Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
Rand Mining Limited

RND.AX Technical Analysis Summary (ASX)

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

RND.AX●ASX
Basic MaterialsGold
$2.30
$0.00(0.00%)
Australian Market opens in 22h 23m

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

RND.AX Technical Analysis Summary (ASX)

Rand Mining Limited (ASX: RND.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: 54.59)
Trend Strength:Weak (ADX: 19.42)
Volatility:Medium (ATR: 0.05)
Support/Resistance:$2.11 – $2.37 (Bollinger Bands)

Technical conditions suggest Rand Mining Limited on the ASX is awaiting a decisive move. Technical conditions suggest Rand Mining Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.59

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 84.72

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 2.22

Bullish
Steady upward momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.42

Weak
Weak trend, market trading sideways.

ATR (14): 0.05

Low
Low volatility, stable price action.

CCI (14): 152.44

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Rand Mining Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.37
Middle Band (SMA 20)
$2.24
Lower Band
$2.11
Current Position
Within Bands

Takeaway:Rand Mining Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$2.36
Middle Line (EMA 20)
$2.25
Lower Channel
$2.14
Squeeze Status
No Squeeze

Takeaway:Rand Mining Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume28.32K
Money Flow Index50.83Neutral, balanced money flows with no clear signal.
Relative Vigor Index26.78Bearish, price momentum favors sellers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

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:Rand Mining Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: RND.AX) Technical Analysis FAQ