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Shriro Holdings Limited

SHM.AX•ASX
Consumer Cyclical
Specialty Retail
$0.79
$0.00(0.00%)
Australian Market opens in 61h 22m

Shriro Holdings Limited (SHM.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Shriro Holdings Limited (ASX:SHM.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

SHM.AX Technical Analysis Summary

Shriro Holdings Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 52.65)
Trend Strength:Weak (ADX: 15.61)
Volatility:Low (ATR: 0.01)
Support/Resistance:$0.76 – $0.81 (Bollinger Bands)

Technical conditions suggest Shriro Holdings Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 52.65

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 55.56

Neutral
Mid-range signal with no clear trend.

Williams %R: -41.67

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -1.88

Bearish
Selling pressure outweighs buying.

Takeaway:Shriro Holdings Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 15.61

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 53.16

Bullish
Bullish, momentum building upward.

Takeaway:Shriro Holdings Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.81
Middle Band (SMA 20)
$0.78
Lower Band
$0.76
Current Position
Within Bands

Takeaway:Shriro Holdings Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.80
Middle Line (EMA 20)
$0.78
Lower Channel
$0.75
Squeeze Status
No Squeeze

Takeaway:Shriro Holdings Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-936.51K
Money Flow Index11.61Bullish, oversold conditions signal rebound potential.
Relative Vigor Index36.73Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Shriro Holdings Limited, 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

RVI below 50 → vigor tilted toward sellers.

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

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