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

[Bullish]: Beacon Lighting  has beaten previous close by 0.7 %
Closing Price /
[Bullish]: Beacon Lighting has beaten previous close by 0.7 %

[BULLISH]: Beacon Lighting current uptrend in the first timeframe. Currently, the Close is $1.4900.

Momentum /
Beacon Lighting currently has negative momentum of -0.0200

BLX: MOM Recent Trading -> (1) 20 Apr: -0.0200 (2) 19 Apr: -0.0700 (3) 18 Apr: 0.0300

Range Tod Vs Range Yest /
The largest daily price range this year for BLX has been $0.3500

[WEAK BULLISH]: Beacon Lighting sellers are becoming less eager. This is the first day sellers have decreased eagerness for BLX reducing strength to a downtrend in the first timeframe. The biggest price range this month has been $0.1300 & the greatest daily price range this year has been $0.3500. The price range ratio this week versus the quarterly price range is 0.5000000000000000000x & the price range ratio this month versus the year to date price range is 0.4000000000000000000x.

Elder Ray Index /
Selling pressure for BLX highlights ability of sellers to drive the price downwards

[BEARISH]: Beacon Lighting Elder Ray Index is signalling a Bearish movementERI is -0.0550 indicating bear power. Prices are being driven below the consensus of value for BLX during the last trading session [Selling Pressure]

Moving Average Envelope /
Oversold signal continues for Beacon Lighting indicating upward price movement is likely

[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 1.4630.

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Exponential Moving Average /
Beacon Lighting : Exponential Moving Average(5) (1.48929)

[BULLISH]: Beacon Lighting currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 0.7%.

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

[BEARISH]: Beacon Lighting currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.7%.

Traders are currently Distributing Beacon Lighting
On Balance Volume /
Traders are currently Distributing Beacon Lighting

[BEARISH]: Beacon Lighting current price has highlighted recent distribution. Currently, the OBV is -96946.

Sine Weighted Moving Average /
Price is now trading above the Sine Weighted Moving Average(5) for BLX

[BULLISH]: Beacon Lighting 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 0.7%.

Demarks Pivot Points /
Beacon Lighting has moved above the R1 DeMark pivot point ($1.4800) [Bullish]

Beacon Lighting has broken the first DeMark resistance point ($1.4800) [Bullish]. Look for a long limit order entry near this point. Exit price for BLX should be set @$1.5100 & Stoploss for Beacon Lighting should be set at $1.4700

Weighted Moving Average /
Beacon Lighting is in a short term uptrend with the closing price @$1.4900

[BULLISH]: Beacon Lighting 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 0.7%.

Beacon Lighting  has signalled an ATR trend present [Downtrend]
Average True Range /
Beacon Lighting has signalled an ATR trend present [Downtrend]

[Bearish]: Average True Range has confirmed an downtrend is present. Beacon Lighting has a TR of 0.0400, and an ATR(14) of 0.0550.

Beacon Lighting : Look for a short limit order entry @$1.4640
Pivot Points /
Beacon Lighting : Look for a short limit order entry @$1.4640

Beacon Lighting has broken the first support point ($1.4640) [Bearish]. Look for a short limit order entry near this point. Exit price for BLX should be set @$1.4370 & short position stoploss for Beacon Lighting should be set between $1.5170 & $1.5440

Low Price /
Beacon Lighting : Daily low price is $1.4500 [Lower Low]

BLX: LOW Recent Trading -> (1) 20 Apr: 1.4500 (2) 19 Apr: 1.4500 (3) 18 Apr: 1.4550

Medium Trend /
Beacon Lighting has maintained the 2nd timeframe trend [Downtrend]

[BEARISH]: Beacon Lighting has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Mar 22 2018.

Close Tod Vs Range Tod /
The daily battle of control for Beacon Lighting was won by the buyers

[BULLISH]: Beacon Lighting buyers are in control at the market close. This is the first day of buyer commitment 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 95 trading days with the closing price in the upper part of the range giving a confirmation ratio of 36.1%. Over the last month there has been 4 trading days with the closing price in the upper range giving a confirmation ratio of 26.7%. Currently this quarter, closing price has spent 4 days in the upper price range compared to 3 days in the lower range giving a ratio of 1.3x.

Beacon Lighting  Ease of Movement is -0.1220 [Difficult to Move]
Ease of Movement /
Beacon Lighting Ease of Movement is -0.1220 [Difficult to Move]

BLX: EOM Recent Trading -> (1) 20 Apr: -0.1220 (2) 19 Apr: -0.6250 (3) 18 Apr: 0.0060

Negative ROC: Price is trading lower for Beacon Lighting  than 14 days ago
Rate of Change /
Negative ROC: Price is trading lower for Beacon Lighting than 14 days ago

[BEARISH]: Beacon Lighting currently has negative rate of change of -2.6000%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Limit order for a long position has been identified for Beacon Lighting  @$138.9500
Fibonacci Extensions /
Limit order for a long position has been identified for Beacon Lighting @$138.9500

Beacon Lighting : The current Fibonacci Extension levels are: (23.61%) $1.4800: (38.2%) $1.5000: (50%) $1.5200: (61.8%) $1.5400The current support levels are: (78.6%) $1.5700: (100%) $1.6000: (138.2%) $1.6600: (161.8%) $1.7000: (261.8%) $1.8600: (423.61%) $2.1200

Volume /
Strong volume performance from BLX has seen a higher volume of 719.3 [Uptrend]

BLX: VOLUME Recent Trading -> (1) 20 Apr: 163887 (2) 19 Apr: 20004 (3) 18 Apr: 1.78913e+006

High Price /
Beacon Lighting has failed to achieve a lower high of $1.49 (-0.7000000000000000 %)

[BEARISH]: Beacon Lighting current downtrend in the first timeframe. Currently, the HIGH is -0.7000000000000000 %.

Daily Volume Index /
Beacon Lighting is being actively accumulated based on DVI

[BULLISH]: Beacon Lighting current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 267.

Opening Price /
Recent trading for Beacon Lighting has opened 0.0000000000000000 % higher than previous session

BLX: OPEN Current Signal -> (1) 20 Apr: NEUTRAL (2) 19 Apr: NEUTRAL (3) 18 Apr: BEARISH

BLX Basic Candle: White
White Candle /
BLX Basic Candle: White

[BULLISH]: Beacon Lighting has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

Price is currently below the displaced moving average for BLX [Bearish]
Detrended Price Oscillator /
Price is currently below the displaced moving average for BLX [Bearish]

BLX: DPO Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH

Close Tod Vs Close Yest /
Buyers are now keener than sellers for Beacon Lighting & are driving the price up.

BLX: Recent performance signals ->(1) 20 Apr: BULLISH (2) 19 Apr: NEUTRAL (3) 18 Apr: NEUTRAL

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