Technical analysis from Broadcast Services Australia (BSA.AX.AX, ASX:BSA.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Broadcast Services Australia has moved below the 161.8% level ($0.9200) [Bullish]. Look for a long limit order entry near this point. Exit price for BSA should be set @$0.8500 & Stoploss for Broadcast Services Australia should be set at $0.9900

[BULLISH]: Broadcast Services Australia buyers are in control at the market close. This is the first day of buyer commitment for Broadcast Services Australia 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 84 trading days with the closing price in the upper part of the range giving a confirmation ratio of 31.9%. Over the last month there has been 4 trading days with the closing price in the upper range giving a confirmation ratio of 23.5%. Currently this quarter, closing price has spent 4 days in the upper price range compared to 4 days in the lower range giving a ratio of 1x.

[NEUTRAL]: Broadcast Services Australia current trading has closed out money flow index overbought status and signalled the initiation of normal trading conditions. Currently, the MFI is 29.0800. The previous bearish signal was active for 0 days. During the quarter, the highest MFI value was 80.82.

BSA: LOW Current Signal -> (1) 24 Apr: NEUTRAL (2) 23 Apr: BEARISH (3) 20 Apr: NEUTRAL

Broadcast Services Australia has broken the first resistance point ($0.3410) [Bullish]. Look for a long limit order entry near this point. Exit price for BSA should be set @$0.3430 & Stoploss for Broadcast Services Australia should be set between $0.3330 & $0.3310

[BEARISH]: Broadcast Services Australia is in an downtrend in the medium term timeframe. The current rally number is 41 & the highest rally count for the LTM is 41. The highest rally for the month is 17

BSA: UIX Current Signal -> (1) 24 Apr: Low stress (2) 23 Apr: Low stress (3) 24 Apr: High stress

[Weak Trend]: ADX for BSA has confirmed a weak trend is presentBroadcast Services Australia has an ATR(14) of 0.0070, a DX of 5.6400 & an ADX(14) of 12.2500

[BEARISH]: Broadcast Services AustraliaElder Ray Index is signalling a Bearish movementERI is -0.0050 indicating bear power. Prices are being driven below the consensus of value for BSA during the last trading session [Selling Pressure]

[BEARISH]: Broadcast Services Australia currently has negative PPO -0.4000%. This means the current price is losing momentum through a fall on the short term exponential moving average.

[BEARISH]: Broadcast Services Australia currently has a confirmed downtrend. Price is currently below the displaced moving average for BSACurrently, the return on DPO20 is 1.5%.

BSA: Open today versus close yesterday Current Signal ->(1) 24 Apr: BULLISH (2) 23 Apr: BEARISH STRONG (3) 24 Apr: BEARISH STRONG

[BULLISH]: Broadcast Services Australia current price has highlighted recent accumulation. Currently, the OBV is 623409.0000.

[BEARISH]: Broadcast Services Australia current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -243.0000.

[BULLISH]: Broadcast Services Australia 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 1.5%.

[BULLISH]: Broadcast Services Australia currently has positive PVO 15.7000%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.