DNK | Australian Securities Exchange

Danakali
+ Share

Danakali continues positive divergence & potential shift in direction
Chaikin Money Flow /
Danakali continues positive divergence & potential shift in direction

[BULLISH]: Danakali current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.22. Danakali (ASX:DNK) received a confirmed CMF crossover days on the Jan 10 2019. The bullish signal has been active for 2 days. During the quarter, the highest CMF value was 0.57 occurring on the Jan 10 2019.

Danakali: 0.618 Fibonacci Retraction (0.67)
Fibonacci Retracements /
Danakali: 0.618 Fibonacci Retraction (0.67)

Danakali: The current Fibonacci Retraction levels are: (23.61%) $0.8: (38.2%) $0.7: (50%) $0.69: (61.8%) $0.67The current support levels are: (78.6%) $0.66: (100%) $0.64: (138.2%) $0.61: (161.8%) $0.58: (261.8%) $0.49: (423.61%) $0.35

Average Directional Movement /
Danakali: ADX(32.77) has signalled a strong trend is current

[Trend]: ADX for DNK has confirmed a strong trend is present. Danakali has an ATR(14) of 0.018, a DX of 20 & an ADX(14) of 32.77

Accumulation / Distribution /
Distribution still active for Danakali

[BEARISH]: Danakali (ASX:DNK) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -4841.2.

Simple Moving Average /
[Downtrend]: Recent trading for DNK indicates ST trend is likely to continue

DNK: SMA(15) Current Signal -> (1) 22 Mar: BEARISH (2) 21 Mar: BEARISH (3) 20 Mar: BEARISH

Fibonacci Extensions /
[Long]: Limit orders for Danakali should be set at $50.07

Danakali: The current Fibonacci Extension levels are: (23.61%) $0.8: (38.2%) $0.79: (50%) $0.78: (61.8%) $0.76The current support levels are: (78.6%) $0.75: (100%) $0.73: (138.2%) $0.7: (161.8%) $0.67: (261.8%) $0.58: (423.61%) $0.44

Danakali: Uptrend for the medium term trend is continued
Tricklar Trend /
Danakali: Uptrend for the medium term trend is continued

[BULLISH]: Danakali is in an uptrend based on the Tricklar trend. The current rally number is 13 & the highest rally count for the LTM is 61. The highest rally for the month is 16

Danakali: Elder Ray Index is 0.003 [Bullish]
Elder Ray Index /
Danakali: Elder Ray Index is 0.003 [Bullish]

[BULLISH]: Danakali Elder Ray Index is signalling a Bullish movementERI is 0.003 indicating bull power. Prices are being driven above the consensus of value for DNK during the last trading session [Buying Pressure]

The SWMA trend following signal is still current for Danakali [Bearish]
Sine Weighted Moving Average /
The SWMA trend following signal is still current for Danakali [Bearish]

[BEARISH]: Danakali 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 0.0%.

Percentage Volume /
Volume for Danakali continues to lose momentum @-31.67)

[BEARISH]: Danakali currently has negative PVO -31.67%. The recent volume is losing momentum through a fall on the short term exponential moving average.

Volume Rate of Change /
Danakali currently has negative volume rate of change for -100

[BEARISH]: Danakali currently has negative rate of change of -100%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0%.

Williams %R /
Danakali: William %R(-63.6)

DNK: William %R Current Signal -> (1) 22 Mar: NEUTRAL (2) 21 Mar: BEARISH CROSSUNDER (3) 20 Mar: BULLISH

Danakali: Stochastic Oscillator (36.4)
Stochastic Oscillator /
Danakali: Stochastic Oscillator (36.4)

DNK: Stochastic Oscillator Signal -> (1) 22 Mar: NEUTRAL (2) 21 Mar: BEARISH CROSSUNDER (3) 20 Mar: BEARISH

Danakali: Detrended Price Oscillator(20) is 0.0262
Detrended Price Oscillator /
Danakali: Detrended Price Oscillator(20) is 0.0262

[BULLISH]: Danakali currently has a confirmed uptrend. Price is currently above the displaced moving average for DNK. Currently, the return on DPO20 is 0.0%.

Rate of Change /
14-day rate of change is decreasing for Danakali

[BEARISH]: Danakali currently has negative rate of change of -1.875%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Elders Force Index /
[Bearish]: Elders Force Index (-240) confirms selling pressure remains

[BEARISH]: Danakali current price has highlighted recent selling pressure. Currently, the Elders Force Index is -240.

Daily Volume Index /
Danakali: Current trading activity signals DVI accumulation is present

[BULLISH]: Danakali (ASX:DNK) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 423.

Danakali is in a short term uptrend with the closing price @$0.785
Triangular Moving Average /
Danakali is in a short term uptrend with the closing price @$0.785

[BULLISH]: Danakali currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 0.0%.

[Bullish]: Trend following indicator for DNK highlights upward price direction is likely
Exponential Moving Average /
[Bullish]: Trend following indicator for DNK highlights upward price direction is likely

[BULLISH]: Danakali currently has a confirmed uptrend. Recent trading has caused the EMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is 0.0%.

Volume MACD oscillator remains negative for DNK
MACD Volume /
Volume MACD oscillator remains negative for DNK

[BEARISH]: Danakali currently has negative Volume MACD of -11989. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Weighted Moving Average /
Weighted Moving Average(15) signal continues for Danakali indicating upward price movement is likely

[BULLISH]: Danakali currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 0.0%.

Bollinger Bands /
Closing price ($0.785) for DNK is still below the Upper Bollinger Band

[BEARISH]: Danakali is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. The current level is 43.82% with a current width of 5.34.

Aroon Oscillator /
Danakali: Aroon oscillator (40) has confirmed an uptrend is present

DNK: Aroon Oscillator Recent Trading -> (1) 22 Mar: 40 (2) 21 Mar: 56 (3) 20 Mar: 60

Ulcer Index /
Ulcer index has reduced in stress level & low drawdown is expected for Danakali

[BEARISH]: Danakali UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.178.

DNK: Moving Average Convergence Divergence [Bearish]
MACD /
DNK: Moving Average Convergence Divergence [Bearish]

[BEARISH]: Danakali currently has negative MACD of -0.0031. This means the signal line is less than the MACD line signalling a bearish movement.

Danakali: 0.618 Fibonacci Fan ($0.9)
Fibonacci Fans /
Danakali: 0.618 Fibonacci Fan ($0.9)

Danakali: The current Fibonacci Fan levels are: (23.61%) $1.07: (38.2%) $0.94: (50%) $0.93: (61.8%) $0.9The current support levels are: (78.6%) $0.89: (100%) $0.86: (138.2%) $0.82: (161.8%) $0.78: (261.8%) $0.66: (423.61%) $0.47

Demarks Pivot Points /
Danakali: DeMark Pivot ($0.78)

Danakali has broken the first DeMark resistance point ($0.7800) [Bullish]. Look for a long limit order entry near this point. Exit price for DNK should be set @$0.795 & Stoploss for Danakali should be set at $0.775

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