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Downer EDI Ltd

DOW.AX•ASX
Industrials
Engineering & Construction
$7.77
$-0.03(-0.38%)
Australian Market opens in 41h 4m

Downer EDI Ltd (DOW.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for Downer EDI Ltd (ASX:DOW.AX).

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

DOW.AX Technical Analysis Summary

Downer EDI Ltd stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 50.31)
Trend Strength:Moderate (ADX: 20.21)
Volatility:Medium (ATR: 0.20)
Support/Resistance:$7.37 – $7.89 (Bollinger Bands)

Technical conditions suggest Downer EDI Ltd is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 50.31

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 66.12

Bullish
Buying momentum building without extremes.

Williams %R: -29.51

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 3.46

Bullish
Steady upward momentum.

Takeaway:Downer EDI Ltd shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.04

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 20.21

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.20

Low
Low volatility, stable price action.

CCI (14): 94.78

Bullish
Bullish, momentum building upward.

Takeaway:Downer EDI Ltd shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.89
Middle Band (SMA 20)
$7.63
Lower Band
$7.37
Current Position
Within Bands

Takeaway:Downer EDI Ltd trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$8.13
Middle Line (EMA 20)
$7.74
Lower Channel
$7.35
Squeeze Status
Squeeze On

Takeaway:Downer EDI Ltd trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume682.35K
Money Flow Index56.43Neutral, balanced money flows with no clear signal.
Relative Vigor Index38.93Bearish, price momentum favors sellers.

Overall Takeaway:DOW.AX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Downer EDI Ltd, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

ADX above 20 → strong underlying trend.

Price trading above middle Bollinger Band → mid-term support intact.

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

Bearish Signals

RVI below 50 → vigor tilted toward sellers.

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

Technical Analysis FAQ