Technical analysis from Consolidated Gaming Corporation (CGC.AX, ASX:CGC.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Consolidated Gaming Corporation
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[Bullish]: Consolidated Gaming Corporation has opened 0.7 % stronger
Opening Price /
[Bullish]: Consolidated Gaming Corporation has opened 0.7 % stronger

[BULLISH]: Consolidated Gaming Corporation opening price has gapped up. Currently, the OPEN is $8.75 (0.7 %).

CGC: Current trading activity signals DVI accumulation is active
Daily Volume Index /
CGC: Current trading activity signals DVI accumulation is active

[BULLISH]: Consolidated Gaming Corporation current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 5228.

Williams %R /
CGC: William %R continues to move above the Overbought limit @-10.6

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

Commodity Channel Index /
Price extreme for CCI confirms signal reversal for Consolidated Gaming Corporation

CGC: CCI Current Signal ->(1) 19 Jun: BEARISH (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH

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

[BULLISH]: Consolidated Gaming Corporation 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 -1.0%.

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

[BULLISH]: Consolidated Gaming Corporation currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -1.0%.

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High Price /
Consolidated Gaming Corporation: Daily high performance is 0.3 % [Uptrend]

CGC: HIGH Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Consolidated Gaming Corporation: ARO(84) has signalled a strong uptrend is current
Aroon Oscillator /
Consolidated Gaming Corporation: ARO(84) has signalled a strong uptrend is current

CGC: Aroon Oscillator Current Signal -> (1) 19 Jun: BULLISH STRONG (2) 18 Jun: BULLISH STRONG (3) 15 Jun: BULLISH STRONG

Consolidated Gaming Corporation has signalled an ATR trend present [Downtrend]
Average True Range /
Consolidated Gaming Corporation has signalled an ATR trend present [Downtrend]

[Bearish]: Average True Range has confirmed an downtrend is present. Consolidated Gaming Corporation has a TR of 0.15, and an ATR(14) of 0.188.

Bollinger Bands /
Consolidated Gaming Corporation is no longer overbought with the Upper Bollinger Band @$8.82

CGC: Bollinger Bands Current Signal -> (1) 19 Jun: BULLISH CROSSUNDER (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH CROSSOVER

Close Tod Vs Close Yest /
This quarter, the largest downswing rally has been 4 days giving a total rally downward movement of -3.4%

[BEARISH]: Consolidated Gaming Corporationsellers are keener than buyers and are driving the price down. This is the first day of price decline for CGC adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.0 & the greatest daily negative change this year has been -4.3. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -8.5%. This quarter, the largest downswing rally has been 4 days giving a total rally downward movement of -3.4%. 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 1.2x. Over the last month the average daily downward movement has been -0.600000%

Demarks Pivot Points /
[Long]: Exit price for CGC should be set @$8.725

Consolidated Gaming Corporation has broken the first DeMark resistance point ($8.6875) [Bullish]. Look for a long limit order entry near this point. Exit price for CGC should be set @$8.725 & Stoploss for Consolidated Gaming Corporation should be set at $8.575

CMF showing buying pressure & potential change in direction for CGC
Chaikin Money Flow /
CMF showing buying pressure & potential change in direction for CGC

[BULLISH]: Consolidated Gaming Corporation current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.25. CGC received a confirmed CMF crossover days on the Jun 4 2018. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.33 occurring on the Jun 4 2018.

Positive VROC for Consolidated Gaming Corporation is a leading indicator for continued price rise
Volume Rate of Change /
Positive VROC for Consolidated Gaming Corporation is a leading indicator for continued price rise

[BULLISH]: Consolidated Gaming Corporation currently has positive volume of change of 5%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -1%.

Closing Price /
Consolidated Gaming Corporation: Daily closing price is $8.65 [Bearish]

[BEARISH]: Consolidated Gaming Corporation current downtrend in the first timeframe. Currently, the Close is $8.65.

Sine Weighted Moving Average /
Consolidated Gaming Corporation: Closing price $8.65 is above the SWMA(5) @$8.571

[BULLISH]: Consolidated Gaming Corporation currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -1.0%.

Fibonacci Extensions /
Consolidated Gaming Corporation: Look for a short limit order entry @$0.41

Consolidated Gaming Corporation has moved above the 161.8% level ($0.41) [Bearish]. Look for a short limit order entry near this point. Exit price for CGC should be set @$0.36 & short position stoploss for Consolidated Gaming Corporation should be set at $0.47

[Strong Trend]: Average Directional Index @39.62 has confirmed a strong trend for CGC
Average Directional Movement /
[Strong Trend]: Average Directional Index @39.62 has confirmed a strong trend for CGC

[Trend]: ADX for CGC has confirmed a strong trend is present. Consolidated Gaming Corporation has an ATR(14) of 0.188, a DX of 71.25 & an ADX(14) of 39.62

Envelope bands Overbought signal is still current for Consolidated Gaming Corporation [Bearish]
Moving Average Envelope /
Envelope bands Overbought signal is still current for Consolidated Gaming Corporation [Bearish]

[BEARISH]: Consolidated Gaming Corporation current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 8.3265.

PPO has positive momentum signalling a continuation of upward price rise for CGC
Percentage Price /
PPO has positive momentum signalling a continuation of upward price rise for CGC

[BULLISH]: Consolidated Gaming Corporation currently has positive PPO 4.053%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Price Range /
[Bullish]: Consolidated Gaming Corporation has beaten previous trading range

[BULLISH]: Consolidated Gaming Corporation current uptrend in the first timeframe. Currently, the Range is $0.15.

Weighted Moving Average /
[Bullish]: WMA(5) is serving as a support line for Consolidated Gaming Corporation

[BULLISH]: Consolidated Gaming Corporation 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 -1.0%.

Ease of Movement /
Price spike from high volume trading for Consolidated Gaming Corporation during last trading session

CGC: EOM Current Signal -> (1) 19 Jun: BULLISH HARD (2) 18 Jun: BULLISH HARD (3) 15 Jun: BULLISH HARD

Medium Trend /
Consolidated Gaming Corporation: 2nd timeframe trend Uptrend remains intact

[BULLISH]: Consolidated Gaming Corporation is in an uptrend in the medium term timeframe. The current rally number is 85 & the highest rally count for the LTM is 85. The highest rally for the month is 12

[Bullish]: Consolidated Gaming Corporation currently has positive MACD histogram 0.0984
MACD /
[Bullish]: Consolidated Gaming Corporation currently has positive MACD histogram 0.0984

CGC: MACD Recent Trading -> (1) 19 Jun: 0.0984 (2) 18 Jun: 0.1054 (3) 15 Jun: 0.0957

Daily trading has confirmed the DPO(20) is bullish for Consolidated Gaming Corporation
Detrended Price Oscillator /
Daily trading has confirmed the DPO(20) is bullish for Consolidated Gaming Corporation

[BULLISH]: Consolidated Gaming Corporation currently has a confirmed uptrend. Price is currently above the displaced moving average for CGC. Currently, the return on DPO20 is -1.0%.

Open Tod Vs Close Tod /
Consolidated Gaming Corporation: Sellers have taken control.

[BEARISH]: Consolidated Gaming Corporation opened in the middle part of daily range at 66.7% & closed in the lower part of the trading range at 0%. This suggests the sellers have taken control. Over the last 12 months there has been 32 trading days with the opening price in the middle shadow & the closing the price in the lower shadow giving a confirmation ratio of 12.2%. Over the last month there has been 1 trading days with the opening price in the middle price range & the closing the price in the lower price range giving a confirmation ratio of 8.3%.

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