STI Stock Trade Intelligence
MNE

Macallum New Energy Ltd

Energy · ASX:MNE
$0.1650
0.00%
Market cap
$14M
Turnover
—
Last price
$0.1650
Day change
0.00%
Announcements
10
Range, past year
Open 0.180 · Low 0.105 · Now 0.165 · High 0.210
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MNE momentum and trend analysis

Our analysis
Independent analysis generated by Stock Trade Intelligence as at 2026-10-13.
Momentum quality
39/100
Wyckoff phase
Accumulation6d
Trend stage
Neutral
1 Day
+0.0%
1 Week
-8.3%
1 Month
+13.8%
RSI
45
Avg daily range
4.3%

Macallum New Energy Ltd scores 39 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 6 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.

What stands out
  • Fresh trend age (18 days)
  • Volume 1.7× 60-day avg
Points to watch
  • 60d drawdown -31.6%
  • Risk rating: High
  • Composite downside risk elevated
MNE appears on this screen:
ASX stocks in Wyckoff accumulationASX momentum stocks by trend qualityASX stocks breaking outASX stocks near 52-week highs

MNE announcements

Recent price-sensitive releases.
  • 2026-10-06 EP 494 Prospective Resources Update Progress Report
  • 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
Get the daily briefing The day's price-sensitive announcements, ranked by what actually moved, with our own momentum and cycle read on each.