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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(6.25%)
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

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: 54.11)
Trend Strength:Weak (ADX: 13.46)
Support/Resistance:$0.03 – $0.03 (Bollinger Bands)

Technical conditions suggest Sunshine Metals Limited on the ASX is awaiting a decisive move. Technical conditions suggest Sunshine Metals Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 54.11

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 75.56

Bullish
Buying momentum building without extremes.

Williams %R: -33.33

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 0.00

Neutral
Price change is minimal.

Takeaway:Sunshine Metals Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 13.46

Weak
Weak trend, market trading sideways.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 115.07

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Sunshine Metals Limited shows a neutral trend, with weak conviction and limited volatility.

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

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

Keltner Channels
Upper Channel
$0.03
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 Volume26.90M
Money Flow Index46.67Neutral, balanced money flows with no clear signal.
Relative Vigor Index42.84Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SHN.AX shows balanced money flow with a slight bearish tilt.

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.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(ASX: SHN.AX) Technical Analysis FAQ