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Syrah Resources Limited

SYR.AX Technical Analysis Summary (ASX)

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

SYR.AX●ASX
Basic MaterialsIndustrial Materials
$0.11
$0.005(4.35%)
Australian Market opens in 4h 15m

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

SYR.AX Technical Analysis Summary (ASX)

Syrah Resources Limited (ASX: SYR.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 57.41)
Trend Strength:Weak (ADX: 16.19)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.10 – $0.12 (Bollinger Bands)

Technical conditions suggest Syrah Resources Limited on the ASX is awaiting a decisive move. Overall, Syrah Resources Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 57.41

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.24

Bearish
Overbought levels may trigger pullback.

Williams %R: -11.76

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 9.52

Strongly Bullish
Strong upside momentum.

Takeaway:Syrah Resources Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 16.19

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 104.65

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.12
Middle Band (SMA 20)
$0.11
Lower Band
$0.10
Current Position
Within Bands

Takeaway:Syrah Resources Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$0.13
Middle Line (EMA 20)
$0.11
Lower Channel
$0.09
Squeeze Status
Squeeze On

Takeaway:Syrah Resources Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-23.45M
Money Flow Index67.17Bullish, inflows support continued momentum.
Relative Vigor Index26.68Bearish, price momentum favors sellers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(ASX: SYR.AX) Technical Analysis FAQ