I didn't say CBA is overvalued
I said it's overbought
There is a difference.
*Valuations comparative to other Aussie banks is another subject. I'll leave that one and focus on TA for now.
I also mentioned this info would probably be more suited to those with shorter timeframes - if you're long and strong from 1998 then I'm sure you've seen plenty of big moves and I'm sure your divvies have more than smoothed out the ride.
The comparison chart I provided is a highly correlated chart with CBA, so I'll have to disagree.
BANK has 30 components, so rather than just compare to a single bank I find it's a good bellwether - the charts seem to agree.
CBA was/is in a pivotal position atm, so I was pointing out both upside and downside.
$109 is a big resistance for CBA and so far has proven so.
Aussie 200 is in a similar position (not surprisingly) with a major resistance and volume zone just overhead
Couple of big data releases today and tomorrow in Oz, so perhaps a clearer direction will be seen after they've been released.
All the best mate.
- Forums
- ASX - By Stock
- CBA
- CBA TA update
CBA
commonwealth bank of australia.
Add to My Watchlist
0.35%
!
$172.87

CBA TA update, page-360
Featured News
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
|
|||||
Last
$172.87 |
Change
-0.600(0.35%) |
Mkt cap ! $289.2B |
Open | High | Low | Value | Volume |
$173.40 | $173.61 | $170.97 | $281.9M | 1.622M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5 | $172.60 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$172.87 | 400 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 6 | 172.340 |
1 | 2 | 172.300 |
8 | 536 | 172.000 |
1 | 600 | 171.980 |
1 | 3 | 171.900 |
Price($) | Vol. | No. |
---|---|---|
172.870 | 400 | 1 |
172.900 | 1684 | 1 |
173.000 | 157 | 2 |
173.100 | 44 | 1 |
173.230 | 200 | 1 |
Last trade - 16.17pm 25/07/2025 (20 minute delay) ? |
Featured News
CBA (ASX) Chart |
The Watchlist
P.HOTC
HotCopper
Frazer Bourchier, Director, President and CEO
Frazer Bourchier
Director, President and CEO
SPONSORED BY The Market Online