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

Burson
+ Share

MACD for Burson  continues to lose momentum @-0.0292
MACD /
MACD for Burson continues to lose momentum @-0.0292

BAP: MACD Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BEARISH CROSSOVER (3) 15 Jun: BEARISH CROSSOVER

[Bearish]: Burson  has failed to beat previous close by -1.0 %
Closing Price /
[Bearish]: Burson has failed to beat previous close by -1.0 %

[BEARISH]: Burson current downtrend in the first timeframe. Currently, the Close is $6.68.

Black Candle /
BAP Basic Candle: Black

[BEARISH]: Burson has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Woodie Pivot Point /
Burson has broken the first Woodie support point ($6.626) [Bearish]

Burson has broken the first Woodie support point ($6.626) [Bearish]. Look for a short limit order entry near this point. Exit price for BAP should be set @$6.583 & short position stoploss for Burson should be set at $6.803

Percentage Volume /
Burson : Percentage Volume Oscillator @-8.49 [Bearish]

[BEARISH]: Burson currently has negative PVO -8.49%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 2.2%.

Medium Trend /
[Uptrend]: The second timeframe trend has continued for BAP

[BULLISH]: Burson has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 14 2018.

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Ease of Movement /
Burson Ease of Movement is 0.631 [Difficult to Move]

BAP: EOM Current Signal -> (1) 19 Jun: BULLISH HARD (2) 18 Jun: BEARISH EASY (3) 15 Jun: BULLISH HARD

The EMA trend following signal is still current for Burson  [Bearish]
Exponential Moving Average /
The EMA trend following signal is still current for Burson [Bearish]

[BEARISH]: Burson currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -1.0%.

The simple moving average and past price for BAP has confirmed bullish trading conditions
Detrended Price Oscillator /
The simple moving average and past price for BAP has confirmed bullish trading conditions

[BULLISH]: Burson currently has a confirmed uptrend. Price is currently above the displaced moving average for BAP. Currently, the return on DPO20 is -1.0%.

Weighted Moving Average /
[Bearish]: WMA(5) is serving as a resistance line for Burson

[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 -1.0%.

Price Range /
Recent trading for Burson fell short of the previous price range ($0.11)

[BEARISH]: Burson current downtrend in the first timeframe. Currently, the Range is $0.11.

Open Tod Vs Close Tod /
Burson : Over the last 12 months there has been 38 trading days giving a confirmation ratio of 14.4%.

[BEARISH STRONG]: Burson opened in the upper part of daily range at 90.9% & closed in the lower part of the trading range at 27.3%. This suggests the sellers were in control all day. 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 lower shadow giving a confirmation ratio of 14.4%. Over the last month there has been 3 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 25%.

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

[BEARISH]: Burson currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -1.0%.

Burson  is being actively accumulated
Accumulation / Distribution /
Burson is being actively accumulated

[BULLISH]: Burson current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 4.00795e+006.

Ulcer Index /
Recent trading has highlighted low Ulcer index for Burson

[BEARISH]: Burson UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.082.

Volume Rate of Change /
Burson : Volume rate of Change (14) Crossover

BAP: VROC Current Signal -> (1) 19 Jun: BEARISH CROSSOVER (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Close Tod Vs Close Yest /
The biggest upward movement for Burson this month has been -1.5

[BEARISH]: Burson sellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for BAP adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -1.5 & the greatest daily negative change this year has been -3.0. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -7.5%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -2.3%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.2x. Over the last month the average daily downward movement has been -1.100000%

[Bullish]: Burson  has beaten previous low by 1.2 %
Low Price /
[Bullish]: Burson has beaten previous low by 1.2 %

BAP: LOW Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BEARISH (3) 15 Jun: BULLISH

[Bearish]: Burson  currently has negative Volume MACD histogram -23295
MACD Volume /
[Bearish]: Burson currently has negative Volume MACD histogram -23295

[BEARISH]: Burson currently has negative Volume MACD of -23295. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Currently this quarter, closing price for BAP has spent 19 days in the lower price range
Close Tod Vs Range Tod /
Currently this quarter, closing price for BAP has spent 19 days in the lower price range

[BEARISH]: Burson sellers in control. This is the first day of seller commitment for Burson 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 79 trading days with the closing price in the lower part of the range giving a confirmation ratio of 30%. Over the last month there has been 5 trading days with the closing price in the lower range giving a confirmation ratio of 41.7%. Currently this quarter, closing price has spent 19 days in the lower price range compared to 21 days in the upper range giving a ratio of 0.9x.

Range Tod Vs Range Yest /
Burson : Range Performance (-42.1)

BAP: Range today versus range yesterday Current Signal ->(1) 19 Jun: BEARISH (2) 18 Jun: BULLISH (3) 15 Jun: BEARISH

Elders Force Index /
[Bullish]: Elders Force Index (14439) confirms buying pressure remains

[BULLISH]: Burson current price has highlighted recent buying pressure. Currently, the Elders Force Index is 14439.

Daily Volume Index /
DVI: Accumulation still active for Burson

[BULLISH]: Burson current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 1412.

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

BAP: ROC Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Burson  has moved above the 161.8% extension level ($3) [Bearish]
Fibonacci Extensions /
Burson has moved above the 161.8% extension level ($3) [Bearish]

Burson has moved above the 161.8% level ($3) [Bearish]. Look for a short limit order entry near this point. Exit price for BAP should be set @$2.7 & short position stoploss for Burson should be set at $3.3

Momentum /
Negative momentum for BAP is a leading indicator for continued price falls

BAP: MOM Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BEARISH (3) 15 Jun: BULLISH CROSSOVER

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