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S&P/ASX 200

^AXJO•INDEX
$8496.60
$-8.70(-0.10%)
Australian Market opens in 4h 37m

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

Comprehensive technical indicators and trading signals for informed investment decisions

^AXJO Technical Analysis Summary

S&P/ASX 200 index currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 49.72)
Trend Strength:Very Strong (ADX: 81.52)
Volatility:Medium (ATR: 282.24)
Support/Resistance:$8537.12 – $8879.01 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 49.72

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 13.92

Bullish
Oversold zone signals rebound potential.

Williams %R: -73.05

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -0.95

Neutral
Price change is minimal.

Takeaway:S&P/ASX 200 shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: 28.65

Bullish
Bullish, trend momentum is strengthening.

ADX: 81.52

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 282.24

Rising
Rising volatility, market activity increasing.

CCI (14): -118.22

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$8879.01
Middle Band (SMA 20)
$8708.06
Lower Band
$8537.12
Current Position
Below Lower Band

Takeaway:S&P/ASX 200 trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$9216.53
Middle Line (EMA 20)
$8652.04
Lower Channel
$8087.56
Squeeze Status
Squeeze On

Takeaway:S&P/ASX 200 trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-798.80K
Money Flow Index33.98Bearish, selling pressure outweighs inflows.
Relative Vigor Index45.33Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:^AXJO shows bearish money flow, with sellers dominating volume and vigor.

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

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ