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Mineral Resources Limited

MIN.AX Technical Analysis Summary (ASX)

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

MIN.AX●ASX
Basic MaterialsIndustrial Materials
$46.59
$3.23(7.45%)
Australian Market opens in 53h 6m

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

MIN.AX Technical Analysis Summary (ASX)

Mineral Resources Limited (ASX: MIN.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: 53.10)
Trend Strength:Very Strong (ADX: 44.02)
Volatility:Medium (ATR: 2.06)
Support/Resistance:$41.57 – $48.83 (Bollinger Bands)

Technical conditions suggest Mineral Resources Limited on the ASX is awaiting a decisive move. This mix signals that Mineral Resources Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 53.10

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 67.15

Bullish
Buying momentum building without extremes.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 7.92

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -1.83

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 44.02

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 2.06

Medium
Medium volatility, healthy price movement.

CCI (14): 200.27

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Mineral Resources Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$48.83
Middle Band (SMA 20)
$45.20
Lower Band
$41.57
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$50.25
Middle Line (EMA 20)
$46.14
Lower Channel
$42.02
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-8.72M
Money Flow Index45.14Neutral, balanced money flows with no clear signal.
Relative Vigor Index54.57Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:MIN.AX shows neutral money flow, with no clear directional pressure.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

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 Mineral Resources Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: MIN.AX) Technical Analysis FAQ