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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
$0.06
$0.002(3.57%)
Australian Market is Open · 14:50

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:Bullish to Strongly Bullish (RSI: 22.35)
Trend Strength:Weak (ADX: 15.03)
Support/Resistance:$0.06 – $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): 22.35

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 0.00

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -8.20

Strongly Bearish
Sharp downside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 15.03

Weak
Weak trend, market trading sideways.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -252.87

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:ReadCloud 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
$0.06
Current Position
Below Lower Band

Takeaway:ReadCloud Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.06
Middle Line (EMA 20)
$0.06
Lower Channel
$0.06
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-1.08M
Money Flow Index32.38Bearish, selling pressure outweighs inflows.
Relative Vigor Index9.51Bearish, price momentum favors sellers.

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

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

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