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Generation Development Group Limited

GDG.AX Technical Analysis Summary (ASX)

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

GDG.AX●ASX
Financial ServicesAsset Management
$2.99
$0.15(4.78%)
Australian Market opens in 49h 37m

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

GDG.AX Technical Analysis Summary (ASX)

Generation Development Group Limited (ASX: GDG.AX) stock currently shows a bullish trend on the ASX, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Neutral to Bullish (RSI: 53.43)
Trend Strength:Strong (ADX: 31.67)
Volatility:High (ATR: 0.15)
Support/Resistance:$2.50 – $3.09 (Bollinger Bands)

Technical conditions suggest Generation Development Group Limited on the ASX is awaiting a decisive move. Overall, Generation Development Group Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 53.43

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 67.17

Bullish
Buying momentum building without extremes.

Williams %R: -32.26

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 10.74

Strongly Bullish
Strong upside momentum.

Takeaway:Generation Development Group Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: -0.08

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 31.67

Strong
Strong trend, momentum well established.

ATR (14): 0.15

Low
Low volatility, stable price action.

CCI (14): 248.23

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Generation Development Group Limited shows weakening trend signals, with bearish pressure building.

Support & Resistance indicators
Bollinger Bands
Upper Band
$3.09
Middle Band (SMA 20)
$2.79
Lower Band
$2.50
Current Position
Within Bands

Takeaway:Generation Development Group Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$3.16
Middle Line (EMA 20)
$2.85
Lower Channel
$2.54
Squeeze Status
Squeeze On

Takeaway:Generation Development Group Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-35.01M
Money Flow Index48.94Neutral, balanced money flows with no clear signal.
Relative Vigor Index34.70Bearish, price momentum favors sellers.

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

Technical Trading Signals Summary
Based on the current technical analysis of Generation Development Group Limited (ASX: GDG.AX), 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 Generation Development Group Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: GDG.AX) Technical Analysis FAQ