Free S&P/ASX 200 Materials (AXMJ) Technical Analysis Signals | Free Index Technical Analysis Signals | 06 Mar

Overal Signals
Neutral
Signals
Hold Buy Neutral Neutral
Last Update / Period
06 Mar / Daily
Category/Currency
Index/AUD
Exchange/Country
ASX/--

S&P/ASX 200 Materials (AXMJ) signal with technical analysis on 06 Mar

On May 5, 2023, we conducted a comprehensive technical analysis of Bitcoin, considering 256 signals with intricate details. Here are the key findings: 105 suggested buy signal strategies, while 65 indicated sell signal strategies. The remaining 86 strategies remained neutral without providing any specific signal.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's delve into the details of each strategy:

Strategy 1:
Buy Signals: 34
Sell Signals: 7
Neutral Signals: 23
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 26
Sell Signals: 12
Neutral Signals: 26
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 28
Sell Signals: 19
Neutral Signals: 17
Result: This strategy leads to a Neutral position.

Strategy 4:
Buy Signals: 17
Sell Signals: 27
Neutral Signals: 20
Result: This strategy leads to a Neutral position.

Overal Strategy :
Buy Signals: 105
Sell Signals: 65
Neutral Signals: 86
Result: This strategy leads to a Neutral position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are solely based on daily price changes and do not take external factors such as news, market sentiment, or company developments into account. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your S&P/ASX 200 Materials (AXMJ) investments, we strongly recommend visiting the "Magic Analysis" technical analysis website. They also provide signals for free, and if a signal aligns with ours, it's likely to be a reliable and valid indicator, as we've seen over time.


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Our best AI model, optimized to achieve the highest accuracy in S&P/ASX 200 Materials (AXMJ) analysis, with a track record of consistently achieving over ---% accuracy, did not produce any signals for th.

Pooling the predictions from multiple artificial intelligence models, each boasting an accuracy rate of at least 70%, yields no discernible signal for S&P/ASX 200 Materials (AXMJ) on th. Nevertheless, prudence in making investment decisions is strongly advised.

On st, our AI models predicted a price range for S&P/ASX 200 Materials (AXMJ) with a minimum estimate of 0 and a maximum estimate of 0.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are solely based on daily price changes and do not take external factors such as news, market sentiment, or company developments into account. We strongly recommend considering all relevant factors and conducting your own research.

Useful Tips: To make the most informed decisions about your S&P/ASX 200 Materials (AXMJ) investments, we strongly recommend visiting the "Magic Analysis" technical analysis website. They also provide signals for free, and if a signal aligns with ours, it's likely to be a reliable and valid indicator, as we've seen over time.

According to the above signals and forecasts, we recommend the following methods:

S&P/ASX 200 Materials (AXMJ) trading strategy for those who are in buy positions (long positions): If you are currently in a buy position, you should wait for the next few days to change or stabilize the position (long position) due to the lack of a definitive signal.

S&P/ASX 200 Materials (AXMJ) trading strategy for those who are in sell positions (short positions): If you are currently in a sell position (short position), you should wait for the next few days to change or stabilize the position due to the lack of a definitive signal.

For new positions: If you haven't already invested, you should wait for the next few days to change or stabilize the position due to the lack of a definitive signal.

Useful Tips 2:, for those interested in long-term forecasting, we suggest utilizing the "Price Forecasting" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions for your S&P/ASX 200 Materials (AXMJ) holdings.



S&P/ASX 200 Materials (AXMJ) technical analysis chart

S&P/ASX 200 Materials (AXMJ) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 19104.5 19542.301 -- -- --
Support 17435.9 17105.699 17070.9 16906.5 14540.1
S&P/ASX 200 Materials (AXMJ) price movement in the coming days

S&P/ASX 200 Materials (AXMJ) signals list for 06 Mar

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

S&P/ASX 200 Materials (AXMJ) technical analysis over the past days

# Date Overal Signals ALL Signals
1 05 Mar Neutral HoldHoldNeutralNeutral
2 04 Mar Sell HoldHoldSellNeutral
3 01 Mar Buy BuyBuyNeutralNeutral
4 29 Feb Hold HoldHoldHoldHold
5 28 Feb Hold HoldHoldHoldHold
6 27 Feb Hold HoldHoldHoldHold
7 26 Feb Hold HoldHoldHoldHold
8 23 Feb Hold HoldHoldHoldHold
9 22 Feb Hold HoldHoldHoldHold
10 21 Feb Sell SellHoldHoldHold
11 20 Feb Sell NeutralSellSellHold
12 19 Feb Buy BuyNeutralNeutralHold
13 16 Feb Hold NeutralHoldHoldHold
14 15 Feb Hold HoldHoldHoldHold
15 14 Feb Hold HoldHoldHoldHold
16 13 Feb Hold HoldHoldHoldHold
17 12 Feb Hold HoldHoldHoldHold
18 09 Feb Hold HoldHoldHoldHold
19 08 Feb Hold HoldHoldHoldHold
20 07 Feb Hold HoldHoldHoldHold
21 06 Feb Hold HoldSellHoldHold
22 05 Feb Sell SellNeutralSellSell
23 02 Feb Buy HoldHoldBuyNeutral
24 01 Feb Sell HoldHoldNeutralSell
25 31 Jan Buy HoldHoldBuyNeutral
26 30 Jan Buy HoldHoldNeutralHold
27 29 Jan Hold HoldHoldHoldHold
28 25 Jan Hold HoldBuyHoldHold
29 24 Jan Buy BuyNeutralHoldHold
30 23 Jan Hold NeutralHoldHoldHold

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