Technical analysis from Champion Iron (CIA.AX.AX, ASX:CIA.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Champion Iron
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Champion Iron has moved below the S1 DeMark pivot point ($1.435) [Bearish]
Demarks Pivot Points /
Champion Iron has moved below the S1 DeMark pivot point ($1.435) [Bearish]

Champion Iron has broken the first DeMark support point ($1.435) [Bearish]. Look for a short limit order entry near this point. Exit price for CIA should be set @$1.42 & short position stoploss for Champion Iron should be set at $1.44

Champion Iron is no longer oversold [Neutral]
Williams %R /
Champion Iron is no longer oversold [Neutral]

CIA: William %R Recent Trading -> (1) 11 Jan: -38.9 (2) 11 Jan: -90.2 (3) 11 Jan: -0

Opening Price /
[Bullish]: Opening performance for CIA of 0 % was achieved in last trading session

CIA: OPEN Current Signal -> (1) 11 Jan: NEUTRAL (2) 10 Jan: BEARISH (3) 09 Jan: BEARISH

Exponential Moving Average /
CIA: Price continues to move below the EMA(5) @$1.45016

[BEARISH]: Champion Iron 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 -1.4%.

Camarilla Pivot Points /
Champion Iron: Camarilla Pivot ($1.437)

Champion Iron current pivot point Camarilla is: $1.437. The current resistance levels are: (R1) $1.55: (R2) $1.67: (R3) $1.789: (R4) $2.148The current support levels are: (S1) $1.31: (S2) $1.19: (S3) $1.071: (S4) $0.711

Ease of Movement /
Champion Iron was difficult to move downward due to high volume in recent trading [Bearish]

CIA: EOM Current Signal -> (1) 11 Jan: BEARISH HARD (2) 11 Jan: BEARISH HARD (3) 11 Jan: BULLISH HARD

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Medium Trend /
CIA: Medium term trend has confirmed an Uptrend

[BULLISH]: Champion Iron is in an uptrend in the medium term timeframe. The current rally number is 5 & the highest rally count for the LTM is 39. The highest rally for the month is 8

Weaker price performance from CIA has seen a lower close of -1.4 % [Downtrend]
Closing Price /
Weaker price performance from CIA has seen a lower close of -1.4 % [Downtrend]

[BEARISH]: Champion Iron current downtrend in the first timeframe. Currently, the Close is $1.43.

CIA Basic Candle: Black Marubozu
Black Marubozu /
CIA Basic Candle: Black Marubozu

[BEARISH]: Champion Iron has formed a Black Marubozu candlestick. This means, CIA has received strong selling confidence and downward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal continues for Champion Iron indicating downward price movement is likely

[BEARISH]: Champion Iron currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -1.4%.

Low Price /
Recent trading for CIA has failed to beaten the previous low by -1.4 % [Downtrend]

[BULLISH]: Champion Iron current downtrend in the first timeframe. Currently, the Low is $1.43 (-1.4 %).

Rate of Change /
Champion Iron: Rate of Change (14) Crossover

CIA: ROC Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: BULLISH

[Downtrend]: A lower low has been achieved again for Champion Iron
Short Trend /
[Downtrend]: A lower low has been achieved again for Champion Iron

[BEARISH]: Champion Iron is in a downtrend in the short term timeframe. The sellers have dominated the daily trade, however further confirmation is required before taking a position

Champion Iron: Daily price tange is $0.02 [Increasing Range]
Price Range /
Champion Iron: Daily price tange is $0.02 [Increasing Range]

[BULLISH]: Champion Iron current uptrend in the first timeframe. Currently, the Range is $0.02.

Average True Range /
Champion Iron: Average True Range (0.065) has confirmed an downtrend is present

CIA: Average True Range Recent Trading -> (1) 11 Jan: 0.065 (2) 11 Jan: 0.102 (3) 11 Jan: 0.028

Woodie Pivot Point /
Limit order for a short position has been identified for Champion Iron [Bearish]

Champion Iron current pivot point (Woodie) is: $1.435. The current resistance levels are: (R1) $1.44: (R2) $1.455The current support levels are: (S1) $1.42: (S2) $1.415

Weighted Moving Average /
Champion Iron is in a short term downtrend with the closing price @$1.43

[BEARISH]: Champion Iron 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 -1.4%.

Ulcer index has fallen as the price rises for Champion Iron
Ulcer Index /
Ulcer index has fallen as the price rises for Champion Iron

CIA: UIX Current Signal -> (1) 11 Jan: Low stress (2) 11 Jan: High stress (3) 11 Jan: Low stress

Champion Iron: Current trading activity signals DVI accumulation is present
Daily Volume Index /
Champion Iron: Current trading activity signals DVI accumulation is present

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

Accumulation still active for Champion Iron
Accumulation / Distribution /
Accumulation still active for Champion Iron

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

Volume Rate of Change /
Volume rate of change(14) is decreasing for Champion Iron

[BEARISH]: Champion Iron currently has negative rate of change of -81%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.4%.

Percentage Price /
Price percentage oscillator: Upward momentum has been initiated for Champion Iron

[BULLISH CROSSOVER]: Champion Iron currently has positive PPO 2.000%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Fibonacci Extensions /
Champion Iron: Look for a long limit order entry @$10.53

Champion Iron has moved below the 161.8% level ($10.53) [Bullish]. Look for a long limit order entry near this point. Exit price for CIA should be set @$10.11 & Stoploss for Champion Iron should be set at $10.95

Close Tod Vs Close Yest /
Daily trading performance for CIA has continued a short term downtrend

[BEARISH]: Champion Ironsellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for CIA adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -3.3 & the greatest daily negative change this year has been -3.3. The longest consecutive downswing rally over the last 12 months has been 3 days giving a total rally downward movement of -18.6%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -4.7%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.9x. Over the last month the average daily downward movement has been -2.3%

[Buying Pressure]: ERI has increased for Champion Iron during the last trading session
Elder Ray Index /
[Buying Pressure]: ERI has increased for Champion Iron during the last trading session

[BULLISH]: Champion IronElder Ray Index is signalling a Bullish movementERI is 0.009 indicating bull power. Prices are being driven above the consensus of value for CIA during the last trading session [Buying Pressure]

[Bearish]: Champion Iron has failed to beat the previous volume by -45.8
Volume /
[Bearish]: Champion Iron has failed to beat the previous volume by -45.8

[BEARISH]: Champion Iron current volume downtrend in the first timeframe. Volume for CIA is25668 (-45.8).

High Price /
Recent trading for Champion Iron fell short of the previous high by -0.7 %

[BEARISH]: Champion Iron current downtrend in the first timeframe. Currently, the HIGH is -0.7 %.

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