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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
$118.82
$0.78(0.66%)
Australian Market opens in 4h 43m

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 Bearish (RSI: 48.70)
Trend Strength:Weak (ADX: 14.15)
Volatility:Low (ATR: 1.96)
Support/Resistance:$113.26 – $122.56 (Bollinger Bands)

Technical conditions suggest Global X - Morningstar Global Technology ETF on the ASX is awaiting a decisive move. This mix signals that Global X - Morningstar Global Technology ETF is trading in a balanced range with no clear breakout yet.

Momentum Indicators

RSI (14): 48.70

Bearish
Below midpoint indicates downward pressure.

Stochastic %K: 52.15

Neutral
Mid-range signal with no clear trend.

Williams %R: -36.32

Bullish
Buying pressure building steadily.

Rate of Change (ROC): -4.09

Bearish
Selling pressure outweighs buying.

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

Trend & Volatility

MACD: -0.45

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 14.15

Weak
Weak trend, market trading sideways.

ATR (14): 1.96

Low
Low volatility, stable price action.

CCI (14): 38.97

Bullish
Bullish, momentum building upward.

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

Support & Resistance indicators
Bollinger Bands
Upper Band
$122.56
Middle Band (SMA 20)
$117.91
Lower Band
$113.26
Current Position
Within Bands

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

Keltner Channels
Upper Channel
$121.29
Middle Line (EMA 20)
$117.38
Lower Channel
$113.47
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 Volume23.39K
Money Flow Index46.49Neutral, balanced money flows with no clear signal.
Relative Vigor Index52.07Neutral to Bullish, buyers hold a slight edge.

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

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

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 Global X - Morningstar Global Technology ETF are mixed, suggesting a Hold or wait-and-see approach.

(ASX: TECH.AX) Technical Analysis FAQ