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Redcastle Resources Limited

RC1.AX•ASX
Technology
Software - Application
$0.17
$0.005(2.94%)
Australian Market opens in 2h 12m

Redcastle Resources Limited (RC1.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Redcastle Resources Limited (ASX:RC1.AX).

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

RC1.AX Technical Analysis Summary

Redcastle Resources Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 54.54)
Trend Strength:Strong (ADX: 39.33)
Volatility:High (ATR: 0.03)
Support/Resistance:$0.07 – $0.22 (Bollinger Bands)

Technical conditions suggest Redcastle Resources Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.54

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 90.63

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 39.33

Strong
Strong trend, momentum well established.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): 87.60

Bullish
Bullish, momentum building upward.

Takeaway:Redcastle Resources Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.22
Middle Band (SMA 20)
$0.14
Lower Band
$0.07
Current Position
Within Bands

Takeaway:Redcastle Resources Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.20
Middle Line (EMA 20)
$0.14
Lower Channel
$0.09
Squeeze Status
No Squeeze

Takeaway:Redcastle Resources Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume14.96M
Money Flow Index64.10Bullish, inflows support continued momentum.
Relative Vigor Index61.95Bullish, price momentum strongly favors buyers.

Overall Takeaway:RC1.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Redcastle Resources Limited, 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.

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

Bearish Signals

No significant bearish signals detected.

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

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