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S&P/ASX 200 Materials

^AXMJ•INDEX
$23888.80
$427.40(1.82%)
Australian Market opens in 0h 35m

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

Comprehensive technical indicators and trading signals for informed investment decisions

^AXMJ Technical Analysis Summary

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

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 52.93)
Trend Strength:Very Strong (ADX: 74.67)
Volatility:High (ATR: 3637.89)
Support/Resistance:$6505.77 – $33508.52 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 52.93

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 98.63

Bearish
Overbought levels may trigger pullback.

Williams %R: -0.41

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 19.28

Strongly Bullish
Strong upside momentum.

Takeaway:S&P/ASX 200 Materials shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 845.26

Bullish
Bullish, trend momentum is strengthening.

ADX: 74.67

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 3637.89

Rising
Rising volatility, market activity increasing.

CCI (14): 75.22

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$33508.52
Middle Band (SMA 20)
$20007.14
Lower Band
$6505.77
Current Position
Within Bands

Takeaway:S&P/ASX 200 Materials trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$28691.63
Middle Line (EMA 20)
$21415.85
Lower Channel
$14140.07
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume1.71B
Money Flow Index76.06Bullish, inflows support continued momentum.
Relative Vigor Index51.75Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:^AXMJ shows bullish money flow, with volume and vigor supporting buyers.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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

No significant bearish signals detected.

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

Technical Analysis FAQ