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

Bega Cheese
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Sellers are now keener than buyers for Bega Cheese & are driving the price down.
Close Tod Vs Close Yest /
Sellers are now keener than buyers for Bega Cheese & are driving the price down.

[BEARISH]: Bega Cheesesellers are keener than buyers and are driving the price down. This is the first day of price decline for BGA 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 -3.9. The longest consecutive downswing rally over the last 12 months has been 9 days giving a total rally downward movement of -31.5%. This quarter, the largest downswing rally has been 7 days giving a total rally downward movement of -5%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 0.9x. Over the last month the average daily downward movement has been -1.1%

Bega Cheese: Daily opening performance is 9.6 % [Uptrend]
Opening Price /
Bega Cheese: Daily opening performance is 9.6 % [Uptrend]

[BULLISH]: Bega Cheese opening price has gapped up. Currently, the OPEN is $7.89 (9.6 %).

Chaikin Money Flow /
CMF signal weak with further confirmation required for BGA

BGA: Chaikin Oscillator Recent Trading -> (1) 17 Oct: -0.01 (2) 16 Oct: 0.08 (3) 13 Oct: -0.19

Elders Force Index /
Elders Force Index (77801) has signalled bullish conditions in recent trading for BGA

BGA: Elders Force Index Current Signal -> (1) 17 Oct: BULLISH (2) 16 Oct: BULLISH (3) 13 Oct: BULLISH

Daily Volume Index /
Bega Cheese is being actively accumulated based on DVI

BGA: DVI Current Signal -> (1) 17 Oct: BULLISH (2) 16 Oct: BULLISH CROSSOVER (3) 13 Oct: BEARISH CROSSOVER

Average True Range /
BGA: Average True Range has confirmed an uptrend @0.212

[Bullish]: Average True Range has confirmed an uptrend is present. Bega Cheese has a TR of 0.4, and an ATR(14) of 0.212.

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Simple Moving Average /
Simple Moving Average(5) signal continues for Bega Cheese indicating upward price movement is likely

BGA: SMA Recent Trading -> (1) 17 Oct: 7.272 (2) 16 Oct: 7.13 (3) 13 Oct: 6.978

Stoploss for Bega Cheese should be set between $7.31
Demarks Pivot Points /
Stoploss for Bega Cheese should be set between $7.31

Bega Cheese has broken the first DeMark resistance point ($7.6) [Bullish]. Look for a long limit order entry near this point. Exit price for BGA should be set @$7.71 & Stoploss for Bega Cheese should be set at $7.31

Aroon oscillator for Bega Cheese has signalled an uptrend is active
Aroon Oscillator /
Aroon oscillator for Bega Cheese has signalled an uptrend is active

BGA: Aroon Oscillator Current Signal -> (1) 17 Oct: BULLISH (2) 16 Oct: BULLISH (3) 13 Oct: BEARISH STRONG

Commodity Channel Index /
BGA: Commodity Channel Index has continued confirmed overbought trading conditions

BGA: CCI Current Signal ->(1) 17 Oct: BEARISH (2) 16 Oct: BEARISH CROSSOVER (3) 13 Oct: NEUTRAL

Open Tod Vs Close Tod /
Open/close reversal confirmed for Bega Cheese signalling the sellers were in control all day

BGA: Open today versus close yesterday Current Signal ->(1) 17 Oct: BEARISH STRONG (2) 16 Oct: BULLISH STRONG (3) 13 Oct: BULLISH STRONG

Pivot Points /
Bega Cheese has moved above the R1 pivot point ($7.784) [Bullish]

Bega Cheese has broken the first resistance point ($7.784) [Bullish]. Look for a long limit order entry near this point. Exit price for BGA should be set @$8.037 & Stoploss for Bega Cheese should be set between $7.237 & $6.984

Bega Cheese is in a short term uptrend with the support price @$7.016
Triangular Moving Average /
Bega Cheese is in a short term uptrend with the support price @$7.016

[BULLISH]: Bega Cheese currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.9%.

BGA Basic Candle: Black
Black Candle /
BGA Basic Candle: Black

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

Weighted Moving Average /
The WMA trend following signal is still current for Bega Cheese [Bullish]

[BULLISH]: Bega Cheese currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.9%.

Bollinger Bands /
Bega Cheese is no longer overbought [Neutral]

[BEARISH]: Bega Cheese is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. The current level is 105.28% with a current width of 14.94.

Ex-Dividend /
Bega Cheese: Ex-Dividend Date

The last ex-dividend date recorded for BGA occurred on the Feb 28 2017. This event was 231 days from the current trading day.

Range for BGA has not surpassed the range of the previous trading session
Price Range /
Range for BGA has not surpassed the range of the previous trading session

[BEARISH]: Bega Cheese current downtrend in the first timeframe. Currently, the Range is $0.4.

Bega Cheese is no longer overbought [Neutral]
Stochastic Oscillator /
Bega Cheese is no longer overbought [Neutral]

BGA: Stochastic Oscillator Signal -> (1) 17 Oct: BEARISH (2) 16 Oct: BEARISH (3) 13 Oct: BULLISH CROSSOVER

Buying pressure for BGA highlights ability of buyers to drive the price upwards
Elder Ray Index /
Buying pressure for BGA highlights ability of buyers to drive the price upwards

[BULLISH]: Bega CheeseElder Ray Index is signalling a Bullish movementERI is 0.784 indicating bull power. Prices are being driven above the consensus of value for BGA during the last trading session [Buying Pressure]

Short Trend /
Bega Cheese: Uptrend for the daily trend is continued

[BULLISH]: Bega Cheese is in an uptrend in the short term timeframe. The buyers have dominated the daily trade, however further confirmation is required before taking a position.

Volume Rate of Change /
Volume rate of change(14) is increasing for Bega Cheese

BGA: VROC Current Signal -> (1) 17 Oct: BULLISH (2) 16 Oct: BULLISH (3) 13 Oct: BULLISH

GROWTH /
The current book value of Bega Cheese is $3.26

Bega Cheese Key financial metrics: (1) Book Value: $3.26 (2) Market-to-Book ratio: 2.33 (3) PEG Ratio: 8.29

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

BGA: BWMF Current Signal -> (1) 17 Oct: Fake Day (2) 16 Oct: Squat Day (3) 13 Oct: Fake Day

DPO for BGA has confirmed price is currently above the displaced moving average
Detrended Price Oscillator /
DPO for BGA has confirmed price is currently above the displaced moving average

[BULLISH]: Bega Cheese currently has a confirmed uptrend. Price is currently above the displaced moving average for BGACurrently, the return on DPO20 is -0.9%.

Confirmation of Bega Cheese is currently being accumulated via OBV
On Balance Volume /
Confirmation of Bega Cheese is currently being accumulated via OBV

[BULLISH]: Bega Cheese current price has highlighted recent accumulation. Currently, the OBV is 2.63851e+006.

Closing Price /
[Bearish]: Lower close has formed for BGA by -0.9 % during the last trading session

[BEARISH]: Bega Cheese current downtrend in the first timeframe. Currently, the Close is $7.53.

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