Technical Analysis for YMAX - BetaShares Australian Top 20 Equity Yield Maximiser Fund

Grade Last Price % Change Price Change
C 7.680 -0.26% -0.020
YMAX closed down 0.26 percent on Wednesday, April 24, 2024, on approximately normal volume. The stock exhibited some range contraction during this trading session as price made an NR7 -- narrowest range of the last seven sessions. The stock fell below its 50 day moving average, damaging its intermediate-term outlook by crossing under that important trendline.
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Trend Table & Recent EOD Trading Signals

ADX Long Term Intermediate Term Short Term
Weak or Absent Up Flat Flat

Date Alert Name Type % Chg
Fell Below 50 DMA Bearish 0.00%
NR7 Range Contraction 0.00%
Narrow Range Bar Range Contraction 0.00%
Crossed Above 50 DMA Bullish -0.26%
Lower Bollinger Band Walk Weakness 0.66%
Gapped Up Strength 0.66%
Oversold Stochastic Weakness 0.66%
Stochastic Buy Signal Bullish 1.72%
Lower Bollinger Band Walk Weakness 1.72%
Below Lower BB Weakness 1.72%

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Profile

The fund aims to provide investors with exposure to a portfolio of 20 blue-chip Australian shares (as represented in the S&P/ASX 20 Index), while providing attractive quarterly income that exceeds the dividend yield of a portfolio of the underlying shares. In addition, the Fund aims to provide lower overall volatility than the underlying share portfolio.
Classification

Keywords: Dividend Exchange Traded Fund S&P/Asx 200 Corporate Finance Equity Securities S&P/Asx 20 Yield Chip Volatility Dividend Yield

Top 10 Components

Symbol Grade Price % Change Allocation
CBA C 1.88 13.72
CSL C 1.08 12.19
BHP A -0.42 11.19
WBC B 1.79 8.44
NAB B 1.80 6.91
ANZ C 1.10 6.80
WES B -0.20 4.54
MQG C 0.51 4.49
WOW F 0.66 4.45
TLS F -0.81 4.10

Is YMAX a Buy, Sell or Hold?

Indicator Bull Case Neutral / Hold Bear Case
50 DMA
200 DMA
ADX Trend
Oversold / Overbought
Relative Strength

Indicators

Indicator Value
52 Week High 7.88
52 Week Low 6.7577
Average Volume 76,896
200-Day Moving Average 7.292
50-Day Moving Average 7.685
20-Day Moving Average 7.729
10-Day Moving Average 7.673
Average True Range 0.082
RSI (14) 48.72
ADX 14.33
+DI 23.834
-DI 23.955
Chandelier Exit (Long, 3 ATRs) 7.633
Chandelier Exit (Short, 3 ATRs) 7.737
Upper Bollinger Bands 7.888
Lower Bollinger Band 7.570
Percent B (%b) 0.34
BandWidth 4.112
MACD Line -0.015
MACD Signal Line -0.001
MACD Histogram -0.0139
Pivot Point Level Traditional / Classic Fibonacci Demark Woodie Camarilla
Resistance 4 (R4) 7.740
Resistance 3 (R3) 7.747 7.733 7.730
Resistance 2 (R2) 7.733 7.718 7.730 7.727
Resistance 1 (R1) 7.707 7.709 7.700 7.700 7.723
Pivot Point 7.693 7.693 7.690 7.690 7.693
Support 1 (S1) 7.667 7.678 7.660 7.660 7.637
Support 2 (S2) 7.653 7.669 7.650 7.633
Support 3 (S3) 7.627 7.653 7.630
Support 4 (S4) 7.620