Free S&P/ASX 200 Utilities (AXUJ) Technical Analysis Signals

Overal Signal
Hold
Signals
Hold Buy Hold Hold
Last Update / Period
21 Nov / Daily
Category/Currency
Indexes/AUD
Exchange/Country
ASX/--

S&P/ASX 200 Utilities (AXUJ) signal with technical analysis on 21 Nov

On 21 Nov, we conducted a comprehensive technical analysis of S&P/ASX 200 Utilities (AXUJ), considering 256 signals with intricate details. Here are the key findings: 163 signals suggested buy strategies, while 19 indicated sell strategies. The remaining 74 signals remained neutral without offering a specific direction.
The 256 signals were categorized into four distinct strategies, each consisting of 64 signals. Let's dive into the details of each strategy:

Strategy 1:
Buy Signals: 38
Sell Signals: 7
Neutral Signals: 19
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 42
Sell Signals: 1
Neutral Signals: 21
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 44
Sell Signals: 2
Neutral Signals: 18
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 39
Sell Signals: 9
Neutral Signals: 16
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 163
Sell Signals: 19
Neutral Signals: 74
Result: This strategy leads to a Hold position.

Disclaimer! Please exercise caution and thorough consideration before making any financial decisions. It's important to note that our signals are based solely on daily price changes and do not take into account external factors such as news, market sentiment, or company developments. 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 Utilities (AXUJ) investments, we highly recommend visiting the "Magic Prediction" AI models signals website. They provide free signals, and if one aligns with ours, it is likely to be a reliable indicator, as we have observed over time.


Result: Looking at the technical analysis for S&P/ASX 200 Utilities (AXUJ) on , there appears to be a tendency toward a buy signal based on historical data and analysis. However, it's essential to remember that these signals are not guarantees, and investment decisions should be made carefully. It's important to consider the overall market conditions and how your choices align with your specific investment goals.


Based on the signals, we offer the following recommendations:

S&P/ASX 200 Utilities (AXUJ) trading strategy for those in buy positions (long positions): If you are currently in a buy (long) position, based on the consensus of our technical analysis signals, it is advised to maintain your current position with increased vigilance and caution. However, always be careful and closely monitor market developments.

S&P/ASX 200 Utilities (AXUJ) trading strategy for those in sell positions (short positions): If you are currently in a sell (short) position, it is recommended to carefully time your exit based on the combination of technical analysis signals. If you have a high risk tolerance, consider waiting for potential market movements in the coming days.

For new positions: If you are not currently in the market or are considering switching to a buy (long) position, it is advisable to consider the projected price range. This range represents a potential upside of 2.4%, determined by the highest predicted price. However, before initiating a buy position, conduct thorough research to ensure it fits your risk tolerance and investment goals.

In all your trading endeavors, implementing a well-defined stop-loss strategy is crucial to managing potential downside risks effectively.

Useful Tip 2: For those interested in long-term forecasting, we recommend using the "predict-price" website, which offers both short-term and long-term predictions for free. This can help you make well-informed decisions regarding your **S&P/ASX 200 Utilities (AXUJ)** holdings.

S&P/ASX 200 Utilities (AXUJ) Price Analysis and Resistance Levels:

Given our current long position in S&P/ASX 200 Utilities (AXUJ), analyzing key resistance levels is crucial to better understand its price movement. These resistance levels are important benchmarks for our strategy, and we will explore multiple scenarios to provide a comprehensive outlook.

First resistance level (9156.7): The primary hurdle is the 9156.7 price level. If the prevailing trend remains unchanged, S&P/ASX 200 Utilities (AXUJ) could break above this level, indicating its strength and potential for further growth.

Second resistance level (9190.9): If the upward trend shows significant strength, S&P/ASX 200 Utilities (AXUJ) may cross the second resistance level at 9190.9, signaling a significant upside move and a promising direction for our position.

Third resistance level (9449.4): For a more comprehensive analysis, we should consider a scenario where S&P/ASX 200 Utilities (AXUJ) not only breaks the second resistance level but also holds its price above this benchmark. If this trend continues in the coming days, it could pave the way for S&P/ASX 200 Utilities (AXUJ) to reach the third resistance level at 9449.4.
It's crucial to monitor these resistance levels closely and understand them within the context of overall market trends and indicators. To make informed decisions while trading S&P/ASX 200 Utilities (AXUJ), stay alert and continuously analyze the market. By considering these resistance levels and broader market dynamics, you can make smarter trading choices and better adapt to the evolving nature of this market.

S&P/ASX 200 Utilities (AXUJ) technical analysis chart

S&P/ASX 200 Utilities (AXUJ) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance 9156.7 9190.9 9449.4 -- --
Support 8241.6 7723.6 -- -- --
 S&P/ASX 200 Utilities (AXUJ) Support and Resistance area (21 Nov)

S&P/ASX 200 Utilities (AXUJ) signals list for 21 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

S&P/ASX 200 Utilities (AXUJ) candlestick patterns on 21 Nov

Today's S&P/ASX 200 Utilities (AXUJ) Candle Patterns List:

Spinning Top Advance Block

S&P/ASX 200 Utilities (AXUJ) technical analysis over the past days

# Date Overal Signals ALL Signals
1 20 Nov Hold HoldHoldHoldHold
2 19 Nov Hold HoldHoldHoldHold
3 18 Nov Hold HoldHoldHoldHold
4 15 Nov Buy HoldHoldBuyBuy
5 14 Nov Buy HoldHoldNeutralHold
6 13 Nov Buy BuyBuyNeutralHold
7 12 Nov Hold NeutralHoldHoldHold
8 11 Nov Sell SellSellHoldHold
9 08 Nov Sell NeutralNeutralHoldHold
10 07 Nov Hold HoldNeutralHoldHold
11 06 Nov Buy BuyHoldHoldHold
12 05 Nov Hold NeutralHoldHoldHold
13 04 Nov Hold NeutralHoldHoldHold
14 01 Nov Hold HoldHoldHoldHold
15 31 Oct Hold HoldHoldHoldHold
16 30 Oct Hold HoldHoldHoldHold
17 29 Oct Hold HoldHoldHoldHold
18 28 Oct Sell SellHoldHoldHold
19 25 Oct Hold NeutralHoldHoldHold
20 24 Oct Hold HoldHoldHoldHold
21 23 Oct Hold HoldHoldHoldHold
22 22 Oct Hold HoldHoldHoldHold
23 21 Oct Hold HoldHoldHoldHold
24 18 Oct Sell HoldHoldHoldSell
25 17 Oct Hold HoldHoldHoldNeutral
26 16 Oct Sell HoldHoldSellSell
27 15 Oct Buy HoldSellNeutralBuy
28 14 Oct Sell SellNeutralSellNeutral
29 11 Oct Buy NeutralSellBuyHold
30 10 Oct Sell SellNeutralNeutralHold

Users forecasts for S&P/ASX 200 Utilities (AXUJ)

What is your prediction?

In this section, you can easily predict without user registration. See also other users predictions.

What is your prediction?

S&P/ASX 200 Utilities (AXUJ) predictions by visitors

Please fill in your email
Please fill in your Text
CAPTCHA Image
Please fill in your Captcha

Comments