Horseshoe Metals Stock Forecast

Sell candidate since Nov 13, 2025 Loss -9.09%

No changes to the price of Horseshoe Metals Limited stock on the last trading day (Tuesday, 18th Nov 2025). During the last trading day the stock fluctuated 3.33% from a day low at A$0.0300 to a day high of A$0.0310. The price has fallen in 4 of the last 10 days and is down by -3.23% for this period.

The stock is at the lower part of a very wide and horizontal trend in the short term, and normally this may pose a good buying opportunity, though a breakdown through the bottom trend line at A$0.0292 will give a strong sell signal and a trend shift may be expected. Given the current horizontal trend, you can expect Horseshoe Metals Limited stock with a 90% probability to be traded between A$0.0295 and A$0.0385 at the end of this 3-month period. A break of a horizontal trend is often followed by a large increase in the volume, and stock seldom manage to go directly from the bottom of a trend up to the top. Stock turning up in the middle of a horizontal trend are therefore considered to be potential runners.

HOR.AX Signals & Forecast

There are mixed signals in the stock today. The Horseshoe Metals Limited stock holds sell signals from both short and long-term Moving Averages giving a more negative forecast for the stock. Also, there is a general sell signal from the relation between the two signals where the long-term average is above the short-term average. On corrections up, there will be some resistance from the lines at A$0.0321 and A$0.0336. A break-up above any of these levels will issue buy signals. Volume fell on the last day without any changes to the price. This does not cause any direct divergence but may be an early warning and a possible "turning point". The very low volume increases the risk and reduces the other technical signals issued. A buy signal was issued from a pivot bottom point on Monday, November 17, 2025, and so far it has fallen 0%. Further rise is indicated until a new top pivot has been found. Furthermore, there is a buy signal from the 3 month Moving Average Convergence Divergence (MACD).

Support, Risk & Stop-loss for Horseshoe Metals Limited stock

Horseshoe Metals Limited finds support from accumulated volume at A$0.0290 and this level may hold a buying opportunity as an upwards reaction can be expected when the support is being tested.

This stock has average movements during the day, but be aware of low or falling volume as this increases the risk. During the last day, the stock moved A$0.0010 between high and low, or 3.33%. For the last week the stock has had daily average volatility of 4.41%.

Our recommended stop-loss: We hold a negative evaluation for this stock. No stop-loss is set.

Trading Expectations (HOR.AX) For The Upcoming Trading Day Of Wednesday 19th

For the upcoming trading day on Wednesday, 19th we expect Horseshoe Metals Limited to open at A$0.0303, and during the day (based on 14 day Average True Range), to move between A$0.0291 and A$0.0309, which gives a possible trading interval of +/-A$0.0019 (+/-6.44%) up or down from last closing price. If Horseshoe Metals Limited takes out the full calculated possible swing range there will be an estimated 6.44% move between the lowest and the highest trading price during the day.

Since the stock is closer to the support from accumulated volume at A$0.0290 (3.33%) than the resistance at A$0.0330 (10.00%), our systems sees the trading risk/reward intra-day as attractive and believe profit can be made before the stock reaches first resistance..

Is Horseshoe Metals Limited stock A Buy?

Horseshoe Metals Limited holds several negative signals and we believe that it will still perform weakly in the next couple of days or weeks. We, therefore, hold a negative evaluation of this stock.

Current score: -1.211 Sell Candidate Unchanged

Predicted Fair Opening Price

Predicted fair opening price on November 19, 2025 - A$0.0303 ( 1.11%).

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