Resources Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

(ASX: KRR.AX) Technical Analysis FAQ