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

Australian Pharmaceutical
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Accumulation OBV signal for Australian Pharmaceutical is confirmed
On Balance Volume /
Accumulation OBV signal for Australian Pharmaceutical is confirmed

[BULLISH]: Australian Pharmaceutical current price has highlighted recent accumulation. Currently, the OBV is 7.87285e+006.

[Bearish]: Australian Pharmaceutical currently has negative MACD histogram -0.024000
MACD /
[Bearish]: Australian Pharmaceutical currently has negative MACD histogram -0.024000

API: MACD Recent Trading -> (1) 11 Jan: -0.023800 (2) 11 Jan: -0.008100 (3) 11 Jan: -0.002400

Closing Price /
Australian Pharmaceutical has failed to achieve a higher close of $1.555 (-0.6 %)

[BEARISH]: Australian Pharmaceutical current downtrend in the first timeframe. Currently, the Close is $1.555.

Momentum /
Negative momentum confirmation for Australian Pharmaceutical is a leading indicator for continued price falls

[BEARISH CROSSOVER]: Australian Pharmaceutical currently has negative momentum of -0.14 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.6%.The largest downward momentum rally for the last 3 months is 4 days producing a return of -7.9%%.

Accumulation / Distribution /
Accumulation still active for Australian Pharmaceutical

[BULLISH]: Australian Pharmaceutical current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Bill Williams Market Facilitation /
The markets willingness to move the price is likely to continue for API

Australian Pharmaceutical Currently is a confirmed Fake Day. MFI indicator is up, volume is down for API. Trend continuation possible for API from reduced trading activity.

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Volume Rate of Change /
Volume rate of change(14) is now decreasing for Australian Pharmaceutical

[BEARISH CROSSOVER]: Australian Pharmaceutical currently has negative rate of change of -13%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -0.6%.

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

[BEARISH]: Australian Pharmaceutical current price has highlighted recent selling pressure. Currently, the Elders Force Index is -29227.

Strong opening from API has seen an increase of 0.6 % [Uptrend]
Opening Price /
Strong opening from API has seen an increase of 0.6 % [Uptrend]

API: OPEN Current Signal -> (1) 11 Jan: NEUTRAL (2) 10 Jan: NEUTRAL (3) 09 Jan: NEUTRAL

Rate of Change /
Australian Pharmaceutical: Rate of Change (-6.886)

[BEARISH CROSSOVER]: Australian Pharmaceutical currently has negative rate of change of -6.9%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Weighted Moving Average /
Weighted Moving Average(5) signal is confirmed for Australian Pharmaceutical indicating downward price movement is likely

[BEARISH]: Australian Pharmaceutical currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.6%.

Percentage Price /
Signal line is still above the EMA for Australian Pharmaceutical producing positive momentum

[BULLISH]: Australian Pharmaceutical currently has positive PPO 0.200%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Australian Pharmaceutical has broken below the 161.8% extension level ($3.27) [Bullish]
Fibonacci Extensions /
Australian Pharmaceutical has broken below the 161.8% extension level ($3.27) [Bullish]

Australian Pharmaceutical has moved below the 161.8% level ($3.27) [Bullish]. Look for a long limit order entry near this point. Exit price for API should be set @$2.92 & Stoploss for Australian Pharmaceutical should be set at $3.62

Ulcer index has fallen as the price rises for Australian Pharmaceutical
Ulcer Index /
Ulcer index has fallen as the price rises for Australian Pharmaceutical

[BEARISH]: Australian Pharmaceutical UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.843.

Stochastic Oscillator /
Australian Pharmaceutical is now oversold with the Stochastic Oscillator @13.7

[BULLISH]: Australian Pharmaceutical is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Simple Moving Average /
API: Price has moved below the SMA(5) @$1.6

[BULLISH]: Australian Pharmaceutical 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 -0.6%.

Moving Average Envelope /
Closing price for API has crossed below the lower envelope triggering a bullish crossover signal

[BULLISH CROSSOVER]: Australian Pharmaceutical current price has driven Envelope Bands to become oversold signalling the start of bullish trading conditions. Currently, the Lower Band is 1.5580.

Australian Pharmaceutical: Sellers are still becoming less eager.
Range Tod Vs Range Yest /
Australian Pharmaceutical: Sellers are still becoming less eager.

[WEAK BULLISH]: Australian Pharmaceuticalsellers are becoming less eager. There has been 2 consecutive days of range increase for API reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.168 & the greatest daily price range this year has been $0.168. The price range ratio this week versus the quarterly price range is 0.9x & the price range ratio this month versus the year to date price range is 1x.

Second timeframe trend of Australian Pharmaceutical remains as an Uptrend
Medium Trend /
Second timeframe trend of Australian Pharmaceutical remains as an Uptrend

[BULLISH]: Australian Pharmaceutical has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jan 3 2018.

[Short]: Limit orders for Australian Pharmaceutical should be set at $1.544
Woodie Pivot Point /
[Short]: Limit orders for Australian Pharmaceutical should be set at $1.544

Australian Pharmaceutical has broken the first Woodie support point ($1.544) [Bearish]. Look for a short limit order entry near this point. Exit price for API should be set @$1.537 & short position stoploss for Australian Pharmaceutical should be set at $1.577

Black Candle /
API Basic Candle: Black

[BEARISH]: Australian Pharmaceutical has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Triangular Moving Average /
The TMA trend following signal is now active for Australian Pharmaceutical [Bearish]

[BEARISH]: Australian Pharmaceutical currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.6%.

Sine Weighted Moving Average /
The SWMA trend following signal is now active for Australian Pharmaceutical [Bearish]

[BEARISH]: Australian Pharmaceutical currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.6%.

Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for Australian Pharmaceutical

[BEARISH]: Australian Pharmaceutical currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.6%.

Positive momentum on the volume MACD histogram for API is maintained & supports a bullish move is likely
MACD Volume /
Positive momentum on the volume MACD histogram for API is maintained & supports a bullish move is likely

[BULLISH]: Australian Pharmaceutical currently has positive Volume MACD of 203815. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Percentage Volume /
Percentage volume oscillator remains positive for API

[BULLISH]: Australian Pharmaceutical currently has positive PVO 2.3%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.

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