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Theta Gold Mines Limited

TGM.AX•ASX
Basic Materials
Gold
$0.20
$0.00(0.00%)
Australian Market opens in NaNh NaNm

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: 46.78)
Trend Strength:Moderate (ADX: 23.40)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.20 – $0.22 (Bollinger Bands)

Overall, Theta Gold Mines Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 46.78

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 46.67

Neutral
Mid-range signal with no clear trend.

Williams %R: -42.86

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 2.50

Bullish
Steady upward momentum.

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: 23.40

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -82.67

Bearish
Bearish, momentum remains under pressure.

Takeaway:Theta Gold Mines Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.22
Middle Band (SMA 20)
$0.21
Lower Band
$0.20
Current Position
Within Bands

Takeaway:Theta Gold Mines Limited trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$0.23
Middle Line (EMA 20)
$0.21
Lower Channel
$0.18
Squeeze Status
Squeeze On

Takeaway:Theta Gold Mines Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume2.47M
Money Flow Index31.70Bearish, selling pressure outweighs inflows.
Relative Vigor Index48.43Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:TGM.AX shows bearish money flow, with sellers dominating volume and vigor.

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

ADX above 20 → strong underlying trend.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

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