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Santana Minerals Limited

SMI.AX Technical Analysis Summary (ASX)

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

SMI.AX●ASX
Basic MaterialsOther Precious Metals
$0.56
$0.005(0.90%)
Australian Market opens in NaNh NaNm

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

SMI.AX Technical Analysis Summary (ASX)

Santana Minerals Limited (ASX: SMI.AX) stock currently shows a bullish trend on the ASX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 61.35)
Trend Strength:Moderate (ADX: 23.70)
Volatility:High (ATR: 0.03)
Support/Resistance:$0.45 – $0.60 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 61.35

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 57.74

Neutral
Mid-range signal with no clear trend.

Williams %R: -36.84

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -1.75

Bearish
Selling pressure outweighs buying.

Takeaway:Santana Minerals Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 23.70

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): 57.06

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.60
Middle Band (SMA 20)
$0.53
Lower Band
$0.45
Current Position
Within Bands

Takeaway:Santana Minerals Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.59
Middle Line (EMA 20)
$0.53
Lower Channel
$0.46
Squeeze Status
No Squeeze

Takeaway:Santana Minerals Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume4.50M
Money Flow Index50.75Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.75Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:SMI.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Santana Minerals Limited (ASX: SMI.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.

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Santana Minerals Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: SMI.AX) Technical Analysis FAQ