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SomnoMed Limited

SOM.AX•ASX
Healthcare
Medical - Devices
$0.59
$-0.06(-9.23%)
Australian Market opens in 17h 51m

SomnoMed Limited (SOM.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for SomnoMed Limited (ASX:SOM.AX).

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

SOM.AX Technical Analysis Summary

SomnoMed Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 40.19)
Trend Strength:Weak (ADX: 19.41)
Volatility:Medium (ATR: 0.02)
Support/Resistance:$0.62 – $0.69 (Bollinger Bands)

This mix signals that SomnoMed Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 40.19

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 46.11

Neutral
Mid-range signal with no clear trend.

Williams %R: -73.33

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -6.06

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.41

Weak
Weak trend, market trading sideways.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -116.91

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.69
Middle Band (SMA 20)
$0.65
Lower Band
$0.62
Current Position
Below Lower Band

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

Keltner Channels
Upper Channel
$0.70
Middle Line (EMA 20)
$0.65
Lower Channel
$0.60
Squeeze Status
Squeeze On

Takeaway:SomnoMed Limited trades near the lower channel, signaling strong support and possible rebound.

Volume & Money Flow Analysis
On-Balance Volume-5.46M
Money Flow Index22.69Bearish, selling pressure outweighs inflows.
Relative Vigor Index31.93Bearish, price momentum favors sellers.

Overall Takeaway:SOM.AX shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of SomnoMed Limited, here are the key trading signals and recommendations:

Bullish Signals

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

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