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Sheffield Resources Limited

SFX.AX•ASX
Basic Materials
Industrial Materials
$0.04
$-0.00(-5.26%)
Australian Market is Open • 10:40

Sheffield Resources Limited (SFX.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Sheffield Resources Limited (ASX:SFX.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

SFX.AX Technical Analysis Summary

Sheffield Resources Limited stock currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bullish to Strongly Bullish (RSI: 26.57)
Trend Strength:Strong (ADX: 32.36)
Support/Resistance:$0.03 – $0.06 (Bollinger Bands)

Technical conditions suggest Sheffield Resources Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 26.57

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 3.70

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -30.77

Strongly Bearish
Sharp downside momentum.

Takeaway:Sheffield Resources Limited shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.36

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -111.01

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Sheffield Resources Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.06
Middle Band (SMA 20)
$0.05
Lower Band
$0.03
Current Position
Within Bands

Takeaway:Sheffield Resources Limited trades closer to support, showing weaker momentum within bands.

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

Takeaway:Sheffield Resources Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-5.82M
Money Flow Index12.72Bullish, oversold conditions signal rebound potential.
Relative Vigor Index33.81Bearish, price momentum favors sellers.

Overall Takeaway:SFX.AX shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Sheffield Resources 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 Sheffield Resources Limited are mixed, suggesting a Hold or wait-and-see approach.

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