Melbana Energy Limited (AU:MAY)
ASX:MAY
Holding AU:MAY?
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Melbana Energy Limited (MAY) Technical Analysis

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Summary of all the Indicators

Overall Consensus
Buy
11Bullish
6Neutral
5Bearish
Technical Analysis Consensus
Buy
3Bullish
6Neutral
1Bearish
Moving Average Consensus
Buy
8Bullish
0Neutral
4Bearish
Melbana Energy Limited’s (MAY) Moving Averages Convergence Divergence (MACD) indicator is <0.01, suggesting Melbana Energy Limited is a Sell.
Melbana Energy Limited’s (MAY) 20-Day exponential moving average is 0.02, while Melbana Energy Limited’s (MAY) share price is <AU$0.1, making it a Buy.
Melbana Energy Limited’s (MAY) 50-Day exponential moving average is 0.03, while Melbana Energy Limited’s (MAY) share price is <AU$0.1, making it a Buy.

Melbana Energy Limited (MAY) Pivot Points

Sep 20, 2024, 04:43 AM
Name
S3
S2
S1
Pivot Points
R1
R2
R3
Classic
0.03
0.03
0.03
0.03
0.03
0.03
0.03
Fibonacci
0.03
0.03
0.03
0.03
0.03
0.03
0.03
Pivot points are a technical analysis tool used by traders to identify potential support and resistance levels in financial markets. Pivot points are calculated based on the previous day's high, low, and close prices, and are used to help traders identify levels at which the price may reverse or continue to trend.

Melbana Energy Limited (MAY) Moving Averages

Sep 20, 2024, 04:43 AM
Period
Simple
Exponential
MA5
0.03Buy
0.03Buy
MA10
0.02Buy
0.03Buy
MA20
0.02Buy
0.02Buy
MA50
0.02Buy
0.03Buy
MA100
0.04Sell
0.03Sell
MA200
0.05Sell
0.05Sell
Melbana Energy Limited’s (MAY) 10-Day exponential moving average is 0.03, while Melbana Energy Limited’s (MAY) share price is <AU$0.1, making it a Buy.
Melbana Energy Limited’s (MAY) 100-Day exponential moving average is 0.03, while Melbana Energy Limited’s (MAY) share price is <AU$0.1, making it a Sell.
Melbana Energy Limited’s (MAY) stock price is <AU$0.1 and Melbana Energy Limited’s (MAY) 50-day simple moving average is 0.02, creating a Buy signal.
Melbana Energy Limited’s (MAY) stock price is <AU$0.1 and Melbana Energy Limited’s (MAY) 100-day simple moving average is 0.04, creating a Sell signal.
Melbana Energy Limited’s (MAY) stock price is <AU$0.1 and Melbana Energy Limited’s (MAY) 200-day simple moving average is 0.05, creating a Sell signal.

Melbana Energy Limited (MAY) Technical Indicators

Sep 20, 2024, 04:43 AM
Name
Value
Implied Action
RSI (14)
59.43
Neutral
STOCH (9,6)
56.25
Neutral
STOCHRSI (14)
56.25
Neutral
MACD (12,26)
<0.01
Sell
ADX (14)
24.89
Neutral
Williams %R
-37.50
Buy
CCI (14)
88.83
Neutral
ATR (14)
<0.01
-
Ultimate Oscillator
50.06
Neutral
ROC
27.27
Buy
Melbana Energy Limited’s (MAY) Relative Strength Index (RSI) is 59.43, creating a Neutral signal.
Melbana Energy Limited’s (MAY) Trend Strength Indicator (ADX) is 24.89, creating a Neutral signal.
Melbana Energy Limited’s (MAY) Commodity Channel Index (CCI) is 88.83, creating a Neutral signal.
Melbana Energy Limited’s (MAY) Price Rate of Change (ROC) is 27.27, creating a Buy signal.

FAQ

Is MAY a Buy, Hold, or Sell?
Based on MAY’s technical indicators, MAY is a Buy.
    What is MAY’s RSI (14)?
    MAY’s RSI (14) is 59.43, which suggests MAY is a Neutral.
      What is MAY’s MACD?
      MAY’s MACD is <0.01, which suggests MAY is a Sell.
        What is MAY’s 5-day moving average?
        MAY’s 5-day moving average is 0.03, which suggests MAY is a Buy.
          What is MAY’s 20-day moving average?
          MAY 20-day moving average is 0.02, which suggests MAY is a Buy.
            What is MAY’s 50-day moving average?
            MAY’s 50-day moving average is 0.02, which suggests MAY is a Buy.
              What is MAY’s 200-day moving average?
              MAY’s 200-day moving average is 0.05, which suggests MAY is a Sell.
                What is MAY’s Williams % R (14)?
                MAY’s Williams % R (14) is -37.50, which suggests MAY is a Buy.
                  What is MAY’s CCI (14)?
                  MAY’s CCI (14) is 88.83, which suggests MAY is a Neutral.
                    What is the share price of Melbana Energy Limited?
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