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Commonwealth Bank of Australia

CBA.AX Technical Analysis Summary (ASX)

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

CBA.AX●ASX
Financial ServicesBanks - Diversified
$149.29
$1.08(0.72%)
Australian Market opens in 64h 56m

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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

CBA.AX Technical Analysis Summary (ASX)

Commonwealth Bank of Australia (ASX: CBA.AX) stock currently shows a bearish trend on the ASX, supported by momentum and weak buying pressure.

Overall Sentiment:Sell
Momentum:Bearish to Weak (RSI: 34.53)
Trend Strength:Strong (ADX: 34.20)
Volatility:Low (ATR: 2.53)
Support/Resistance:$148.44 – $154.85 (Bollinger Bands)

Technical conditions suggest Commonwealth Bank of Australia on the ASX is awaiting a decisive move. This mix signals that Commonwealth Bank of Australia is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 34.53

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 41.04

Neutral
Mid-range signal with no clear trend.

Williams %R: -89.53

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -2.83

Bearish
Selling pressure outweighs buying.

Takeaway:Commonwealth Bank of Australia shows weakening momentum, with sellers gaining the edge.

Trend & Volatility

MACD: -2.42

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 34.20

Strong
Strong trend, momentum well established.

ATR (14): 2.53

Medium
Medium volatility, healthy price movement.

CCI (14): -138.43

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Commonwealth Bank of Australia shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$154.85
Middle Band (SMA 20)
$151.64
Lower Band
$148.44
Current Position
Within Bands

Takeaway:Commonwealth Bank of Australia trades closer to support, showing weaker momentum within bands.

Keltner Channels
Upper Channel
$157.35
Middle Line (EMA 20)
$152.30
Lower Channel
$147.25
Squeeze Status
Squeeze On

Takeaway:Commonwealth Bank of Australia trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume-25.48M
Money Flow Index38.52Bearish, selling pressure outweighs inflows.
Relative Vigor Index39.64Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Commonwealth Bank of Australia (ASX: CBA.AX), here are the key trading signals and recommendations:

Bullish Signals

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:Commonwealth Bank of Australia shows a Bearish signal — selling pressure is building, with trend indicators favoring downside.

(ASX: CBA.AX) Technical Analysis FAQ