Advertisement

Ads Placeholder
Loading...

S&P/ASX 200 Info Tech

^AXIJ•INDEX
$1547.60
$-9.20(-0.59%)
Australian Market opens in 15h 29m

S&P/ASX 200 Info Tech (^AXIJ) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^AXIJ Technical Analysis Summary

S&P/ASX 200 Info Tech index currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.61)
Trend Strength:Very Strong (ADX: 73.17)
Volatility:High (ATR: 413.05)
Support/Resistance:$213.62 – $2588.87 (Bollinger Bands)

This mix signals that S&P/ASX 200 Info Tech is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 50.61

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 91.53

Bearish
Overbought levels may trigger pullback.

Williams %R: -9.70

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -9.60

Strongly Bearish
Sharp downside momentum.

Takeaway:S&P/ASX 200 Info Tech shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -57.32

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 73.17

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 413.05

Rising
Rising volatility, market activity increasing.

CCI (14): 28.58

Bullish
Bullish, momentum building upward.

Takeaway:S&P/ASX 200 Info Tech shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$2588.87
Middle Band (SMA 20)
$1401.25
Lower Band
$213.62
Current Position
Within Bands

Takeaway:S&P/ASX 200 Info Tech trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$2272.70
Middle Line (EMA 20)
$1446.60
Lower Channel
$620.51
Squeeze Status
No Squeeze

Takeaway:S&P/ASX 200 Info Tech trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-98.40M
Money Flow Index45.41Neutral, balanced money flows with no clear signal.
Relative Vigor Index42.47Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:^AXIJ shows balanced money flow with a slight bearish tilt.

Technical Trading Signals Summary
Based on the current technical analysis of S&P/ASX 200 Info Tech, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for S&P/ASX 200 Info Tech are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ