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New Murchison Gold Limited

NMG.AX•ASX
Basic Materials
Industrial Materials
$0.07
$0.00(0.00%)
Australian Market opens in 31h 52m

New Murchison Gold Limited (NMG.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for New Murchison Gold Limited (ASX:NMG.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

NMG.AX Technical Analysis Summary

New Murchison Gold Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 54.66)
Trend Strength:Moderate (ADX: 24.75)
Support/Resistance:$0.06 – $0.07 (Bollinger Bands)

Technical conditions suggest New Murchison Gold Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.66

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 66.67

Bullish
Buying momentum building without extremes.

Williams %R: -33.33

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -1.49

Bearish
Selling pressure outweighs buying.

Takeaway:New Murchison Gold Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 24.75

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 67.18

Bullish
Bullish, momentum building upward.

Takeaway:New Murchison Gold Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.07
Middle Band (SMA 20)
$0.06
Lower Band
$0.06
Current Position
Within Bands

Takeaway:New Murchison Gold Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.07
Middle Line (EMA 20)
$0.06
Lower Channel
$0.06
Squeeze Status
No Squeeze

Takeaway:New Murchison Gold Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume589.16M
Money Flow Index59.32Neutral, balanced money flows with no clear signal.
Relative Vigor Index62.11Bullish, price momentum strongly favors buyers.

Overall Takeaway:NMG.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of New Murchison Gold Limited, 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 New Murchison Gold Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ