Encounter Resources (ENR.AX) Technical Analysis

As of 2026-07-22, ENR.AX last traded at 0.24 AUD (+2.13% on the day) and is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Nearest levels: 0.225 AUD support below, 0.26 AUD resistance above. 14-day RSI is 40 (bearish).

Last updated 2026-07-22 · Source: FMP end-of-day prices (adjusted); indicators computed by SniperIQ

Is ENR.AX in an uptrend or downtrend?

Encounter Resources is in a downtrend — price below falling 50-DMA, 50-DMA below 200-DMA.

Last close0.24 AUD (+2.13%)
20-day average0.25725 AUD
50-day average0.2637 AUD
200-day average0.35043 AUD

Key support and resistance levels for ENR.AX

Derived from swing pivots over the last 200 sessions:

LevelTypeStrengthTouches
0.26 AUDResistanceModerate2
0.29 AUDResistanceMinor1
0.295 AUDResistanceModerate2
LevelTypeStrengthTouches
0.225 AUDSupportMinor1
0.22 AUDSupportMinor1

ENR.AX 52-week range, momentum and volatility

52-week high0.62 AUD (61.3% below)
52-week low0.22 AUD (9.1% above)
14-day RSI40 (Bearish)
14-day ATR0.01214 AUD (5.06% of price, High volatility)

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Frequently asked questions

Is Encounter Resources (ENR.AX) in an uptrend or downtrend?

As of 2026-07-22, ENR.AX is in a downtrend on the daily timeframe — price below falling 50-DMA, 50-DMA below 200-DMA. Last close 0.24 AUD vs 50-day average 0.2637 AUD and 200-day average 0.35043 AUD.

What are the key support and resistance levels for ENR.AX?

Nearest support is around 0.225 AUD (minor, 1 touch). Nearest resistance is around 0.26 AUD (moderate). Levels are derived from swing pivots over the last ~200 sessions.

What is ENR.AX's 52-week high and low?

Over the last 52 weeks, ENR.AX traded between 0.22 AUD and 0.62 AUD. It is currently 61.3% below its 52-week high.

Is ENR.AX overbought or oversold?

The 14-day RSI is 40.0 — in a neutral 30–70 range. Momentum reads as bearish.

How volatile is ENR.AX?

Its 14-day Average True Range is 0.01214 (5.06% of price) — high volatility relative to price.