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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
$0.10
$0.00(0.00%)
Australian Market opens in 5h 9m

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 Bearish (RSI: 43.26)
Trend Strength:Weak (ADX: 11.42)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.10 – $0.11 (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): 43.26

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 19.44

Bullish
Oversold zone signals rebound potential.

Williams %R: -66.67

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -8.70

Strongly Bearish
Sharp downside momentum.

Takeaway:Syrah Resources Limited shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 11.42

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -127.67

Bearish
Bearish, oversold conditions may spark rebound.

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

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

Takeaway:Syrah Resources Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.12
Middle Line (EMA 20)
$0.11
Lower Channel
$0.09
Squeeze Status
Squeeze On

Takeaway:Syrah Resources Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume11.50M
Money Flow Index17.27Bullish, oversold conditions signal rebound potential.
Relative Vigor Index14.60Bearish, price momentum favors sellers.

Overall Takeaway:SYR.AX shows oversold money flow, with rebound potential building.

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

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