Is NGX Ltd stock a buy or sell right now?

NGX Ltd currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is NGX Ltd’s RSI?

RSI is 61.49, showing balanced momentum within the normal range.

What does MACD indicate for NGX.AX?

MACD at 0.00 is neutral, showing no clear momentum.

What are NGX Ltd’s key support and resistance levels?

Support sits around $0.08, while resistance is near $0.11.

NGX Ltd

NGX.AX•ASX

Basic Materials

Industrial Materials

$0.11

$0.02(26.44%)

Australian Market opens in 6h 50m

NGX Ltd (NGX.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for NGX Ltd (ASX:NGX.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

NGX.AX Technical Analysis Summary

NGX Ltd stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Bullish (RSI: 61.49)

Trend Strength:Moderate (ADX: 27.62)

Support/Resistance:$0.08 – $0.11 (Bollinger Bands)

This mix signals that NGX Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 61.49

Bullish

Above midpoint suggests upward bias.

Stochastic %K: 42.86

Neutral

Mid-range signal with no clear trend.

Williams %R: 0.00

Bearish

Overbought levels may trigger correction.

Rate of Change (ROC): 4.76

Bullish

Steady upward momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral

Neutral, momentum shows no clear direction.

ADX: 27.62

Moderate

Moderate trend, direction gaining strength.

ATR (14): 0.00

Low

Low volatility, stable price action.

CCI (14): 105.08

Bearish Risk

Bearish risk, overbought levels suggest caution.

Takeaway:NGX Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$0.11

Middle Band (SMA 20)

$0.10

Lower Band

$0.08

Current Position

Within Bands

Takeaway:NGX Ltd trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels

Upper Channel

$0.10

Middle Line (EMA 20)

$0.09

Lower Channel

$0.08

Squeeze Status

No Squeeze

Takeaway:NGX Ltd trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis

On-Balance Volume-511.76K

Money Flow Index43.69Neutral, balanced money flows with no clear signal.

Relative Vigor Index40.01Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:NGX.AX shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary

Based on the current technical analysis of NGX Ltd, 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

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for NGX Ltd are mixed, suggesting a Hold or wait-and-see approach.