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Stonehorse Energy Limited

SHE.AX Technical Analysis Summary (ASX)

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

SHE.AXASX
EnergyOil & Gas Exploration & Production
$0.01
$0.001(9.09%)
Australian Market opens in 13h 18m

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

SHE.AX Technical Analysis Summary (ASX)

Stonehorse Energy Limited (ASX: SHE.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.92)
Trend Strength:Weak (ADX: 10.65)
Support/Resistance:$0.01 – $0.01 (Bollinger Bands)

Technical conditions suggest Stonehorse Energy Limited on the ASX is awaiting a decisive move. Technical conditions suggest Stonehorse Energy Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 52.92

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 16.67

Bullish
Oversold zone signals rebound potential.

Williams %R: -50.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Stonehorse Energy Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 10.65

Weak
Weak trend, market trading sideways.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -14.86

Neutral
Neutral, no strong directional signal.

Takeaway:Stonehorse Energy Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.01
Middle Band (SMA 20)
$0.01
Lower Band
$0.01
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$0.01
Middle Line (EMA 20)
$0.01
Lower Channel
$0.01
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-1.48M
Money Flow Index5.07Bullish, oversold conditions signal rebound potential.
Relative Vigor Index20.88Bearish, price momentum favors sellers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

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:Stonehorse Energy Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: SHE.AX) Technical Analysis FAQ