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

Burson
+ Share

Burson  has broken the first DeMark resistance point ($5.6275) [Bullish]
Demarks Pivot Points /
Burson has broken the first DeMark resistance point ($5.6275) [Bullish]

Burson has broken the first DeMark resistance point ($5.6275) [Bullish]. Look for a long limit order entry near this point. Exit price for BAP should be set @$5.655 & Stoploss for Burson should be set at $5.585

Daily trading has confirmed the DPO(20) is bullish for Burson
Detrended Price Oscillator /
Daily trading has confirmed the DPO(20) is bullish for Burson

BAP: DPO Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

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

[BULLISH]: Burson 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 -0.6%.

Ulcer Index /
Drawdown for Burson is currently low signalling low stress

[BEARISH]: Burson UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.355.

Short Black Candle /
BAP Basic Candle: Short Black

[BEARISH]: Burson has formed a Short Black candlestick. This means, BAP has limited price movement derived from weak selling pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Fibonacci Extensions /
Limit order for a short position has been identified for Burson @$1.84

Burson has moved above the 161.8% level ($1.84) [Bearish]. Look for a short limit order entry near this point. Exit price for BAP should be set @$1.96 & short position stoploss for Burson should be set at $1.71

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Ex-Dividend /
Dividends for BAP was paid on the Mar 16 2017

The last ex-dividend date recorded for BAP occurred on the Mar 16 2017. This event was 218 days from the current trading day.

Traders are currently accumulating Burson
On Balance Volume /
Traders are currently accumulating Burson

[BULLISH]: Burson current price has highlighted recent accumulation. Currently, the OBV is 1.39948e+006.

Burson : Percentage Volume Oscillator @7 [Bullish]
Percentage Volume /
Burson : Percentage Volume Oscillator @7 [Bullish]

[BULLISH]: Burson currently has positive PVO 7%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 8.3%.

Aroon Oscillator /
Burson : ARO(28) has signalled an uptrend is current

BAP: Aroon Oscillator Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

Long Trend /
Burson : 3rd timeframe trend Uptrend remains intact

[BULLISH]: Burson is in an uptrend in the medium term timeframe. The current rally number is 51 & the highest rally count for the LTM is 51. The highest rally for the month is 15

Accumulation / Distribution /
Burson : Current trading activity signals accumulation is present

[BULLISH]: Burson current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Limit order for a short position has been identified for Burson  @$7.36)
Fibonacci Fans /
Limit order for a short position has been identified for Burson @$7.36)

Burson has moved below the 61.8% retracement level ($7.36) [Bearish]. Look for a short limit order entry near this point. Exit price for BAP should be set @$1.99 & short position stoploss for Burson should be set between $2.03

Burson  currently has positive volume rate of change for 5
Volume Rate of Change /
Burson currently has positive volume rate of change for 5

[BULLISH]: Burson currently has positive volume of change of 5%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.6%.

Rate of Change /
Positive ROC for BAP is a leading indicator for continued price rise

[BULLISH]: Burson currently has positive rate of change of 7.2%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Medium Trend /
Recent trading indicates a continuation in T2 upward trend direction BAP [Uptrend]

[BULLISH]: Burson is in an uptrend in the medium term timeframe. The current rally number is 7 & the highest rally count for the LTM is 50. The highest rally for the month is 15

Bollinger Bands /
Bollinger overbought signal has just been neutralized for Burson

BAP: Bollinger Bands Current Signal -> (1) 20 Oct: BULLISH CROSSUNDER (2) 19 Oct: BEARISH (3) 18 Oct: BEARISH

BAP has achieved a lower volume of 1.03191e+006 (-61.9)
Volume /
BAP has achieved a lower volume of 1.03191e+006 (-61.9)

BAP: VOLUME Recent Trading -> (1) 20 Oct: 1.03191e+006 (2) 19 Oct: 2.70762e+006 (3) 18 Oct: 696646

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

[BEARISH]: Burson 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. BAP received a confirmed CCI crossover on the Oct 12 2017.The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 312.

Burson : Bear Harami
Bear Harami /
Burson : Bear Harami

BAP: Reversal (Weak) Candlestick Current Signal -> (1) 20 Oct: BEARISH (2) 19 Oct: NEUTRAL (3) 18 Oct: NEUTRAL

VALUE /
P/E ratio for Burson is 23.90

Burson Key financial metrics: (1) EPS: $0.24 (2) P/E Ratio: 23.90

Williams %R /
William %R (-9.1) for BAP is now below the overbought limit

BAP: William %R Current Signal -> (1) 20 Oct: BEARISH (2) 19 Oct: BEARISH (3) 18 Oct: BEARISH

Average Directional Movement /
Average Directional Index for Burson has signalled a strong trend is active

[Trend]: ADX for BAP has confirmed a strong trend is presentBurson has an ATR(14) of 0.109, a DX of 43.53 & an ADX(14) of 27.64

Average True Range /
BAP: Average True Range has confirmed an downtrend @0.109

[Bearish]: Average True Range has confirmed an downtrend is present. Burson has a TR of 0.075, and an ATR(14) of 0.109.

Relative Strength Index for BAP has crossed below the overbought limit triggering a neutral signal
Relative Strength Index /
Relative Strength Index for BAP has crossed below the overbought limit triggering a neutral signal

[BEARISH]: Burson is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @72.5706

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

[BEARISH]: Burson current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 5.7015.

High Price /
Recent trading for Burson fell short of the previous high by -0.3 %

BAP: HIGH Current Signal -> (1) 20 Oct: BEARISH (2) 19 Oct: BULLISH (3) 18 Oct: BEARISH

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