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

Allomak
+ Share

Ulcer index has reduced in stress level for AMA & low drawdown is expected
Ulcer Index /
Ulcer index has reduced in stress level for AMA & low drawdown is expected

AMA: UIX Current Signal -> (1) 21 Jun: Low stress (2) 20 Jun: Low stress (3) 19 Jun: Low stress

AMA: Current trading activity signals distribution is active
Accumulation / Distribution /
AMA: Current trading activity signals distribution is active

[BEARISH]: Allomak current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1.95842e+006.

Moving Average Envelope /
Envelope bands Oversold signal is still current for Allomak [Bullish]

[BULLISH]: Allomak current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 0.9215.

On Balance Volume /
Traders are currently accumulating Allomak

[BULLISH]: Allomak current price has highlighted recent accumulation. Currently, the OBV is 3.04749e+006.

Sine Weighted Moving Average /
Allomak: Closing price $0.98 is above the SWMA(5) @$0.97

[BULLISH]: Allomak 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 2.1%.

Percentage Price /
The current price is still losing momentum through a fall for AMA on the short term EMA.

[BEARISH]: Allomak currently has negative PPO -0.365%. This means the current price is losing momentum through a fall on the short term exponential moving average.

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Chaikin Money Flow /
Allomak: Positive divergence confirmed from CMF Crossover

[BULLISH CROSSOVER]: Allomak current price has highlighted recent buying pressure and the start of a bullish trading conditions. Currently, the CMF is 0.15. During the quarter, the highest CMF value was 0.15 occurring on the Jun 20 2018.

Closing price for AMA ($0.98) signals buyers are now keener than sellers
Close Tod Vs Close Yest /
Closing price for AMA ($0.98) signals buyers are now keener than sellers

[BULLISH]: Allomakbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for AMA adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 2.1 & the greatest daily positive change this year has been 4.8. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 8.9%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 3.7%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1x. Over the last month the average daily upward movement has been 1.100000%

Allomak has broken below the 161.8% extension level ($26.83) [Bullish]
Fibonacci Extensions /
Allomak has broken below the 161.8% extension level ($26.83) [Bullish]

Allomak has moved below the 161.8% level ($26.83) [Bullish]. Look for a long limit order entry near this point. Exit price for AMA should be set @$21.07 & Stoploss for Allomak should be set at $32.59

Demarks Pivot Points /
Allomak has broken the first DeMark resistance point ($0.9735) [Bullish]

Allomak has broken the first DeMark resistance point ($0.9735) [Bullish]. Look for a long limit order entry near this point. Exit price for AMA should be set @$0.997 & Stoploss for Allomak should be set at $0.965

High Price /
Allomak has reached a new high of $0.982 (1.2 %)

[BULLISH]: Allomak current uptrend in the first timeframe. Currently, the HIGH is 1.2 %.

MACD /
Allomak: MACD oscillator (0.0034)

[BULLISH]: Allomak currently has positive MACD of 0.0034. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 2.2%.

Bullish conditions for AMA are likely to continue based on EFI (2822)
Elders Force Index /
Bullish conditions for AMA are likely to continue based on EFI (2822)

[BULLISH]: Allomak current price has highlighted recent buying pressure. Currently, the Elders Force Index is 2822.

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

[BULLISH]: Allomak currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 2.1%.

MACD Volume /
Volume MACD oscillator remains positive for AMA

[BULLISH]: Allomak currently has positive Volume MACD of 82635. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Average True Range /
[Uptrend]: Average True Range (0.015) uptrend has been confirmed for AMA

AMA: Average True Range Recent Trading -> (1) 21 Jun: 0.015 (2) 20 Jun: 0.014 (3) 19 Jun: 0.014

Triangular Moving Average /
Triangular Moving Average(5) signal is confirmed for Allomak indicating upward price movement is likely

[BULLISH]: Allomak 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 2.1%.

Percentage volume oscillator is now positive for AMA
Percentage Volume /
Percentage volume oscillator is now positive for AMA

[BULLISH CROSSOVER]: Allomak currently has positive PVO 11.96%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.

[Uptrend]: Recent trading for AMA confirms bullish EMA(5) signal
Exponential Moving Average /
[Uptrend]: Recent trading for AMA confirms bullish EMA(5) signal

[BULLISH]: Allomak 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 2.1%.

Daily Volume Index /
Allomak: Confirmation of stock accumulation

[BULLISH]: Allomak current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 1048.

Long White Candle /
AMA Basic Candle: Long White

[BULLISH]: Allomak has formed a Long White candlestick. This means, AMA has traded with strong buying pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Volume /
Allomak: Daily volume performance is 1068.6 [Uptrend]

[BULLISH]: Allomak current volume uptrend in the first timeframe. Volume for AMA is 1.49355e+006 (1068.6).

Open Tod Vs Close Tod /
Open/close reversal: Buyers were in control of trading all day for AMA

[BULLISH STRONG]: Allomak opened in the lower part of daily range at 31.3% & closed in the upper part of the trading range at 93.8%. This suggests the buyers were in control all day. Over the last 12 months there has been 30 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 11.4%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 14.3%.

Allomak: Momentum(5)
Momentum /
Allomak: Momentum(5)

[BULLISH]: Allomak currently has positive momentum of 0.02. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 2.1%. The largest upward momentum rally for the last 3 months is 6 days producing a return of 2.2%.

Bullish trading conditions for Allomak has initiated a bullish crossover from the DPO (0.0078)
Detrended Price Oscillator /
Bullish trading conditions for Allomak has initiated a bullish crossover from the DPO (0.0078)

[BULLISH]: Allomak currently has a confirmed uptrend. Price is currently above the displaced moving average for AMA. Currently, the return on DPO20 is 2.1%.

Coles Reaction Day /
Allomak: Coles reaction day has been confirmed

Allomak: Coles Reaction Day has been confirmed A lower low has been achieved for last trading day for AMA

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