Meyka Pro is live. Get 50% off your first 3 months.Get Started →
Meyka Pro banner
SHAPE Australia Corporation Limited

SHA.AX Technical Analysis Summary (ASX)

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

SHA.AX●ASX
IndustrialsEngineering & Construction
$6.78
$0.16(2.42%)
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

SHA.AX Technical Analysis Summary (ASX)

SHAPE Australia Corporation Limited (ASX: SHA.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: 55.89)
Trend Strength:Weak (ADX: 16.45)
Volatility:Medium (ATR: 0.22)
Support/Resistance:$6.29 – $6.94 (Bollinger Bands)

Technical conditions suggest SHAPE Australia Corporation Limited on the ASX is awaiting a decisive move. Overall, SHAPE Australia Corporation Limited remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 55.89

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 56.12

Neutral
Mid-range signal with no clear trend.

Williams %R: -29.11

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 2.73

Bullish
Steady upward momentum.

Takeaway:SHAPE Australia Corporation Limited shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: 0.01

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.45

Weak
Weak trend, market trading sideways.

ATR (14): 0.22

Low
Low volatility, stable price action.

CCI (14): 88.66

Bullish
Bullish, momentum building upward.

Takeaway:SHAPE Australia Corporation Limited shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$6.94
Middle Band (SMA 20)
$6.61
Lower Band
$6.29
Current Position
Within Bands

Takeaway:SHAPE Australia Corporation Limited trades closer to resistance, supported by stronger momentum within bands.

Keltner Channels
Upper Channel
$7.07
Middle Line (EMA 20)
$6.63
Lower Channel
$6.18
Squeeze Status
Squeeze On

Takeaway:SHAPE Australia Corporation Limited trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume479.62K
Money Flow Index47.55Neutral, balanced money flows with no clear signal.
Relative Vigor Index48.38Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:SHA.AX shows neutral money flow, with no clear directional pressure.

Technical Trading Signals Summary
Based on the current technical analysis of SHAPE Australia Corporation Limited (ASX: SHA.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

MACD above 0 → bullish trend confirmation.

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 SHAPE Australia Corporation Limited are mixed, suggesting a Hold or wait-and-see approach.

(ASX: SHA.AX) Technical Analysis FAQ