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Tower Limited

TWR.AX Technical Analysis Summary (ASX)

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

TWR.AX●ASX
Financial ServicesInsurance - Property & Casualty
$1.68
$0.01(0.60%)
Australian Market opens in 60h 5m

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

TWR.AX Technical Analysis Summary (ASX)

Tower Limited (ASX: TWR.AX) stock currently shows a bullish trend on the ASX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 55.84)
Trend Strength:Moderate (ADX: 29.74)
Volatility:Low (ATR: 0.03)
Support/Resistance:$1.58 – $1.71 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 55.84

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 76.19

Bullish
Buying momentum building without extremes.

Williams %R: -28.57

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 4.40

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: 0.02

Bullish
Bullish, trend momentum is strengthening.

ADX: 29.74

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.03

Low
Low volatility, stable price action.

CCI (14): 24.31

Bullish
Bullish, momentum building upward.

Takeaway:Tower Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$1.71
Middle Band (SMA 20)
$1.65
Lower Band
$1.58
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$1.70
Middle Line (EMA 20)
$1.65
Lower Channel
$1.59
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume162.36K
Money Flow Index93.34Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index31.06Bearish, price momentum favors sellers.

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

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Tower Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(ASX: TWR.AX) Technical Analysis FAQ