[BULLISH]: Data#3 current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 1.5770.
[BULLISH]: Data#3buyers are keener than sellers and are driving the price up. There has been 3 consecutive days of price rise for DTL adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 1.6 & the greatest daily positive change this year has been 5.5. The longest consecutive upswing rally over the last 12 months has been 8 days giving a total rally upward movement of 9.6%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 5.7%. 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 0.9%
[BEARISH]: Data#3 currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.6%.
Data#3 has broken the first Woodie resistance point ($1.656) [Bullish]. Look for a long limit order entry near this point. Exit price for DTL should be set @$1.678 & Stoploss for Data#3 should be set at $1.578
[BULLISH]: Data#3Elder Ray Index is signalling a Bullish movementERI is 0.024 indicating bull power. Prices are being driven above the consensus of value for DTL during the last trading session [Buying Pressure]
Australian Stock Exchange
[BEARISH]: Data#3 currently has negative PPO -2.000%. This means the current price is losing momentum through a fall on the short term exponential moving average.
Argo Investments managing director Jason Beddow said losses and writedowns at Bunnings' two-year-old home improvement business in the UK could dent Wesfarmers' appetite for acquisitions, especially offshore, forcing the conglomerate to focus on the low-growth Australian market.
[Trend]: ADX for DTL has confirmed a strong trend is presentData#3 has an ATR(14) of 0.042, a DX of 30.14 & an ADX(14) of 40.73
DTL: Elders Force Index Current Signal -> (1) 16 Feb: BULLISH (2) 15 Feb: BULLISH (3) 14 Feb: BULLISH
[BULLISH]: Data#3 current uptrend in the first timeframe. Currently, the HIGH is 1.9 %.
[BEARISH]: Data#3 has a current ARO(25) of -24. This has change 8 points from yesterday.
[BEARISH]: Data#3 currently has negative Volume MACD of -56953. This means the signal line is less than the Volume MACD line signalling a bearish movement.
[BEARISH]: Data#3 currently has negative rate of change of -0.6%. 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
[BEARISH]: Data#3 opening price has gapped down. Currently, the OPEN is $1.6 (-0.6 %).
[BULLISH]: Data#3 currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.6%.
[BULLISH]: Data#3 current accumulation has given strength to the share price and the continuation of bullish trading conditions.
DTL: Medium Term Current Signal -> (1) 16 Feb: BEARISH (2) 15 Feb: BEARISH (3) 14 Feb: BEARISH
DTL: TMA Current Signal -> (1) 16 Feb: BEARISH (2) 15 Feb: BEARISH CROSSOVER (3) 14 Feb: BULLISH
DTL: Open today versus close yesterday Current Signal ->(1) 16 Feb: BULLISH WEAK (2) 15 Feb: BULLISH (3) 14 Feb: NEUTRAL
[BULLISH CROSSOVER]: Data#3 currently has positive momentum of 0.03. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.6%. The largest upward momentum rally for the last 3 months is 1 days producing a return of 0.6%%.
[Bullish]: Average True Range has confirmed an uptrend is present. Data#3 has a TR of 0.05, and an ATR(14) of 0.042.
[BULLISH]: Data#3 UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.023.