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

CSL current pivot point is: 193.52. The current resistance levels are: (R1) $195.29: (R2) $196.77: (R3) $198.54: The current support levels are: (S1) $192.04: (S2) $190.27: (S3) $188.79

[BULLISH]: CSL currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 1.1%.

[BULLISH]: CSL is in an uptrend in the short term timeframe. The current rally number is 2 & the highest rally count for the LTM is 12

[BEARISH]: CSL UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.353.

CSL current pivot point (Woodie) is: $193.593. The current resistance levels are: (R1) $195.436: (R2) $196.843The current support levels are: (S1) $192.186: (S2) $190.343

[BULLISH]: CSL currently has positive Volume MACD of 49302. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

[BULLISH]: CSLbuyers are keener than sellers and are driving the price up. There has been 3 consecutive days of price rise for CSL adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 2.7 & the greatest daily positive change this year has been 5.1. The longest consecutive upswing rally over the last 12 months has been 11 days giving a total rally upward movement of 16.1%. This quarter, the largest upswing rally has been 5 days giving a total rally upward movement of 5.8%. 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 1.300000%

CSL: CLOSE Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: BULLISH

[BEARISH CROSSOVER]: CSL currently has negative rate of change of -11%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 1.1%.

[BEARISH]: CSL is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @72.5

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

CSL: CCI Current Signal ->(1) 20 Jun: BEARISH (2) 19 Jun: BEARISH CROSSOVER (3) 18 Jun: BULLISH CROSSUNDER

[BULLISH]: CSL currently has positive rate of change of 3.608%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

[BULLISH]: CSL has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 18 2018.

CSL: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for CSL

[BULLISH]: CSL currently has positive PVO 2.94%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 4.9%.