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McMillan Shakespeare Limited

MMS.AX•ASX
Industrials
Staffing & Employment Services
$18.56
$0.25(1.37%)
Australian Market opens in 55h 53m

McMillan Shakespeare Limited (MMS.AX) Stock Technical Analysis & Trading Signals

Live technical indicators, trading signals, and momentum insights for McMillan Shakespeare Limited (ASX:MMS.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

MMS.AX Technical Analysis Summary

McMillan Shakespeare Limited stock currently shows a bullish trend, supported by momentum and strong buying pressure.

Overall Sentiment:Buy
Momentum:Bullish (RSI: 69.47)
Trend Strength:Strong (ADX: 33.86)
Volatility:Medium (ATR: 0.48)
Support/Resistance:$14.95 – $19.23 (Bollinger Bands)

Overall, McMillan Shakespeare Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 69.47

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 88.31

Bearish
Overbought levels may trigger pullback.

Williams %R: -5.42

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 16.43

Strongly Bullish
Strong upside momentum.

Takeaway:McMillan Shakespeare Limited shows strong bullish momentum, with buyers firmly in control.

Trend & Volatility

MACD: 0.69

Bullish
Bullish, trend momentum is strengthening.

ADX: 33.86

Strong
Strong trend, momentum well established.

ATR (14): 0.48

Low
Low volatility, stable price action.

CCI (14): 95.87

Bullish
Bullish, momentum building upward.

Takeaway:McMillan Shakespeare Limited shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$19.23
Middle Band (SMA 20)
$17.09
Lower Band
$14.95
Current Position
Within Bands

Takeaway:McMillan Shakespeare Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$18.22
Middle Line (EMA 20)
$17.25
Lower Channel
$16.29
Squeeze Status
No Squeeze

Takeaway:McMillan Shakespeare Limited trades near the upper channel, signaling resistance and risk of pullback.

Volume & Money Flow Analysis
On-Balance Volume49.99K
Money Flow Index82.05Bearish risk, overbought conditions may trigger pullback.
Relative Vigor Index71.96Bullish, price momentum strongly favors buyers.

Overall Takeaway:MMS.AX shows overheated money flow, with risk of pullback from overbought conditions.

Technical Trading Signals Summary
Based on the current technical analysis of McMillan Shakespeare Limited, here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

ADX above 20 → strong underlying trend.

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

Bearish Signals

MFI above 80 → overbought conditions may limit upside.

Overall Recommendation:McMillan Shakespeare Limited stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

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