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ReadCloud Limited

RCL.AX Technical Analysis Summary (ASX)

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

RCL.AX●ASX
TechnologySoftware - Application
$0.04
$0.004(9.76%)
Australian Market is Open · 14:40

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

RCL.AX Technical Analysis Summary (ASX)

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

Overall Sentiment:Neutral
Momentum:Bearish to Weak (RSI: 34.43)
Trend Strength:Strong (ADX: 37.84)
Support/Resistance:$0.04 – $0.06 (Bollinger Bands)

Technical conditions suggest ReadCloud Limited on the ASX is awaiting a decisive move. Overall, ReadCloud Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 34.43

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 36.11

Bearish
Momentum remains weak below midpoint.

Williams %R: -66.67

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -15.09

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 37.84

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -146.36

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.06
Middle Band (SMA 20)
$0.05
Lower Band
$0.04
Current Position
Within Bands

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

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

Takeaway:ReadCloud Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-409.93K
Money Flow Index15.40Bullish, oversold conditions signal rebound potential.
Relative Vigor Index27.23Bearish, price momentum favors sellers.

Overall Takeaway:RCL.AX shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of ReadCloud Limited (ASX: RCL.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

RVI below 50 → vigor tilted toward sellers.

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

(ASX: RCL.AX) Technical Analysis FAQ