Advertisement

Meyka AI - Contribute to AI-powered stock and crypto research platform
Meyka Stock Market API - Real-time financial data and AI insights for developers
Advertise on Meyka - Reach investors and traders across 10 global markets
Loading...

S&P/ASX 50

^AFLI•INDEX
$8410.60
$-6.40(-0.08%)
Australian Market opens in 32h 23m

S&P/ASX 50 (^AFLI) Index: Technical Analysis & Trading Signals Today

Comprehensive technical indicators and trading signals for informed investment decisions

^AFLI Technical Analysis Summary

S&P/ASX 50 index currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 38.42)
Trend Strength:Strong (ADX: 33.84)
Volatility:Low (ATR: 115.68)
Support/Resistance:$8374.78 – $9028.61 (Bollinger Bands)

Overall, S&P/ASX 50 remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 38.42

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 33.57

Bearish
Momentum remains weak below midpoint.

Williams %R: -74.58

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -4.72

Bearish
Selling pressure outweighs buying.

Takeaway:S&P/ASX 50 shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -32.93

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 33.84

Strong
Strong trend, momentum well established.

ATR (14): 115.68

Rising
Rising volatility, market activity increasing.

CCI (14): -109.11

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:S&P/ASX 50 shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$9028.61
Middle Band (SMA 20)
$8701.70
Lower Band
$8374.78
Current Position
Within Bands

Takeaway:S&P/ASX 50 trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$8851.32
Middle Line (EMA 20)
$8619.96
Lower Channel
$8388.60
Squeeze Status
No Squeeze

Takeaway:S&P/ASX 50 trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume2.05M
Money Flow Index52.34Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.66Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of S&P/ASX 50, here are the key trading signals and recommendations:

Bullish Signals

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.

Overall Recommendation:S&P/ASX 50 shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ