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Global X - Morningstar Global Technology ETF

TECH.AX Technical Analysis Summary (ASX)

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

TECH.AX●ASX
Financial ServicesAsset Management - Global
$119.75
$0.70(0.59%)
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

TECH.AX Technical Analysis Summary (ASX)

Global X - Morningstar Global Technology ETF (ASX: TECH.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: 52.55)
Trend Strength:Weak (ADX: 16.01)
Volatility:Low (ATR: 2.06)
Support/Resistance:$111.10 – $125.99 (Bollinger Bands)

Technical conditions suggest Global X - Morningstar Global Technology ETF on the ASX is awaiting a decisive move. Overall, Global X - Morningstar Global Technology ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 52.55

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 29.04

Bearish
Momentum remains weak below midpoint.

Williams %R: -97.83

Bullish
Oversold zone suggests rebound potential.

Rate of Change (ROC): 1.96

Bullish
Steady upward momentum.

Takeaway:Global X - Morningstar Global Technology ETF shows neutral momentum, with indicators pointing to indecision.

Trend & Volatility

MACD: 1.45

Bullish
Bullish, trend momentum is strengthening.

ADX: 16.01

Weak
Weak trend, market trading sideways.

ATR (14): 2.06

Medium
Medium volatility, healthy price movement.

CCI (14): -72.09

Bearish
Bearish, momentum remains under pressure.

Takeaway:Global X - Morningstar Global Technology ETF shows a neutral trend, with weak conviction and limited volatility.

Support & Resistance indicators
Bollinger Bands
Upper Band
$125.99
Middle Band (SMA 20)
$118.54
Lower Band
$111.10
Current Position
Within Bands

Takeaway:Global X - Morningstar Global Technology ETF trades around the middle band, reflecting balanced price action.

Keltner Channels
Upper Channel
$122.80
Middle Line (EMA 20)
$118.68
Lower Channel
$114.56
Squeeze Status
No Squeeze

Takeaway:Global X - Morningstar Global Technology ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume21.20K
Money Flow Index71.99Bullish, inflows support continued momentum.
Relative Vigor Index48.74Neutral to Bearish, sellers hold a slight edge.

Overall Takeaway:TECH.AX shows mixed signals in money flow analysis.

Technical Trading Signals Summary
Based on the current technical analysis of Global X - Morningstar Global Technology ETF (ASX: TECH.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

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

RVI below 50 → vigor tilted toward sellers.

Overall Recommendation:Technical indicators for Global X - Morningstar Global Technology ETF are mixed, suggesting a Hold or wait-and-see approach.

(ASX: TECH.AX) Technical Analysis FAQ