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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
$0.04
$0.001(2.63%)
Australian Market opens in 4h 58m

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:Neutral to Bullish (RSI: 53.11)
Trend Strength:Very Strong (ADX: 40.00)
Support/Resistance:$0.04 – $0.04 (Bollinger Bands)

Technical conditions suggest Sunshine Metals Limited on the ASX is awaiting a decisive move. Overall, Sunshine Metals Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 53.11

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 29.17

Bearish
Momentum remains weak below midpoint.

Williams %R: -62.50

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 2.63

Bullish
Steady upward momentum.

Takeaway:Sunshine Metals Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 40.00

Strong
Strong trend, momentum well established.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): -38.25

Bearish
Bearish, momentum remains under pressure.

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)
$0.04
Lower Band
$0.04
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)
$0.04
Lower Channel
$0.03
Squeeze Status
Squeeze On

Takeaway:Sunshine Metals Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume17.93M
Money Flow Index57.98Neutral, balanced money flows with no clear signal.
Relative Vigor Index30.72Bearish, price momentum favors sellers.

Overall Takeaway:SHN.AX shows mixed signals in money flow analysis.

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

RSI above 50 → positive momentum from buyers.

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