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

Challenger Financial Services
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[Downtrend]: Price for Challenger Financial Services  is currently below the displaced moving average
Detrended Price Oscillator /
[Downtrend]: Price for Challenger Financial Services is currently below the displaced moving average

CGF: DPO Recent Trading -> (1) 20 Feb: -1.4945 (2) 19 Feb: -1.4735 (3) 16 Feb: -1.548

Ulcer index has increased as the price has fallen for Challenger Financial Services
Ulcer Index /
Ulcer index has increased as the price has fallen for Challenger Financial Services

[BULLISH]: Challenger Financial Services UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 8.393.

Ease of Movement /
Challenger Financial Services Ease of Movement is -0.058 [Difficult to Move]

CGF: EOM Current Signal -> (1) 20 Feb: BEARISH HARD (2) 19 Feb: BEARISH HARD (3) 16 Feb: BULLISH HARD

MACD Volume /
Volume MACD oscillator is now negative for CGF

CGF: Volume MACD Recent Trading -> (1) 20 Feb: -63393 (2) 19 Feb: 63256 (3) 16 Feb: 172120

On Balance Volume /
Challenger Financial Services : Confirmation of stock distribution

CGF: OBV Current Signal ->(1) 20 Feb: BEARISH (2) 19 Feb: BEARISH (3) 16 Feb: BEARISH

Moving Average Envelope /
Closing price ($12.33) for CGF is still below the Lower Envelope Band

[BULLISH]: Challenger Financial Services current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 12.5115.

CGF Basic Candle: Short White
Short White Candle /
CGF Basic Candle: Short White

[BULLISH WEAK]: Challenger Financial Services has formed a Short White candlestick. This means, CGF has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

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Average True Range /
Challenger Financial Services : Average True Range (0.333) has confirmed an downtrend is present

[Bearish]: Average True Range has confirmed an downtrend is present. Challenger Financial Services has a TR of 0.16, and an ATR(14) of 0.333.

Challenger Financial Services  has moved below the S1 Woodie pivot point ($12.25) [Bearish]
Woodie Pivot Point /
Challenger Financial Services has moved below the S1 Woodie pivot point ($12.25) [Bearish]

Challenger Financial Services has broken the first Woodie support point ($12.25) [Bearish]. Look for a short limit order entry near this point. Exit price for CGF should be set @$12.165 & short position stoploss for Challenger Financial Services should be set at $12.485

Challenger Financial Services : High Wave Line
High Wave Line /
Challenger Financial Services : High Wave Line

CGF: Reversal (Weak) Candlestick Current Signal -> (1) 20 Feb: REVERSAL (2) 19 Feb: NEUTRAL (3) 16 Feb: BEARISH

Daily Volume Index /
Market conditions are indicating DVI accumulation is current for CGF

[BULLISH]: Challenger Financial Services current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Long Trend /
CGF: Long term trend is still an Uptrend

CGF: Long Term Trend Current Signal -> (1) 20 Feb: BULLISH (2) 19 Feb: BULLISH (3) 16 Feb: BULLISH

Volume /
Recent trading for Challenger Financial Services fell short of the previous volume by -28.7

CGF: VOLUME Current Signal -> (1) 20 Feb: BEARISH (2) 19 Feb: BULLISH (3) 16 Feb: BEARISH

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

CGF: TMA Current Signal -> (1) 20 Feb: BULLISH (2) 19 Feb: BULLISH (3) 16 Feb: BULLISH CROSSOVER

Price volatility is low for CGF based on the lower price range ($0.16) [Downtrend]
Price Range /
Price volatility is low for CGF based on the lower price range ($0.16) [Downtrend]

CGF: Price Range Recent Trading -> (1) 20 Feb: 0.16 (2) 19 Feb: 0.25 (3) 16 Feb: 0.27

Closing Price /
Weaker price performance from CGF has seen a lower close of -0.4 % [Downtrend]

[BEARISH]: Challenger Financial Services current downtrend in the first timeframe. Currently, the Close is $12.33.

Accumulation / Distribution /
Distribution still active for Challenger Financial Services

[BEARISH]: Challenger Financial Services current distribution has given weakness to the share price and the continuation of bearish trading conditions.

High Price /
[Bearish]: Lower high has formed for CGF by -0.4 % during the last trading session

[BEARISH]: Challenger Financial Services current downtrend in the first timeframe. Currently, the HIGH is -0.4 %.

Challenger Financial Services : Aroon Oscillator (-48)
Aroon Oscillator /
Challenger Financial Services : Aroon Oscillator (-48)

[BEARISH]: Challenger Financial Services has a current ARU(25) of 32 and a current ARD(25) of 80

The SWMA trend following signal is still current for Challenger Financial Services  [Bearish]
Sine Weighted Moving Average /
The SWMA trend following signal is still current for Challenger Financial Services [Bearish]

CGF: SWMA Current Signal -> (1) 20 Feb: BULLISH (2) 19 Feb: BULLISH (3) 16 Feb: BULLISH CROSSOVER

Stochastic Oscillator for CGF is still below the oversold limit signalling a bullish movement
Stochastic Oscillator /
Stochastic Oscillator for CGF is still below the oversold limit signalling a bullish movement

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

Momentum /
Momentum continues to fall for Challenger Financial Services signalling an downtrend will persist

[BEARISH]: Challenger Financial Services currently has negative momentum of -0.49 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.4%.The largest downward momentum rally for the last 3 months is 5 days producing a return of -0.4%%.

Close Tod Vs Close Yest /
Closing price for CGF ($12.33) signals sellers are now keener than buyers

[BEARISH]: Challenger Financial Services sellers are keener than buyers and are driving the price down. This is the first day of price decline for CGF adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -6.4 & the greatest daily negative change this year has been -6.4. The longest consecutive downswing rally over the last 12 months has been 5 days giving a total rally downward movement of -10.6%. This quarter, the largest downswing rally has been 4 days giving a total rally downward movement of -7.1%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -2.1%

Demarks Pivot Points /
Long positions for Challenger Financial Services should be set between $12.3425 & $12.445

Challenger Financial Services has broken the first DeMark resistance point ($12.3425) [Bullish]. Look for a long limit order entry near this point. Exit price for CGF should be set @$12.445 & Stoploss for Challenger Financial Services should be set at $12.285

Fibonacci Extensions /
Challenger Financial Services has broken above the 161.8% extension level ($2.44) [Bearish]

Challenger Financial Services has moved above the 161.8% level ($2.44) [Bearish]. Look for a short limit order entry near this point. Exit price for CGF should be set @$2.22 & short position stoploss for Challenger Financial Services should be set at $2.66

Challenger Financial Services  is no longer oversold
Commodity Channel Index /
Challenger Financial Services is no longer oversold

[NEUTRAL]: Challenger Financial Services current trading has closed out Commodity Channel Index to oversold status and signalled the initiation of normal trading conditions. Currently, the CCI is -96. The previous bullish signal was active for 0 day. During the quarter, the lowest CCI value was -445.

MACD /
[Bearish]: Challenger Financial Services currently has negative MACD histogram -0.080000

CGF: MACD Current Signal -> (1) 20 Feb: BEARISH (2) 19 Feb: BEARISH CROSSOVER (3) 16 Feb: BEARISH CROSSOVER

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