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Ore Resources Limited

OR3.AX Technical Analysis Summary (ASX)

Analyze OR3.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

OR3.AX●ASX
Basic MaterialsOther Precious Metals
$0.09
$0.01(13.75%)
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

OR3.AX Technical Analysis Summary (ASX)

Ore Resources Limited (ASX: OR3.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 66.97)
Trend Strength:Moderate (ADX: 26.66)
Support/Resistance:$0.06 – $0.08 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 66.97

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 87.74

Bearish
Overbought levels may trigger pullback.

Williams %R: -3.45

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 23.29

Strongly Bullish
Strong upside momentum.

Takeaway:Ore Resources Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 26.66

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 227.47

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Ore Resources Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.08
Middle Band (SMA 20)
$0.07
Lower Band
$0.06
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$0.08
Middle Line (EMA 20)
$0.07
Lower Channel
$0.06
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume2.80M
Money Flow Index80.55Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index65.61Bullish, price momentum strongly favors buyers.

Overall Takeaway:OR3.AX shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Ore Resources Limited (ASX: OR3.AX), 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.

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Technical indicators for Ore Resources Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: OR3.AX) Technical Analysis FAQ