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True North Copper Limited

TNC.AX Technical Analysis Summary (ASX)

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

TNC.AX●ASX
Basic MaterialsCopper
$0.38
$0.05(12.79%)
Australian Market opens in 13h 19m

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

TNC.AX Technical Analysis Summary (ASX)

True North Copper Limited (ASX: TNC.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 47.91)
Trend Strength:Weak (ADX: 15.22)
Volatility:High (ATR: 0.03)
Support/Resistance:$0.35 – $0.46 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 47.91

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 60.00

Bullish
Buying momentum building without extremes.

Williams %R: -60.00

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 2.56

Bullish
Steady upward momentum.

Takeaway:True North Copper Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 15.22

Weak
Weak trend, market trading sideways.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): -49.08

Bearish
Bearish, momentum remains under pressure.

Takeaway:True North Copper Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.46
Middle Band (SMA 20)
$0.40
Lower Band
$0.35
Current Position
Within Bands

Takeaway:True North Copper Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.48
Middle Line (EMA 20)
$0.41
Lower Channel
$0.34
Squeeze Status
Squeeze On

Takeaway:True North Copper Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume320.07K
Money Flow Index40.18Neutral, balanced money flows with no clear signal.
Relative Vigor Index30.03Bearish, price momentum favors sellers.

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

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:True North Copper Limited shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: TNC.AX) Technical Analysis FAQ