Is Tungsten Mining NL stock a buy or sell right now?

Tungsten Mining NL currently trades in a Neutral range, with momentum and trend indicators showing no clear direction.

What is Tungsten Mining NL’s RSI?

RSI is 38.02, showing balanced momentum within the normal range.

What does MACD indicate for TGN.AX?

MACD at 0.00 is neutral, showing no clear momentum.

What are Tungsten Mining NL’s key support and resistance levels?

Support sits around $0.24, while resistance is near $0.30. If price falls below $0.24, it could trigger extended downside pressure.

Tungsten Mining NL

TGN.AX•ASX

Basic Materials

Industrial Materials

$0.23

$-0.01(-4.08%)

Australian Market opens in 12h 8m

Tungsten Mining NL (TGN.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Tungsten Mining NL (ASX:TGN.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

TGN.AX Technical Analysis Summary

Tungsten Mining NL stock currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral

Momentum:Bearish to Weak (RSI: 38.02)

Trend Strength:Weak (ADX: 12.02)

Volatility:High (ATR: 0.02)

Support/Resistance:$0.24 – $0.30 (Bollinger Bands)

This mix signals that Tungsten Mining NL is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 38.02

Bearish

Below midpoint indicates downward pressure.

Stochastic %K: 10.74

Bullish

Oversold zone signals rebound potential.

Williams %R: -94.44

Bullish

Oversold zone suggests rebound potential.

Rate of Change (ROC): -11.32

Strongly Bearish

Sharp downside momentum.

Takeaway:Tungsten Mining NL shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.00

Neutral

Neutral, momentum shows no clear direction.

ADX: 12.02

Weak

Weak trend, market trading sideways.

ATR (14): 0.02

Low

Low volatility, stable price action.

CCI (14): -173.42

Bearish

Bearish, oversold conditions may spark rebound.

Takeaway:Tungsten Mining NL shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators

Bollinger Bands

Upper Band

$0.30

Middle Band (SMA 20)

$0.27

Lower Band

$0.24

Current Position

Below Lower Band

Takeaway:Tungsten Mining NL trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels

Upper Channel

$0.31

Middle Line (EMA 20)

$0.27

Lower Channel

$0.22

Squeeze Status

Squeeze On

Takeaway:Tungsten Mining NL trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis

On-Balance Volume-7.74M

Money Flow Index49.48Neutral, balanced money flows with no clear signal.

Relative Vigor Index18.90Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary

Based on the current technical analysis of Tungsten Mining NL, 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 Tungsten Mining NL are mixed, suggesting a Hold or wait-and-see approach.