CSL current pivot point (DeMark) is: (R1) $154.575. The current pivot point (DeMark) is: (S1) $152.945.
[BULLISH]: CSLbuyers are keener than sellers and are driving the price up. There has been 4 consecutive days of price rise for CSL adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 5.1 & the greatest daily positive change this year has been 5.1. The longest consecutive upswing rally over the last 12 months has been 7 days giving a total rally upward movement of 9.1%. This quarter, the largest upswing rally has been 4 days giving a total rally upward movement of 9.1%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.2x. Over the last month the average daily upward movement has been 1.7%
CSL: WMA Current Signal -> (1) 16 Feb: BEARISH (2) 15 Feb: BEARISH (3) 14 Feb: BEARISH
[BULLISH]: CSLElder Ray Index is signalling a Bullish movementERI is 7.647 indicating bull power. Prices are being driven above the consensus of value for CSL during the last trading session [Buying Pressure]
[BULLISH]: CSL has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Dec 19 2017.
Australian Stock Exchange
[BULLISH]: CSL currently has positive MACD of 0.962000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 1.2%.
Argo Investments managing director Jason Beddow said losses and writedowns at Bunnings' two-year-old home improvement business in the UK could dent Wesfarmers' appetite for acquisitions, especially offshore, forcing the conglomerate to focus on the low-growth Australian market.
CSL: MOM Current Signal -> (1) 16 Feb: BULLISH (2) 15 Feb: BULLISH (3) 14 Feb: BULLISH
CSL current pivot point (Woodie) is: $153.352. The current resistance levels are: (R1) $154.204: (R2) $154.982The current support levels are: (S1) $152.574: (S2) $151.722
CSL: DPO Recent Trading -> (1) 16 Feb: 9.161 (2) 15 Feb: 7.6005 (3) 14 Feb: 5.684
CSL Currently is a confirmed Fake Day. MFI indicator is up, volume is down for CSL. Trend continuation possible for CSL from reduced trading activity.
[BULLISH]: CSL 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 1.2%.
[BULLISH]: CSL current accumulation has given strength to the share price and the continuation of bullish trading conditions.
CSL: Medium Term Recent Trading -> (1) 16 Feb: Uptrend (2) 15 Feb: Uptrend (3) 14 Feb: Uptrend
[BEARISH]: CSL current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 172. CSL received a confirmed CCI crossover on the Feb 14 2018.The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 231.
[BEARISH]: CSL current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 152.1870.
[BEARISH CROSSOVER]: CSL has initiated a Overbought signal, highlighting the potential for a short term trend reversal in the downward direction. The current level is 101.09% with a current width of 10.08.
[BULLISH]: CSL has a current ARO(25) of 20. This has change 4 points from yesterday.
CSL has moved above the 161.8% level ($0.4) [Bearish]. Look for a short limit order entry near this point. Exit price for CSL should be set @$0.34 & short position stoploss for CSL should be set at $0.46