Technical analysis from Bank Of Queensland (BOQ.AX, ASX:BOQ) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Bank Of Queensland
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Bank Of Queensland opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 28.6%. This suggests the sellers were in control all day.
Open Tod Vs Close Tod /
Bank Of Queensland opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 28.6%. This suggests the sellers were in control all day.

[BEARISH STRONG]: Bank Of Queensland opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 28.6%. This suggests the sellers were in control all day. Over the last 12 months there has been 46 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 17.5%. Over the last month there has been 5 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 33.3%.

Potential CCI trend reversal has been identified with Bank Of Queensland
Commodity Channel Index /
Potential CCI trend reversal has been identified with Bank Of Queensland

[BEARISH]: Bank Of Queensland current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 187. BOQ received a confirmed CCI crossover on the Oct 18 2017.The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 246.

Elders Force Index /
Elders Force Index (33152) has signalled buying pressure has continued for BOQ

[BULLISH]: Bank Of Queensland current price has highlighted recent buying pressure. Currently, the Elders Force Index is 33152.

Elder Ray Index /
Daily trading has increased the bull power to drive prices for Bank Of Queensland

BOQ: Elder Ray Index Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

Pivot Points /
[Short]: Entry price for BOQ should be set @$13.34

Bank Of Queensland has broken the first support point ($13.34) [Bearish]. Look for a short limit order entry near this point. Exit price for BOQ should be set @$13.28 & short position stoploss for Bank Of Queensland should be set between $13.56 & $13.62

Sine Weighted Moving Average /
BOQ: Price continues to move above the SWMA(5) @$13.254

[BULLISH]: Bank Of Queensland 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%.

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Percentage Volume /
Positive momentum on volume for BOQ is maintained & supports a bullish move is likely

BOQ: PVO Recent Trading -> (1) 20 Oct: 14.69 (2) 19 Oct: 21.12 (3) 18 Oct: 24.95

BOQ Basic Candle: Short Black
Short Black Candle /
BOQ Basic Candle: Short Black

[BEARISH]: Bank Of Queensland has formed a Short Black candlestick. This means, BOQ has limited price movement derived from weak selling pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Low for BOQ has surpassed the low of the previous trading session
Low Price /
Low for BOQ has surpassed the low of the previous trading session

[BEARISH]: Bank Of Queensland current uptrend in the first timeframe. Currently, the Low is $13.36 (0.4 %).

Closing Price /
[Bearish]: Lower close has formed for BOQ by -0.7 % during the last trading session

[BEARISH]: Bank Of Queensland current downtrend in the first timeframe. Currently, the Close is $13.4.

Close Tod Vs Range Tod /
Trading for Bank Of Queensland highlights the commitment of sellers to carry positions overnight.

[BEARISH]: Bank Of Queensland sellers in control. This is the first day of seller commitment for Bank Of Queensland 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 98 trading days with the closing price in the lower part of the range giving a confirmation ratio of 37.3%. Over the last month there has been 7 trading days with the closing price in the lower range giving a confirmation ratio of 46.7%. Currently this quarter, closing price has spent 7 days in the lower price range compared to 5 days in the upper range giving a ratio of 1.4x.

Daily Volume Index /
DVI: Distribution still active for Bank Of Queensland

[BEARISH]: Bank Of Queensland current distribution has given weakness to the share price and the continuation of bearish trading conditions.

Ulcer index has fallen as the price rises for Bank Of Queensland
Ulcer Index /
Ulcer index has fallen as the price rises for Bank Of Queensland

[BEARISH]: Bank Of Queensland UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.622.

Bank Of Queensland: Daily high price is $13.5 [Lower High]
High Price /
Bank Of Queensland: Daily high price is $13.5 [Lower High]

[BEARISH]: Bank Of Queensland current downtrend in the first timeframe. Currently, the HIGH is -0.1 %.

Fibonacci Extensions /
The 161.8% Fibonacci extension level for BOQ has moved to the upper limit. Stoploss should be positioned @$5.2

Bank Of Queensland has moved above the 161.8% level ($5.99) [Bearish]. Look for a short limit order entry near this point. Exit price for BOQ should be set @$6.78 & short position stoploss for Bank Of Queensland should be set at $5.2

Bill Williams Market Facilitation /
Trend continuation possible for BOQ from reduced trading activity

Bank Of Queensland Currently is a confirmed Fake Day. MFI indicator is up, volume is down for BOQ. Trend continuation possible for BOQ from reduced trading activity.

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

[BULLISH]: Bank Of Queensland currently has a confirmed uptrend. Price is currently above the displaced moving average for BOQCurrently, the return on DPO20 is -0.7%.

Chaikin Oscillator showing selling pressure for BOQ
Chaikin Money Flow /
Chaikin Oscillator showing selling pressure for BOQ

[BEARISH]: Bank Of Queensland current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.08. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.32

Bank Of Queensland has signalled an ATR trend present [Downtrend]
Average True Range /
Bank Of Queensland has signalled an ATR trend present [Downtrend]

[Bearish]: Average True Range has confirmed an downtrend is present. Bank Of Queensland has a TR of 0.14, and an ATR(14) of 0.204.

Closing price for BOQ ($13.4) signals sellers are now keener than buyers
Close Tod Vs Close Yest /
Closing price for BOQ ($13.4) signals sellers are now keener than buyers

[BEARISH]: Bank Of Queenslandsellers are keener than buyers and are driving the price down. This is the first day of price decline for BOQ adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.8 & the greatest daily negative change this year has been -4.4. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -9.2%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -2.6%. The loss ratio for price decline 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 -0.9%

Williams %R /
William %R overbought signal has just been neutralized for Bank Of Queensland

[BULLISH]: Bank Of Queensland is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Moving Average Envelope /
Envelope bands Oversold signal is still current for Bank Of Queensland [Bullish]

[BULLISH]: Bank Of Queensland current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 12.3690.

MACD /
MACD for Bank Of Queensland continues to gain momentum @0.051000

BOQ: MACD Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BULLISH CROSSOVER (3) 18 Oct: BULLISH CROSSOVER

Woodie Pivot Point /
Bank Of Queensland has moved below the S1 Woodie pivot point ($13.33) [Bearish]

Bank Of Queensland has broken the first Woodie support point ($13.33) [Bearish]. Look for a short limit order entry near this point. Exit price for BOQ should be set @$13.275 & short position stoploss for Bank Of Queensland should be set at $13.555

The EMA trend following signal is still current for Bank Of Queensland [Bullish]
Exponential Moving Average /
The EMA trend following signal is still current for Bank Of Queensland [Bullish]

[BULLISH]: Bank Of Queensland 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%.

[Bullish]: WMA(5) is serving as a support line for Bank Of Queensland
Weighted Moving Average /
[Bullish]: WMA(5) is serving as a support line for Bank Of Queensland

[BULLISH]: Bank Of Queensland 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%.

Rate of Change /
Rate of change(14) is increasing for Bank Of Queensland

BOQ: ROC Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

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