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Otto Energy Limited

OEL.AX Technical Analysis Summary (ASX)

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

OEL.AX●ASX
EnergyOil & Gas Exploration & Production
$0.006
$0.00(0.00%)
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

OEL.AX Technical Analysis Summary (ASX)

Otto Energy Limited (ASX: OEL.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: 50.37)
Trend Strength:Very Strong (ADX: 43.01)
Support/Resistance:$0.00 – $0.01 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 50.37

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 50.00

Neutral
Mid-range signal with no clear trend.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -14.29

Strongly Bearish
Sharp downside momentum.

Takeaway:Otto Energy Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 43.01

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 18.18

Neutral
Neutral, no strong directional signal.

Takeaway:Otto Energy Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.01
Middle Band (SMA 20)
$0.01
Lower Band
-
Current Position
Unknown
Keltner Channels
Upper Channel
$0.01
Middle Line (EMA 20)
$0.01
Lower Channel
-
Squeeze Status
Unknown
Volume & Money Flow Analysis
On-Balance Volume-2.45M
Money Flow Index37.12Bearish, selling pressure outweighs inflows.
Relative Vigor Index27.45Bearish, price momentum favors sellers.

Overall Takeaway:OEL.AX shows bearish money flow, with sellers dominating volume and vigor.

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

(ASX: OEL.AX) Technical Analysis FAQ