Technical analysis from Challenger Financial Services (CGF.AX, ASX:CGF.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Challenger Financial Services
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This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 12.8%
Close Tod Vs Close Yest /
This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 12.8%

CGF: Recent performance signals ->(1) 20 Jun: BULLISH (2) 19 Jun: NEUTRAL (3) 18 Jun: BULLISH

Stoploss for Challenger Financial Services  should be set at $12.103
Woodie Pivot Point /
Stoploss for Challenger Financial Services should be set at $12.103

Challenger Financial Services has broken the first Woodie resistance point ($12.496) [Bullish]. Look for a long limit order entry near this point. Exit price for CGF should be set @$12.683 & Stoploss for Challenger Financial Services should be set at $12.103

Range Tod Vs Range Yest /
CGF: Price range ratio this month versus the year to date price range is 0.2000000000000000000x.

[BULLISH]: Challenger Financial Services buyers are increasingly eager. There has been 2 consecutive days of range increase for CGF adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.7700 & the greatest daily price range this year has been $3.7300. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.2x.

On Balance Volume /
Challenger Financial Services is being actively accumulated based on OBV

CGF: OBV Current Signal ->(1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: BULLISH

Average True Range /
Daily trading has confirmed an ATR downtrend (0.297) for Challenger Financial Services

[Bearish]: Average True Range has confirmed an downtrend is present. Challenger Financial Services has a TR of 0.29, and an ATR(14) of 0.297.

Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for Challenger Financial Services

[BEARISH]: Challenger Financial Services 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 0.1%.

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Aroon Oscillator /
[Downtrend]: Aroon oscillator @-64 has confirmed a strong downtrend for CGF

[BEARISH]: Challenger Financial Services has a current ARO(25) of -64. This has change 0 points from yesterday.

[Bullish]: Challenger Financial Services  has opened 0.4 % stronger
Opening Price /
[Bullish]: Challenger Financial Services has opened 0.4 % stronger

[BULLISH]: Challenger Financial Services opening price has gapped up. Currently, the OPEN is $12.49 (0.4 %).

William %R oversold signal had been maintained for Challenger Financial Services
Williams %R /
William %R oversold signal had been maintained for Challenger Financial Services

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

Demarks Pivot Points /
[Long]: Exit price for CGF should be set @$12.465

Challenger Financial Services has broken the first DeMark resistance point ($12.3775) [Bullish]. Look for a long limit order entry near this point. Exit price for CGF should be set @$12.465 & Stoploss for Challenger Financial Services should be set at $12.175

Detrended Price Oscillator /
Challenger Financial Services : Detrended Price Oscillator(20) (-0.442)

[BEARISH]: Challenger Financial Services currently has a confirmed downtrend. Price is currently below the displaced moving average for CGF. Currently, the return on DPO20 is 0.1%.

Rate of Change /
Negative ROC: Price is trading lower for Challenger Financial Services than 14 days ago

[BEARISH]: Challenger Financial Services currently has negative rate of change of -3.591%. 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

Volume MACD for Challenger Financial Services  continues to lose momentum @-82317
MACD Volume /
Volume MACD for Challenger Financial Services continues to lose momentum @-82317

[BEARISH]: Challenger Financial Services currently has negative Volume MACD of -82317. This means the signal line is less than the Volume MACD line signalling a bearish movement.

The current price is still gaining momentum through a rise for CGF on the short term EMA.
Percentage Price /
The current price is still gaining momentum through a rise for CGF on the short term EMA.

[BULLISH]: Challenger Financial Services currently has positive PPO 0.005%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Bill Williams Market Facilitation /
Market movement acceleration likely for CGF as a result of Green Day

Challenger Financial Services Currently is a confirmed Green Day. Both MFI & volume are down for CGF. Trend continuation likely for CGF from increased trading activity.

Weighted Moving Average /
Weighted Moving Average(5) signal is confirmed for Challenger Financial Services indicating upward price movement is likely

[BULLISH]: Challenger Financial Services 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 0.1%.

Open Close Reversal /
A short term Open Close Reversal has formed with Challenger Financial Services

[BEARISH]: A short term Open Close Reversal has formed with Challenger Financial Services which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 2 occurrences of this bar reversal giving a signal probability of 0.8%.

Seller commitment has continued for Challenger Financial Services  adding strength to an downtrend in the first timeframe
Close Tod Vs Range Tod /
Seller commitment has continued for Challenger Financial Services adding strength to an downtrend in the first timeframe

CGF: Close versus price range Recent Trading ->(1) 20 Jun: 20.700000000000000% (2) 19 Jun: 31.800000000000000% (3) 18 Jun: 41.700000000000000%

Open/close reversal confirmed for Challenger Financial Services  signalling the sellers were in control all day
Open Tod Vs Close Tod /
Open/close reversal confirmed for Challenger Financial Services signalling the sellers were in control all day

[BEARISH STRONG]: Challenger Financial Services opened in the upper part of daily range at 69% & closed in the lower part of the trading range at 20.7%. This suggests the sellers were in control all day. Over the last 12 months there has been 41 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 15.6%. Over the last month there has been 4 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 30.8%.

Challenger Financial Services : 3rd timeframe trend Uptrend remains intact
Long Trend /
Challenger Financial Services : 3rd timeframe trend Uptrend remains intact

CGF: Long Term Trend Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: NEUTRAL

Triangular Moving Average /
Challenger Financial Services : Triangular Moving Average(5) (12.494)

[BEARISH]: Challenger Financial Services currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.1%.

Medium Trend /
Second timeframe trend of Challenger Financial Services remains as an Downtrend

[BEARISH]: Challenger Financial Services is in an downtrend in the medium term timeframe. The current rally number is 13 & the highest rally count for the LTM is 79. The highest rally for the month is 13

Coles Reaction Day /
CGF: Short term trend has confirmed a rally day

CGF: CRD Recent Trading -> (1) 20 Jun: Coles Rally Day (2) 19 Jun: Coles Reaction Day (3) 18 Jun: Coles Rally Day

Momentum /
Negative momentum: Price is trading lower for Challenger Financial Services than 5 days ago

[BEARISH]: Challenger Financial Services currently has negative momentum of -0.34 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 0.1%.The largest downward momentum rally for the last 3 months is 17 days producing a return of -7.4%.

Challenger Financial Services  has moved above the 161.8% extension level ($0) [Bearish]
Fibonacci Extensions /
Challenger Financial Services has moved above the 161.8% extension level ($0) [Bearish]

Challenger Financial Services has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for CGF should be set @$0 & short position stoploss for Challenger Financial Services should be set at $0

Challenger Financial Services : Elder Ray Index is 0.066 [Bullish]
Elder Ray Index /
Challenger Financial Services : Elder Ray Index is 0.066 [Bullish]

[BULLISH]: Challenger Financial Services Elder Ray Index is signalling a Bullish movementERI is 0.066 indicating bull power. Prices are being driven above the consensus of value for CGF during the last trading session [Buying Pressure]

Chaikin Money Flow /
CMF Crossover from decreased selling pressure for Challenger Financial Services

[BEARISH CROSSOVER]: Challenger Financial Services current price has highlighted recent selling pressure and the start of a bearish trading conditions. Currently, the CMF is -0.14. During the quarter, the lowest CMF value was -0.14 occurring on the Jun 19 2018.

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