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Resonance Health Limited

RHT.AX Technical Analysis Summary (ASX)

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

RHT.AX●ASX
HealthcareMedical - Healthcare Information Services
$0.07
$0.00(0.00%)
Australian Market opens in 46h 58m

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

RHT.AX Technical Analysis Summary (ASX)

Resonance Health Limited (ASX: RHT.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.04)
Trend Strength:Moderate (ADX: 27.13)
Support/Resistance:$0.07 – $0.09 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 50.04

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 35.19

Bearish
Momentum remains weak below midpoint.

Williams %R: -66.67

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -8.64

Strongly Bearish
Sharp downside momentum.

Takeaway:Resonance Health Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 27.13

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -66.54

Bearish
Bearish, momentum remains under pressure.

Takeaway:Resonance Health Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.09
Middle Band (SMA 20)
$0.08
Lower Band
$0.07
Current Position
Within Bands

Takeaway:Resonance Health Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.08
Middle Line (EMA 20)
$0.08
Lower Channel
$0.07
Squeeze Status
No Squeeze

Takeaway:Resonance Health Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume6.93M
Money Flow Index41.03Neutral, balanced money flows with no clear signal.
Relative Vigor Index43.19Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:RHT.AX shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of Resonance Health Limited (ASX: RHT.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(ASX: RHT.AX) Technical Analysis FAQ