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

Argo Investments
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Argo Investments is in a short term uptrend with the support price @$7.965
Sine Weighted Moving Average /
Argo Investments is in a short term uptrend with the support price @$7.965

[BULLISH]: Argo Investments 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 0.1%.

Argo Investments: Weighted Moving Average(5) (7.978)
Weighted Moving Average /
Argo Investments: Weighted Moving Average(5) (7.978)

[BULLISH]: Argo Investments 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 0.1%.

MACD Volume /
Argo Investments: Volume MACD oscillator (14233)

[BULLISH]: Argo Investments currently has positive Volume MACD of 14233. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Percentage Price /
Argo Investments: Price Percentage Oscillator (0.399)

[BULLISH]: Argo Investments currently has positive PPO 0.399%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Williams %R /
[Bearish]: Argo Investments current trading has maintained the William %R to Overbought status

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

Daily Volume Index /
Argo Investments is being actively accumulated based on DVI

[BULLISH]: Argo Investments current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 139.

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White Candle /
ARG Basic Candle: White

[BULLISH]: Argo Investments has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

Argo Investments has reached a new low of $7.97 (0.5 %)
Low Price /
Argo Investments has reached a new low of $7.97 (0.5 %)

[BEARISH]: Argo Investments current uptrend in the first timeframe. Currently, the Low is $7.97 (0.5 %).

Argo Investments Ease of Movement is 0.211 [Difficult to Move]
Ease of Movement /
Argo Investments Ease of Movement is 0.211 [Difficult to Move]

[BULLISH]: Argo Investments current price have moved upwards on high volume. Currently, the Ease of Movement is 0.211

Percentage Volume /
Positive momentum on volume for ARG is maintained & supports a bullish move is likely

[BULLISH]: Argo Investments currently has positive PVO 12.89%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0.3%.

White Soldiers /
Argo Investments: Advancing White Soldiers

[BULLISH]: Argo Investments has formed a new Advancing White Soldiers pattern.

Price Range /
Argo Investments: Daily price range is 0.03 [Downtrend]

[BEARISH]: Argo Investments current downtrend in the first timeframe. Currently, the Range is $0.03.

Argo Investments: Accumulation Distribution Line (741628)
Accumulation / Distribution /
Argo Investments: Accumulation Distribution Line (741628)

[BULLISH]: Argo Investments current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 741628.

Overbought signal for the Stochastic Oscillator is still current for Argo Investments
Stochastic Oscillator /
Overbought signal for the Stochastic Oscillator is still current for Argo Investments

[BEARISH]: Argo Investments is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Fibonacci Extensions /
[Short]: Exit price for ARG should be set @$0.95

Argo Investments has moved above the 161.8% level ($0.9) [Bearish]. Look for a short limit order entry near this point. Exit price for ARG should be set @$0.95 & short position stoploss for Argo Investments should be set at $0.86

Volume /
Argo Investments: Daily volume is 284452 [Higher Volume]

ARG: VOLUME Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BEARISH

Closing Price /
Argo Investments: Daily performance is 0.1 % [Uptrend]

[BULLISH]: Argo Investments current uptrend in the first timeframe. Currently, the Close is $8.

Price continues to trade above the Triangular Moving Average(5) for ARG
Triangular Moving Average /
Price continues to trade above the Triangular Moving Average(5) for ARG

[BULLISH]: Argo Investments 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 0.1%.

[Bullish]: Elders Force Index (3291) confirms buying pressure remains
Elders Force Index /
[Bullish]: Elders Force Index (3291) confirms buying pressure remains

ARG: Elders Force Index Recent Trading -> (1) 19 Jun: 3291 (2) 18 Jun: 3072 (3) 15 Jun: 2088

[Uptrend]: Aroon oscillator @32 has confirmed an uptrend for ARG
Aroon Oscillator /
[Uptrend]: Aroon oscillator @32 has confirmed an uptrend for ARG

[BULLISH]: Argo Investments has a current ARO(25) of 32. This has change 4 points from yesterday.

Close Tod Vs Close Yest /
Daily trading performance for ARG has continued a short term uptrend

[BULLISH]: Argo Investmentsbuyers are keener than sellers and are driving the price up. There has been 4 consecutive days of price rise for ARG adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 1.4 & the greatest daily positive change this year has been 2.1. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 3%. This quarter, the largest upswing rally has been 5 days giving a total rally upward movement of 3%. 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 0.500000%

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

[BULLISH]: Argo Investments 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 0.1%.

Commodity Channel Index /
Potential CCI trend reversal has been identified with Argo Investments

[BEARISH]: Argo Investments current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 141. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 319.

Open Tod Vs Close Tod /
ARG: Over the last 12 months there has been 26 trading days with the opening price in the middle shadow & the closing the price in the upper shadow

ARG: Open today versus close yesterday Current Signal ->(1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: NEUTRAL

Argo Investments currently has positive momentum of 0.05
Momentum /
Argo Investments currently has positive momentum of 0.05

[BULLISH]: Argo Investments currently has positive momentum of 0.05. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.1%. The largest upward momentum rally for the last 3 months is 9 days producing a return of 2.4%.

ARG: Medium term trend is still an Uptrend
Medium Trend /
ARG: Medium term trend is still an Uptrend

[BULLISH]: Argo Investments has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 13 2018.

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

[BULLISH]: Argo Investments 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 0.1%.

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