Technical analysis from Blue Sky Alternatives (BAF.AX, ASX:BAF.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Blue Sky Alternatives
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Blue Sky Alternatives: Two White Soldiers
Two White Soldiers /
Blue Sky Alternatives: Two White Soldiers

BAF: Continuation Candlestick Current Signal -> (1) 20 Jun: NEUTRAL (2) 19 Jun: NEUTRAL (3) 18 Jun: NEUTRAL

CMF showing selling pressure & potential change in direction for BAF
Chaikin Money Flow /
CMF showing selling pressure & potential change in direction for BAF

[BEARISH]: Blue Sky Alternatives current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.34. BAF received a confirmed CMF crossover days on the May 11 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.53 occurring on the May 11 2018.

Demarks Pivot Points /
Blue Sky Alternatives: Look for a long limit order entry @$0.7863

Blue Sky Alternatives has broken the first DeMark resistance point ($0.7863) [Bullish]. Look for a long limit order entry near this point. Exit price for BAF should be set @$0.798 & Stoploss for Blue Sky Alternatives should be set at $0.783

Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Blue Sky Alternatives

[BULLISH]: Blue Sky Alternatives current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 0.741.

Daily Volume Index /
Market conditions are indicating DVI distribution is current for BAF

[BEARISH]: Blue Sky Alternatives current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -2091.

Volume /
Weaker volume performance from BAF has seen a lower volume of -77.9 [Downtrend]

[BEARISH]: Blue Sky Alternatives current volume downtrend in the first timeframe. Volume for BAF is 107055 (-77.9).

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Elders Force Index /
Recent trading highlights continued selling pressure is present for BAF

[BEARISH]: Blue Sky Alternatives current price has highlighted recent selling pressure. Currently, the Elders Force Index is -1697.

Strong price performance from BAF has seen a lower low of 2.0 % [Uptrend]
Low Price /
Strong price performance from BAF has seen a lower low of 2.0 % [Uptrend]

BAF: LOW Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: BEARISH

Blue Sky Alternatives: Triangular Moving Average(5) (0.763)
Triangular Moving Average /
Blue Sky Alternatives: Triangular Moving Average(5) (0.763)

BAF: TMA Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: BULLISH

Average True Range /
Blue Sky Alternatives: Average True Range (0.027) has confirmed an downtrend is present

BAF: Average True Range Recent Trading -> (1) 20 Jun: 0.027 (2) 19 Jun: 0.028 (3) 18 Jun: 0.028

Woodie Pivot Point /
[Long]: Limit orders for Blue Sky Alternatives should be set at $0.797

Blue Sky Alternatives has broken the first Woodie resistance point ($0.797) [Bullish]. Look for a long limit order entry near this point. Exit price for BAF should be set @$0.801 & Stoploss for Blue Sky Alternatives should be set at $0.771

Elder Ray Index /
[Bullish]: Elder Ray Index is 0.024 indicating bull power

[BULLISH]: Blue Sky Alternatives Elder Ray Index is signalling a Bullish movementERI is 0.024 indicating bull power. Prices are being driven above the consensus of value for BAF during the last trading session [Buying Pressure]

The biggest upward movement for Blue Sky Alternatives this month has been 11.6
Close Tod Vs Close Yest /
The biggest upward movement for Blue Sky Alternatives this month has been 11.6

BAF: Recent performance signals ->(1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: NEUTRAL

Blue Sky Alternatives: Range Performance (-40.0)
Range Tod Vs Range Yest /
Blue Sky Alternatives: Range Performance (-40.0)

[WEAK BEARISH]: Blue Sky Alternatives buyers are becoming less eager. This is the first day buyers have decreased eagerness for BAF reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.1150 & the greatest daily price range this year has been $0.5400. The price range ratio this week versus the quarterly price range is 0.3x & the price range ratio this month versus the year to date price range is 0.2x.

Percentage Volume /
Blue Sky Alternatives: Percentage Volume Oscillator @-12.23 [Bearish]

[BEARISH]: Blue Sky Alternatives currently has negative PVO -12.23%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 1.3%.

Bill Williams Market Facilitation /
Volume is down & Money Flow Index is up confirming a Fake Day for BAF

Blue Sky Alternatives Currently is a confirmed Fake Day. MFI indicator is up, volume is down for BAF. Trend continuation possible for BAF from reduced trading activity.

Close Tod Vs Range Tod /
Daily trading for BAF indicated buyers are now in control

[BULLISH]: Blue Sky Alternatives buyers are in control at the market close. This is the first day of buyer commitment for Blue Sky Alternatives adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 89 trading days with the closing price in the upper part of the range giving a confirmation ratio of 33.8%. Over the last month there has been 2 trading days with the closing price in the upper range giving a confirmation ratio of 15.4%. Currently this quarter, closing price has spent 14 days in the upper price range compared to 22 days in the lower range giving a ratio of 0.6x.

Blue Sky Alternatives is in a short term uptrend with the support price @$0.7742
Exponential Moving Average /
Blue Sky Alternatives is in a short term uptrend with the support price @$0.7742

[BULLISH]: Blue Sky Alternatives 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 1.9%.

Price continues to trade above the Simple Moving Average(5) for BAF
Simple Moving Average /
Price continues to trade above the Simple Moving Average(5) for BAF

[BULLISH]: Blue Sky Alternatives 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 1.9%.

BAF: Price continues to move above the SWMA(5) @$0.773
Sine Weighted Moving Average /
BAF: Price continues to move above the SWMA(5) @$0.773

[BULLISH]: Blue Sky Alternatives 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 1.9%.

Williams %R /
[Bearish crossover]: Blue Sky Alternatives current price has driven William %R signal to become overbought

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

Rate of Change /
Negative ROC for BAF is a leading indicator for continued price fall

[BEARISH]: Blue Sky Alternatives currently has negative rate of change of -1.25%. 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

Price Range /
Blue Sky Alternatives: Daily price range is 0.015 [Downtrend]

[BEARISH]: Blue Sky Alternatives current downtrend in the first timeframe. Currently, the Range is $0.015.

Bear Harami /
Blue Sky Alternatives: Bear Harami

[BEARISH]: Blue Sky Alternatives has formed a new Bear Harami reversal pattern.

Second timeframe trend of Blue Sky Alternatives remains as an Downtrend
Medium Trend /
Second timeframe trend of Blue Sky Alternatives remains as an Downtrend

BAF: Medium Term Current Signal -> (1) 20 Jun: BEARISH (2) 19 Jun: BEARISH (3) 18 Jun: BEARISH CONFIRM

BAF Basic Candle: White Marubozu
White Marubozu /
BAF Basic Candle: White Marubozu

[BULLISH]: Blue Sky Alternatives has formed a White Marubozu candlestick. This means, BAF has received strong buying confidence and upward 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.

Volume Rate of Change /
Negative VROC: Volume is now lower for Blue Sky Alternatives than 14 days ago

BAF: VROC Recent Trading -> (1) 20 Jun: -80.0000 (2) 19 Jun: 53.0000 (3) 18 Jun: 61.0000

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