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QMines Limited

QML.AX Technical Analysis Summary (ASX)

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

QML.AX●ASX
Basic MaterialsCopper
$0.07
$0.005(8.20%)
Australian Market opens in 15h 2m

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

QML.AX Technical Analysis Summary (ASX)

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

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 65.18)
Trend Strength:Very Strong (ADX: 41.21)
Support/Resistance:$0.05 – $0.06 (Bollinger Bands)

Technical conditions suggest QMines Limited on the ASX is awaiting a decisive move. Technical conditions suggest QMines Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 65.18

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 81.65

Bearish
Overbought levels may trigger pullback.

Williams %R: -16.67

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 12.50

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 41.21

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 146.67

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.06
Middle Band (SMA 20)
$0.06
Lower Band
$0.05
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$0.06
Middle Line (EMA 20)
$0.06
Lower Channel
$0.05
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume14.74M
Money Flow Index86.37Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index58.78Neutral to Bullish, buyers hold a slight edge.

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

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

(ASX: QML.AX) Technical Analysis FAQ