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

Cardinal Resources
+ Share

Volume rate of change(14) is decreasing for Cardinal Resources
Volume Rate of Change /
Volume rate of change(14) is decreasing for Cardinal Resources

[BEARISH]: Cardinal Resources currently has negative rate of change of -95%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0%.

Stochastic oversold signal had been maintained for Cardinal Resources
Stochastic Oscillator /
Stochastic oversold signal had been maintained for Cardinal Resources

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

Williams %R /
William %R (-94.4) for CDV is still below the oversold limit

[BEARISH]: Cardinal Resources is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Long Trend /
Daily bar has maintained 3rd timeframe Uptrend for CDV

[BULLISH]: Cardinal Resources is in an uptrend in the medium term timeframe.. The highest rally for the month is 14

Percentage Volume /
Volume for Cardinal Resources is now losing momentum @-6.86)

[BEARISH CROSSOVER]: Cardinal Resources currently has negative PVO -6.86%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 0%.

Aroon Oscillator /
Daily trading has confirmed an Aroon strong downtrend (-88) for Cardinal Resources

[BEARISH]: Cardinal Resources has a current ARO(25) of -88. This has change 0 points from yesterday.

DVI: Distribution still active for Cardinal Resources
Daily Volume Index /
DVI: Distribution still active for Cardinal Resources

[BEARISH]: Cardinal Resources current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -501.

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Exponential Moving Average /
CDV: Price continues to move below the EMA(5) @$0.4149

[BEARISH]: Cardinal Resources currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 0.0%.

Cardinal Resources: MACD @-0.0059 [Bearish]
MACD /
Cardinal Resources: MACD @-0.0059 [Bearish]

[BEARISH]: Cardinal Resources currently has negative MACD of -0.0059. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -8.9%.

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

[BEARISH]: Cardinal Resources 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 0.0%.

Ulcer Index /
[High Stress]: High drawdown associated with recent trading of CDV

CDV: UIX Current Signal -> (1) 21 Jun: High stress (2) 20 Jun: High stress (3) 19 Jun: High stress

Average True Range /
Cardinal Resources has signalled an ATR trend present [Downtrend]

[Bearish]: Average True Range has confirmed an downtrend is present. Cardinal Resources has a TR of 0, and an ATR(14) of 0.016.

Weighted Moving Average /
Cardinal Resources is in a short term downtrend with the resistance price @$0.41

[BEARISH]: Cardinal Resources currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.0%.

Cardinal Resources is in a short term downtrend with the resistance price @$0.414
Sine Weighted Moving Average /
Cardinal Resources is in a short term downtrend with the resistance price @$0.414

CDV: SWMA Recent Trading -> (1) 21 Jun: 0.414 (2) 20 Jun: 0.421 (3) 19 Jun: 0.428

Price continues to trade below the Triangular Moving Average(5) for CDV
Triangular Moving Average /
Price continues to trade below the Triangular Moving Average(5) for CDV

CDV: TMA Current Signal -> (1) 21 Jun: BEARISH (2) 20 Jun: BEARISH (3) 19 Jun: BEARISH

Bollinger Bands /
Cardinal Resources is no longer oversold [Neutral]

[BEARISH CROSSUNDER]: Cardinal Resourcesis no longer oversold The current level is 5.35% with a current width of 22.17.

Commodity Channel Index /
Continuation of the oversold CCI signal for Cardinal Resources

[BULLISH]: Cardinal Resources current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -147. The bullish signal has been active for 7 days. During the quarter, the lowest CCI value was -237.

Momentum /
5-day momentum is decreasing for Cardinal Resources

CDV: MOM Current Signal -> (1) 21 Jun: BEARISH (2) 20 Jun: BEARISH (3) 19 Jun: BEARISH

Limit order for a long position has been identified for Cardinal Resources @$20.18
Fibonacci Extensions /
Limit order for a long position has been identified for Cardinal Resources @$20.18

Cardinal Resources has moved below the 161.8% level ($20.18) [Bullish]. Look for a long limit order entry near this point. Exit price for CDV should be set @$18.98 & Stoploss for Cardinal Resources should be set at $21.38

Cardinal Resources currently has negative rate of change for -12.903
Rate of Change /
Cardinal Resources currently has negative rate of change for -12.903

[BEARISH]: Cardinal Resources currently has negative rate of change of -12.903%. 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

[Bullish]: Cardinal Resources currently has positive Volume MACD histogram 3510
MACD Volume /
[Bullish]: Cardinal Resources currently has positive Volume MACD histogram 3510

CDV: Volume MACD Recent Trading -> (1) 21 Jun: 3510 (2) 20 Jun: 15649 (3) 19 Jun: 29183

Elder Ray Index /
Prices are being driven below the consensus of value for CDV [Bearish]

CDV: Elder Ray Index Current Signal -> (1) 21 Jun: BEARISH (2) 20 Jun: BEARISH (3) 19 Jun: BEARISH

Detrended Price Oscillator /
Cardinal Resources: Detrended Price Oscillator(20) is -0.073

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

Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Cardinal Resources

[BULLISH]: Cardinal Resources current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 0.4275.

Percentage Price /
Cardinal Resources currently has negative PPO -4.368

CDV: PPO Current Signal -> (1) 21 Jun: BEARISH (2) 20 Jun: BEARISH (3) 19 Jun: BEARISH

Cardinal Resources: Daily low performance (1.3 %)
Low Price /
Cardinal Resources: Daily low performance (1.3 %)

[BEARISH]: Cardinal Resources current uptrend in the first timeframe. Currently, the Low is $0.405 (1.3 %).

DeMark pivot point for CDV is bearish. Stoploss should be positioned @$0.405
Demarks Pivot Points /
DeMark pivot point for CDV is bearish. Stoploss should be positioned @$0.405

Cardinal Resources current pivot point (DeMark) is: (R1) $0.405. The current pivot point (DeMark) is: (S1) $0.405.

Chaikin Money Flow /
CMF showing selling pressure & potential change in direction for CDV

[BEARISH]: Cardinal Resources current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.14. CDV received a confirmed CMF crossover days on the Jun 19 2018. The bearish signal has been active for 1 day. During the quarter, the lowest CMF value was -0.14 occurring on the Jun 19 2018.

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