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TMK Energy Limited

TMK.AX Technical Analysis Summary (ASX)

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

TMK.AX●ASX
EnergyOil & Gas Exploration & Production
$0.15
$0.005(3.33%)
Australian Market opens in 13h 18m

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

TMK.AX Technical Analysis Summary (ASX)

TMK Energy Limited (ASX: TMK.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish (RSI: 61.37)
Trend Strength:Weak (ADX: 13.73)
Volatility:High (ATR: 0.01)
Support/Resistance:$0.12 – $0.17 (Bollinger Bands)

Technical conditions suggest TMK Energy Limited on the ASX is awaiting a decisive move. Overall, TMK Energy Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 61.37

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 77.38

Bullish
Buying momentum building without extremes.

Williams %R: -14.29

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 10.71

Strongly Bullish
Strong upside momentum.

Takeaway:TMK Energy Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 13.73

Weak
Weak trend, market trading sideways.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): 123.19

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:TMK Energy Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.17
Middle Band (SMA 20)
$0.14
Lower Band
$0.12
Current Position
Within Bands

Takeaway:TMK Energy Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$0.16
Middle Line (EMA 20)
$0.14
Lower Channel
$0.12
Squeeze Status
No Squeeze

Takeaway:TMK Energy Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-940.61K
Money Flow Index66.27Bullish, inflows support continued momentum.
Relative Vigor Index39.29Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of TMK Energy Limited (ASX: TMK.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

(ASX: TMK.AX) Technical Analysis FAQ