Technical analysis from Altura Mining (AJM.AX.AX, ASX:AJM.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Altura Mining
+ Share

AJM: Current trading activity signals DVI distribution is active
Daily Volume Index /
AJM: Current trading activity signals DVI distribution is active

[BEARISH]: Altura Mining current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -28682.0000.

5-day momentum is increasing for Altura Mining
Momentum /
5-day momentum is increasing for Altura Mining

AJM: MOM Recent Trading -> (1) 20 Apr: 0.0200 (2) 19 Apr: 0.0100 (3) 18 Apr: -0.0100

Long Trend /
Daily bar has maintained 3rd timeframe Uptrend for AJM

[BULLISH]: Altura Mining is in an uptrend in the medium term timeframe. The current rally number is 31 & the highest rally count for the LTM is 31. The highest rally for the month is 15

Weighted Moving Average /
The WMA trend following signal is still current for Altura Mining [Bullish]

[BULLISH]: Altura Mining 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 0.0%.

Exponential Moving Average /
The EMA trend following signal is still current for Altura Mining [Bullish]

[BULLISH]: Altura Mining 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 0.0%.

Fibonacci Extensions /
Altura Mining has broken below the 161.8% extension level ($3.8500) [Bullish]

Altura Mining has moved below the 161.8% level ($3.8500) [Bullish]. Look for a long limit order entry near this point. Exit price for AJM should be set @$3.5300 & Stoploss for Altura Mining should be set at $4.1700

Top companies for
Australian Stock Exchange
Advertisment
Close Tod Vs Range Tod /
Altura Mining: Buyers are in control at the market close.

[BULLISH]: Altura Mining buyers are in control at the market close. This is the first day of buyer commitment for Altura Mining 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 62 trading days with the closing price in the upper part of the range giving a confirmation ratio of 23.6%. Over the last month there has been 1 trading day with the closing price in the upper range giving a confirmation ratio of 6.7%. Currently this quarter, closing price has spent 1 day in the upper price range compared to 7 days in the lower range giving a ratio of 0.1x.

Altura Mining has signalled an Average Directional Index weak trend present
Average Directional Movement /
Altura Mining has signalled an Average Directional Index weak trend present

[Weak Trend]: ADX for AJM has confirmed a weak trend is presentAltura Mining has an ATR(14) of 0.0180, a DX of 10.9600 & an ADX(14) of 21.0300

Distribution still active for Altura Mining
Accumulation / Distribution /
Distribution still active for Altura Mining

[BEARISH]: Altura Mining current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -36292437.0000. day.

Moving Average Envelope /
Oversold signal continues for Altura Mining indicating upward price movement is likely

[BULLISH]: Altura Mining current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 0.3705.

Ulcer Index /
Ulcer index has increased in stress level & high drawdown is expected for Altura Mining

AJM: UIX Current Signal -> (1) 20 Apr: High stress (2) 19 Apr: High stress (3) 18 Apr: High stress

Open Tod Vs Close Tod /
Altura Mining opened in the upper part of daily range at 100.000000000000000% & closed in the middle part of the trading range at 66.700000000000000%. This suggests the sellers have lost commitment.

[BEARISH WEAK]: Altura Mining opened in the upper part of daily range at 100.000000000000000% & closed in the middle part of the trading range at 66.700000000000000%. This suggests the sellers have lost commitment. Over the last 12 months there has been 37 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 14.1%. Over the last month there has been 3 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 20%.

Altura Mining has reached a new low of $0.3750 (1.4 %)
Low Price /
Altura Mining has reached a new low of $0.3750 (1.4 %)

[BEARISH]: Altura Mining current uptrend in the first timeframe. Currently, the Low is $0.3750 (1.4 %).

[Bullish]: Recent trading has driven price above the consensus of value for AJM
Elder Ray Index /
[Bullish]: Recent trading has driven price above the consensus of value for AJM

[BULLISH]: Altura MiningElder Ray Index is signalling a Bullish movementERI is 0.0070 indicating bull power. Prices are being driven above the consensus of value for AJM during the last trading session [Buying Pressure]

MACD /
MACD oscillator remains negative for AJM

AJM: MACD Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH

Demarks Pivot Points /
Stoploss for Altura Mining should be set between $0.3780

Altura Mining has broken the first DeMark support point ($0.3838) [Bearish]. Look for a short limit order entry near this point. Exit price for AJM should be set @$0.3780 & short position stoploss for Altura Mining should be set at $0.3930

Simple Moving Average /
[Uptrend]: Recent trading for AJM indicates ST trend is likely to continue

[BEARISH]: Altura Mining currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.0%.

Bill Williams Profanity has signalled a Fake Day for Altura Mining
Bill Williams Market Facilitation /
Bill Williams Profanity has signalled a Fake Day for Altura Mining

AJM: BWMF Recent Trading -> (1) 20 Apr: Fake Day (2) 19 Apr: Squat Day (3) 18 Apr: Fade Day

Altura Mining: Direction, extent & volume have decreased in recent trading [Selling Pressure]
Elders Force Index /
Altura Mining: Direction, extent & volume have decreased in recent trading [Selling Pressure]

[BEARISH]: Altura Mining current price has highlighted recent selling pressure. Currently, the Elders Force Index is -6081.0000.

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

[BULLISH]: Altura Mining 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 0.0%.

Volume /
[Bearish]: Lower volume has formed for AJM by -78.1 during the last trading session

AJM: VOLUME Recent Trading -> (1) 20 Apr: 1160434 (2) 19 Apr: 5305961 (3) 18 Apr: 1996120

Short Black Candle /
AJM Basic Candle: Short Black

[BEARISH]: Altura Mining has formed a Short Black candlestick. This means, AJM has limited price movement derived from weak selling pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Medium Trend /
Altura Mining has maintained the 2nd timeframe trend [Downtrend]

[BEARISH]: Altura Mining has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Apr 5 2018.

MACD Volume /
Volume MACD for Altura Mining continues to lose momentum @-555478.0000

AJM: Volume MACD Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH

[Downtrend]: Price for Altura Mining is currently below the displaced moving average
Detrended Price Oscillator /
[Downtrend]: Price for Altura Mining is currently below the displaced moving average

[BEARISH]: Altura Mining currently has a confirmed downtrend. Price is currently below the displaced moving average for AJMCurrently, the return on DPO20 is 0.0%.

Percentage volume oscillator remains negative for AJM
Percentage Volume /
Percentage volume oscillator remains negative for AJM

[BEARISH]: Altura Mining currently has negative PVO -13.7000%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 4.1%.

High Price /
High for AJM has not surpassed the high of the previous trading session

[BEARISH]: Altura Mining current downtrend in the first timeframe. Currently, the HIGH is -1.3 %.

See More   See more results
Advertisment
Advertisment
back to top