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Scorpion Minerals Limited

SCN.AX•ASX
Basic Materials
Other Precious Metals
$0.03
$0.00(0.00%)
Australian Market opens in 34h 43m

Scorpion Minerals Limited (SCN.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Scorpion Minerals Limited (ASX:SCN.AX).

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

SCN.AX Technical Analysis Summary

Scorpion Minerals Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.70)
Trend Strength:Strong (ADX: 31.17)
Support/Resistance:$0.03 – $0.04 (Bollinger Bands)

This mix signals that Scorpion Minerals Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 42.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 30.95

Bearish
Momentum remains weak below midpoint.

Williams %R: -57.14

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -10.53

Strongly Bearish
Sharp downside momentum.

Takeaway:Scorpion Minerals Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 31.17

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -36.28

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.04
Middle Band (SMA 20)
$0.04
Lower Band
$0.03
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$0.04
Middle Line (EMA 20)
$0.04
Lower Channel
$0.03
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-2.25M
Money Flow Index57.27Neutral, balanced money flows with no clear signal.
Relative Vigor Index33.75Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Scorpion Minerals Limited, here are the key trading signals and recommendations:

Bullish Signals

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 Scorpion Minerals Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ