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BetaShares - Australian Top 20 Equities Yield Maximiser Complex ETF

YMAX.AX Technical Analysis Summary (ASX)

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

YMAX.AX●ASX
Financial ServicesAsset Management
$7.38
$0.02(0.27%)
Australian Market opens in 49h 36m

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

YMAX.AX Technical Analysis Summary (ASX)

BetaShares - Australian Top 20 Equities Yield Maximiser Complex ETF (ASX: YMAX.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: 54.04)
Trend Strength:Moderate (ADX: 23.44)
Volatility:Low (ATR: 0.08)
Support/Resistance:$7.20 – $7.38 (Bollinger Bands)

Technical conditions suggest BetaShares - Australian Top 20 Equities Yield Maximiser Complex ETF on the ASX is awaiting a decisive move. Overall, BetaShares - Australian Top 20 Equities Yield Maximiser Complex ETF remains neutral, with indicators showing mixed momentum.

Momentum Indicators

RSI (14): 54.04

Bullish
Above midpoint suggests upward bias.

Stochastic %K: 58.33

Neutral
Mid-range signal with no clear trend.

Williams %R: -39.29

Bullish
Buying pressure building steadily.

Rate of Change (ROC): 1.38

Bullish
Steady upward momentum.

Takeaway:BetaShares - Australian Top 20 Equities Yield Maximiser Complex ETF shows steady upward momentum, supported by improving signals.

Trend & Volatility

MACD: -0.01

Bearish
Bearish, trend momentum is strengthening to the downside.

ADX: 23.44

Moderate
Moderate trend, direction gaining strength.

ATR (14): 0.08

Low
Low volatility, stable price action.

CCI (14): 94.21

Bullish
Bullish, momentum building upward.

Takeaway:BetaShares - Australian Top 20 Equities Yield Maximiser Complex ETF shows a firm trend supported by momentum, though one signal suggests caution.

Support & Resistance indicators
Bollinger Bands
Upper Band
$7.38
Middle Band (SMA 20)
$7.29
Lower Band
$7.20
Current Position
Within Bands

Takeaway:BetaShares - Australian Top 20 Equities Yield Maximiser Complex ETF trades near the upper band, signaling overbought conditions and risk of pullback.

Keltner Channels
Upper Channel
$7.47
Middle Line (EMA 20)
$7.31
Lower Channel
$7.15
Squeeze Status
Squeeze On

Takeaway:BetaShares - Australian Top 20 Equities Yield Maximiser Complex ETF trades above the trend line, showing healthy momentum within the channel.

Volume & Money Flow Analysis
On-Balance Volume-153.09K
Money Flow Index68.80Bullish, inflows support continued momentum.
Relative Vigor Index64.69Bullish, price momentum strongly favors buyers.

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

Technical Trading Signals Summary
Based on the current technical analysis of BetaShares - Australian Top 20 Equities Yield Maximiser Complex ETF (ASX: YMAX.AX), here are the key trading signals and recommendations:

Bullish Signals

RSI above 50 → positive momentum from buyers.

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

Price near upper Bollinger Band → potential resistance and pullback risk.

Overall Recommendation:Technical indicators for BetaShares - Australian Top 20 Equities Yield Maximiser Complex ETF are mixed, suggesting a Hold or wait-and-see approach.

(ASX: YMAX.AX) Technical Analysis FAQ