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NuEnergy Gas Limited

NGY.AX Technical Analysis Summary (ASX)

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

NGY.AX●ASX
EnergyOil & Gas Exploration & Production
$0.04
$0.002(4.76%)
Australian Market opens in 13h 18m

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 (ASX)

NuEnergy Gas Limited (ASX: NGY.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 57.20)
Trend Strength:Strong (ADX: 39.11)
Support/Resistance:$0.03 – $0.05 (Bollinger Bands)

Technical conditions suggest NuEnergy Gas Limited on the ASX is awaiting a decisive move. Technical conditions suggest NuEnergy Gas Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 57.20

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 50.16

Neutral
Mid-range signal with no clear trend.

Williams %R: -42.86

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.44

Bearish
Selling pressure outweighs buying.

Takeaway:NuEnergy Gas Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 39.11

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 93.33

Bullish
Bullish, momentum building upward.

Takeaway:NuEnergy Gas Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.05
Middle Band (SMA 20)
$0.04
Lower Band
$0.03
Current Position
Within Bands

Takeaway:NuEnergy Gas Limited trades around the middle band, reflecting balanced price action.

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

Takeaway:NuEnergy Gas Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume8.08M
Money Flow Index40.47Neutral, balanced money flows with no clear signal.
Relative Vigor Index26.04Bearish, price momentum favors sellers.

Overall Takeaway:NGY.AX shows mixed signals in money flow analysis.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for NuEnergy Gas Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: NGY.AX) Technical Analysis FAQ