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WA1 Resources Ltd

WA1.AX Technical Analysis Summary (ASX)

Analyze WA1.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

WA1.AX●ASX
Basic MaterialsOther Precious Metals
$12.16
$0.16(1.33%)
Australian Market opens in NaNh NaNm

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

WA1.AX Technical Analysis Summary (ASX)

WA1 Resources Ltd (ASX: WA1.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: 49.23)
Trend Strength:Weak (ADX: 17.26)
Volatility:High (ATR: 0.62)
Support/Resistance:$10.52 – $13.72 (Bollinger Bands)

Technical conditions suggest WA1 Resources Ltd on the ASX is awaiting a decisive move. This mix signals that WA1 Resources Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 49.23

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 24.43

Bearish
Momentum remains weak below midpoint.

Williams %R: -74.12

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.58

Neutral
Price change is minimal.

Takeaway:WA1 Resources Ltd shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 0.09

Bullish
Bullish, trend momentum is strengthening.

ADX: 17.26

Weak
Weak trend, market trading sideways.

ATR (14): 0.62

Low
Low volatility, stable price action.

CCI (14): -96.28

Bearish
Bearish, momentum remains under pressure.

Takeaway:WA1 Resources Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$13.72
Middle Band (SMA 20)
$12.12
Lower Band
$10.52
Current Position
Within Bands

Takeaway:WA1 Resources Ltd trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$13.43
Middle Line (EMA 20)
$12.18
Lower Channel
$10.93
Squeeze Status
No Squeeze

Takeaway:WA1 Resources Ltd trades around the middle line, reflecting balanced price action.

Volume & Money Flow Analysis
On-Balance Volume-1.32M
Money Flow Index67.49Bullish, inflows support continued momentum.
Relative Vigor Index47.15Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:WA1.AX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of WA1 Resources Ltd (ASX: WA1.AX), here are the key trading signals and recommendations:

Bullish Signals

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

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:WA1 Resources Ltd shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: WA1.AX) Technical Analysis FAQ