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S&P/ASX 200 Materials

^AXMJINDEX
$21812.00
$-274.80(-1.24%)
Australian Market opens in 7h 24m

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

Comprehensive technical indicators and trading signals for informed investment decisions

^AXMJ Technical Analysis Summary

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

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 33.70)
Trend Strength:Very Strong (ADX: 42.06)
Volatility:High (ATR: 5002.57)
Support/Resistance:$7030.84 – $35954.68 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 33.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 28.50

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 Materials shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: -3114.18

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 42.06

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 5002.57

Rising
Rising volatility, market activity increasing.

CCI (14): -234.61

Bearish
Bearish, oversold conditions may spark rebound.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$35954.68
Middle Band (SMA 20)
$21492.76
Lower Band
$7030.84
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$29429.09
Middle Line (EMA 20)
$19423.94
Lower Channel
$9418.79
Squeeze Status
No Squeeze

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

Volume & Money Flow Analysis
On-Balance Volume391.56M
Money Flow Index52.79Neutral, balanced money flows with no clear signal.
Relative Vigor Index30.60Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of S&P/ASX 200 Materials, 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 Materials shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

Technical Analysis FAQ