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

Arena Reit
+ Share

Daily trading has confirmed an ADX strong trend (33.42) for Arena Reit
Average Directional Movement /
Daily trading has confirmed an ADX strong trend (33.42) for Arena Reit

[Trend]: ADX for ARF has confirmed a strong trend is presentArena Reit has an ATR(14) of 0.067, a DX of 16.46 & an ADX(14) of 33.42

Arena Reit: Over the last 12 months there has been 23 trading days giving a confirmation ratio of 8.7%.
Open Tod Vs Close Tod /
Arena Reit: Over the last 12 months there has been 23 trading days giving a confirmation ratio of 8.7%.

[BEARISH]: Arena Reit opened in the middle part of daily range at 40% & closed in the lower part of the trading range at 10%. This suggests the sellers have taken control. Over the last 12 months there has been 23 trading days with the opening price in the middle shadow & the closing the price in the lower shadow giving a confirmation ratio of 8.7%. Over the last month there has been 1 trading days with the opening price in the middle price range & the closing the price in the lower price range giving a confirmation ratio of 12.5%.

Long Trend /
Arena Reit: 3rd timeframe trend Uptrend remains intact

[BULLISH]: Arena Reit is in an uptrend in the medium term timeframe. The current rally number is 10 & the highest rally count for the LTM is 10. The highest rally for the month is 8

Volume Rate of Change /
14-day volume rate of change is increasing for Arena Reit

[BULLISH]: Arena Reit currently has positive volume of change of 277%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -1.3%.

Medium Trend /
Arena Reit: Medium term trend (Uptrend)

[BULLISH]: Arena Reit has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Dec 6 2017.

Fibonacci Extensions /
Arena Reit has moved above the 161.8% extension level ($0) [Bearish]

Arena Reit has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for ARF should be set @$0 & short position stoploss for Arena Reit should be set at $0

Top companies for
Australian Stock Exchange
Advertisment
Ulcer Index /
Ulcer index has fallen as the price rises for Arena Reit

[BEARISH]: Arena Reit UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.299.

Arena Reit has broken the first support point ($2.264) [Bearish]
Pivot Points /
Arena Reit has broken the first support point ($2.264) [Bearish]

Arena Reit current pivot point is: 2.327. The current resistance levels are: (R1) $2.364: (R2) $2.427: (R3) $2.464: The current support levels are: (S1) $2.264: (S2) $2.227: (S3) $2.164

Exponential Moving Average(5) signal continues for Arena Reit indicating downward price movement is likely
Exponential Moving Average /
Exponential Moving Average(5) signal continues for Arena Reit indicating downward price movement is likely

[BEARISH]: Arena Reit 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 -1.3%.

Weighted Moving Average /
The WMA trend following signal is still current for Arena Reit [Bearish]

[BEARISH]: Arena Reit 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 -1.3%.

Fibonacci Retracements /
Arena Reit has yet to break the 61.8% retracement level ($0) [Bullish]

Arena Reit is still above the 61.8% retracement level ($0) [Bullish]. Look for a long limit order entry near this point. Exit price for ARF should be set @$7.97 & Stoploss for Arena Reit should be set between $7.66

Percentage Price /
Signal line is still above the EMA for Arena Reit producing positive momentum

[BULLISH]: Arena Reit currently has positive PPO 0.300%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Arena Reit was difficult to move downward due to high volume in recent trading [Bearish]
Ease of Movement /
Arena Reit was difficult to move downward due to high volume in recent trading [Bearish]

ARF: EOM Current Signal -> (1) 12 Dec: BEARISH HARD (2) 11 Dec: BEARISH HARD (3) 08 Dec: BULLISH HARD

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

[BEARISH]: Arena Reit currently has a confirmed downtrend. Price is currently below the displaced moving average for ARFCurrently, the return on DPO20 is -1.3%.

Rate of Change /
Rate of change(14) is decreasing for Arena Reit

[BEARISH]: Arena Reit currently has negative rate of change of -4.2%. 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

Demarks Pivot Points /
Limit order for a long position has been identified for Arena Reit [Bullish]

Arena Reit has broken the first DeMark resistance point ($2.3175) [Bullish]. Look for a long limit order entry near this point. Exit price for ARF should be set @$2.345 & Stoploss for Arena Reit should be set at $2.245

Close Tod Vs Close Yest /
Sellers continue to be keener than buyers for Arena Reit & are driving the price down.

[BEARISH]: Arena Reitsellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for ARF adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -4.9 & the greatest daily negative change this year has been -4.9. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -7.3%. This quarter, the largest downswing rally has been 4 days giving a total rally downward movement of -7.3%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.2x. Over the last month the average daily downward movement has been -1.9%

Arena Reit: Daily price range is $0.1 [Uptrend]
Price Range /
Arena Reit: Daily price range is $0.1 [Uptrend]

ARF: Price Range Current Signal -> (1) 12 Dec: NEUTRAL (2) 11 Dec: BULLISH (3) 08 Dec: BEARISH

CMF signal weak & within zero line tolerance for ARF
Chaikin Money Flow /
CMF signal weak & within zero line tolerance for ARF

ARF: Chaikin Oscillator Current Signal -> (1) 12 Dec: NEUTRAL (2) 11 Dec: BULLISH (3) 08 Dec: BULLISH

[Bullish]: Arena Reit has opened -2.9 % stronger
Opening Price /
[Bullish]: Arena Reit has opened -2.9 % stronger

ARF: OPEN Current Signal -> (1) 12 Dec: NEUTRAL (2) 11 Dec: NEUTRAL (3) 08 Dec: NEUTRAL

Elder Ray Index /
Buying pressure for ARF highlights ability of buyers to drive the price upwards

[BEARISH]: Arena ReitElder Ray Index is signalling a Bearish movementERI is -0.087 indicating bear power. Prices are being driven below the consensus of value for ARF during the last trading session [Selling Pressure]

Accumulation / Distribution /
ARF: Current trading activity signals distribution is confirmed

[BEARISH CROSSOVER]: Arena Reit current price has highlighted the commencement of distribution and the start of bearish trading conditions.

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

[BEARISH]: Arena Reit current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 2.4885.

Closing Price /
Close for ARF has not surpassed the close of the previous trading session

[BEARISH]: Arena Reit current downtrend in the first timeframe. Currently, the Close is $2.3.

ARF Basic Candle: Black
Black Candle /
ARF Basic Candle: Black

ARF: Basic Candlestick Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BEARISH (3) 08 Dec: BULLISH

Long positions for Arena Reit should be set between $0 & $7.97
Fibonacci Fans /
Long positions for Arena Reit should be set between $0 & $7.97

Arena Reit is still above the 61.8% retracement level ($0) [Bullish]. Look for a long limit order entry near this point. Exit price for ARF should be set @$7.97 & Stoploss for Arena Reit should be set between $7.66

Aroon Oscillator /
[Downtrend]: Aroon oscillator (-36) downtrend has been confirmed for ARF

[BEARISH]: Arena Reit has a current ARO(25) of -36. This has change -96 points from yesterday.

See More   See more results
Advertisment
Advertisment
back to top