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BetaShares - Global Banks Currency Hedged ETF

BNKS.AX Technical Analysis Summary (ASX)

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

BNKS.AX●ASX
Financial ServicesAsset Management - Global
$14.31
$0.11(0.77%)
Australian Market opens in 4h 42m

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

BNKS.AX Technical Analysis Summary (ASX)

BetaShares - Global Banks Currency Hedged ETF (ASX: BNKS.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: 46.48)
Trend Strength:Weak (ADX: 13.43)
Volatility:Low (ATR: 0.15)
Support/Resistance:$14.03 – $14.52 (Bollinger Bands)

Technical conditions suggest BetaShares - Global Banks Currency Hedged ETF on the ASX is awaiting a decisive move. This mix signals that BetaShares - Global Banks Currency Hedged ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 46.48

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 9.56

Bullish
Oversold zone signals rebound potential.

Williams %R: -88.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.56

Neutral
Price change is minimal.

Takeaway:BetaShares - Global Banks Currency Hedged ETF shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.00

Neutral
Neutral, momentum shows no clear direction.

ADX: 13.43

Weak
Weak trend, market trading sideways.

ATR (14): 0.15

Low
Low volatility, stable price action.

CCI (14): -106.01

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:BetaShares - Global Banks Currency Hedged ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$14.52
Middle Band (SMA 20)
$14.27
Lower Band
$14.03
Current Position
Within Bands

Takeaway:BetaShares - Global Banks Currency Hedged ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$14.55
Middle Line (EMA 20)
$14.26
Lower Channel
$13.96
Squeeze Status
Squeeze On

Takeaway:BetaShares - Global Banks Currency Hedged ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume686.84K
Money Flow Index40.03Neutral, balanced money flows with no clear signal.
Relative Vigor Index46.99Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:BNKS.AX shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of BetaShares - Global Banks Currency Hedged ETF (ASX: BNKS.AX), here are the key trading signals and recommendations:

Bullish Signals

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:BetaShares - Global Banks Currency Hedged ETF shows a Neutral outlook — indicators suggest balanced momentum with no clear directional trend.

(ASX: BNKS.AX) Technical Analysis FAQ