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Orezone Gold Corporation

ORE.AX Technical Analysis Summary (ASX)

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

ORE.AX●ASX
Basic MaterialsOther Precious Metals
$2.26
$0.09(3.83%)
Australian Market opens in 14h 10m

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

ORE.AX Technical Analysis Summary (ASX)

Orezone Gold Corporation (ASX: ORE.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: 47.32)
Trend Strength:Weak (ADX: 11.07)
Volatility:High (ATR: 0.12)
Support/Resistance:$2.10 – $2.55 (Bollinger Bands)

Technical conditions suggest Orezone Gold Corporation on the ASX is awaiting a decisive move. Technical conditions suggest Orezone Gold Corporation is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 47.32

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 51.31

Neutral
Mid-range signal with no clear trend.

Williams %R: -54.55

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -11.37

Strongly Bearish
Sharp downside momentum.

Takeaway:Orezone Gold Corporation shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 11.07

Weak
Weak trend, market trading sideways.

ATR (14): 0.12

Low
Low volatility, stable price action.

CCI (14): -15.35

Neutral
Neutral, no strong directional signal.

Takeaway:Orezone Gold Corporation shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.55
Middle Band (SMA 20)
$2.32
Lower Band
$2.10
Current Position
Within Bands

Takeaway:Orezone Gold Corporation trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$2.54
Middle Line (EMA 20)
$2.31
Lower Channel
$2.07
Squeeze Status
Squeeze On

Takeaway:Orezone Gold Corporation trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-15.63M
Money Flow Index75.69Bullish, inflows support continued momentum.
Relative Vigor Index54.54Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:ORE.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Orezone Gold Corporation (ASX: ORE.AX), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Orezone Gold Corporation shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: ORE.AX) Technical Analysis FAQ