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Macquarie Group Limited

MQG.AX Technical Analysis Summary (ASX)

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

MQG.AX●ASX
Financial ServicesInvestment - Banking & Investment Services
$248.77
$0.75(0.30%)
Australian Market opens in 4h 55m

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

MQG.AX Technical Analysis Summary (ASX)

Macquarie Group Limited (ASX: MQG.AX) stock currently shows a neutral trend on the ASX, supported by momentum and balanced buying pressure.

Overall Sentiment:Neutral
Momentum:Neutral to Bullish (RSI: 57.78)
Trend Strength:Weak (ADX: 19.42)
Volatility:Low (ATR: 4.10)
Support/Resistance:$237.05 – $251.01 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 57.78

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 87.58

Bearish
Overbought levels may trigger pullback.

Williams %R: -12.97

Bearish
Overbought levels may trigger correction.

Rate of Change (ROC): 4.25

Bullish
Steady upward momentum.

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

Trend & Volatility

MACD: -0.58

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 19.42

Weak
Weak trend, market trading sideways.

ATR (14): 4.10

Medium
Medium volatility, healthy price movement.

CCI (14): 165.28

Bearish Risk
Bearish risk, overbought levels suggest caution.

Takeaway:Macquarie Group Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$251.01
Middle Band (SMA 20)
$244.03
Lower Band
$237.05
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$254.06
Middle Line (EMA 20)
$245.85
Lower Channel
$237.65
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume-6.35M
Money Flow Index52.24Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.63Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Macquarie Group Limited (ASX: MQG.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

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

Bearish Signals

No significant bearish signals detected.

Overall Recommendation:Technical indicators for Macquarie Group Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: MQG.AX) Technical Analysis FAQ