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S&P/ASX 200 Health Care

^AXHJ•INDEX
$27887.10
$-2.50(-0.01%)
Australian Market opens in 15h 15m

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 bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 51.16)
Trend Strength:Very Strong (ADX: 84.83)
Volatility:High (ATR: 4749.55)
Support/Resistance:$8355.45 – $41810.90 (Bollinger Bands)

Overall, S&P/ASX 200 Health Care remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 51.16

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 97.32

Bearish
Overbought levels may trigger pullback.

Williams %R: -3.22

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 0.68

Neutral
Price change is minimal.

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

Trend & Volatility

MACD: 305.55

Bullish
Bullish, trend momentum is strengthening.

ADX: 84.83

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 4749.55

Rising
Rising volatility, market activity increasing.

CCI (14): 32.12

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$41810.90
Middle Band (SMA 20)
$25083.17
Lower Band
$8355.45
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$35696.80
Middle Line (EMA 20)
$26197.70
Lower Channel
$16698.60
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 Volume85.44M
Money Flow Index73.47Bullish, inflows support continued momentum.
Relative Vigor Index51.68Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:^AXHJ 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 Health Care, 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 Health Care are mixed, suggesting a Hold or wait-and-see approach.

Technical Analysis FAQ