BXB | Australian Securities Exchange

Brambles
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Recent trading indicates ADX strong trend direction likely for BXB
Average Directional Movement /
Recent trading indicates ADX strong trend direction likely for BXB

[Trend]: ADX for BXB has confirmed a strong trend is present. Brambles has an ATR(14) of 0.18, a DX of 28.7 & an ADX(14) of 29.06

BXB.AX is no longer overbought @ 84
Commodity Channel Index /
BXB.AX is no longer overbought @ 84

[NEUTRAL]: Brambles current trading has closed out Commodity Channel Index to overbought status and signalled the initiation of normal trading conditions. Currently, the CCI is 84. The previous bearish signal was active for 1 day. During the quarter, the highest CCI value was 186.

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

[BEARISH]: Brambles current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 10.2375.

Momentum /
Positive momentum: Price is trading higher for Brambles than 5 days ago

[BULLISH]: Brambles currently has positive momentum of 0.25. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.1%. The largest upward momentum rally for the last 3 months is 4 days producing a return of 1.4%.

Fibonacci Extensions /
The 161.8% Fibonacci extension level for BXB has moved to the upper limit. Stoploss should be positioned @$1.91

Brambles has moved above the 161.8% level ($2.61) [Bearish]. Look for a short limit order entry near this point. Exit price for BXB should be set @$3.31 & short position stoploss for Brambles should be set at $1.91

Weighted Moving Average /
Weighted Moving Average(5) signal continues for Brambles indicating downward price movement is likely

BXB: WMA Current Signal -> (1) 20 Aug: BEARISH (2) 17 Aug: BEARISH CROSSOVER (3) 16 Aug: BULLISH

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Long Trend /
Third timeframe trend of Brambles remains as an Uptrend

[BULLISH]: Brambles has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 19 2018.

BXB: Volume Moving Average Convergence Divergence [Bullish]
MACD Volume /
BXB: Volume Moving Average Convergence Divergence [Bullish]

[BULLISH]: Brambles currently has positive Volume MACD of 145223. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Open/close reversal confirmed for Brambles signalling the buyers have lost commitment
Open Tod Vs Close Tod /
Open/close reversal confirmed for Brambles signalling the buyers have lost commitment

[BULLISH WEAK]: Brambles opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 36.4%. This suggests the buyers have lost commitment. Over the last 12 months there has been 2 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 0.8%. 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 middle price range giving a confirmation ratio of 14.3%.

Elder Ray Index /
Brambles: Elder Ray Index is 0.143 [Bullish]

BXB: Elder Ray Index Current Signal -> (1) 20 Aug: BULLISH (2) 17 Aug: BULLISH (3) 16 Aug: BULLISH

Chaikin Money Flow /
CMF has a bearish relationship between price and volume

[BEARISH]: Brambles current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.22. Brambles (ASX:BXB) received a confirmed CMF crossover days on the Apr 13 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.26 occurring on the Apr 13 2018.

Triangular Moving Average /
Brambles is in a short term uptrend with the support price @$9.859

[BULLISH]: Brambles currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.1%.

Brambles: Simple Moving Average(5) (9.95)
Simple Moving Average /
Brambles: Simple Moving Average(5) (9.95)

BXB: SMA(5) Current Signal -> (1) 20 Aug: BULLISH (2) 17 Aug: BULLISH (3) 16 Aug: BULLISH

Brambles: MACD @-0.0041 [Bearish]
MACD /
Brambles: MACD @-0.0041 [Bearish]

[BEARISH]: Brambles currently has negative MACD of -0.0041. This means the signal line is less than the MACD line signalling a bearish movement.

Short White Candle /
BXB Basic Candle: Short White

[BULLISH WEAK]: Brambles has formed a Short White candlestick. This means, BXB has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

On Balance Volume /
Brambles: Confirmation of stock distribution

BXB: OBV Recent Trading ->(1) 20 Aug: -6.2636e+007 (2) 17 Aug: -6.64887e+007 (3) 16 Aug: -5.9936e+007

Elders Force Index /
Brambles: Direction, extent & volume have decreased in recent trading [Selling Pressure]

[BEARISH]: Brambles current price has highlighted recent selling pressure. Currently, the Elders Force Index is -18632.

Brambles was difficult to move downward due to high volume in recent trading [Bearish]
Ease of Movement /
Brambles was difficult to move downward due to high volume in recent trading [Bearish]

[BEARISH]: Brambles current price have moved downwards on high volume. Currently, the Ease of Movement is -0.157

Brambles has moved above the R1 DeMark pivot point ($9.975) [Bullish]
Demarks Pivot Points /
Brambles has moved above the R1 DeMark pivot point ($9.975) [Bullish]

Brambles has broken the first DeMark support point ($9.975) [Bearish]. Look for a short limit order entry near this point. Exit price for BXB should be set @$9.9300 & short position stoploss for Brambles should be set at $10.04

Brambles: ATR (0.18)
Average True Range /
Brambles: ATR (0.18)

[Bearish]: Average True Range has confirmed an downtrend is present. Brambles has a TR of 0.11, and an ATR(14) of 0.18.

Rate of Change /
Rate of change(14) is increasing for Brambles

BXB: ROC Recent Trading -> (1) 20 Aug: 0.709 (2) 17 Aug: 1.325 (3) 16 Aug: 2.744

Aroon Oscillator /
Brambles: Aroon oscillator (92) has confirmed a strong uptrend is present

[BULLISH]: Brambles has a current ARO(25) of 92. This has change 0 points from yesterday.

Exponential Moving Average /
Exponential Moving Average(5) signal continues for Brambles indicating upward price movement is likely

[BULLISH]: Brambles 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 0.1%.

Accumulation / Distribution /
BXB: Current trading activity signals distribution is active

BXB: ADLINE Recent Trading -> (1) 20 Aug: -1.17185e+008 (2) 17 Aug: -1.16134e+008 (3) 16 Aug: -1.1239e+008

BXB: Percentage Volume Oscillator [Bearish Crossover]
Percentage Volume /
BXB: Percentage Volume Oscillator [Bearish Crossover]

[BEARISH CROSSOVER]: Brambles currently has negative PVO -1.31%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 0%.

The SWMA trend following signal is now active for Brambles [Bearish]
Sine Weighted Moving Average /
The SWMA trend following signal is now active for Brambles [Bearish]

[BEARISH]: Brambles currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.1%.

Detrended Price Oscillator /
Brambles: Detrended Price Oscillator(20) (0.3525)

BXB: DPO Current Signal -> (1) 20 Aug: BULLISH (2) 17 Aug: BULLISH (3) 16 Aug: BULLISH

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