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Noronex Limited

NRX.AX Technical Analysis Summary (ASX)

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

NRX.AX●ASX
Basic MaterialsCopper
$0.01
$0.002(14.29%)
Australian Market is Open · 12:48

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

NRX.AX Technical Analysis Summary (ASX)

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

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.56)
Trend Strength:Moderate (ADX: 22.52)
Support/Resistance:$0.01 – $0.01 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 42.56

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 66.67

Bullish
Buying momentum building without extremes.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -14.29

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 22.52

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -108.13

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Noronex Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.01
Middle Band (SMA 20)
$0.01
Lower Band
$0.01
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$0.01
Middle Line (EMA 20)
$0.01
Lower Channel
$0.01
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume22.06M
Money Flow Index78.27Bullish, inflows support continued momentum.
Relative Vigor Index25.50Bearish, price momentum favors sellers.

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

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

Bullish Signals

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 Noronex Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: NRX.AX) Technical Analysis FAQ