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

Alumina
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[Uptrend]: Price for Alumina is currently above the displaced moving average
Detrended Price Oscillator /
[Uptrend]: Price for Alumina is currently above the displaced moving average

[BULLISH]: Alumina currently has a confirmed uptrend. Price is currently above the displaced moving average for AWCCurrently, the return on DPO20 is -1.4%.

Momentum continues to build for Alumina signalling a short term uptrend is likely
Momentum /
Momentum continues to build for Alumina signalling a short term uptrend is likely

[BULLISH]: Alumina currently has positive momentum of 0.2400. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -1.4000%. The largest upward momentum rally for the last 3 months is 13 days producing a return of 19%%.

Close Tod Vs Range Tod /
Sellers of Alumina were in control at the market close.

AWC: Close versus price range Current Signal ->(1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: NEUTRAL

Stochastic Oscillator /
Stochastic overbought signal had been cancelled for Alumina

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

Pivot Points /
Alumina: Stoploss for short position should be set between $2.9700 & $3.0200

Alumina has broken the first support point ($2.7800) [Bearish]. Look for a short limit order entry near this point. Exit price for AWC should be set @$2.7300 & short position stoploss for Alumina should be set between $2.9700 & $3.0200

Close Tod Vs Close Yest /
Daily trading performance for AWC has initiated a short term downtrend

[BEARISH]: Aluminasellers are keener than buyers and are driving the price down. This is the first day of price decline for AWC adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -2.7 & the greatest daily negative change this year has been -5.2. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -8.8%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -2.7%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -1.600000%

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

[BEARISH]: Alumina current downtrend in the first timeframe. Currently, the Close is $2.8300.

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

[BEARISH]: A short term Pivot Reversal has formed with Alumina which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 14 occurrences of this bar reversal giving a signal probability of 5.3%.

Ulcer index has fallen as the price rises for Alumina
Ulcer Index /
Ulcer index has fallen as the price rises for Alumina

[BEARISH]: Alumina UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.4780.

On Balance Volume /
Traders are currently accumulating Alumina

[BULLISH]: Alumina current price has highlighted recent accumulation. Currently, the OBV is 80428028.0000.

Daily Volume Index /
Alumina: Confirmation of stock distribution

[BEARISH]: Alumina current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -65293.0000.

Elder Ray Index /
Bull power has increased for Alumina signalling bullish conditions are likely

[BULLISH]: AluminaElder Ray Index is signalling a Bullish movementERI is 0.2840 indicating bull power. Prices are being driven above the consensus of value for AWC during the last trading session [Buying Pressure]

Positive ROC: Price is trading higher for Alumina than 14 days ago
Rate of Change /
Positive ROC: Price is trading higher for Alumina than 14 days ago

AWC: ROC Recent Trading -> (1) 20 Apr: 19.9150 (2) 19 Apr: 21.6100 (3) 18 Apr: 13.5590

Alumina was easily moved downward on high volume in recent trading
Ease of Movement /
Alumina was easily moved downward on high volume in recent trading

AWC: EOM Recent Trading -> (1) 20 Apr: -0.0240 (2) 19 Apr: 0.0640 (3) 18 Apr: -0.0140

MACD Volume /
Volume MACD for Alumina continues to gain momentum @1270879.0000

[BULLISH]: Alumina currently has positive Volume MACD of 1270879.0000. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Sine Weighted Moving Average /
Price continues to trade above the Sine Weighted Moving Average(5) for AWC

[BULLISH]: Alumina 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 -1.4%.

Volume /
Weaker volume performance from AWC has seen a lower volume of -31.1 [Downtrend]

[BEARISH]: Alumina current volume downtrend in the first timeframe. Volume for AWC is25354510 (-31.1).

Alumina is in a short term uptrend with the closing price @$2.8300
Exponential Moving Average /
Alumina is in a short term uptrend with the closing price @$2.8300

[BULLISH]: Alumina 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 -1.4%.

Alumina: Downtrend for the daily trend is confirmed
Short Trend /
Alumina: Downtrend for the daily trend is confirmed

[BEARISH]: Alumina is in a downtrend in the short term timeframe. The current rally number is 1 & the highest rally count for the LTM is 6

CMF highlights continued negative divergence for Alumina
Chaikin Money Flow /
CMF highlights continued negative divergence for Alumina

[BEARISH]: Alumina current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.2200. AWC received a confirmed CMF crossover days on the Apr 12 2018.The bearish signal has been active for 4 days. During the quarter, the lowest CMF value was -0.22 occurring on the Apr 12 2018.

Commodity Channel Index /
Alumina: The CCI overbought signal has been confirmed

[BEARISH]: Alumina current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 164.0000. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 259.

Bollinger Bands /
Closing price ($2.8300) for AWC is now below the Upper Bollinger Band

[BULLISH CROSSUNDER]: Aluminais no longer overbought The current level is 99.0600% with a current width of 25.4900.

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

[BULLISH]: Alumina currently has positive MACD of 0.0430. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 11.3%.

Medium Trend /
Alumina has maintained the 2nd timeframe trend [Uptrend]

[BULLISH]: Alumina is in an uptrend in the medium term timeframe. The current rally number is 25 & the highest rally count for the LTM is 77. The highest rally for the month is 15

Distribution still active for Alumina
Accumulation / Distribution /
Distribution still active for Alumina

[BEARISH]: Alumina current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -20731562.0000. day.

AWC Basic Candle: Black
Black Candle /
AWC Basic Candle: Black

AWC: Basic Candlestick Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: NEUTRAL (3) 18 Apr: BEARISH

Open Tod Vs Close Tod /
Alumina: Sellers have taken control.

[BEARISH]: Alumina opened in the middle part of daily range at 41.700000000000000% & closed in the lower part of the trading range at 25.000000000000000%. This suggests the sellers have taken control. Over the last 12 months there has been 28 trading days with the opening price in the middle shadow & the closing the price in the lower shadow giving a confirmation ratio of 10.6%. Over the last month there has been 2 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 13.3%.

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