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SGL Resources Limited

SGLRES.BO Technical Analysis Summary (BSE)

Analyze SGLRES.BO on the BSE with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

SGLRES.BO●BSE
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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 (BSE)

SGL Resources Limited (BSE: SGLRES.BO) stock currently shows a neutral trend on the BSE, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.85)
Trend Strength:Weak (ADX: 15.96)
Volatility:High (ATR: 0.17)
Support/Resistance:$2.31 – $2.60 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 42.85

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 37.73

Bearish
Momentum remains weak below midpoint.

Williams %R: -62.50

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -6.40

Strongly Bearish
Sharp downside momentum.

Takeaway:SGL Resources Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.05

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 15.96

Weak
Weak trend, market trading sideways.

ATR (14): 0.17

Low
Low volatility, stable price action.

CCI (14): -164.34

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$2.60
Middle Band (SMA 20)
$2.46
Lower Band
$2.31
Current Position
Below Lower Band

Takeaway:SGL Resources Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$2.77
Middle Line (EMA 20)
$2.43
Lower Channel
$2.09
Squeeze Status
Squeeze On

Takeaway:SGL Resources Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-48.52K
Money Flow Index66.35Bullish, inflows support continued momentum.
Relative Vigor Index50.28Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SGLRES.BO shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of SGL Resources Limited (BSE: SGLRES.BO), here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

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

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

(BSE: SGLRES.BO) Technical Analysis FAQ