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S&P/ASX 200 Health Care

^AXHJINDEX
$28000.10
$-165.50(-0.59%)
Australian Market opens in 6h 58m

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

Comprehensive technical indicators and trading signals for informed investment decisions

^AXHJ Technical Analysis Summary

S&P/ASX 200 Health Care index currently shows a bearish trend, weighed down by selling pressure and weak momentum.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 32.97)
Trend Strength:Very Strong (ADX: 52.23)
Volatility:High (ATR: 6172.68)
Support/Resistance:$8790.49 – $44217.32 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 32.97

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 31.23

Bearish
Momentum remains weak below midpoint.

Williams %R: -100.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -100.00

Strongly Bearish
Sharp downside momentum.

Takeaway:S&P/ASX 200 Health Care shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -4580.02

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 52.23

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 6172.68

Rising
Rising volatility, market activity increasing.

CCI (14): -233.19

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:S&P/ASX 200 Health Care shows oversold trend conditions, with potential for rebound if buyers step in.

Support & Resistance indicators
Bollinger Bands
Upper Band
$44217.32
Middle Band (SMA 20)
$26503.90
Lower Band
$8790.49
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$36916.35
Middle Line (EMA 20)
$24570.99
Lower Channel
$12225.62
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume-173.24M
Money Flow Index60.24Bullish, inflows support continued momentum.
Relative Vigor Index30.55Bearish, price momentum favors sellers.

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

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

Bullish Signals

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

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:S&P/ASX 200 Health Care shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ