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Odessa Minerals Limited

ODE.AX Technical Analysis Summary (ASX)

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

ODE.AX●ASX
Basic MaterialsOther Precious Metals
$0.02
$0.002(10.00%)
Australian Market opens in NaNh NaNm

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

ODE.AX Technical Analysis Summary (ASX)

Odessa Minerals Limited (ASX: ODE.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: 43.16)
Trend Strength:Moderate (ADX: 26.14)
Support/Resistance:$0.02 – $0.02 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 43.16

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 25.00

Bearish
Momentum remains weak below midpoint.

Williams %R: -75.00

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.76

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 26.14

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -71.11

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.02
Middle Band (SMA 20)
$0.02
Lower Band
$0.02
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$0.02
Middle Line (EMA 20)
$0.02
Lower Channel
$0.02
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-13.17M
Money Flow Index65.81Bullish, inflows support continued momentum.
Relative Vigor Index15.62Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Odessa Minerals Limited (ASX: ODE.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 Odessa Minerals Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: ODE.AX) Technical Analysis FAQ