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Theta Gold Mines Limited

TGM.AX•ASX
Basic Materials
Gold
$0.23
$0.005(2.22%)
Australian Market opens in 4h 16m

Theta Gold Mines Limited (TGM.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Theta Gold Mines Limited (ASX:TGM.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

TGM.AX Technical Analysis Summary

Theta Gold Mines Limited stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.89)
Trend Strength:Weak (ADX: 15.80)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.22 – $0.25 (Bollinger Bands)

This mix signals that Theta Gold Mines Limited is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 47.89

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 44.44

Neutral
Mid-range signal with no clear trend.

Williams %R: -66.67

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.17

Bearish
Selling pressure outweighs buying.

Takeaway:Theta Gold Mines Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 15.80

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -75.20

Bearish
Bearish, momentum remains under pressure.

Takeaway:Theta Gold Mines Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.25
Middle Band (SMA 20)
$0.23
Lower Band
$0.22
Current Position
Within Bands

Takeaway:Theta Gold Mines Limited trades around the middle band, reflecting balanced price action.

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

Takeaway:Theta Gold Mines Limited trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume3.48M
Money Flow Index51.87Neutral, balanced money flows with no clear signal.
Relative Vigor Index31.16Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Theta Gold Mines Limited, 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:Theta Gold Mines Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

Technical Analysis FAQ