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$CBA (Commonwealth Bank Of Australia.) Price Analysis
Buy, Hold or Sell?

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.

  • πŸ“ˆ 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 BEARISH with 71.4% 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 (-71.4%) Bearish trend (71.4%)
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 arround resistance levels. This can be considered as a potential exit level.
Commonwealth Bank Of Australia. Daily sr Chart
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2. Trend Indicators

2.1 Moving Averages

Score

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

  • The SHORT shows weakening trend behaviour.
  • Price action is trading under pressure relative to the SHORT.
  • The SHORT is leading the MEDIUM, indicating positive trend alignment.
  • The SHORT is lagging behind the INTER, indicating weaker trend alignment.
  • The SHORT is lagging behind the LONG, indicating weaker trend alignment.
  • The MEDIUM shows weakening trend behaviour.
  • Price action is trading under pressure relative to the MEDIUM.
  • The MEDIUM is lagging behind the INTER, indicating weaker trend alignment.
  • The MEDIUM is lagging behind the LONG, indicating weaker trend alignment.
  • The INTER shows weakening trend behaviour.
  • Price action is trading under pressure relative to the INTER.
  • The INTER is lagging behind the LONG, indicating weaker trend alignment.
  • The LONG shows a strengthening upward trend.
  • Price action is trading under pressure relative to 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 Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Score

Let's take a look at the Moving Average Convergence/Divergence (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 Moving Average Convergence/Divergence (MACD) ChartCommonwealth Bank Of Australia. Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

Score

Let's take a look at the Directional Movement Index (DMI) of Commonwealth Bank Of Australia..

  • Directional bias favors sellers. Selling pressure dominates buying interest, reflecting cautious sentiment and increasing downside pressure.
  • Directional bias leans bearish while trend strength is beginning to build, often seen during early stages of downside development.
Commonwealth Bank Of Australia. Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic 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 Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of Commonwealth Bank Of Australia.. The current phase is Continuation in bear market.

  • Downtrend continues after a consolidation or pullback. Hold or add to short positions.
  • Momentum is weakening as selling pressure becomes more pronounced.
Commonwealth Bank Of Australia. Daily Relative Strength Index (RSI) ChartCommonwealth Bank Of Australia. Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of Commonwealth Bank Of Australia.. The current phase is Oversold in bear 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 weakening as selling pressure increases and short-term sentiment deteriorates.
Commonwealth Bank Of Australia. Daily Stochastic Oscillator ChartCommonwealth Bank Of Australia. Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

Let's take a look at the Commodity Channel Index (CCI) of Commonwealth Bank Of Australia..

  • Price action appears stretched to the downside, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
Commonwealth Bank Of Australia. Daily Commodity Channel Index (CCI) ChartCommonwealth Bank Of Australia. Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Commonwealth Bank Of Australia..

  • Momentum is leaning negative, indicating cautious market conditions and increasing downside participation.
Commonwealth Bank Of Australia. Daily Chande Momentum Oscillator (CMO) ChartCommonwealth Bank Of Australia. Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R 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 Williams %R ChartCommonwealth Bank Of Australia. Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Score

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

Commonwealth Bank Of Australia. Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

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Let's take a look at the Average True Range (ATR) of Commonwealth Bank Of Australia..

Commonwealth Bank Of Australia. Daily Average True Range (ATR) ChartCommonwealth Bank Of Australia. Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

Let's take a look at the On-Balance Volume (OBV) of Commonwealth Bank Of Australia..

Commonwealth Bank Of Australia. Daily On-Balance Volume (OBV) ChartCommonwealth Bank Of Australia. Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Score

Let's take a look at the Money Flow Index (MFI) of Commonwealth Bank Of Australia..

  • Money flow favors sellers, indicating reduced buying interest and growing downside pressure.
Commonwealth Bank Of Australia. Daily Money Flow Index (MFI) ChartCommonwealth Bank Of Australia. Daily Money Flow Index (MFI) Chart
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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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