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Sunshine Metals Limited

SHN.AX Technical Analysis Summary (ASX)

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

SHN.AX●ASX
Basic MaterialsOther Precious Metals
$0.03
$0.002(7.14%)
Australian Market opens in 6h 0m

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

SHN.AX Technical Analysis Summary (ASX)

Sunshine Metals Limited (ASX: SHN.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish to Strongly Bullish (RSI: 23.67)
Trend Strength:Moderate (ADX: 27.45)
Support/Resistance:$0.03 – $0.04 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 23.67

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 2.78

Bullish
Oversold zone signals rebound potential.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -28.95

Strongly Bearish
Sharp downside momentum.

Takeaway:Sunshine Metals Limited shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 27.45

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -104.45

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Sunshine Metals Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.04
Middle Band (SMA 20)
$0.03
Lower Band
$0.03
Current Position
Below Lower Band

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

Keltner Channels
Upper Channel
$0.04
Middle Line (EMA 20)
$0.03
Lower Channel
$0.03
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-34.63M
Money Flow Index30.93Bearish, selling pressure outweighs inflows.
Relative Vigor Index11.28Bearish, price momentum favors sellers.

Overall Takeaway:SHN.AX shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of Sunshine Metals Limited (ASX: SHN.AX), 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 Sunshine Metals Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: SHN.AX) Technical Analysis FAQ