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Commonwealth Bank of Australia

Commonwealth Bank of Australia technical analysis

CBA.AXFinancial Services Updated daily

Technical analysis of Commonwealth Bank of Australia (stock) with the Montbon Method — Elliott Waves, moving averages and a 0–100 score.

What is Commonwealth Bank of Australia

Commonwealth Bank of Australia is a bank providing retail and commercial banking services in Australia, New Zealand, and internationally. The company offers savings accounts, term deposits, credit cards, personal and business loans, home loans, international payment services, insurance products, and transaction banking services. Founded in 1911 and based in Sydney, it operates through retail banking, business banking, institutional banking and markets segments.

Description generated automatically from public sources; it may be inaccurate or out of date.

Commonwealth Bank of Australia: latest session data

Closing values for September 3, 2026, computed on the last 12 months of prices.

Close160.42
Change−0.10%
RSI (14)44.7
MACD-2.405
ADX26.3
Volatility (ATR)1.93%
Volume vs 20-avg83%
12-month high182.51
12-month low148.49

Moving averages

21 sessions

161.72

−0.81%

50 sessions

165.70

−3.19%

200 sessions

162.51

−1.29%

Session levels

s2

157.69

Support

s1

159.13

Support

pivot

160.17

Pivot

r1

161.61

Resistance

r2

162.65

Resistance

How to read it

In the September 3, 2026 session Commonwealth Bank of Australia closed lower at 160.42 , −0.10% versus the previous session.

The price sits below every moving average observed: −0.81% against the 21-session average, −3.19% against the 50 and −1.29% against the 200.

The 14-period RSI reads 44.7, in neutral territory.

MACD stands at -2.405 against a signal line at -2.701: the histogram is positive (+0.296).

ADX reads 26.3, indicating a marked directionality.

Levels computed on the latest session place supports at 159.13 and 157.69 and resistances at 161.61 and 162.65 , around a pivot of 160.17.

The average daily range (ATR) is 3.094 , or 1.93% of price.

Turnover was 1.8M shares, 83% of the 20-session average.

Over the last twelve months the price ranged between 148.49 and 182.51 , and today stands −12.10% from the period high.

Measures computed on closing prices. They describe the past; they are not forecasts.

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How Montbon’s technical analysis works

Montbon analyses markets with Elliott Waves, multi-timeframe moving averages and a 0–100 score summarising the technical setup. It is an informational screening tool.

Elliott Waves

Wave counting to frame the price structure.

MTF moving averages

Moving averages across timeframes to read the trend.

0–100 score

A technical summary of the setup, updated daily.

Read the full Montbon Score methodology →

FAQ about Commonwealth Bank of Australia

How is Commonwealth Bank of Australia analysed technically?

Technical analysis of Commonwealth Bank of Australia is based on price charts and indicators such as moving averages, RSI and MACD, to observe trend, momentum and volatility across different time horizons.

Which timeframes are used for Commonwealth Bank of Australia?

The daily and weekly charts are typically used for medium-to-long-term trends, while intraday charts (for example 1-hour or 15-minute) are used for short-term movements.

What are Elliott Waves applied to Commonwealth Bank of Australia?

Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Commonwealth Bank of Australia it helps frame the technical structure of the historical chart and is not a forecast.

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Disclaimer. For informational purposes only; not financial advice or a recommendation. Montbon Analytics is not an authorised financial intermediary.

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