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Australian Foundation Investment Company Limited

AFI.AX Technical Analysis Summary (ASX)

Analyze AFI.AX on the ASX with RSI, MACD, ADX, Bollinger Bands, support, resistance, momentum, and the latest technical trading signals.

AFI.AX●ASX
Financial ServicesAsset Management
$6.70
$0.00(0.00%)
Australian Market opens in 49h 37m

Disclaimer for Technical Analysis Page

The technical indicators and trading signals shown on this page are for informational purposes only and do not constitute financial advice. Stock market investments involve risk, and past performance is not a guarantee of future results. Always conduct your own research or consult a licensed financial advisor before making investment decisions.Read our Full Disclaimer

AFI.AX Technical Analysis Summary (ASX)

Australian Foundation Investment Company Limited (ASX: AFI.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bearish (RSI: 44.87)
Trend Strength:Moderate (ADX: 21.37)
Volatility:Low (ATR: 0.09)
Support/Resistance:$6.50 – $6.96 (Bollinger Bands)

Technical conditions suggest Australian Foundation Investment Company Limited on the ASX is awaiting a decisive move. Overall, Australian Foundation Investment Company Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 44.87

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 56.92

Neutral
Mid-range signal with no clear trend.

Williams %R: -57.14

Neutral
Balanced market without strong signals.

Rate of Change (ROC): 2.13

Bullish
Steady upward momentum.

Takeaway:Australian Foundation Investment Company Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 21.37

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.09

Low
Low volatility, stable price action.

CCI (14): -45.42

Bearish
Bearish, momentum remains under pressure.

Takeaway:Australian Foundation Investment Company Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.96
Middle Band (SMA 20)
$6.73
Lower Band
$6.50
Current Position
Within Bands

Takeaway:Australian Foundation Investment Company Limited trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$6.95
Middle Line (EMA 20)
$6.77
Lower Channel
$6.59
Squeeze Status
No Squeeze

Takeaway:Australian Foundation Investment Company Limited trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume322.98K
Money Flow Index63.48Bullish, inflows support continued momentum.
Relative Vigor Index50.29Neutral to Bullish, buyers hold a slight edge.

Overall Takeaway:AFI.AX shows bullish money flow, with volume and vigor supporting buyers.

Technical Trading Signals Summary
Based on the current technical analysis of Australian Foundation Investment Company Limited (ASX: AFI.AX), here are the key trading signals and recommendations:

Bullish Signals

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

MFI below 80 → room for more buying without overbought risk.

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Australian Foundation Investment Company Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: AFI.AX) Technical Analysis FAQ