Advertisement
Loading...

Manuka Resources Limited

MKR.AX•ASX
Basic Materials
Other Precious Metals
$0.10
$0.002(2.06%)
Australian Market opens in 10h 47m
Advertisement

Manuka Resources Limited (MKR.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Manuka Resources Limited (ASX:MKR.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

MKR.AX Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 45.97)
Trend Strength:Weak (ADX: 14.59)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.08 – $0.13 (Bollinger Bands)

Technical conditions suggest Manuka Resources Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 45.97

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 22.73

Bearish
Momentum remains weak below midpoint.

Williams %R: -91.18

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 3.13

Bullish
Steady upward momentum.

Takeaway:Manuka Resources Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 14.59

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -104.33

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Manuka Resources Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.13
Middle Band (SMA 20)
$0.10
Lower Band
$0.08
Current Position
Within Bands

Takeaway:Manuka Resources Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.12
Middle Line (EMA 20)
$0.10
Lower Channel
$0.09
Squeeze Status
No Squeeze

Takeaway:Manuka Resources Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-46.12M
Money Flow Index46.97Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.04Neutral to Bearish, sellers hold a slight edge.

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

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

Bullish Signals

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Manuka Resources Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ