Meyka Pro banner
Suncorp Group Limited

SUN.AX Technical Analysis Summary (ASX)

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

SUN.AX●ASX
Financial ServicesInsurance - Property & Casualty
$19.16
$0.40(2.16%)
Australian Market is Open · 12:59

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

SUN.AX Technical Analysis Summary (ASX)

Suncorp Group Limited (ASX: SUN.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: 50.05)
Trend Strength:Weak (ADX: 16.94)
Volatility:Medium (ATR: 0.52)
Support/Resistance:$18.08 – $20.08 (Bollinger Bands)

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

Momentum Indicators

RSI (14): 50.05

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 28.61

Bearish
Momentum remains weak below midpoint.

Williams %R: -63.75

Bearish
Sellers maintain momentum below neutral.

Rate of Change (ROC): -1.86

Bearish
Selling pressure outweighs buying.

Takeaway:Suncorp Group Limited shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: -0.11

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 16.94

Weak
Weak trend, market trading sideways.

ATR (14): 0.52

Low
Low volatility, stable price action.

CCI (14): -7.47

Neutral
Neutral, no strong directional signal.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$20.08
Middle Band (SMA 20)
$19.08
Lower Band
$18.08
Current Position
Within Bands

Takeaway:Suncorp Group Limited trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$19.96
Middle Line (EMA 20)
$18.91
Lower Channel
$17.87
Squeeze Status
Squeeze On

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

Volume & Money Flow Analysis
On-Balance Volume10.52M
Money Flow Index54.20Neutral, balanced money flows with no clear signal.
Relative Vigor Index56.34Neutral to Bullish, buyers hold a slight edge.

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

Technical Trading Signals Summary
Based on the current technical analysis of Suncorp Group Limited (ASX: SUN.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

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

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

(ASX: SUN.AX) Technical Analysis FAQ