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Simonds Group Limited

SIO.AX Technical Analysis Summary (ASX)

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

SIO.AX●ASX
Consumer CyclicalResidential Construction
$0.17
$0.005(3.03%)
Australian Market opens in 51h 26m

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

SIO.AX Technical Analysis Summary (ASX)

Simonds Group Limited (ASX: SIO.AX) stock currently shows a bullish trend on the ASX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 70.45)
Trend Strength:Moderate (ADX: 28.28)
Support/Resistance:$0.14 – $0.18 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 70.45

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 100.00

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 6.25

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 28.28

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.00

Low
Low volatility, stable price action.

CCI (14): 89.22

Bullish
Bullish, momentum building upward.

Takeaway:Simonds Group Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.18
Middle Band (SMA 20)
$0.16
Lower Band
$0.14
Current Position
Within Bands

Takeaway:Simonds Group Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.17
Middle Line (EMA 20)
$0.16
Lower Channel
$0.15
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume901.95K
Money Flow Index85.97Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index15.25Bearish, price momentum favors sellers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Simonds Group Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(ASX: SIO.AX) Technical Analysis FAQ