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Ora Banda Mining Limited

OBM.AX Technical Analysis Summary (ASX)

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

OBM.AX●ASX
Basic MaterialsGold
$1.44
$0.04(2.37%)
Australian Market opens in 0h 34m

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

OBM.AX Technical Analysis Summary (ASX)

Ora Banda Mining Limited (ASX: OBM.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: 45.71)
Trend Strength:Weak (ADX: 11.88)
Volatility:Medium (ATR: 0.07)
Support/Resistance:$1.41 – $1.60 (Bollinger Bands)

Technical conditions suggest Ora Banda Mining Limited on the ASX is awaiting a decisive move. Overall, Ora Banda Mining Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 45.71

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 31.48

Bearish
Momentum remains weak below midpoint.

Williams %R: -77.78

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Ora Banda Mining Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 11.88

Weak
Weak trend, market trading sideways.

ATR (14): 0.07

Low
Low volatility, stable price action.

CCI (14): -64.10

Bearish
Bearish, momentum remains under pressure.

Takeaway:Ora Banda Mining Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.60
Middle Band (SMA 20)
$1.51
Lower Band
$1.41
Current Position
Within Bands

Takeaway:Ora Banda Mining Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$1.64
Middle Line (EMA 20)
$1.49
Lower Channel
$1.34
Squeeze Status
Squeeze On

Takeaway:Ora Banda Mining Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume38.75M
Money Flow Index65.98Bullish, inflows support continued momentum.
Relative Vigor Index46.90Neutral to Bearish, sellers hold a slight edge.

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

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

Bullish Signals

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Ora Banda Mining Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: OBM.AX) Technical Analysis FAQ