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Red Hill Minerals Limited

RHI.AX Technical Analysis Summary (ASX)

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

RHI.AX●ASX
Basic MaterialsIndustrial Materials
$4.01
$0.07(1.72%)
Australian Market is Open · 14:12

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

RHI.AX Technical Analysis Summary (ASX)

Red Hill Minerals Limited (ASX: RHI.AX) stock currently shows a bearish trend on the ASX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 35.05)
Trend Strength:Strong (ADX: 32.15)
Volatility:Medium (ATR: 0.13)
Support/Resistance:$3.91 – $4.75 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 35.05

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 18.13

Bullish
Oversold zone signals rebound potential.

Williams %R: -85.96

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -9.17

Strongly Bearish
Sharp downside momentum.

Takeaway:Red Hill Minerals Limited shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -0.13

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.15

Strong
Strong trend, momentum well established.

ATR (14): 0.13

Low
Low volatility, stable price action.

CCI (14): -90.61

Bearish
Bearish, momentum remains under pressure.

Takeaway:Red Hill Minerals Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.75
Middle Band (SMA 20)
$4.33
Lower Band
$3.91
Current Position
Within Bands

Takeaway:Red Hill Minerals Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$4.54
Middle Line (EMA 20)
$4.28
Lower Channel
$4.01
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-197.18K
Money Flow Index10.40Bullish, oversold conditions signal rebound potential.
Relative Vigor Index28.02Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Red Hill Minerals Limited (ASX: RHI.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:Red Hill Minerals Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: RHI.AX) Technical Analysis FAQ