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$CBA (Commonwealth Bank Of Australia.) Price Analysis
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Let's analyze Commonwealth Bank Of Australia. together

Penke

I guess you are interested in Commonwealth Bank Of Australia.. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📈 Technical Analysis (TA) – Commonwealth Bank Of Australia.’s Price Targets

I'm going to help you getting a better view of Commonwealth Bank Of Australia.. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Technical Analysis of Commonwealth Bank Of Australia.
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Commonwealth Bank Of Australia.. The general trend of Commonwealth Bank Of Australia. is BULLISH with 42.9% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Commonwealth Bank Of Australia.'s overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (42.9%) Bearish trend (-42.9%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. Commonwealth Bank Of Australia. Price Targets

1.1 sr

Score

Let's take a look at the sr of Commonwealth Bank Of Australia..

  • The price is trading between support and resistance lines.
Commonwealth Bank Of Australia. Daily sr Chart

2. Trend Indicators

2.1 mas

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Let's take a look at the mas of Commonwealth Bank Of Australia..

  • The SHORT shows a strengthening upward trend.
  • Price action is trading under pressure relative to the SHORT.
  • The SHORT is leading the MEDIUM, indicating positive trend alignment.
  • The SHORT is leading the INTER, indicating positive trend alignment.
  • The SHORT is leading the LONG, indicating positive trend alignment.
  • The MEDIUM shows weakening trend behaviour.
  • Price action is trading under pressure relative to the MEDIUM.
  • The MEDIUM is leading the INTER, indicating positive trend alignment.
  • The MEDIUM is leading the LONG, indicating positive trend alignment.
  • The INTER shows a strengthening upward trend.
  • Price action is supported by the INTER.
  • The INTER is lagging behind the LONG, indicating weaker trend alignment.
  • The LONG shows a strengthening upward trend.
  • Price action is supported by the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Commonwealth Bank Of Australia. Daily mas Chart
2.2 macd

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Let's take a look at the macd of Commonwealth Bank Of Australia..

  • Momentum is leaning bearish. Selling pressure outweighs buying interest, indicating increased caution and reduced risk appetite among market participants.
  • Overall momentum is negative. Market conditions reflect cautious sentiment, with sellers exerting more influence and limiting upside progress for Commonwealth Bank Of Australia..
  • Momentum is weakening. Bearish pressure is increasing as confidence fades and market participants shift toward defensive positioning.
Commonwealth Bank Of Australia. Daily macd ChartCommonwealth Bank Of Australia. Daily macd Chart
2.3 dmi

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Let's take a look at the dmi of Commonwealth Bank Of Australia..

  • Directional bias favors sellers. Selling pressure dominates buying interest, reflecting cautious sentiment and increasing downside pressure.
  • Directional bias is mildly bearish, but overall trend conditions remain weak and lack clear directional commitment.
Commonwealth Bank Of Australia. Daily dmi Chart
2.4 sar

Score

Let's take a look at the sar of Commonwealth Bank Of Australia..

  • Price action is under pressure relative to the prevailing trend structure, which is commonly interpreted as a bearish market signal.
Commonwealth Bank Of Australia. Daily sar Chart

3. Momentum Indicators

3.1 rsi

Score

Let's take a look at the rsi of Commonwealth Bank Of Australia.. The current phase is Correction in bull market.

  • Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Momentum is improving as buying interest gradually strengthens.
Commonwealth Bank Of Australia. Daily rsi ChartCommonwealth Bank Of Australia. Daily rsi Chart
3.2 stoch

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Let's take a look at the stoch of Commonwealth Bank Of Australia.. The current phase is Oversold in bull market.

  • Momentum favors sellers, indicating reduced buying interest and growing downside pressure.
  • Selling pressure appears exhausted, often seen near potential stabilization or rebound phases.
  • Momentum is leaning bullish, with buying pressure currently dominating selling interest and supporting positive short-term sentiment for Commonwealth Bank Of Australia..
  • Momentum is improving as buying interest strengthens and short-term sentiment turns more positive.
Commonwealth Bank Of Australia. Daily stoch ChartCommonwealth Bank Of Australia. Daily stoch Chart
3.3 cci

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Let's take a look at the cci of Commonwealth Bank Of Australia..

Commonwealth Bank Of Australia. Daily cci ChartCommonwealth Bank Of Australia. Daily cci Chart
3.4 cmo

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Let's take a look at the cmo of Commonwealth Bank Of Australia..

  • Momentum is leaning negative, indicating cautious market conditions and increasing downside participation.
Commonwealth Bank Of Australia. Daily cmo ChartCommonwealth Bank Of Australia. Daily cmo Chart
3.5 willr

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Let's take a look at the willr of Commonwealth Bank Of Australia..

  • Downward momentum appears stretched, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
Commonwealth Bank Of Australia. Daily willr ChartCommonwealth Bank Of Australia. Daily willr Chart

4. Volatility Indicators

4.1 bb

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Let's take a look at the bb of Commonwealth Bank Of Australia..

Commonwealth Bank Of Australia. Daily bb Chart
4.2 atr

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Let's take a look at the atr of Commonwealth Bank Of Australia..

Commonwealth Bank Of Australia. Daily atr ChartCommonwealth Bank Of Australia. Daily atr Chart

5. Volume Indicators

5.1 obv

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Let's take a look at the obv of Commonwealth Bank Of Australia..

Commonwealth Bank Of Australia. Daily obv ChartCommonwealth Bank Of Australia. Daily obv Chart
5.2 mfi

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Let's take a look at the mfi of Commonwealth Bank Of Australia..

  • Money flow favors buyers, indicating constructive participation and supportive market conditions.
Commonwealth Bank Of Australia. Daily mfi ChartCommonwealth Bank Of Australia. Daily mfi Chart

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Commonwealth Bank Of Australia..

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

Commonwealth Bank Of Australia. Daily Candlestick Chart
DateCandlestick Pattern
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