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

Austal
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Austal: Daily performance is -1.9 % [Downtrend]
Closing Price /
Austal: Daily performance is -1.9 % [Downtrend]

[BEARISH]: Austal current downtrend in the first timeframe. Currently, the Close is $1.815.

Rate of change(14) is increasing for Austal
Rate of Change /
Rate of change(14) is increasing for Austal

ASB: ROC Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BEARISH

Medium Trend /
Austal: Uptrend for the medium term trend is continued

ASB: Medium Term Recent Trading -> (1) 11 Jan: Uptrend (2) 11 Jan: Uptrend (3) 11 Jan: Downtrend

Demarks Pivot Points /
Austal has moved below the S1 DeMark pivot point ($1.81125) [Bearish]

Austal current pivot point (DeMark) is: (R1) $1.833. The current pivot point (DeMark) is: (S1) $1.773.

Sine Weighted Moving Average /
ASB: Price continues to move below the SWMA(5) @$1.856

[BEARISH]: Austal 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 -1.9%.

Chaikin Money Flow /
Chaikin Oscillator crossover confirmed signalling potential entry for Austal

[BULLISH CROSSOVER]: Austal current price has highlighted recent buying pressure and the start of a bullish trading conditions. Currently, the CMF is 0.36. During the quarter, the highest CMF value was 0.48

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High Price /
ASB has achieved a lower high of $1.85 (-3.1 %)

[BEARISH]: Austal current downtrend in the first timeframe. Currently, the HIGH is -3.1 %.

Austal: Detrended Price Oscillator(20) is 0.1005
Detrended Price Oscillator /
Austal: Detrended Price Oscillator(20) is 0.1005

[BULLISH]: Austal currently has a confirmed uptrend. Price is currently above the displaced moving average for ASBCurrently, the return on DPO20 is -1.9%.

The SMA trend following signal is still current for Austal [Bearish]
Simple Moving Average /
The SMA trend following signal is still current for Austal [Bearish]

ASB: SMA(5) Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BULLISH

Opening Price /
Recent trading for Austal has opened -3.9 % lower than previous session

[BEARISH]: Austal opening price has gapped down. Currently, the OPEN is $1.835 (-3.9 %).

Accumulation / Distribution /
Recent trading signals Austal is now being accumulated

[BULLISH CROSSOVER]: Austal current price has highlighted the commencement of accumulation and the start of bullish trading conditions.

Elders Force Index /
[Bullish]: Elders Force Index (3567) confirms buying pressure remains

[BULLISH]: Austal current price has highlighted recent buying pressure. Currently, the Elders Force Index is 3567.

Trend continuation possible for ASB from reduced trading activity
Bill Williams Market Facilitation /
Trend continuation possible for ASB from reduced trading activity

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

A short term Pivot Reversal has formed with Austal
Pivot Reversal /
A short term Pivot Reversal has formed with Austal

[BEARISH]: A short term Pivot Reversal has formed with Austal which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 10 occurrences of this bar reversal giving a signal probability of 3.8%.

Average True Range /
ASB: Average True Range has confirmed an downtrend @0.058

ASB: Average True Range Recent Trading -> (1) 11 Jan: 0.058 (2) 11 Jan: 0.068 (3) 11 Jan: 0.055

Volume Rate of Change /
Negative VROC: Price is lower for Austal than 14 days ago

[BEARISH]: Austal currently has negative rate of change of -72%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.9%.

Low Price /
Weaker price performance from ASB has seen a lower low of -2.5 % [Downtrend]

[BULLISH]: Austal current downtrend in the first timeframe. Currently, the Low is $1.79 (-2.5 %).

Austal: Stoploss for short position should be set between $2.118 & $2.269
Camarilla Pivot Points /
Austal: Stoploss for short position should be set between $2.118 & $2.269

Austal current pivot point Camarilla is: $1.818. The current resistance levels are: (R1) $1.966: (R2) $2.118: (R3) $2.269: (R4) $2.724The current support levels are: (S1) $1.664: (S2) $1.512: (S3) $1.361: (S4) $0.906

Austal: Daily volume is 106323 [Lower Volume]
Volume /
Austal: Daily volume is 106323 [Lower Volume]

[BEARISH]: Austal current volume downtrend in the first timeframe. Volume for ASB is106323 (-71.7).

[Short]: Entry price for ASB should be set @$1.786
Pivot Points /
[Short]: Entry price for ASB should be set @$1.786

Austal has broken the first support point ($1.786) [Bearish]. Look for a short limit order entry near this point. Exit price for ASB should be set @$1.758 & short position stoploss for Austal should be set between $1.878 & $1.906

MACD /
MACD oscillator is now negative for ASB

[BEARISH CROSSOVER]: Austal currently has negative MACD of -0.001000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is 0%.

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

[BEARISH]: Austal UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.668.

Aroon Oscillator /
Austal has signalled an Aroon trend present [Strong Uptrend]

ASB: Aroon Oscillator Recent Trading -> (1) 11 Jan: 76 (2) 11 Jan: 92 (3) 11 Jan: -96

Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Austal

[BULLISH]: Austal current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 1.6815.

Austal is in a short term downtrend with the closing price @$1.815
Weighted Moving Average /
Austal is in a short term downtrend with the closing price @$1.815

ASB: WMA Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BULLISH

Volume for Austal is now gaining momentum @1)
Percentage Volume /
Volume for Austal is now gaining momentum @1)

ASB: PVO Recent Trading -> (1) 11 Jan: 0.95 (2) 11 Jan: -6.52 (3) 11 Jan: 8.63

MACD Volume /
The Volume MACD continues to fall below the signal line for ASB [Bearish]

[BEARISH]: Austal currently has negative Volume MACD of -8268. This means the signal line is less than the Volume MACD line signalling a bearish movement.

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