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Goodman Group

Goodman Group technical analysis

GMG.AXReal Estate Updated daily

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

What is Goodman Group

Goodman Group is a real estate operator that owns, develops and manages logistics properties and data centres in major global cities, operating across Australia, New Zealand, Asia, Europe, the United Kingdom and the Americas. The company is listed on the Australian Securities Exchange and manages a portfolio comprising distribution centres, warehouses, light industrial facilities, multi-storey industrial buildings and business parks. Goodman Group also operates as an investment manager for industrial real estate in partnership with institutional investors.

Description generated automatically from public sources; it may be inaccurate or out of date.

Goodman Group: latest session data

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

Close27.55
Change+0.51%
RSI (14)40.8
MACD-0.667
ADX16.0
Volatility (ATR)2.69%
Volume vs 20-avg92%
12-month high33.01
12-month low24.44

Moving averages

21 sessions

28.62

−3.72%

50 sessions

29.39

−6.26%

200 sessions

29.45

−6.45%

Session levels

s2

26.24

Support

s1

26.82

Support

pivot

27.12

Pivot

r1

27.70

Resistance

r2

28.00

Resistance

How to read it

In the September 3, 2026 session Goodman Group closed higher at 27.55 , +0.51% versus the previous session.

The price sits below every moving average observed: −3.72% against the 21-session average, −6.26% against the 50 and −6.45% against the 200.

The 14-period RSI reads 40.8, in neutral territory.

MACD stands at -0.667 against a signal line at -0.573: the histogram is negative (−0.094).

ADX reads 16.0, indicating weak directionality.

Levels computed on the latest session place supports at 26.82 and 26.24 and resistances at 27.70 and 28.00 , around a pivot of 27.12.

The average daily range (ATR) is 0.742 , or 2.69% of price.

Turnover was 3.6M shares, 92% of the 20-session average.

Over the last twelve months the price ranged between 24.44 and 33.01 , and today stands −16.55% 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 Goodman Group

How is Goodman Group analysed technically?

Technical analysis of Goodman Group 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 Goodman Group?

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 Goodman Group?

Elliott Wave theory describes price moves as sequences of impulsive and corrective waves; applied to Goodman Group 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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