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Downer EDI Ltd

DOW.AX Technical Analysis Summary (ASX)

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

DOW.AX●ASX
IndustrialsEngineering & Construction
$7.45
$0.010(0.13%)
Australian Market is Open · 10:25

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 (ASX)

Downer EDI Ltd (ASX: DOW.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Bullish to Strongly Bullish (RSI: 27.69)
Trend Strength:Weak (ADX: 19.91)
Volatility:Medium (ATR: 0.16)
Support/Resistance:$7.46 – $8.11 (Bollinger Bands)

Technical conditions suggest Downer EDI Ltd on the ASX is awaiting a decisive move. This mix signals that Downer EDI Ltd is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 27.69

Bullish
Oversold, buying opportunity potential.

Stochastic %K: 7.61

Bullish
Oversold zone signals rebound potential.

Williams %R: -90.00

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): -5.22

Strongly Bearish
Sharp downside momentum.

Takeaway:Downer EDI Ltd shows oversold momentum, with rebound potential building.

Trend & Volatility

MACD: -0.10

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.91

Weak
Weak trend, market trading sideways.

ATR (14): 0.16

Low
Low volatility, stable price action.

CCI (14): -153.02

Bearish
Bearish, oversold conditions may spark rebound.

Takeaway:Downer EDI Ltd shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$8.11
Middle Band (SMA 20)
$7.79
Lower Band
$7.46
Current Position
Below Lower Band

Takeaway:Downer EDI Ltd trades near the lower band, signaling oversold conditions and potential rebound.

Keltner Channels
Upper Channel
$8.06
Middle Line (EMA 20)
$7.74
Lower Channel
$7.42
Squeeze Status
No Squeeze

Takeaway:Downer EDI Ltd trades below the trend line, showing weaker momentum inside the channel.

Volume & Money Flow Analysis
On-Balance Volume4.22M
Money Flow Index15.63Bullish, oversold conditions signal rebound potential.
Relative Vigor Index33.23Bearish, price momentum favors sellers.

Overall Takeaway:DOW.AX shows oversold money flow, with rebound potential building.

Technical Trading Signals Summary
Based on the current technical analysis of Downer EDI Ltd (ASX: DOW.AX), here are the key trading signals and recommendations:

Bullish Signals

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

(ASX: DOW.AX) Technical Analysis FAQ