Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
VanEck - Australian Equal Weight ETF

MVW.AX Technical Analysis Summary (ASX)

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

MVW.AX●ASX
Financial ServicesAsset Management - Global
$39.73
$0.33(0.84%)
Australian Market opens in 12h 22m

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

MVW.AX Technical Analysis Summary (ASX)

VanEck - Australian Equal Weight ETF (ASX: MVW.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: 59.65)
Trend Strength:Moderate (ADX: 26.49)
Volatility:Low (ATR: 0.32)
Support/Resistance:$38.44 – $40.31 (Bollinger Bands)

Technical conditions suggest VanEck - Australian Equal Weight ETF on the ASX is awaiting a decisive move. Technical conditions suggest VanEck - Australian Equal Weight ETF is consolidating, awaiting a decisive move.

Momentum Indicators

RSI (14): 59.65

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 44.80

Neutral
Mid-range signal with no clear trend.

Williams %R: -64.29

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): 0.89

Neutral
Price change is minimal.

Takeaway:VanEck - Australian Equal Weight ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 0.27

Bullish
Bullish, trend momentum is strengthening.

ADX: 26.49

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.32

Low
Low volatility, stable price action.

CCI (14): -44.87

Bearish
Bearish, momentum remains under pressure.

Takeaway:VanEck - Australian Equal Weight ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$40.31
Middle Band (SMA 20)
$39.38
Lower Band
$38.44
Current Position
Within Bands

Takeaway:VanEck - Australian Equal Weight ETF trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$39.92
Middle Line (EMA 20)
$39.28
Lower Channel
$38.64
Squeeze Status
No Squeeze

Takeaway:VanEck - Australian Equal Weight ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-191.00K
Money Flow Index67.62Bullish, inflows support continued momentum.
Relative Vigor Index60.90Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of VanEck - Australian Equal Weight ETF (ASX: MVW.AX), 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.

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

Bearish Signals

MACD below signal line → short-term caution on momentum.

Overall Recommendation:VanEck - Australian Equal Weight ETF stock shows a Strong Buy signal — momentum and trend strength are firmly positive, supported by stable volatility.

(ASX: MVW.AX) Technical Analysis FAQ