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

Autosports
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Autosports  has initiated a positive volume rate of change of 116
Volume Rate of Change /
Autosports has initiated a positive volume rate of change of 116

[BULLISH CROSSOVER]: Autosports currently has positive volume of change of 116%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.5%.

Black Marubozu /
ASG Basic Candle: Black Marubozu

[BEARISH]: Autosports has formed a Black Marubozu candlestick. This means, ASG has received strong selling confidence and downward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Woodie Pivot Point /
Autosports has broken the first Woodie resistance point ($2.014) [Bullish]

Autosports has broken the first Woodie resistance point ($2.014) [Bullish]. Look for a long limit order entry near this point. Exit price for ASG should be set @$2.022 & Stoploss for Autosports should be set at $2.002

Elder Ray Index /
[Bearish]: Elder Ray Index is -0.031 indicating bear power

[BEARISH]: Autosports Elder Ray Index is signalling a Bearish movementERI is -0.031 indicating bear power. Prices are being driven below the consensus of value for ASG during the last trading session [Selling Pressure]

Volume /
Volume for ASG has surpassed the volume of the previous trading session

[BULLISH]: Autosports current volume uptrend in the first timeframe. Volume for ASG is19105 (802.5).

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Sine Weighted Moving Average /
Autosports is in a short term downtrend with the closing price @$2.01

[BEARISH]: Autosports 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 -0.5%.

Autosports : Range Performance (0)
Range Tod Vs Range Yest /
Autosports : Range Performance (0)

[BEARISH]: Autosports sellers are increasingly eager. This is the first day sellers have increasing eagerness for ASG adding strength to a downtrend in the first timeframe. The biggest price range this month has been $0.21 & the greatest daily price range this year has been $0.35. The price range ratio this week versus the quarterly price range is 0.7x & the price range ratio this month versus the year to date price range is 0.6x.

[Downtrend]: Aroon oscillator @-40 has confirmed a downtrend for ASG
Aroon Oscillator /
[Downtrend]: Aroon oscillator @-40 has confirmed a downtrend for ASG

[BEARISH]: Autosports has a current ARO(25) of -40. This has change 0 points from yesterday.

Percentage Price /
PPO has negative momentum signalling a continuation of downward price fall for ASG

[BEARISH]: Autosports currently has negative PPO -0.300%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Medium Trend /
Autosports : 2nd timeframe trend Downtrend remains intact

[BEARISH]: Autosports has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Feb 14 2018.

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

[BEARISH]: Autosports current distribution has given weakness to the share price and the continuation of bearish trading conditions.

[Bullish]: Elders Force Index (22) confirms buying pressure remains
Elders Force Index /
[Bullish]: Elders Force Index (22) confirms buying pressure remains

[BULLISH]: Autosports current price has highlighted recent buying pressure. Currently, the Elders Force Index is 22.

Autosports : Bear Belt-Hold
Bear Belt-Hold /
Autosports : Bear Belt-Hold

[BEARISH]: Autosports has formed a new Bear Belt-Hold reversal pattern.

Opening Price /
Autosports opening price of $2.02 (0 %)

ASG: OPEN Current Signal -> (1) 16 Feb: NEUTRAL (2) 15 Feb: BEARISH (3) 14 Feb: NEUTRAL

Daily Volume Index /
Distribution DVI signal for Autosports is confirmed

[BEARISH]: Autosports current distribution has given weakness to the share price and the continuation of bearish trading conditions.

Chaikin Money Flow /
CMF has negative divergence between price and volume

[BEARISH]: Autosports current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.29. The bearish signal has been active for 1 day. During the quarter, the lowest CMF value was -0.35

Autosports  has broken below the 61.8% retracement fan level ($2.18) [Bearish]
Fibonacci Fans /
Autosports has broken below the 61.8% retracement fan level ($2.18) [Bearish]

Autosports has moved below the 61.8% retracement level ($2.18) [Bearish]. Look for a short limit order entry near this point. Exit price for ASG should be set @$1.72 & short position stoploss for Autosports should be set between $1.775

Recent trading for Autosports  fell short of the previous low by -0.5 %
Low Price /
Recent trading for Autosports fell short of the previous low by -0.5 %

ASG: LOW Current Signal -> (1) 16 Feb: BEARISH (2) 15 Feb: BEARISH (3) 14 Feb: BULLISH

Weaker price performance from ASG has seen a lower close of -0.5 % [Downtrend]
Closing Price /
Weaker price performance from ASG has seen a lower close of -0.5 % [Downtrend]

[BEARISH]: Autosports current downtrend in the first timeframe. Currently, the Close is $2.01.

On Balance Volume /
Autosports : Current trading activity signals OBV accumulation is present

[BULLISH]: Autosports current price has highlighted recent accumulation. Currently, the OBV is 676718.

Fibonacci Extensions /
Stoploss for Autosports should be set at $1.72

Autosports has moved above the 61.8% level ($1.71) [Bullish]. Look for a long limit order entry near this point. Exit price for ASG should be set @$2.03 & Stoploss for Autosports should be set at $1.72

Weighted Moving Average /
[Bearish]: Trend following indicator for ASG highlights downward price direction is likely

[BEARISH]: Autosports 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 -0.5%.

Ulcer Index /
Drawdown for Autosports is currently high signalling high stress

[BULLISH]: Autosports UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 7.991.

Currently this quarter, closing price for ASG has spent 5 days in the lower price range
Close Tod Vs Range Tod /
Currently this quarter, closing price for ASG has spent 5 days in the lower price range

[BEARISH]: Autosports sellers in control. This is the first day of seller commitment for Autosports adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 64 trading days with the closing price in the lower part of the range giving a confirmation ratio of 24.3%. Over the last month there has been 3 trading days with the closing price in the lower range giving a confirmation ratio of 27.3%. Currently this quarter, closing price has spent 5 days in the lower price range compared to 3 days in the upper range giving a ratio of 1.7x.

Negative ROC: Price is trading lower for Autosports  than 14 days ago
Rate of Change /
Negative ROC: Price is trading lower for Autosports than 14 days ago

ASG: ROC Current Signal -> (1) 16 Feb: BEARISH (2) 15 Feb: BEARISH (3) 14 Feb: BEARISH

Detrended Price Oscillator /
Detrended Price for ASG has signalled bearish price movements are likely

[BEARISH]: Autosports currently has a confirmed downtrend. Price is currently below the displaced moving average for ASGCurrently, the return on DPO20 is -0.5%.

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