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Tungsten Mining NL

TGN.AX Technical Analysis Summary (ASX)

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

TGN.AX●ASX
Basic MaterialsIndustrial Materials
$0.20
$0.00(0.00%)
Australian Market opens in 5h 9m

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 (ASX)

Tungsten Mining NL (ASX: TGN.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 51.44)
Trend Strength:Moderate (ADX: 20.84)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.20 – $0.22 (Bollinger Bands)

Technical conditions suggest Tungsten Mining NL on the ASX is awaiting a decisive move. This mix signals that Tungsten Mining NL is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 51.44

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 33.33

Bearish
Momentum remains weak below midpoint.

Williams %R: -40.00

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -4.44

Bearish
Selling pressure outweighs buying.

Takeaway:Tungsten Mining NL shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 20.84

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 75.42

Bullish
Bullish, momentum building upward.

Takeaway:Tungsten Mining NL shows a firm trend supported by momentum, though one signal suggests caution.

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

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

Keltner Channels
Upper Channel
$0.24
Middle Line (EMA 20)
$0.21
Lower Channel
$0.19
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 Volume182.56K
Money Flow Index59.82Neutral, balanced money flows with no clear signal.
Relative Vigor Index40.93Neutral to Bearish, sellers hold a slight edge.

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 (ASX: TGN.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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 Tungsten Mining NL are mixed, suggesting a Hold or wait-and-see approach.

(ASX: TGN.AX) Technical Analysis FAQ