Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
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
$4.55
$0.07(1.52%)
Australian Market opens in 4h 8m

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: 49.89)
Trend Strength:Weak (ADX: 9.56)
Volatility:Low (ATR: 0.06)
Support/Resistance:$4.52 – $4.66 (Bollinger Bands)

Technical conditions suggest Red Hill Minerals Limited on the ASX is awaiting a decisive move. Technical conditions suggest Red Hill Minerals Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 49.89

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 46.67

Neutral
Mid-range signal with no clear trend.

Williams %R: -40.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 0.44

Neutral
Price change is minimal.

Takeaway:Red Hill Minerals Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 9.56

Weak
Weak trend, market trading sideways.

ATR (14): 0.06

Low
Low volatility, stable price action.

CCI (14): 11.11

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.66
Middle Band (SMA 20)
$4.59
Lower Band
$4.52
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$4.72
Middle Line (EMA 20)
$4.59
Lower Channel
$4.47
Squeeze Status
Squeeze On

Takeaway:Red Hill Minerals Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-161.23K
Money Flow Index33.26Bearish, selling pressure outweighs inflows.
Relative Vigor Index32.62Bearish, price momentum favors sellers.

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

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Red Hill Minerals Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: RHI.AX) Technical Analysis FAQ