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

Beacon Lighting
+ Share

Confirmation of Beacon Lighting  is now being accumulated
Accumulation / Distribution /
Confirmation of Beacon Lighting is now being accumulated

[BULLISH CROSSOVER]: Beacon Lighting current price has highlighted the commencement of accumulation and the start of bullish trading conditions.

Beacon Lighting : ATR (0.053) has signalled an downtrend is current
Average True Range /
Beacon Lighting : ATR (0.053) has signalled an downtrend is current

[Bearish]: Average True Range has confirmed an downtrend is present. Beacon Lighting has a TR of 0.02, and an ATR(14) of 0.053.

Detrended Price Oscillator /
Bearish trading conditions for Beacon Lighting has been signalled from the DPO (-0.0053)

[BEARISH]: Beacon Lighting currently has a confirmed downtrend. Price is currently below the displaced moving average for BLXCurrently, the return on DPO20 is 1.3%.

Aroon Oscillator /
Daily trading has confirmed an Aroon downtrend (-12) for Beacon Lighting

[BEARISH]: Beacon Lighting has a current ARO(25) of -12. This has change -60 points from yesterday.

Short Trend /
The daily range for Beacon Lighting has achieved a higher high [Uptrend]

[BULLISH]: Beacon Lighting is in an uptrend in the short term timeframe. The current rally number is 1 & the highest rally count for the LTM is 4

Close Tod Vs Range Tod /
BLX: Over the last month there has been 2 trading days with the closing price in the upper range giving a confirmation ratio of 25%.

[BULLISH]: Beacon Lighting buyers are in control at the market close. There has been 2 consecutive days of prices closing in the upper part of the trading range for Beacon Lighting 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 102 trading days with the closing price in the upper part of the range giving a confirmation ratio of 39.1%. Over the last month there has been 2 trading days with the closing price in the upper range giving a confirmation ratio of 25%. Currently this quarter, closing price has spent 2 days in the upper price range compared to 2 days in the lower range giving a ratio of 1x.

Top companies for
Australian Stock Exchange
Advertisment
Simple Moving Average /
The SMA trend following signal is now active for Beacon Lighting [Bullish]

[BEARISH]: Beacon Lighting 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 1.3%.

William %R for BLX has crossed above the oversold limit triggering a neutral signal
Williams %R /
William %R for BLX has crossed above the oversold limit triggering a neutral signal

BLX: William %R Current Signal -> (1) 11 Jan: BEARISH CROSSUNDER (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH CROSSOVER

Beacon Lighting : Daily price tange is $0.02 [Increasing Range]
Price Range /
Beacon Lighting : Daily price tange is $0.02 [Increasing Range]

BLX: Price Range Current Signal -> (1) 11 Jan: BULLISH (2) 10 Jan: BEARISH (3) 09 Jan: BEARISH

Average Directional Movement /
Beacon Lighting has signalled an Average Directional Index strong trend present

BLX: Average Directional Index Current Signal -> (1) 11 Jan: TREND STRONG (2) 11 Jan: TREND WEAK (3) 11 Jan: TREND STRONG

Pivot Points /
Beacon Lighting : Stoploss for short position should be set between $1.543 & $1.556

Beacon Lighting current pivot point is: 1.523. The current resistance levels are: (R1) $1.536: (R2) $1.543: (R3) $1.556: The current support levels are: (S1) $1.516: (S2) $1.503: (S3) $1.496

Money Flow Index /
Beacon Lighting : The MFI indicator has signalled an upward trend change is possible

[BEARISH]: Beacon Lighting current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 7.72. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 81.92.

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

[BEARISH]: Beacon Lighting current price has highlighted recent selling pressure. Currently, the Elders Force Index is -3669.

Beacon Lighting : 2nd timeframe trend Uptrend remains intact
Medium Trend /
Beacon Lighting : 2nd timeframe trend Uptrend remains intact

[BULLISH]: Beacon Lighting has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jan 10 2018.

Low Price /
[Bullish]: Beacon Lighting has beaten previous low by 0.7 %

[BEARISH]: Beacon Lighting current uptrend in the first timeframe. Currently, the Low is $1.51 (0.7 %).

MACD /
MACD for Beacon Lighting continues to lose momentum @-0.009000

BLX: MACD Current Signal -> (1) 11 Jan: BEARISH (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH

Fibonacci Extensions /
Stoploss for Beacon Lighting should be set at $6.74

Beacon Lighting has moved below the 161.8% level ($5.97) [Bullish]. Look for a long limit order entry near this point. Exit price for BLX should be set @$5.2 & Stoploss for Beacon Lighting should be set at $6.74

Ulcer index has fallen as the price rises for Beacon Lighting
Ulcer Index /
Ulcer index has fallen as the price rises for Beacon Lighting

[BEARISH]: Beacon Lighting UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.629.

OBV: Accumulation still active for Beacon Lighting
On Balance Volume /
OBV: Accumulation still active for Beacon Lighting

[BULLISH]: Beacon Lighting current price has highlighted recent accumulation. Currently, the OBV is 1.16853e+006.

Beacon Lighting  is no longer oversold [Neutral]
Stochastic Oscillator /
Beacon Lighting is no longer oversold [Neutral]

BLX: Stochastic Oscillator Signal -> (1) 11 Jan: BULLISH CROSSUNDER (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

Moving Average Envelope /
Envelope bands Oversold signal is still current for Beacon Lighting [Bullish]

[BULLISH]: Beacon Lighting current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 1.4820.

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

[BEARISH]: Beacon Lighting currently has negative momentum of -0.045 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 1.3%.The largest downward momentum rally for the last 3 months is 5 days producing a return of -5.4%%.

Open Tod Vs Close Tod /
Open/close reversal: Buyers were in control of trading all day for Beacon Lighting

[BULLISH STRONG]: Beacon Lighting opened in the lower part of daily range at 0% & closed in the upper part of the trading range at 100%. This suggests the buyers were in control all day. Over the last 12 months there has been 44 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 16.9%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 25%.

Camarilla Pivot Points /
Beacon Lighting : Look for a short limit order entry @$1.403

Beacon Lighting has broken the first Camarilla support point ($1.403) [Bearish]. Look for a short limit order entry near this point. Exit price for BLX should be set @$1.276 & short position stoploss for Beacon Lighting should be set between $1.784 & $1.911

Beacon Lighting  currently has negative volume rate of change for -52
Volume Rate of Change /
Beacon Lighting currently has negative volume rate of change for -52

[BEARISH]: Beacon Lighting currently has negative rate of change of -52%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 1.3%.

Strong opening from BLX has seen an increase of 0 % [Uptrend]
Opening Price /
Strong opening from BLX has seen an increase of 0 % [Uptrend]

BLX: OPEN Recent Trading -> (1) 11 Jan: 1.51 (2) 10 Jan: 1.51 (3) 09 Jan: 1.55

MACD Volume /
Beacon Lighting : Volume MACD @6968 [Bullish Crossover]

[BULLISH CROSSOVER]: Beacon Lighting currently has positive Volume MACD of 6968. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

See More   See more results
Advertisment
Advertisment
back to top