STI Stock Trade Intelligence
BHL

Black Horse Mining Ltd

Materials · ASX:BHL
$0.1700
▼ -10.53%
Market cap
$7M
Turnover
$351
Last price
$0.1700
Day change
-10.53%
Announcements
3
Range, past year
Open 0.325 · Low 0.160 · Now 0.170 · High 0.675
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BHL momentum and trend analysis

Our analysis
Independent analysis generated by Stock Trade Intelligence as at 2026-09-28.
Momentum quality
26/100
Wyckoff phase
Accumulation53d
Trend stage
Neutral
1 Day
-10.5%
1 Week
-12.8%
1 Month
-15.0%
RSI
32
Avg daily range
7.5%

Black Horse Mining Ltd scores 26 out of 100 for momentum quality, a reading rated very low confidence. The score weighs trend structure, price consistency, volume backing and how long the move has held, so a high reading means a sustained trend rather than a single large day. Its trend is currently classified as Neutral.

On the Wyckoff cycle it sits in Accumulation, where it has been for 53 trading days. The weekly timeframe reads Downtrend, which does not yet agree with the daily view.

Against the wider market it is currently underperforming and the institutional accumulation signal reads low.

Points to watch
  • 60d drawdown -30.6%
  • High volatility (ATR 7.5%)
  • Thin liquidity
  • Risk rating: Very High
  • Composite downside risk elevated
BHL appears on this screen:
ASX stocks in Wyckoff accumulationASX momentum stocks by trend qualityASX stocks breaking outASX stocks near 52-week highs

BHL announcements

Recent price-sensitive releases.
  • 2026-09-01 New High-Grade Gold Zone Confirmed at Mt Egerton Progress Report
  • 2026-07-29 Quarterly Activities/Appendix 5B Cash Flow Report Fourth Quarter Activities Report | Fourth Quarter Cash Flow Report
  • 2026-04-23 Quarterly Activities/Appendix 5B Cash Flow Report
Get the daily briefing The day's price-sensitive announcements, ranked by what actually moved, with our own momentum and cycle read on each.