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Redcastle Resources Limited

RC1.AX Technical Analysis Summary (ASX)

Analyze RC1.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

RC1.AX●ASX
Basic MaterialsGold
$0.11
$0.005(4.35%)
Australian Market opens in 14h 9m

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 (ASX)

Redcastle Resources Limited (ASX: RC1.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: 43.87)
Trend Strength:Moderate (ADX: 20.82)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.10 – $0.14 (Bollinger Bands)

Technical conditions suggest Redcastle Resources Limited on the ASX is awaiting a decisive move. This mix signals that Redcastle Resources Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 43.87

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.33

Bearish
Momentum remains weak below midpoint.

Williams %R: -66.67

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -12.00

Strongly Bearish
Sharp downside momentum.

Takeaway:Redcastle Resources Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.82

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -71.74

Bearish
Bearish, momentum remains under pressure.

Takeaway:Redcastle Resources Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.14
Middle Band (SMA 20)
$0.12
Lower Band
$0.10
Current Position
Within Bands

Takeaway:Redcastle Resources Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.13
Middle Line (EMA 20)
$0.12
Lower Channel
$0.10
Squeeze Status
No Squeeze

Takeaway:Redcastle Resources Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-1.80M
Money Flow Index20.30Bearish, selling pressure outweighs inflows.
Relative Vigor Index35.86Bearish, price momentum favors sellers.

Overall Takeaway:RC1.AX shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Redcastle Resources Limited (ASX: RC1.AX), here are the key trading signals and recommendations:

Bullish Signals

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Redcastle Resources Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: RC1.AX) Technical Analysis FAQ