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Solis Minerals Ltd.

SLM.AX Technical Analysis Summary (ASX)

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

SLM.AX●ASX
Basic MaterialsCopper
$0.07
$0.001(1.43%)
Australian Market opens in 13h 16m

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

SLM.AX Technical Analysis Summary (ASX)

Solis Minerals Ltd. (ASX: SLM.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 42.69)
Trend Strength:Moderate (ADX: 25.53)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.07 – $0.09 (Bollinger Bands)

Technical conditions suggest Solis Minerals Ltd. on the ASX is awaiting a decisive move. Technical conditions suggest Solis Minerals Ltd. is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 42.69

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.33

Bearish
Momentum remains weak below midpoint.

Williams %R: -56.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.60

Bearish
Selling pressure outweighs buying.

Takeaway:Solis Minerals Ltd. shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 25.53

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -51.69

Bearish
Bearish, momentum remains under pressure.

Takeaway:Solis Minerals Ltd. shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.09
Middle Band (SMA 20)
$0.08
Lower Band
$0.07
Current Position
Within Bands

Takeaway:Solis Minerals Ltd. trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.09
Middle Line (EMA 20)
$0.08
Lower Channel
$0.07
Squeeze Status
No Squeeze

Takeaway:Solis Minerals Ltd. trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume1.35M
Money Flow Index35.51Bearish, selling pressure outweighs inflows.
Relative Vigor Index63.72Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Solis Minerals Ltd. (ASX: SLM.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

No significant bearish signals detected.

Overall Recommendation:Solis Minerals Ltd. shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: SLM.AX) Technical Analysis FAQ