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Polymetals Resources Ltd

POL.AX Technical Analysis Summary (ASX)

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

POL.AX●ASX
Basic MaterialsOther Precious Metals
$0.77
$0.07(8.33%)
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

POL.AX Technical Analysis Summary (ASX)

Polymetals Resources Ltd (ASX: POL.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: 44.95)
Trend Strength:Weak (ADX: 16.43)
Volatility:High (ATR: 0.05)
Support/Resistance:$0.70 – $0.94 (Bollinger Bands)

Technical conditions suggest Polymetals Resources Ltd on the ASX is awaiting a decisive move. Technical conditions suggest Polymetals Resources Ltd is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.95

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 45.78

Neutral
Mid-range signal with no clear trend.

Williams %R: -70.83

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -15.38

Strongly Bearish
Sharp downside momentum.

Takeaway:Polymetals Resources Ltd shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.43

Weak
Weak trend, market trading sideways.

ATR (14): 0.05

Low
Low volatility, stable price action.

CCI (14): -42.95

Bearish
Bearish, momentum remains under pressure.

Takeaway:Polymetals Resources Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.94
Middle Band (SMA 20)
$0.82
Lower Band
$0.70
Current Position
Within Bands

Takeaway:Polymetals Resources Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.92
Middle Line (EMA 20)
$0.81
Lower Channel
$0.70
Squeeze Status
No Squeeze

Takeaway:Polymetals Resources Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume3.05M
Money Flow Index36.75Bearish, selling pressure outweighs inflows.
Relative Vigor Index55.40Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Polymetals Resources Ltd (ASX: POL.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.

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

(ASX: POL.AX) Technical Analysis FAQ