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BetMakers Technology Group Ltd

BET.AX Technical Analysis Summary (ASX)

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

BET.AXASX
TechnologySoftware - Application
$0.20
$0.00(0.00%)
Australian Market opens in 2h 43m

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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

BET.AX Technical Analysis Summary (ASX)

BetMakers Technology Group Ltd (ASX: BET.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 50.66)
Trend Strength:Moderate (ADX: 23.74)
Volatility:Medium (ATR: 0.01)
Support/Resistance:$0.20 – $0.21 (Bollinger Bands)

Technical conditions suggest BetMakers Technology Group Ltd on the ASX is awaiting a decisive move. This mix signals that BetMakers Technology Group Ltd is trading with strong momentum and healthy trend support.

Momentum Indicators

RSI (14): 50.66

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 33.33

Bearish
Momentum remains weak below midpoint.

Williams %R: -66.67

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -2.38

Bearish
Selling pressure outweighs buying.

Takeaway:BetMakers Technology Group Ltd shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 23.74

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.01

Low
Low volatility, stable price action.

CCI (14): -70.71

Bearish
Bearish, momentum remains under pressure.

Takeaway:BetMakers Technology Group Ltd shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$0.21
Middle Band (SMA 20)
$0.21
Lower Band
$0.20
Current Position
Within Bands

Takeaway:BetMakers Technology Group Ltd trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$0.22
Middle Line (EMA 20)
$0.21
Lower Channel
$0.19
Squeeze Status
Squeeze On

Takeaway:BetMakers Technology Group Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume72.07M
Money Flow Index29.06Bearish, selling pressure outweighs inflows.
Relative Vigor Index15.61Bearish, price momentum favors sellers.

Overall Takeaway:BET.AX shows bearish money flow, with sellers dominating volume and vigor.

Technical Trading Signals Summary
Based on the current technical analysis of BetMakers Technology Group Ltd (ASX: BET.AX), 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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for BetMakers Technology Group Ltd are mixed, suggesting a Hold or wait-and-see approach.

(ASX: BET.AX) Technical Analysis FAQ