Codan

+
Buying pressure for Codan continues - bullish signal

Buying pressure for Codan continues - bullish signal

[BULLISH]: Codan current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.05. Codan (ASX:CDA) received a confirmed CMF crossover days on the Apr 10 2019. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.57 occurring on the Apr 10 2019.

Codan: Camarilla Pivot ($3.267)

Codan current pivot point Camarilla is: $3.267. The current resistance levels are: (R1) $3.512: (R2) $3.785: (R3) $4.057: (R4) $4.874The current support levels are: (S1) $2.968: (S2) $2.696: (S3) $2.423: (S4) $1.607

Codan is no longer overbought

[NEUTRAL]: Codan current trading has closed out Commodity Channel Index to overbought status and signalled the initiation of normal trading conditions. Currently, the CCI is 19. The previous bearish signal was active for 1 day. During the quarter, the highest CCI value was 243.

CDA Basic Candle: Black Marubozu

[BEARISH]: Codan has formed a Black Marubozu candlestick. This means, CDA has received strong selling confidence and downward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Load More
back to top