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TG Metals Limited

TG6.AX Technical Analysis Summary (ASX)

Analyze TG6.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

TG6.AXASX
Basic MaterialsOther Precious Metals
$0.18
$0.005(2.63%)
Australian Market opens in 14h 12m

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

TG6.AX Technical Analysis Summary (ASX)

TG Metals Limited (ASX: TG6.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: 47.69)
Trend Strength:Weak (ADX: 19.24)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.18 – $0.20 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 47.69

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 75.00

Bullish
Buying momentum building without extremes.

Williams %R: -50.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): -2.63

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 19.24

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -26.42

Bearish
Bearish, momentum remains under pressure.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.20
Middle Band (SMA 20)
$0.19
Lower Band
$0.18
Current Position
Within Bands

Takeaway:TG Metals Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.20
Middle Line (EMA 20)
$0.19
Lower Channel
$0.17
Squeeze Status
Squeeze On

Takeaway:TG Metals Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume924.32K
Money Flow Index49.26Neutral, balanced money flows with no clear signal.
Relative Vigor Index24.49Bearish, price momentum favors sellers.

Overall Takeaway:TG6.AX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of TG Metals Limited (ASX: TG6.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:TG Metals Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: TG6.AX) Technical Analysis FAQ