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Sovereign Metals Limited

SVM.AX•ASX
Basic Materials
Industrial Materials
$0.94
$0.00(0.00%)
Australian Market opens in 32h 5m

Sovereign Metals Limited (SVM.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Sovereign Metals Limited (ASX:SVM.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

SVM.AX Technical Analysis Summary

Sovereign Metals Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish to Bearish Risk (RSI: 77.18)
Trend Strength:Moderate (ADX: 26.07)
Volatility:Medium (ATR: 0.04)
Support/Resistance:$0.63 – $0.88 (Bollinger Bands)

Overall, Sovereign Metals Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 77.18

Bearish
Overbought, selling pressure may emerge.

Stochastic %K: 95.10

Bearish
Overbought levels may trigger pullback.

Williams %R: 0.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 33.33

Strongly Bullish
Strong upside momentum.

Takeaway:Insufficient data to determine overall momentum trend.

Trend & Volatility

MACD: 0.05

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.07

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.04

Low
Low volatility, stable price action.

CCI (14): 226.57

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.88
Middle Band (SMA 20)
$0.75
Lower Band
$0.63
Current Position
Above Upper Band

Takeaway:Sovereign Metals Limited trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$0.85
Middle Line (EMA 20)
$0.76
Lower Channel
$0.68
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume18.26M
Money Flow Index82.26Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index74.36Bullish, price momentum strongly favors buyers.

Overall Takeaway:SVM.AX shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of Sovereign Metals Limited, 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

Price near upper Bollinger Band → potential resistance and pullback risk.

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:Sovereign Metals Limited currently shows a Buy with caution signal — momentum and trend strength are positive, but price is close to resistance and may face short-term pullbacks.

Technical Analysis FAQ