MNE
Macallum New Energy Ltd
$0.1700
▼ -5.56%
Market cap
$14M
Turnover
$2,125
Last price
$0.1700
Day change
-5.56%
Announcements
9
Range, past year
Open 0.180 · Low 0.105 · Now 0.170 · High 0.210
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MNE momentum and trend analysis
Our analysis
Independent analysis generated by Stock Trade Intelligence
as at 2026-09-28.
Momentum quality
38/100
Wyckoff phase
Accumulation2d
Trend stage
Emerging
1 Day
-5.6%
1 Week
-8.1%
1 Month
+9.7%
RSI
55
Avg daily range
5.6%
Macallum New Energy Ltd scores 38 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 Emerging.
On the Wyckoff cycle it sits in Accumulation, where it has been for 2 trading days. The weekly timeframe reads Uptrend, which does not yet agree with the daily view.
Against the wider market it is currently outperforming and the institutional accumulation signal reads low.
Points to watch
- 60d drawdown -33.3%
- Thin liquidity
- Risk rating: High
- Composite downside risk elevated
MNE announcements
Recent price-sensitive releases.
- 2026-08-03 Maiden Prospective Resource Estimate - Aberfeldy Prospect Progress Report
- 2026-07-22 Quarterly Activities / Appendix 5B Cash Flow Report
- 2026-06-09 Successful Completion of Condor 2D Seismic Survey
- 2026-06-05 EP-494 Prospectivity Update and Presentation
- 2026-05-19 Commencement of Condor 2D Seismic Survey
- 2026-05-06 Successful Completion of Barberton 3D Seismic Survey
- 2026-04-24 Quarterly Activities / Appendix 5B Cash Flow Report
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