IAF Technical Analysis & ETF Price Forecast

Technical Sentiment

Overall Consensus

Sell

Buy

Technical Analysis Consensus

Sell

Buy

Moving Average Consensus

Sell

Buy

abrdn Australia Equity Fund, Inc (IAF) Moving Averages Convergence Divergence (MACD) indicator is 0.06, suggesting IAF is Strong buy.

abrdn Australia Equity Fund, Inc (IAF) 20-Day simple moving average is 12.9, while abrdn Australia Equity Fund, Inc (IAF) share price is $12.98, making it Buy.

abrdn Australia Equity Fund, Inc (IAF) 60-Day simple moving average is 12.95, while abrdn Australia Equity Fund, Inc (IAF) share price is $12.98, making it Buy.

Technical Analysis for IAF

Technical Sentiment Analysis for abrdn Australia Equity Fund, Inc (IAF). As of 2026-05-08, abrdn Australia Equity Fund, Inc (IAF) is exhibiting a Strong buy technical sentiment. Our proprietary analysis, which aggregates 9 technical signals, shows that 7 indicators are flashing buy, while 2 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for IAF stands at 53.87, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at 0.06, providing a Buy signal for short-term momentum. Other oscillators like the Stochastic Oscillator at 73.44 and the Commodity Channel Index (CCI) at 38.79 further confirm a 0.31 outlook for the ETF.

Support, Resistance & Moving Averages. From a structural perspective, IAF is trading below its 60-day moving average of $12.95 and below its 200-day long-term moving average of $13.3. Key price levels to watch include the immediate resistance at $13.25 and strong support at $12.39. A break above $13.25 could signal a bull continuation, while falling below $12.39 may test the next Fibonacci floor at $11.95.

abrdn Australia Equity Fund, Inc (IAF) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	11.53	11.95	12.39	12.81	13.25	13.67	14.11
Fibonacci	11.95	12.28	12.49	12.81	13.14	13.35	13.67

abrdn Australia Equity Fund, Inc (IAF) Technical Indicators

2026-05-08

Name	Value
Relative Strength Index (RSI)	53.87
Stochastic Oscillator	73.44
Stochastic RSI	62.89
Commodity Channel Index (CCI)	38.79
Awesome Oscillator	0.29
Momentum	0.31
MACD	0.06

abrdn Australia Equity Fund, Inc (IAF) Relative Strength Index (RSI) is 53.87, creating a Neutral signal.

abrdn Australia Equity Fund, Inc (IAF) Stochastic Oscillator is 73.44, creating a Neutral signal.

abrdn Australia Equity Fund, Inc (IAF) Stochastic RSI is 62.89, creating a Neutral signal.

abrdn Australia Equity Fund, Inc (IAF) Commodity Channel Index (CCI) is 38.79, creating a Neutral signal.

abrdn Australia Equity Fund, Inc (IAF) Awesome Oscillator is 0.29, creating a Buy signal.

abrdn Australia Equity Fund, Inc (IAF) Momentum is 0.31, creating a Buy signal.

abrdn Australia Equity Fund, Inc (IAF) MACD is 0.06, creating a Buy signal.

abrdn Australia Equity Fund, Inc (IAF) Moving Average

2026-05-08

Period	Simple	Signal
5-Day	12.93	Buy
10-Day	12.82	Buy
20-Day	12.9	Buy
60-Day	12.95	Buy
200-Day	13.3	Sell
250-Day	13.29	Sell

abrdn Australia Equity Fund, Inc (IAF) 5-Day simple moving average is 12.93, while abrdn Australia Equity Fund, Inc (IAF) share price is $12.98, making it Buy.

abrdn Australia Equity Fund, Inc (IAF) 10-Day simple moving average is 12.82, while abrdn Australia Equity Fund, Inc (IAF) share price is $12.98, making it Buy.

abrdn Australia Equity Fund, Inc (IAF) 20-Day simple moving average is 12.9, while abrdn Australia Equity Fund, Inc (IAF) share price is $12.98, making it Buy.

abrdn Australia Equity Fund, Inc (IAF) 60-Day simple moving average is 12.95, while abrdn Australia Equity Fund, Inc (IAF) share price is $12.98, making it Buy.

abrdn Australia Equity Fund, Inc (IAF) 200-Day simple moving average is 13.3, while abrdn Australia Equity Fund, Inc (IAF) share price is $12.98, making it Sell.

abrdn Australia Equity Fund, Inc (IAF) 250-Day simple moving average is 13.29, while abrdn Australia Equity Fund, Inc (IAF) share price is $12.98, making it Sell.