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

[BEARISH]: BSEsellers are keener than buyers and are driving the price down. This is the first day of price decline for BSE adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -5.9 & the greatest daily negative change this year has been -7.4. The longest consecutive downswing rally over the last 12 months has been 3 days giving a total rally downward movement of -18%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -5.9%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.3x giving a total win/loss ratio of 0.9x. Over the last month the average daily downward movement has been -3.1%

[BEARISH]: BSE currently has negative Volume MACD of -49193. This means the signal line is less than the Volume MACD line signalling a bearish movement.

BSE has broken the first support point ($0.234) [Bearish]. Look for a short limit order entry near this point. Exit price for BSE should be set @$0.227 & short position stoploss for BSE should be set between $0.257 & $0.264

[BEARISH]: BSE currently has negative rate of change of -11.1%. 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

BSE: EOM Current Signal -> (1) 19 Apr: BEARISH HARD (2) 18 Apr: BEARISH HARD (3) 17 Apr: BULLISH HARD

[BEARISH WEAK]: BSE opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 33.3%. This suggests the sellers have lost commitment. Over the last 12 months there has been 30 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 11.4%. Over the last month there has been 2 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 14.3%.

[BULLISH]: BSE current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.2. BSE received a confirmed CMF crossover days on the Apr 12 2018.The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.27 occurring on the Apr 12 2018.

[BULLISH]: BSE current uptrend in the first timeframe. Currently, the Range is $0.015.

[Trend]: ADX for BSE has confirmed a strong trend is presentBSE has an ATR(14) of 0.009, a DX of 49.85 & an ADX(14) of 38.05

[BEARISH]: BSE currently has negative PPO -2.100%. This means the current price is losing momentum through a fall on the short term exponential moving average.

[BULLISH CROSSOVER]: BSE has initiated an oversold signal, highlighting the potential for a short term trend reversal in the upward direction. The current level is -2.61% with a current width of 14.45.

BSE has broken the first Woodie support point ($0.232) [Bearish]. Look for a short limit order entry near this point. Exit price for BSE should be set @$0.226 & short position stoploss for BSE should be set at $0.256

BSE: TMA Current Signal -> (1) 19 Apr: BULLISH (2) 18 Apr: BEARISH (3) 17 Apr: BEARISH

[BULLISH CROSSOVER]: BSE current price has driven Envelope Bands to become oversold signalling the start of bullish trading conditions. Currently, the Lower Band is 0.2470.

[BEARISH CROSSOVER]: BSE currently has negative momentum of -0.01 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -5.9%.The largest downward momentum rally for the last 3 months is 8 days producing a return of -7.7%%.

[BULLISH]: BSE current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 4.39027e+006. day.