ASX rose 6.9% in 1 trading day from its Nov 5 low. On Nov 6 alone it rose 6.4%.
It is below its 50-day and 200-day average prices, but the 50-day is still above the 200-day: the long trend has not turned.
Nearest support $29.58 (6.5% below) · nearest resistance $44.73 (41.4% above).
The rise came on heavy trading. The last 20 days averaged 10.6M shares a day, 47.4% above the 60 days before.

ASX Moving Averages: 50-Day and 200-Day

Last 12 months · $ per share

Price is below its 50-day average, but the 50-day is still above the 200-day.

Price (Nov 6)

$31.63

+6.9% from the Nov 5 low

50-day average

$41.30

price 23.4% below

200-day average

$33.58

price 5.8% below

50-day vs 200-day

+23.0%

50-day above since Jul 9, 2025

Daily close 50-day average 200-day average

Days above the 200-day, last year

250 of 252

Since July 2025 it dipped below the 200-day only twice, and the 50-day is still 23.0% above it: the long trend has not turned.

ASX RSI and MACD

Momentum · Nov 6, 2026

Both readings show selling pressure is stronger than buying right now.

ASX RSI (14-Day)

0–100 scale · last 3 months

Momentum is weak but not yet oversold (below 30).

33.5 ◆ Caution · weak momentum

0 · oversold below 30grey mark = 28.5 on Nov 5overbought above 70 · 100

Last 3 months · dashed lines at 70 and 30

When RSI fell below 35, the price was higher 1 month later

3 of 4 times

RSI has stayed between 28.5 and 69.2 over the last 3 months. The miss came in March 2025.

ASX MACD (12, 26, 9)

Histogram, $ per share · last 3 months

Below zero: the fast average has dropped under the slow one.

−1.19 ▼ Negative

−1.2 (1-year low −1.19)0+1.2 (1-year high +0.69)

Last 3 months · dashed line = zero · green = momentum improving, red = fading

Crossed zero 5 times since Aug 20: in a range-bound market, one cross is a weak signal.

ASX Support and Resistance Levels

vs Nov 6, 2026 close · $ per share

Closed 6.2% under the 200-day average, 6.9% above the Nov 5 low of $29.58.

Support = a price where past declines stopped · resistance = where past rallies stalled

$44.73$31.63$29.58

Resistance Support Today

$44.73Resistance · Oct 29 high+41.4%

$31.63Today’s closetoday

$29.58Support · Nov 5 low (3-month low)−6.5%

The nearest support is the Nov 5 low of $29.58 (6.5% below) and the nearest resistance the Oct 29 high of $44.73 (41.4% above); it closed below the Oct 22 swing low of $37.28, the first lower low in three months if it holds.

ASX 52-Week Range

52 weeks · $ per share

Now $31.63

52-week low
$13.22 (Nov 21, 2025)52-week high
$47.93 (Oct 2, 2026)

34.0% below the high139.3% above the low53% of the way up the range

ASX trades in the middle part of its 1-year range. The high is 5 weeks old; the low is 11 months old. Returns → Performance

ASX Volume vs Average

Shares traded per day

Last day (Nov 6)

13.6M shares

28% above normal (vs 20-day average)

20-day average

10.6M shares

27% above normal (vs 12 months)

12-month average

8.4M shares

Shares a day

Average shares traded per day, by month (last 12 months)

Buying vs selling days (last 60 days)

Up days (32)

7.3M shares

Down days (27)

8.7M shares

Down days were busier → sellers more active

Trading is busier than usual: the last 20 days averaged 27% more shares than the past year.

ASX Technical Analysis: Trend Check

7 checks · Nov 6, 2026 close

3 of 7 checks point down, 1 up; short and medium term negative, long term positive.

SHORT TERM (DAYS)

Negative

MEDIUM TERM (WEEKS)

Negative · below 50-day

LONG TERM (MONTHS)

Positive · 50-day over 200-day

Check	Reading	Points
Price above its 50-day average?	No: 23.4% below ($41.30)	▼ Down
Price above its 200-day average?	No: 5.8% below ($33.58)	▼ Down
50-day above the 200-day?	Yes: +23.0%, since Jul 9, 2025	▲ Up
Are the 3-month lows rising?	They were ($35.42 → $36.24 → $36.68 → $37.28), but the close is now below the last one	◆ Neutral
Momentum (RSI and MACD)?	RSI 33 weak · MACD −1.19 negative	▼ Down
Trend strength (ADX)?	23.9: moderate, not strong	◆ Neutral
Bollinger Bands position?	Below the lower band (0.5% under it)	◆ Neutral

3 down

1 up

3 neutral

Short-term signals are negative; the long-term uptrend is intact. Technical signals reflect sentiment, not value. Forecast →

All Technical Indicator Values

Nov 6, 2026 close · daily data

Price closed below its 20-day, 50-day and 200-day averages.

Indicator	Value	Context PRO
Close (Nov 6, 2026)	$31.63	Change +$1.91 (+6.43%) · 1 month −30.11%
20-day average	$40.42	Price −21.7%
50-day average	$41.30	Price −23.4% · rising (was $39.92 a month ago)
200-day average	$33.58	Price −5.8% · rising (was $31.12 a month ago)
50-day vs 200-day	+23.0%	50-day above 200-day since Jul 9, 2025 (below Mar 28, 2025 – Jul 8, 2025)
RSI (14)	33.5	28.5 on Nov 5 · also the 1-year low
MACD line / signal / histogram	−2.17 / −0.99 / −1.19	Below signal since Oct 14, below zero since Oct 22
Bollinger upper / middle / lower	$49.04 / $40.42 / $31.80	Width 42.7% of the middle · price below the lower band
ADX (14)	23.9	+DI 15.5 · −DI 43.0 (sellers ahead)
ATR (14)	$2.78	8.8% of price: a typical daily high-to-low range
Volume, Nov 6	13.6M	28% above the 20-day average of 10.6M
Volume, Oct 2026 month average	8.3M	1% below the 12-month daily average
30-day high / low	$47.93 / $29.58	Price 34.0% below the high · 6.9% above the low
52-week high / low	$47.93 / $13.22	34.0% below the high · 139.3% above the low
Days above 200-day, last year	250 of 252	99% of trading days

Volatility, beta and the biggest falls live on the Risks tab. Risk numbers → Risks

ASX Indicator Charts: Bollinger Bands, Volume, RSI, MACD

PROdaily

Price closed below the lower Bollinger Band, outside its normal swing zone.

Technical Analysis

Advanced technical indicators for ASX • 3M • 64 data points

Bollinger Bands

Price volatility analysis with 20-period moving average and ±2σ bands

Upper

SMA-20

Lower

Price

Bollinger Bands: Price $31.63 is below the lower band ($31.80); middle $40.42, upper $49.04.
Volume: Nov 6: 13.6M shares, 28% above the 20-day average. The biggest day in 3 months was Nov 5 (27.9M, −20.8%).
RSI: RSI 33.5. It was 28.5 at the Nov 5 low; the 1-year low was 28.5 on Nov 5, 2026.
MACD: MACD line −2.17, signal −0.99, histogram −1.19. Crossed below the signal on Oct 14 and below zero on Oct 22.

ASX Bollinger Bands and ADX Details

PROBands $ per share · ADX 0–50 · last 64 trading days

Price is below the lower band; −DI above +DI shows sellers ahead.

Bollinger Bands (20, 2)

20-day average ± 2 standard deviations: the normal swing zone

$31.63Lower $31.80Middle $40.42Upper $49.04

Price is below the lower band, 0.5% under it; the bands are 42.7% wide. Touching a band is common and is not a signal on its own.

ADX trend strength, last 64 trading days

ADX = how strong a trend is (not its direction): under 20 weak, 25+ clear

ADX (14)

23.9

+DI (buyers)

15.5

−DI (sellers)

43.0

ADX reading: 23.9 means a moderate trend, not a strong one; sellers lead.

ASX Market Structure: Swing High and Low Points

PROLast 64 trading days · $ per share · swing = high/low within 5 days either side

Latest swing high $44.73 (Oct 29, 2026); price is 29.3% below it.

▼ Swing high ▲ Swing low HH/HL = rising LH/LL = falling Hollow = not yet confirmed

HH and HL = uptrend structure; LH and LL = downtrend structure.

Date	Type	Price	vs previous of same type
Aug 13, 2026	Swing high	$40.31	first in window
Aug 19, 2026	Swing low	$35.42	first in window
Aug 28, 2026	Swing high	$39.07	LH · lower (−3.1%)
Sep 3, 2026	Swing low	$36.24	HL · higher (+2.3%)
Sep 9, 2026	Swing high	$41.37	HH · higher (+5.9%)
Sep 14, 2026	Swing low	$36.68	HL · higher (+1.2%)
Oct 2, 2026	Swing high	$47.93	HH · higher (+15.9%)
Oct 12, 2026	Swing high	$47.83	LH · lower (−0.2%)
Oct 22, 2026	Swing low	$37.28	HL · higher (+1.6%)
Oct 29, 2026	Swing high	$44.73	LH · lower (−6.5%)
Nov 5, 2026 (not yet confirmed)	Swing low	$29.58	LL · lower (−20.7%)

The latest high was lower (LH, $44.73 on Oct 29) but the latest low was higher (HL, $37.28 on Oct 22): the swings are narrowing. The Nov 5 low ($29.58) is not confirmed yet; it would need 4 more days without a lower low.

Method Notes

PRO

Moving averages: simple averages of daily closes over 20, 50 and 200 trading days (stored by TickZen’s daily data job).
RSI (14): Wilder’s relative strength index on daily closes; 30 and 70 are the usual oversold and overbought lines. The “dip below 35” count uses daily RSI since Nov 7, 2024 and the close 21 trading days later.
MACD (12, 26, 9): 12-day minus 26-day exponential average of closes; signal = 9-day exponential average of MACD; histogram = MACD − signal. Line −2.17, signal −0.99, histogram −1.19.
Bollinger Bands (20, 2): position -1% = (price − lower) ÷ (upper − lower).
ADX (14), +DI and −DI: Wilder’s directional movement on daily highs, lows and closes. ADX is stored by the data job; +DI and −DI are worked out from the same prices.
Support and resistance: the 52-week and 3-month highs and lows, the latest swing points (highest high or lowest low within 5 days either side; lows within 1% form one zone) and the 20-, 50- and 200-day averages. No probabilities are implied.
Volume: monthly bars are the average of daily volume in each calendar month (November to the 6th). Up and down days compare each close with the one before, over the last 60 trading days.

Explore More Analysis for ASX

Overview Forecast & price targets Valuation Earnings Performance Ownership Risks

Data as of Nov 6, 2026 close · Sources: daily prices and volume (Yahoo Finance), indicators computed by TickZen · Methodology

ASX Technical Analysis & Charts

Key Takeaways