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Tamboran Resources Limited

TBN.AX Technical Analysis Summary (ASX)

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

TBN.AX●ASX
EnergyOil & Gas Exploration & Production
$0.24
$0.005(2.08%)
Australian Market opens in 12h 36m

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

TBN.AX Technical Analysis Summary (ASX)

Tamboran Resources Limited (ASX: TBN.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: 57.72)
Trend Strength:Weak (ADX: 15.10)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.21 – $0.24 (Bollinger Bands)

Technical conditions suggest Tamboran Resources Limited on the ASX is awaiting a decisive move. Technical conditions suggest Tamboran Resources Limited is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 57.72

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 63.33

Bullish
Buying momentum building without extremes.

Williams %R: -33.33

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 11.36

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 15.10

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 243.81

Bearish Risk
Bearish risk, overbought levels suggest caution.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.24
Middle Band (SMA 20)
$0.23
Lower Band
$0.21
Current Position
Above Upper Band

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

Keltner Channels
Upper Channel
$0.26
Middle Line (EMA 20)
$0.23
Lower Channel
$0.20
Squeeze Status
Squeeze On

Takeaway:Tamboran Resources Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume27.31M
Money Flow Index69.46Bullish, inflows support continued momentum.
Relative Vigor Index52.82Neutral to Bullish, buyers hold a slight edge.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

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

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

(ASX: TBN.AX) Technical Analysis FAQ