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Tungsten Mining NL

TGN.AX•ASX
Basic Materials
Industrial Materials
$0.20
$-0.01(-4.88%)
Australian Market is Open • 14:31

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: 30.84)
Trend Strength:Weak (ADX: 13.81)
Volatility:High (ATR: 0.02)
Support/Resistance:$0.19 – $0.27 (Bollinger Bands)

Technical conditions suggest Tungsten Mining NL is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 30.84

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 6.41

Bullish
Oversold zone signals rebound potential.

Williams %R: -94.12

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -17.02

Strongly Bearish
Sharp downside momentum.

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

Trend & Volatility

MACD: -0.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 13.81

Weak
Weak trend, market trading sideways.

ATR (14): 0.02

Low
Low volatility, stable price action.

CCI (14): -122.39

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
$0.27
Middle Band (SMA 20)
$0.23
Lower Band
$0.19
Current Position
Within Bands

Takeaway:Tungsten Mining NL trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.26
Middle Line (EMA 20)
$0.23
Lower Channel
$0.19
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-3.96M
Money Flow Index47.95Neutral, balanced money flows with no clear signal.
Relative Vigor Index21.19Bearish, 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

MACD below signal line → short-term caution on momentum.

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.

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