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S&P/ASX 200 Energy

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

Comprehensive technical indicators and trading signals for informed investment decisions

^AXEJ●INDEX
$10027.40
$138.40(1.40%)
Australian Market opens in 13h 41m

^AXEJ Technical Analysis Summary

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

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 59.61)
Trend Strength:Strong (ADX: 32.71)
Volatility:Low (ATR: 189.76)
Support/Resistance:$9221.10 – $10056.58 (Bollinger Bands)

Technical conditions suggest S&P/ASX 200 Energy is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 59.61

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 97.01

Bearish
Overbought levels may trigger pullback.

Williams %R: -5.00

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 5.88

Strongly Bullish
Strong upside momentum.

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

Trend & Volatility

MACD: -92.54

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 32.71

Strong
Strong trend, momentum well established.

ATR (14): 189.76

Rising
Rising volatility, market activity increasing.

CCI (14): 181.52

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:S&P/ASX 200 Energy shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$10056.58
Middle Band (SMA 20)
$9638.84
Lower Band
$9221.10
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$10172.31
Middle Line (EMA 20)
$9792.79
Lower Channel
$9413.26
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-420.19M
Money Flow Index39.70Bearish, selling pressure outweighs inflows.
Relative Vigor Index65.64Bullish, price momentum strongly favors buyers.

Overall Takeaway:^AXEJ shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of S&P/ASX 200 Energy, 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

Price near upper Bollinger Band → potential resistance and pullback risk.

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

Technical Analysis FAQ