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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
$0.06
$0.004(7.14%)
Australian Market opens in 2h 12m

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:Bullish to Bearish Risk (RSI: 77.36)
Trend Strength:Strong (ADX: 31.31)
Support/Resistance:$0.04 – $0.06 (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): 77.36

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 86.23

Bearish
Overbought levels may trigger pullback.

Williams %R: -10.53

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 33.33

Strongly Bullish
Strong upside momentum.

Takeaway:Resonance Health Limited shows overheated momentum, with risk of near-term pullback.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 31.31

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 208.17

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Resonance Health Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.06
Middle Band (SMA 20)
$0.05
Lower Band
$0.04
Current Position
Within Bands

Takeaway:Resonance Health Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.05
Middle Line (EMA 20)
$0.05
Lower Channel
$0.04
Squeeze Status
No Squeeze

Takeaway:Resonance Health Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume10.58M
Money Flow Index94.79Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index54.68Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:RHT.AX shows bullish money flow, with volume and vigor supporting buyers.

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.

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

Bearish Signals

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

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

(ASX: RHT.AX) Technical Analysis FAQ