Advertisement
Loading...

NuEnergy Gas Limited

NGY.AXASX
Energy
Oil & Gas Exploration & Production
$0.03
$0.003(9.68%)
Australian Market opens in 10h 4m
Advertisement

NuEnergy Gas Limited (NGY.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for NuEnergy Gas Limited (ASX:NGY.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

NGY.AX Technical Analysis Summary

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.93)
Trend Strength:Weak (ADX: 12.57)
Support/Resistance:$0.03 – $0.04 (Bollinger Bands)

This mix signals that NuEnergy Gas Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.93

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 25.00

Bearish
Momentum remains weak below midpoint.

Williams %R: -25.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -2.86

Bearish
Selling pressure outweighs buying.

Takeaway:NuEnergy Gas Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 12.57

Weak
Weak trend, market trading sideways.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -19.65

Neutral
Neutral, no strong directional signal.

Takeaway:NuEnergy Gas Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.04
Middle Band (SMA 20)
$0.03
Lower Band
$0.03
Current Position
Within Bands

Takeaway:NuEnergy Gas Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.04
Middle Line (EMA 20)
$0.03
Lower Channel
$0.03
Squeeze Status
No Squeeze

Takeaway:NuEnergy Gas Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-41.20M
Money Flow Index32.07Bearish, selling pressure outweighs inflows.
Relative Vigor Index38.17Bearish, price momentum favors sellers.

Overall Takeaway:NGY.AX shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ