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Sandfire Resources Limited

SFR.AX Technical Analysis Summary (ASX)

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

SFR.AX●ASX
Basic MaterialsCopper
$22.05
$0.18(0.80%)
Australian Market is Open · 12:37

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

SFR.AX Technical Analysis Summary (ASX)

Sandfire Resources Limited (ASX: SFR.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 46.80)
Trend Strength:Weak (ADX: 12.85)
Volatility:Medium (ATR: 0.68)
Support/Resistance:$20.72 – $23.24 (Bollinger Bands)

Technical conditions suggest Sandfire Resources Limited on the ASX is awaiting a decisive move. This mix signals that Sandfire Resources Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 46.80

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 50.13

Neutral
Mid-range signal with no clear trend.

Williams %R: -57.63

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 1.60

Bullish
Steady upward momentum.

Takeaway:Sandfire Resources Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.08

Bullish
Bullish, trend momentum is strengthening.

ADX: 12.85

Weak
Weak trend, market trading sideways.

ATR (14): 0.68

Low
Low volatility, stable price action.

CCI (14): -32.11

Bearish
Bearish, momentum remains under pressure.

Takeaway:Sandfire Resources Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$23.24
Middle Band (SMA 20)
$21.98
Lower Band
$20.72
Current Position
Within Bands

Takeaway:Sandfire Resources Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$23.32
Middle Line (EMA 20)
$21.96
Lower Channel
$20.61
Squeeze Status
Squeeze On

Takeaway:Sandfire Resources Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume25.79M
Money Flow Index65.29Bullish, inflows support continued momentum.
Relative Vigor Index36.39Bearish, price momentum favors sellers.

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

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Sandfire Resources Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: SFR.AX) Technical Analysis FAQ