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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 10h 56m
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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: 49.61)
Trend Strength:Moderate (ADX: 21.37)
Support/Resistance:$0.03 – $0.03 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 49.61

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 66.67

Bullish
Buying momentum building without extremes.

Williams %R: -33.33

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 10.71

Strongly Bullish
Strong upside momentum.

Takeaway:Scorpion Minerals Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 21.37

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 20.48

Bullish
Bullish, momentum building upward.

Takeaway:Scorpion Minerals Limited shows a firm trend supported by momentum, though one signal suggests caution.

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

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

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

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

Volume & Money Flow Analysis
On-Balance Volume636.24K
Money Flow Index73.97Bullish, inflows support continued momentum.
Relative Vigor Index26.62Bearish, 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.

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

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

Bearish Signals

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

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