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

Burson
+ Share

[Short]: Entry price for BAP should be set @$0
Fibonacci Extensions /
[Short]: Entry price for BAP should be set @$0

Burson has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for BAP should be set @$0 & short position stoploss for Burson should be set at $0

Weaker price performance from BAP has seen a lower close of -1.6 % [Downtrend]
Closing Price /
Weaker price performance from BAP has seen a lower close of -1.6 % [Downtrend]

BAP: CLOSE Recent Trading -> (1) 11 Jan: 5.62 (2) 10 Jan: 5.71 (3) 09 Jan: 5.72

Sine Weighted Moving Average /
Burson is in a short term downtrend with the resistance price @$5.707

BAP: SWMA Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BULLISH

Simple Moving Average /
Price continues to trade below the Simple Moving Average(5) for BAP

[BULLISH]: Burson 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 -1.6%.

High Price /
Recent trading for BAP has failed to beaten the previous high by -1 % [Downtrend]

[BEARISH]: Burson current downtrend in the first timeframe. Currently, the HIGH is -1 %.

Percentage Price /
Price percentage oscillator: Upward momentum has been initiated for Burson

[BULLISH CROSSOVER]: Burson currently has positive PPO 0.300%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

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MACD Volume /
[Bullish]: Burson currently has positive Volume MACD histogram 40388

[BULLISH]: Burson currently has positive Volume MACD of 40388. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Burson : Confirmation of stock accumulation
On Balance Volume /
Burson : Confirmation of stock accumulation

[BULLISH]: Burson current price has highlighted recent accumulation. Currently, the OBV is 5.31396e+006.

Burson : Current trading activity signals DVI accumulation is present
Daily Volume Index /
Burson : Current trading activity signals DVI accumulation is present

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

Range Tod Vs Range Yest /
Burson : Range Performance (87.5)

[BEARISH]: Burson sellers are increasingly eager. This is the first day sellers have increasing eagerness for BAP 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 $0.21. The price range ratio this week versus the quarterly price range is 1x & the price range ratio this month versus the year to date price range is 1x.

Percentage Volume /
Negative momentum on volume for BAP is maintained & supports a bearish move is likely

[BEARISH]: Burson currently has negative PVO -19.4%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 0.6%.

Ease of Movement /
Price moved on high volume to close lower for the day for BAP [Difficult to Move]

BAP: EOM Current Signal -> (1) 11 Jan: BEARISH HARD (2) 11 Jan: BEARISH HARD (3) 11 Jan: NEUTRAL

The MACD continues to rise above the signal line for BAP [Bullish]
MACD /
The MACD continues to rise above the signal line for BAP [Bullish]

[BULLISH]: Burson currently has positive MACD of 0.004000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 0.1%.

Burson : Daily Performance (-1.6%.)
Close Tod Vs Close Yest /
Burson : Daily Performance (-1.6%.)

BAP: Recent performance signals ->(1) 11 Jan: NEUTRAL (2) 11 Jan: NEUTRAL (3) 11 Jan: NEUTRAL

Money Flow Index /
Burson is no longer oversold

[NEUTRAL]: Burson current trading has closed out money flow index overbought status and signalled the initiation of normal trading conditions. Currently, the MFI is 60.35. The previous bearish signal was active for 0 days. During the quarter, the highest MFI value was 72.91.

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

[BULLISH]: Burson current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 5.3390.

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

[BEARISH]: A short term Pivot Reversal has formed with Burson which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 15 occurrences of this bar reversal giving a signal probability of 5.7%.

The TMA trend following signal is still current for Burson  [Bearish]
Triangular Moving Average /
The TMA trend following signal is still current for Burson [Bearish]

BAP: TMA Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BULLISH

Burson : Daily price tange is $0.15 [Increasing Range]
Price Range /
Burson : Daily price tange is $0.15 [Increasing Range]

[BULLISH]: Burson current uptrend in the first timeframe. Currently, the Range is $0.15.

Momentum(5) is decreasing for Burson
Momentum /
Momentum(5) is decreasing for Burson

BAP: MOM Current Signal -> (1) 11 Jan: BEARISH (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH

Open Tod Vs Close Tod /
BAP: Over the last 12 months there has been 38 trading days with the opening price in the upper shadow & the closing the price in the middle shadow

[BEARISH WEAK]: Burson opened in the upper part of daily range at 86.7% & closed in the middle part of the trading range at 40%. This suggests the sellers have lost commitment. Over the last 12 months there has been 38 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 14.6%. Over the last month there has been 3 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 37.5%.

Weighted Moving Average /
The WMA trend following signal is still current for Burson [Bearish]

[BEARISH]: Burson 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 -1.6%.

Detrended Price Oscillator /
Bearish trading conditions for Burson has been signalled from the DPO (-0.0205)

[BEARISH]: Burson currently has a confirmed downtrend. Price is currently below the displaced moving average for BAPCurrently, the return on DPO20 is -1.6%.

Ulcer Index /
[Low Stress]: Low drawdown associated with recent trading of BAP

[BEARISH]: Burson UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 0.699.

Daily trading has confirmed an Aroon strong uptrend (92) for Burson
Aroon Oscillator /
Daily trading has confirmed an Aroon strong uptrend (92) for Burson

BAP: Aroon Oscillator Current Signal -> (1) 11 Jan: BULLISH STRONG (2) 11 Jan: BEARISH (3) 11 Jan: BULLISH

[Weak Trend]: Average Directional Index (16.29) weak trend has been confirmed for BAP
Average Directional Movement /
[Weak Trend]: Average Directional Index (16.29) weak trend has been confirmed for BAP

[Weak Trend]: ADX for BAP has confirmed a weak trend is presentBurson has an ATR(14) of 0.088, a DX of 11.42 & an ADX(14) of 16.29

Elder Ray Index /
[Selling Pressure]: ERI has increased for Burson during the last trading session

[BULLISH]: Burson Elder Ray Index is signalling a Bullish movementERI is 0.042 indicating bull power. Prices are being driven above the consensus of value for BAP during the last trading session [Buying Pressure]

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