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SGL Resources Limited

SGL Resources Limited (SGLRES.BO) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for SGL Resources Limited.

SGLRES.BO●BSE
TechnologySoftware - Application
₹2.86
₹0.09(3.25%)
Indian Market opens in 35h 37m
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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

SGLRES.BO Technical Analysis Summary

SGL Resources Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.66)
Trend Strength:Moderate (ADX: 23.49)
Volatility:High (ATR: 0.20)
Support/Resistance:$2.49 – $3.08 (Bollinger Bands)

Overall, SGL Resources Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 51.66

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 66.48

Bullish
Buying momentum building without extremes.

Williams %R: -9.09

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -2.05

Bearish
Selling pressure outweighs buying.

Takeaway:SGL Resources Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.09

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.49

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.20

Low
Low volatility, stable price action.

CCI (14): 120.27

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.08
Middle Band (SMA 20)
$2.78
Lower Band
$2.49
Current Position
Within Bands

Takeaway:SGL Resources Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$3.20
Middle Line (EMA 20)
$2.80
Lower Channel
$2.39
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume2.28M
Money Flow Index46.72Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.89Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SGLRES.BO shows neutral money flow, with no clear directional pressure.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for SGL Resources Limited are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ