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

Caltex
+ Share

Market conditions are indicating distribution is current for CTX
Accumulation / Distribution /
Market conditions are indicating distribution is current for CTX

[BEARISH]: Caltex current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -4.06055e+006. day.

Caltex: Bearish relationship forming between price & volume
Chaikin Money Flow /
Caltex: Bearish relationship forming between price & volume

[BEARISH]: Caltex current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.08. CTX received a confirmed CMF crossover days on the Apr 16 2018.The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.13 occurring on the Apr 16 2018.

Triangular Moving Average /
Price continues to trade above the Triangular Moving Average(5) for CTX

[BULLISH]: Caltex currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.1%.

Elders Force Index /
Caltex: Direction, extent & volume have increased in recent trading [Buying Pressure]

CTX: Elders Force Index Recent Trading -> (1) 19 Apr: 43589 (2) 18 Apr: 40874 (3) 17 Apr: 44726

Average Directional Movement /
CTX: Average Directional Index has confirmed a weak trend @17.36

[Weak Trend]: ADX for CTX has confirmed a weak trend is presentCaltex has an ATR(14) of 0.522, a DX of 2.8 & an ADX(14) of 17.36

Open Tod Vs Close Tod /
Open/close reversal confirmed for Caltex signalling the sellers were in control all day

[BEARISH STRONG]: Caltex opened in the upper part of daily range at 72.2% & closed in the lower part of the trading range at 30.6%. This suggests the sellers were in control all day. Over the last 12 months there has been 50 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 19%. Over the last month there has been 5 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 35.7%.

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Exponential Moving Average /
Caltex: Exponential Moving Average(5) (31.8112)

[BULLISH]: Caltex 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 0.1%.

Daily bar has maintained 3rd timeframe Uptrend for CTX
Long Trend /
Daily bar has maintained 3rd timeframe Uptrend for CTX

[BULLISH]: Caltex has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 17 2018.

Recent upward trend has reduced drawdown exposure associated with Caltex
Ulcer Index /
Recent upward trend has reduced drawdown exposure associated with Caltex

[BEARISH]: Caltex UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.143.

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

[BEARISH]: Caltex 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

Bull Harami /
Caltex: Bull Harami

[BULLISH]: Caltex has formed a new Bull Harami reversal pattern.

Black Candle /
CTX Basic Candle: Black

[BEARISH]: Caltex has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Caltex: Daily low performance is 0.0000000000000000 % [Uptrend]
Low Price /
Caltex: Daily low performance is 0.0000000000000000 % [Uptrend]

[BULLISH]: Caltex current downtrend in the first timeframe. Currently, the Low is $31.72 (0.0000000000000000 %).

Caltex has broken above the 161.8% extension level ($0) [Bearish]
Fibonacci Extensions /
Caltex has broken above the 161.8% extension level ($0) [Bearish]

Caltex has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for CTX should be set @$0 & short position stoploss for Caltex should be set at $0

Demarks Pivot Points /
Caltex: Look for a long limit order entry @$31.8375

Caltex has broken the first DeMark resistance point ($31.8375) [Bullish]. Look for a long limit order entry near this point. Exit price for CTX should be set @$31.955 & Stoploss for Caltex should be set at $31.595

Volume /
[Bullish]: New volume high has formed for CTX by 64.5 during the last trading session

[BULLISH]: Caltex current volume uptrend in the first timeframe. Volume for CTX is1.17666e+006 (64.5).

Price Range /
Range for CTX has not surpassed the range of the previous trading session

[BEARISH]: Caltex current downtrend in the first timeframe. Currently, the Range is $0.36.

CTX: Average True Range has confirmed an downtrend @0.522
Average True Range /
CTX: Average True Range has confirmed an downtrend @0.522

[Bearish]: Average True Range has confirmed an downtrend is present. Caltex has a TR of 0.36, and an ATR(14) of 0.522.

Caltex currently has positive rate of change for 1.369
Rate of Change /
Caltex currently has positive rate of change for 1.369

[BULLISH]: Caltex currently has positive rate of change of 1.4%. 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]: Recent trading has driven price above the consensus of value for CTX
Elder Ray Index /
[Bullish]: Recent trading has driven price above the consensus of value for CTX

[BULLISH]: CaltexElder Ray Index is signalling a Bullish movementERI is 0.307 indicating bull power. Prices are being driven above the consensus of value for CTX during the last trading session [Buying Pressure]

Daily Volume Index /
Traders are currently distributing Caltex

[BEARISH]: Caltex current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -424.

Range Tod Vs Range Yest /
Contracting price range of -35.7% on an down tick day for Caltex

CTX: Range today versus range yesterday Current Signal ->(1) 19 Apr: BEARISH (2) 18 Apr: BEARISH (3) 17 Apr: BULLISH

On Balance Volume /
OBV: Distribution still active for Caltex

[BEARISH]: Caltex current price has highlighted recent distribution. Currently, the OBV is -1.8844e+006.

Aroon Oscillator /
Aroon oscillator for Caltex has signalled an uptrend is active

[BULLISH]: Caltex has a current ARU(25) of 76 and a current ARD(25) of 36

Caltex: Price Percentage Oscillator
Percentage Price /
Caltex: Price Percentage Oscillator

[BEARISH]: Caltex currently has negative PPO -0.600%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Caltex was easily moved downward on low volume in recent trading [Bearish]
Ease of Movement /
Caltex was easily moved downward on low volume in recent trading [Bearish]

CTX: EOM Recent Trading -> (1) 19 Apr: -3.365 (2) 18 Apr: -3.131 (3) 17 Apr: 21.164

Close Tod Vs Close Yest /
Buyers are now keener than sellers for Caltex & are driving the price up.

[BULLISH]: Caltexbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for CTX adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 1.6 & the greatest daily positive change this year has been 4.1. The longest consecutive upswing rally over the last 12 months has been 7 days giving a total rally upward movement of 9.6%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 1.6%. 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 1.1x. Over the last month the average daily upward movement has been 0.4%

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