Sydney (SYDNEY.NDX)

Close: 8 175.10 (+49.90), Apr 24, 2025

Weak Positive

Automatic technical analysis. Medium term, Apr 24, 2025

Sydney has broken through the floor of a rising trend channel in the medium long term. This indicates a slower rising rate at first, or the start of a more horizontal development. The index has met the objective at 7902 after the break of the double top formation. The price has now risen again, but the formation indicates a further fall. The index has marginally broken up through resistance at points 8140. An established break predicts a further rise. The index is overall assessed as technically slightly positive for the medium long term.

Recommendation one to six months: Weak Positive

Period	Vol.bal.	Volatility	Liquidity	+/- %
1 day	-	0.59%	1 111.76	+0.61%
5 days	-4.40	1.93%	1 295.16	+2.57%
22 days	-9.96	4.74%	1 376.96	+0.20%
66 days	0.30	8.09%	1 161.84	-4.34%

More analyses of Sydney

Candlesticks

Short term: Negative

Medium term: Weak Positive

Long term: Hold

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