CSL
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Share
Donchian Channels /
Overbought signal for the Upper Donchian Band is still current for CSL
[BEARISH]: CSL is currently bearish highlighting the potential for a short term trend continuation in the downward direction.
See Signal Activity
Volume Rate of Change /
CSL has initiated a positive volume rate of change of 130
CSL: VROC Recent Trading -> (1) 19 Oct: 130.0000 (2) 18 Oct: -58.0000 (3) 17 Oct: -44.0000
Elder Ray Index /
CSL: Elder Ray Index is -7.723 [Bearish]
[BEARISH]: CSL Elder Ray Index is signalling a Bearish movementERI is -7.723 indicating bear power. Prices are being driven below the consensus of value for CSL during the last trading session [Selling Pressure]
Simple Moving Average /
Simple Moving Average(15) signal continues for CSL indicating downward price movement is likely
[BEARISH]: CSL currently has a confirmed downtrend. Recent trading has caused the SMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -0.4%.
Exponential Moving Average /
[Bearish]: EMA(15) is serving as a resistance line for CSL
[BEARISH]: CSL currently has a confirmed downtrend. Recent trading has caused the EMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is -0.4%.
![CSL has broken the first resistance point ($190.633) [Bullish]](http://tricklar.com/ArticleImages/ASX/CSL/CSL_38.png
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Pivot Points /
CSL has broken the first resistance point ($190.633) [Bullish]
CSL has broken the first resistance point ($190.633) [Bullish]. Look for a long limit order entry near this point. Exit price for CSL should be set @$190.633 & Stoploss for CSL should be set between $182.913 & $181.626
Open Tod Vs Close Tod /
Open/close reversal: Sellers have lost control during the trading day for CSL
[BULLISH]: CSL opened in the upper part of daily range at 70.7% & closed in the upper part of the trading range at 100%. This suggests the sellers have lost control. Over the last 12 months there has been 1 trading days with the opening price in the upper shadow & the closing the price in the upper shadow giving a confirmation ratio of 0.4%. Over the last month there has been 1 trading days with the opening price in the upper price range & the closing the price in the upper price range giving a confirmation ratio of 6.7%.
White Candle /
CSL Basic Candle: White
[BULLISH]: CSL has formed a White candlestick. Normal buying pressure highlighting buyers were in control.
MACD /
CSL: MACD oscillator (0.0183)
[BULLISH CROSSOVER]: CSL currently has positive MACD of 0.0183. This means the signal line is greater than the MACD line signalling a bullish movement.
Elders Force Index /
[Selling Pressure]: EFI (-1.16469e+006) confirms bearish conditions for CSL
[BEARISH]: CSL current price has highlighted recent selling pressure. Currently, the Elders Force Index is -1.16469e+006.
Daily Volume Index /
Distribution DVI signal for CSL is confirmed
[BEARISH]: CSL (ASX:CSL) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -2755.
MACD Volume /
Volume MACD for CSL continues to lose momentum @-24564
[BEARISH]: CSL currently has negative Volume MACD of -24564. This means the signal line is less than the Volume MACD line signalling a bearish movement.
Fibonacci Extensions /
CSL: 1.618 Fibonacci Extension ($225.9)
CSL: The current Fibonacci Extension levels are: (23.61%) $189.28: (38.2%) $193.14: (50%) $196.27: (61.8%) $199.4The current support levels are: (78.6%) $203.85: (100%) $209.52: (138.2%) $219.64: (161.8%) $225.9: (261.8%) $252.4: (423.61%) $295.28
Close Tod Vs Close Yest /
Closing price for CSL has seen sellers continue to win the daily battle for performance @ -0.4%
[BEARISH]: CSLsellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for CSL adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -4.5 & the greatest daily negative change this year has been -4.5. The longest consecutive downswing rally over the last 12 months has been 5 days giving a total rally downward movement of -8.7%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -5.9%. The loss ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 0.3x. Over the last month the average daily downward movement has been -1.000000%
Short Trend /
CSL: Daily Downtrend remains intact
[BEARISH]: CSL 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
On Balance Volume /
CSL: Confirmation of stock distribution
[BEARISH]: CSL current price has highlighted recent distribution. Currently, the OBV is -206218.
![CSL has moved above the R2 Woodie pivot point ($190.955) [Bullish]](http://tricklar.com/ArticleImages/ASX/CSL/CSL_76.png
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Woodie Pivot Point /
CSL has moved above the R2 Woodie pivot point ($190.955) [Bullish]
CSL has broken the first Woodie resistance point ($190.955) [Bullish]. Look for a long limit order entry near this point. Exit price for CSL should be set @$190.955 & Stoploss for CSL should be set at $183.235
Close Tod Vs Range Tod /
CSL: Buyers are in control at the market close.
[BULLISH]: CSL buyers are in control at the market close. This is the first day of buyer commitment for CSL adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 1 trading day with the closing price in the upper part of the range giving a confirmation ratio of 0.4%. Over the last month there has been 1 trading day with the closing price in the upper range giving a confirmation ratio of 6.7%. Currently this quarter, closing price has spent 1 day in the upper price range compared to 1 days in the lower range giving a ratio of 1x.
Camarilla Pivot Points /
CSL has broken the first Camarilla resistance point ($219.189) [Bullish]
CSL current pivot point Camarilla is: $186.773. The current resistance levels are: (R1) $203.624: (R2) $219.189: (R3) $234.753: (R4) $281.447The current support levels are: (S1) $172.496: (S2) $156.931: (S3) $141.367: (S4) $94.674
Piercing /
A Piercing Pattern (Bullish) candlestick pattern has been detected for CSL (CSL).
[BULLISH]: CSL has formed a new Bullish Piercing reversal pattern. This means, CSL has been in a short term downtrend with a black candle which is followed by a strong gap down on open but closes in the upper half of the previous candle. This indicates after a very weak open the bulls have taken control on the close and highlights a potential trend change in the upward direction.
Gap Down /
A short term Gap Down has formed with CSL
CSL: Bar Reversal Recent Trading -> (1) 19 Oct: Gap Down (2) 18 Oct: Pivot Reversal (3) 17 Oct: Gap Up
Percentage Price /
CSL currently has negative PPO -2.705
CSL: PPO Current Signal -> (1) 19 Oct: BEARISH (2) 18 Oct: BEARISH (3) 17 Oct: BEARISH
![[Bearish]: SWMA(15) is serving as a resistance line for CSL](http://tricklar.com/ArticleImages/ASX/CSL/CSL_32.png
)
Sine Weighted Moving Average /
[Bearish]: SWMA(15) is serving as a resistance line for CSL
[BEARISH]: CSL currently has a confirmed downtrend. Recent trading has caused the SWMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is -0.4%.
Detrended Price Oscillator /
DPO for CSL has confirmed price is currently below the displaced moving average
CSL: DPO Current Signal -> (1) 19 Oct: BEARISH (2) 18 Oct: BEARISH (3) 17 Oct: BEARISH
Accumulation / Distribution /
Distribution still active for CSL
[BEARISH]: CSL (ASX:CSL) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -60498.7.
