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

Credit Corp
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Credit Corp : Uptrend for the medium term trend is continued
Medium Trend /
Credit Corp : Uptrend for the medium term trend is continued

[BULLISH]: Credit Corp is in an uptrend in the medium term timeframe. The current rally number is 10 & the highest rally count for the LTM is 10. The highest rally for the month is 8

Credit Corp : Detrended Price Oscillator(20) (1.4005)
Detrended Price Oscillator /
Credit Corp : Detrended Price Oscillator(20) (1.4005)

CCP: DPO Current Signal -> (1) 12 Dec: BULLISH (2) 11 Dec: BULLISH (3) 08 Dec: BULLISH

Close Tod Vs Close Yest /
Sellers are now keener than buyers for Credit Corp & are driving the price down.

[BEARISH]: Credit Corp sellers are keener than buyers and are driving the price down. This is the first day of price decline for CCP adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.2 & the greatest daily negative change this year has been -3.5. The longest consecutive downswing rally over the last 12 months has been 1 days giving a total rally downward movement of -3.5%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -1.8%. 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 1.4x. Over the last month the average daily downward movement has been -0.7%

Open Tod Vs Close Tod /
Credit Corp : Over the last month there has been 1 trading days giving a confirmation ratio of 12.5%.

[BEARISH STRONG]: Credit Corp opened in the upper part of daily range at 73.3% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day. Over the last 12 months there has been 40 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 15.2%. Over the last month there has been 1 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 12.5%.

Percentage Volume /
Volume for Credit Corp is now gaining momentum @0.2)

[BULLISH CROSSOVER]: Credit Corp currently has positive PVO 0.2%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.

Relative Strength Index /
Credit Corp is still overbought with the Relative Strength Index @81.0483

[BEARISH]: Credit Corp is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @81.0483

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Closing Price /
[Bearish]: Credit Corp has failed to beat previous close by -0.2 %

CCP: CLOSE Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BULLISH (3) 08 Dec: BEARISH

Credit Corp : ATR (0.461)
Average True Range /
Credit Corp : ATR (0.461)

[Bearish]: Average True Range has confirmed an downtrend is present. Credit Corp has a TR of 0.3, and an ATR(14) of 0.461.

Stoploss for Credit Corp  should be set between $22.88 & $22.68
Pivot Points /
Stoploss for Credit Corp should be set between $22.88 & $22.68

Credit Corp has broken the first resistance point ($23.28) [Bullish]. Look for a long limit order entry near this point. Exit price for CCP should be set @$23.48 & Stoploss for Credit Corp should be set between $22.88 & $22.68

Low Price /
Credit Corp : Daily low price is $23.08 [Lower Low]

[BEARISH]: Credit Corp current uptrend in the first timeframe. Currently, the Low is $23.08 (1.5 %).

Average Directional Movement /
CCP: Average Directional Index has confirmed a very strong trend @56.55

[Stong Trend]: ADX for CCP has confirmed a very strong trend is presentCredit Corp has an ATR(14) of 0.461, a DX of 63.17 & an ADX(14) of 56.55

Volume /
Credit Corp : Daily volume performance is 66.5 [Uptrend]

[BULLISH]: Credit Corp current volume uptrend in the first timeframe. Volume for CCP is232969 (66.5).

[Uptrend]: Recent trading for CCP indicates ST trend is likely to continue
Simple Moving Average /
[Uptrend]: Recent trading for CCP indicates ST trend is likely to continue

[BEARISH]: Credit Corp currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.2%.

Credit Corp  is in a short term uptrend with the closing price @$23.08
Weighted Moving Average /
Credit Corp is in a short term uptrend with the closing price @$23.08

[BULLISH]: Credit Corp 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 -0.2%.

Dark Cloud Cover /
Credit Corp (CCP): Dark Cloud Cover short-term pattern has been confirmed

[BEARISH]: Credit Corp has formed a new bearish Dark Cloud Cover reversal pattern. This means, CCP has been in a short term uptrend with a white candle which is followed by a strong gap up on open but closes in the lower half of the previous candle. This indicates after a very strong open the bears have taken control on the close and highlights a potential trend change in the downward direction.

Range Tod Vs Range Yest /
Credit Corp : Range Performance (-31.8)

[WEAK BEARISH]: Credit Corp buyers are becoming less eager.There has been 2 consecutive days of range decrease for CCP reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $1.89 & the greatest daily price range this year has been $7.97. The price range ratio this week versus the quarterly price range is 0.3x & the price range ratio this month versus the year to date price range is 0.2x.

Close Reversal /
A short term Close Reversal has formed with Credit Corp

[BEARISH]: A short term Close Reversal has formed with Credit Corp which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 3 occurrences of this bar reversal giving a signal probability of 1.1%.

CCP Basic Candle: Black
Black Candle /
CCP Basic Candle: Black

CCP: Basic Candlestick Recent Trading -> (1) 12 Dec: Black Candle (2) 11 Dec: White Candle (3) 08 Dec: Black Candle

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

CCP: EMA(5) Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BEARISH (3) 08 Dec: BEARISH

Price for CCP has opened stronger than close of the previous trading session
Opening Price /
Price for CCP has opened stronger than close of the previous trading session

[BULLISH]: Credit Corp opening price has gapped up. Currently, the OPEN is $23.3 (2 %).

Aroon Oscillator /
Credit Corp : Aroon oscillator (88) has confirmed a strong uptrend is present

[BULLISH]: Credit Corp has a current ARO(25) of 88. This has change 0 points from yesterday.

Ease of Movement /
Price was easily moved upward in recent trading on low volume causing an uptrend in price for CCP

CCP: EOM Current Signal -> (1) 12 Dec: BULLISH EASY (2) 11 Dec: BEARISH EASY (3) 08 Dec: BULLISH EASY

Fibonacci Extensions /
Credit Corp has broken above the 161.8% extension level ($0.21) [Bearish]

Credit Corp has moved above the 161.8% level ($0.21) [Bearish]. Look for a short limit order entry near this point. Exit price for CCP should be set @$0.28 & short position stoploss for Credit Corp should be set at $0.14

Percentage Price /
Credit Corp currently has positive PPO 2.300

[BULLISH]: Credit Corp currently has positive PPO 2.300%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Traders are currently accumulating Credit Corp
On Balance Volume /
Traders are currently accumulating Credit Corp

[BULLISH]: Credit Corp current price has highlighted recent accumulation. Currently, the OBV is 1.44149e+006.

14-day volume rate of change is increasing for Credit Corp
Volume Rate of Change /
14-day volume rate of change is increasing for Credit Corp

[BULLISH]: Credit Corp currently has positive volume of change of 71%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.2%.

Long Trend /
Credit Corp has maintained the 3rd timeframe trend [Uptrend]

[BULLISH]: Credit Corp is in an uptrend in the medium term timeframe. The current rally number is 10 & the highest rally count for the LTM is 10. The highest rally for the month is 8

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