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Commonwealth Bank of Australia

CBAPK.AX Technical Analysis Summary (ASX)

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

CBAPK.AX●ASX
Financial ServicesBanks - Diversified
$103.91
$0.70(0.67%)
Australian Market opens in 38h 49m

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

CBAPK.AX Technical Analysis Summary (ASX)

Commonwealth Bank of Australia (ASX: CBAPK.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: 44.68)
Trend Strength:Very Strong (ADX: 46.57)
Volatility:Low (ATR: 0.54)
Support/Resistance:$103.89 – $104.47 (Bollinger Bands)

Technical conditions suggest Commonwealth Bank of Australia on the ASX is awaiting a decisive move. Technical conditions suggest Commonwealth Bank of Australia is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 44.68

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 24.29

Bearish
Momentum remains weak below midpoint.

Williams %R: -94.23

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -0.11

Neutral
Price change is minimal.

Takeaway:Commonwealth Bank of Australia shows strong bearish momentum, signaling downside pressure.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 46.57

Very Strong
Very strong trend, powerful directional momentum.

ATR (14): 0.54

Low
Low volatility, stable price action.

CCI (14): -72.49

Bearish
Bearish, momentum remains under pressure.

Takeaway:Commonwealth Bank of Australia shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$104.47
Middle Band (SMA 20)
$104.18
Lower Band
$103.89
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$105.25
Middle Line (EMA 20)
$104.17
Lower Channel
$103.09
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 Volume95.24K
Money Flow Index61.74Bullish, inflows support continued momentum.
Relative Vigor Index51.87Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Commonwealth Bank of Australia (ASX: CBAPK.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

MACD below signal line → short-term caution on momentum.

Overall Recommendation:Technical indicators for Commonwealth Bank of Australia are mixed, suggesting a Hold or wait-and-see approach.

(ASX: CBAPK.AX) Technical Analysis FAQ