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 200

^AXJO•INDEX
$0.00
$-8629.00(-100.00%)
Australian Market opens in 10h 47m

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

Comprehensive technical indicators and trading signals for informed investment decisions

^AXJO Technical Analysis Summary

S&P/ASX 200 index currently trades in a neutral range, with no clear dominance from buyers or sellers.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.96)
Trend Strength:Strong (ADX: 38.16)
Volatility:High (ATR: 1299.78)
Support/Resistance:$4590.84 – $12440.96 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 50.96

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 38.89

Bearish
Momentum remains weak below midpoint.

Williams %R: -6.37

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): -4.53

Bearish
Selling pressure outweighs buying.

Takeaway:S&P/ASX 200 shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -607.53

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 38.16

Strong
Strong trend, momentum well established.

ATR (14): 1299.78

Rising
Rising volatility, market activity increasing.

CCI (14): 10.06

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$12440.96
Middle Band (SMA 20)
$8515.90
Lower Band
$4590.84
Current Position
Unknown
Keltner Channels
Upper Channel
$10714.31
Middle Line (EMA 20)
$8114.75
Lower Channel
$5515.19
Squeeze Status
No Squeeze
Volume & Money Flow Analysis
On-Balance Volume6.64M
Money Flow Index46.81Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.15Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:^AXJO shows neutral money flow, with no clear directional pressure.

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

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

Technical Analysis FAQ