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**Cardinal Resources**

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[BULLISH]: Cardinal Resources currently has a confirmed uptrend. Recent trading has caused the EMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is 0.0%.

**Confirmation of Cardinal Resources is currently being distributed**

CDV: ADLINE Recent Trading -> (1) 19 Oct: -115557 (2) 18 Oct: -115557 (3) 17 Oct: -192311

**Daily bar has confirmed has confirmed an ADX a strong trend is intact for CDV**

**Confirmation of Cardinal Resources is currently being accumulated via OBV**

[BULLISH]: Cardinal Resources current price has highlighted recent accumulation. Currently, the OBV is 27514.9.

**Cardinal Resources: Uptrend for the long term trend is continued**

[BULLISH]: Cardinal Resources is in an uptrend in the medium term timeframe. The current rally number is 6 & the highest rally count for the LTM is 241. The highest rally for the month is 15

**Australian Securities Exchange**See Trending

**Company**

[BEARISH]: Cardinal Resources currently has negative Volume MACD of -74247. This means the signal line is less than the Volume MACD line signalling a bearish movement.

[BULLISH]: Cardinal Resources (ASX:CDV) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 919.

Cardinal Resources: The current Fibonacci Retraction levels are: (23.61%) $0.43: (38.2%) $0.44: (50%) $0.45: (61.8%) $0.45The current support levels are: (78.6%) $0.46: (100%) $0.47: (138.2%) $0.49: (161.8%) $0.5: (261.8%) $0.55: (423.61%) $0.63

**Cardinal Resources: Volume rate of Change (14) Crossover**

[BEARISH CROSSOVER]: Cardinal Resources currently has negative rate of change of -90%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0%.

**Price continues to trade above the Sine Weighted Moving Average(15) for CDV**

[BULLISH]: Cardinal Resources currently has a confirmed uptrend. Recent trading has caused the SWMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 0.0%.

[BULLISH]: Cardinal Resources current price has highlighted recent buying pressure. Currently, the Elders Force Index is 381.

Cardinal Resources: The current Fibonacci Extension levels are: (23.61%) $0.43: (38.2%) $0.44: (50%) $0.45: (61.8%) $0.45The current support levels are: (78.6%) $0.46: (100%) $0.47: (138.2%) $0.49: (161.8%) $0.5: (261.8%) $0.55: (423.61%) $0.63

[BEARISH]: Cardinal Resources current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.13. Cardinal Resources (ASX:CDV) received a confirmed CMF crossover days on the Oct 10 2018. The bearish signal has been active for 1 day. During the quarter, the lowest CMF value was -0.21 occurring on the Oct 10 2018.

[BULLISH]: Cardinal Resources is currently bullish highlighting the potential for a short term trend continuation in the upward direction.

**William %R Overbought signal continues for Cardinal Resources indicating downward price movement is likely**

[BULLISH]: Cardinal Resources is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

**Cardinal Resources: MACD oscillator (0.0001)**

[BULLISH CROSSOVER]: Cardinal Resources currently has positive MACD of 0.0001. This means the signal line is greater than the MACD line signalling a bullish movement.

[BULLISH]: Cardinal Resources currently has a confirmed uptrend. Price is currently above the displaced moving average for CDV. Currently, the return on DPO20 is 0.0%.

[BULLISH]: Cardinal Resources currently has a confirmed uptrend. Recent trading has caused the SMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 0.0%.

[BULLISH]: Cardinal Resources currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 0.0%.

**Cardinal Resources is in a short term uptrend with the support price @$0.453**

CDV: WMA Current Signal -> (1) 19 Oct: BULLISH (2) 18 Oct: BULLISH CROSSOVER (3) 17 Oct: BEARISH

**Cardinal Resources: Downtrend for the medium term trend is continued**

CDV: Medium Term Current Signal -> (1) 19 Oct: BEARISH (2) 18 Oct: BEARISH (3) 17 Oct: BEARISH

**Cardinal Resources: ARO(-76) has signalled and strong downtrend is current**

[BEARISH]: Cardinal Resources has a current ARO(25) of -76. This has change 0 points from yesterday.

**Ulcer index has reduced in stress level for CDV & low drawdown is expected**

[BEARISH]: Cardinal Resources UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.936.

[BULLISH]: Cardinal Resources currently has positive PVO 9.51%. The recent volume is gaining momentum through a rise on the short term exponential moving average.

[BEARISH]: Cardinal Resources has formed a new Bear Harami reversal pattern.

[BULLISH]: Cardinal Resources is currently bullish highlighting the potential for a short term trend continuation in the upward direction.