CSV: VROC Current Signal -> (1) 12 Dec: BULLISH (2) 11 Dec: BULLISH (3) 08 Dec: BULLISH
[BULLISH]: CSG 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 1.9%.
[BEARISH]: CSG is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
[BULLISH]: CSGbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for CSV adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 6.3 & the greatest daily positive change this year has been 14.5. The longest consecutive upswing rally over the last 12 months has been 3 days giving a total rally upward movement of 14.5%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 12.2%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1x. Over the last month the average daily upward movement has been 3.6%
Australian Stock Exchange
[BULLISH]: CSG current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.38. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.89
[BULLISH CROSSOVER]: International Goldfields currently has positive momentum of 0.02. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 2%. The largest upward momentum rally for the last 3 months is 12 days producing a return of 3.5%%.
[BULLISH]: CSG currently has positive MACD of 0.006000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 1.1%.
[BULLISH]: CSGElder Ray Index is signalling a Bullish movementERI is 0.026 indicating bull power. Prices are being driven above the consensus of value for CSV during the last trading session [Buying Pressure]
[BEARISH]: CSG currently has negative PVO -22.2%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 5.4%.
[BULLISH WEAK]: CSG opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 66.7%. This suggests the buyers have lost commitment. Over the last 12 months there has been 25 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 9.5%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 25%.
CSG has broken the first DeMark resistance point ($0.535) [Bullish]. Look for a long limit order entry near this point. Exit price for CSV should be set @$0.555 & Stoploss for CSG should be set at $0.525
[BULLISH]: CSG 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 1.9%.
CSV: Average Directional Index Current Signal -> (1) 12 Dec: TREND WEAK (2) 11 Dec: TREND WEAK (3) 08 Dec: TREND WEAK
[BEARISH]: CSG current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 0.5460.
[BULLISH]: CSG has formed a White Opening Marubozu candlestick. This means, CSV has received strong buying confidence and upward price movement over the trading day with only a small upper shadow present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.
[BULLISH]: CSG current uptrend in the first timeframe. Currently, the Close is $0.535.
[BEARISH]: CSG currently has negative PPO -0.600%. This means the current price is losing momentum through a fall on the short term exponential moving average.