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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
$4.64
$0.06(1.31%)
Australian Market opens in 5h 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

RHI.AX Technical Analysis Summary (ASX)

Red Hill Minerals Limited (ASX: RHI.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: 44.29)
Trend Strength:Weak (ADX: 15.06)
Volatility:Low (ATR: 0.07)
Support/Resistance:$4.54 – $4.73 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 44.29

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 11.67

Bullish
Oversold zone signals rebound potential.

Williams %R: -95.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.14

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.03

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.06

Weak
Weak trend, market trading sideways.

ATR (14): 0.07

Low
Low volatility, stable price action.

CCI (14): -98.03

Bearish
Bearish, momentum remains under pressure.

Takeaway:Red Hill Minerals Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.73
Middle Band (SMA 20)
$4.63
Lower Band
$4.54
Current Position
Within Bands

Takeaway:Red Hill Minerals Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$4.76
Middle Line (EMA 20)
$4.63
Lower Channel
$4.50
Squeeze Status
Squeeze On

Takeaway:Red Hill Minerals Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-171.81K
Money Flow Index12.88Bullish, oversold conditions signal rebound potential.
Relative Vigor Index40.43Neutral to Bearish, sellers hold a slight edge.

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

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

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(ASX: RHI.AX) Technical Analysis FAQ