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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
$4.15
$0.14(3.49%)
Australian Market opens in 52h 59m

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: 46.13)
Trend Strength:Moderate (ADX: 23.51)
Volatility:Medium (ATR: 0.16)
Support/Resistance:$3.69 – $4.44 (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): 46.13

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.92

Bearish
Momentum remains weak below midpoint.

Williams %R: -65.22

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 3.58

Bullish
Steady upward momentum.

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: 23.51

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.16

Low
Low volatility, stable price action.

CCI (14): 4.52

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$4.44
Middle Band (SMA 20)
$4.07
Lower Band
$3.69
Current Position
Within Bands

Takeaway:Red Hill Minerals Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$4.44
Middle Line (EMA 20)
$4.13
Lower Channel
$3.81
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-181.12K
Money Flow Index63.64Bullish, inflows support continued momentum.
Relative Vigor Index42.00Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:RHI.AX shows mixed signals in money flow analysis.

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.

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:Red Hill Minerals Limited shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: RHI.AX) Technical Analysis FAQ