Technical analysis from Adelaide Brighton (ABC.AX, ASX:ABC.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Adelaide Brighton
+ Share

ABC: Average True Range has confirmed an downtrend @0.095
Average True Range /
ABC: Average True Range has confirmed an downtrend @0.095

[Bearish]: Average True Range has confirmed an downtrend is present. Adelaide Brighton has a TR of 0.07, and an ATR(14) of 0.095.

DPO for ABC has confirmed price is currently above the displaced moving average
Detrended Price Oscillator /
DPO for ABC has confirmed price is currently above the displaced moving average

[BULLISH]: Adelaide Brighton currently has a confirmed uptrend. Price is currently above the displaced moving average for ABC. Currently, the return on DPO20 is 0.4%.

Medium Trend /
Adelaide Brighton: 2nd timeframe trend Uptrend remains intact

[BULLISH]: Adelaide Brighton has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 14 2018.

Exponential Moving Average /
ABC: Price has moved above the EMA(5) @$6.77

[BULLISH]: Adelaide Brighton currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 0.4%.

Sine Weighted Moving Average /
Adelaide Brighton: Sine Weighted Moving Average(5) (6.78)

[BULLISH]: Adelaide Brighton currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.4%.

Accumulation / Distribution /
Adelaide Brighton: Current trading activity signals distribution is present

[BEARISH]: Adelaide Brighton current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -21776.

Top companies for
Australian Stock Exchange
Advertisment
Open Tod Vs Close Tod /
Open/close reversal confirmed for Adelaide Brighton signalling the buyers have taken control

[BULLISH]: Adelaide Brighton opened in the middle part of daily range at 57.1% & closed in the upper part of the trading range at 71.4%. This suggests the buyers have taken control. Over the last 12 months there has been 28 trading days with the opening price in the middle shadow & the closing the price in the upper shadow giving a confirmation ratio of 10.6%. Over the last month there has been 4 trading days with the opening price in the middle price range & the closing the price in the upper price range giving a confirmation ratio of 30.8%.

Adelaide Brighton is still oversold with the Lower Envelope Band @$6.3365
Moving Average Envelope /
Adelaide Brighton is still oversold with the Lower Envelope Band @$6.3365

[BULLISH]: Adelaide Brighton current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 6.3365.

Adelaide Brighton continues positive divergence & potential shift in direction
Chaikin Money Flow /
Adelaide Brighton continues positive divergence & potential shift in direction

ABC: Chaikin Oscillator Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: BULLISH

Aroon Oscillator /
ABC: Aroon oscillator has confirmed an strong uptrend @68

[BULLISH]: Adelaide Brighton has a current ARO(25) of 68. This has change 0 points from yesterday.

Simple Moving Average /
Simple Moving Average(5) signal is confirmed for Adelaide Brighton indicating upward price movement is likely

ABC: SMA(5) Current Signal -> (1) 20 Jun: BULLISH CROSSOVER (2) 19 Jun: BEARISH CROSSOVER (3) 18 Jun: BULLISH

Ease of Movement /
Price moved on high volume to close lower for the day for ABC [Difficult to Move]

ABC: EOM Current Signal -> (1) 20 Jun: BEARISH HARD (2) 19 Jun: BULLISH HARD (3) 18 Jun: BULLISH HARD

Adelaide Brighton: MACD oscillator (0.0063)
MACD /
Adelaide Brighton: MACD oscillator (0.0063)

[BULLISH]: Adelaide Brighton currently has positive MACD of 0.0063. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 2.4%.

Demarks Pivot Points /
Adelaide Brighton has broken the first DeMark resistance point ($6.7775) [Bullish]

Adelaide Brighton has broken the first DeMark resistance point ($6.7775) [Bullish]. Look for a long limit order entry near this point. Exit price for ABC should be set @$6.825 & Stoploss for Adelaide Brighton should be set at $6.755

Percentage Price /
PPO has positive momentum signalling a continuation of upward price rise for ABC

[BULLISH]: Adelaide Brighton currently has positive PPO 0.993%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Triangular Moving Average /
[Bullish]: TMA(5) is serving as a support line for Adelaide Brighton

[BULLISH]: Adelaide Brighton currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.4%.

The WMA trend following signal is now active for Adelaide Brighton [Bullish]
Weighted Moving Average /
The WMA trend following signal is now active for Adelaide Brighton [Bullish]

[BULLISH]: Adelaide Brighton currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.4%.

Recent trading for Adelaide Brighton fell short of the previous price range ($0.07)
Price Range /
Recent trading for Adelaide Brighton fell short of the previous price range ($0.07)

[BEARISH]: Adelaide Brighton current downtrend in the first timeframe. Currently, the Range is $0.07.

14-day volume rate of change is decreasing for Adelaide Brighton
Volume Rate of Change /
14-day volume rate of change is decreasing for Adelaide Brighton

[BEARISH]: Adelaide Brighton currently has negative rate of change of -16%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.4%.

Elders Force Index /
Elders Force Index (23091) has signalled bullish conditions in recent trading for ABC

[BULLISH]: Adelaide Brighton current price has highlighted recent buying pressure. Currently, the Elders Force Index is 23091.

Fibonacci Extensions /
Adelaide Brighton has moved below the 161.8% extension level ($5836.2) [Bullish]

Adelaide Brighton: The current Fibonacci Extension levels are: (23.61%) $0: (38.2%) $0: (50%) $0: (61.8%) $0The current support levels are: (78.6%) $0: (100%) $0: (138.2%) $0: (161.8%) $0: (261.8%) $0: (423.61%) $0

High Price /
Adelaide Brighton: Daily high performance is -1.0 % [Downtrend]

[BEARISH]: Adelaide Brighton current downtrend in the first timeframe. Currently, the HIGH is -1.0 %.

Closing Price /
Close for ABC has surpassed the close of the previous trading session

[BULLISH]: Adelaide Brighton current uptrend in the first timeframe. Currently, the Close is $6.78.

Market conditions are indicating DVI accumulation is current for ABC
Daily Volume Index /
Market conditions are indicating DVI accumulation is current for ABC

[BULLISH]: Adelaide Brighton current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 1150.

Adelaide Brighton: Daily opening performance is -1.2 % [Uptrend]
Opening Price /
Adelaide Brighton: Daily opening performance is -1.2 % [Uptrend]

[BULLISH]: Adelaide Brighton opening price has gapped up. Currently, the OPEN is $6.77 (-1.2 %).

Close Tod Vs Range Tod /
Daily trading for ABC indicated buyers are now in control

[BULLISH]: Adelaide Brighton buyers are in control at the market close. This is the first day of buyer commitment for Adelaide Brighton adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 110 trading days with the closing price in the upper part of the range giving a confirmation ratio of 41.8%. Over the last month there has been 8 trading days with the closing price in the upper range giving a confirmation ratio of 61.5%. Currently this quarter, closing price has spent 25 days in the upper price range compared to 14 days in the lower range giving a ratio of 1.8x.

See More   See more results
Advertisment
Advertisment
back to top