Free S&P/ASX MIDCAP50 (AXMD) 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 MIDCAP50 (AXMD) signal with technical analysis on 21 Nov

On 21 Nov, we conducted a comprehensive technical analysis of S&P/ASX MIDCAP50 (AXMD), considering 256 signals with intricate details. Here are the key findings: 157 signals suggested buy strategies, while 14 indicated sell strategies. The remaining 85 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: 31
Sell Signals: 11
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 2:
Buy Signals: 43
Sell Signals: 1
Neutral Signals: 20
Result: This strategy leads to a Buy position.

Strategy 3:
Buy Signals: 42
Sell Signals: 0
Neutral Signals: 22
Result: This strategy leads to a Hold position.

Strategy 4:
Buy Signals: 41
Sell Signals: 2
Neutral Signals: 21
Result: This strategy leads to a Hold position.

Overall Strategy:
Buy Signals: 157
Sell Signals: 14
Neutral Signals: 85
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 MIDCAP50 (AXMD) 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 MIDCAP50 (AXMD) 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 MIDCAP50 (AXMD) 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 MIDCAP50 (AXMD) 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 -100%, 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 MIDCAP50 (AXMD)** holdings.

S&P/ASX MIDCAP50 (AXMD) Price Analysis and Resistance Levels:

Given our current long position in S&P/ASX MIDCAP50 (AXMD), 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 (0): The primary hurdle is the 0 price level. If the prevailing trend remains unchanged, S&P/ASX MIDCAP50 (AXMD) could break above this level, indicating its strength and potential for further growth.

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 MIDCAP50 (AXMD), 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 MIDCAP50 (AXMD) technical analysis chart

S&P/ASX MIDCAP50 (AXMD) support and resistance levels

Name Level1 Level2 Level3 Level4 Level5
Resistance -- -- -- -- --
Support 9935.5 9657.9 8244.2 -- --
 S&P/ASX MIDCAP50 (AXMD) Support and Resistance area (21 Nov)

S&P/ASX MIDCAP50 (AXMD) signals list for 21 Nov

Overall Signals
Signal 1 Signal 2
Signal 3 Signal 4

S&P/ASX MIDCAP50 (AXMD) candlestick patterns on 21 Nov

Today's S&P/ASX MIDCAP50 (AXMD) Candle Patterns List:

Belt-hold Closing Marubozu Long Line Candle Marubozu

S&P/ASX MIDCAP50 (AXMD) 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 BuyBuyHoldBuy
5 14 Nov Hold HoldNeutralHoldHold
6 13 Nov Sell SellHoldNeutralNeutral
7 12 Nov Hold HoldHoldHoldNeutral
8 11 Nov Hold HoldHoldHoldNeutral
9 08 Nov Hold HoldHoldHoldNeutral
10 07 Nov Buy HoldBuyBuyNeutral
11 06 Nov Buy BuyNeutralNeutralHold
12 05 Nov Sell SellHoldHoldHold
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 Hold HoldHoldHoldHold
19 25 Oct Hold HoldHoldHoldHold
20 24 Oct Sell HoldHoldHoldSell
21 23 Oct Sell HoldHoldSellNeutral
22 22 Oct Sell SellSellNeutralNeutral
23 21 Oct Buy BuyNeutralHoldHold
24 18 Oct Sell SellNeutralNeutralHold
25 17 Oct Buy BuyHoldHoldHold
26 16 Oct Sell SellHoldHoldHold
27 15 Oct Hold HoldHoldHoldHold
28 14 Oct Hold HoldHoldHoldHold
29 11 Oct Hold HoldHoldHoldHold
30 10 Oct Hold HoldBuyHoldHold

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