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

ELD
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The SMA trend following signal is now active for ELD [Bullish]
Simple Moving Average /
The SMA trend following signal is now active for ELD [Bullish]

[BEARISH]: ELD 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%.

Daily trading has confirmed an Aroon strong uptrend (96) for ELD
Aroon Oscillator /
Daily trading has confirmed an Aroon strong uptrend (96) for ELD

[BULLISH]: ELD has a current ARO(25) of 96. This has change 172 points from yesterday.

Rate of Change /
Positive ROC: Price is now trading higher for ELD than 14 days ago

[BULLISH CROSSOVER]: ELD currently has positive rate of change of 13.5%. 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

Fibonacci Extensions /
ELD has moved above the 161.8% extension level ($1.03) [Bearish]

ELD has moved above the 161.8% level ($1.03) [Bearish]. Look for a short limit order entry near this point. Exit price for ELD should be set @$1.23 & short position stoploss for ELD should be set at $0.83

Moving Average Envelope /
Closing price ($8.81) for ELD is now above the Upper Envelope Band

[BEARISH CROSSOVER]: ELD current price has driven Envelope Bands to become overbought signalling the start of bearish trading conditions. Currently, the Upper Band is 8.1165.

Weighted Moving Average /
[Bullish]: WMA(5) is serving as a support line for ELD

ELD: WMA Current Signal -> (1) 11 Jan: BEARISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: NEUTRAL

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Low Price /
Strong price performance from ELD has seen a lower low of 0.9 % [Uptrend]

[BEARISH]: ELD current uptrend in the first timeframe. Currently, the Low is $8.51 (0.9 %).

Exponential Moving Average(5) signal is confirmed for ELD indicating upward price movement is likely
Exponential Moving Average /
Exponential Moving Average(5) signal is confirmed for ELD indicating upward price movement is likely

[BULLISH]: ELD 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 0.6%.

Open Tod Vs Close Tod /
Open/close reversal: Buyers were in control of trading all day for ELD

[BULLISH STRONG]: ELD opened in the lower part of daily range at 25.7% & closed in the upper part of the trading range at 85.7%. This suggests the buyers were in control all day. Over the last 12 months there has been 27 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 10.3%. 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 upper price range giving a confirmation ratio of 25%.

Commodity Channel Index /
Potential initiation of a trend reversal (Bearish) for ELD

[BEARISH CROSSOVER]: ELD current price has driven Commodity Channel Index to become overbought signalling the start of bearish trading conditions. Currently, the CCI is 149. During the quarter, the highest CCI value was 156. The last overbought signal occurred on Jan 5 2018

ELD: Confirmation of stock accumulation initiated
Daily Volume Index /
ELD: Confirmation of stock accumulation initiated

ELD: DVI Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: NEUTRAL

The MACD has now risen above the signal line for ELD [Bullish Crossover]
MACD /
The MACD has now risen above the signal line for ELD [Bullish Crossover]

[BULLISH CROSSOVER]: ELD currently has positive MACD of 0.024000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 4.8%.

Woodie Pivot Point /
ELD has broken the first Woodie resistance point ($8.986) [Bullish]

ELD has broken the first Woodie resistance point ($8.986) [Bullish]. Look for a long limit order entry near this point. Exit price for ELD should be set @$9.098 & Stoploss for ELD should be set at $8.398

Closing Price /
ELD: Daily closing price is $8.81 [Bullish]

[BULLISH]: ELD current uptrend in the first timeframe. Currently, the Close is $8.81.

Price Range /
ELD: Daily price range is 0.35 [Downtrend]

[BEARISH]: ELD current downtrend in the first timeframe. Currently, the Range is $0.35.

ELD: Average True Range has confirmed an uptrend @0.245
Average True Range /
ELD: Average True Range has confirmed an uptrend @0.245

[Bullish]: Average True Range has confirmed an uptrend is present. ELD has a TR of 0.35, and an ATR(14) of 0.245.

Price is now trading above the Triangular Moving Average(5) for ELD
Triangular Moving Average /
Price is now trading above the Triangular Moving Average(5) for ELD

[BULLISH]: ELD 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 0.6%.

Chaikin Oscillator crossover confirmed signalling potential entry for ELD
Chaikin Money Flow /
Chaikin Oscillator crossover confirmed signalling potential entry for ELD

ELD: Chaikin Oscillator Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: NEUTRAL

Close Tod Vs Range Tod /
ELD: Over the last 12 months there has been 113 trading days with the closing price in the upper part of the range giving a confirmation ratio of 43.3%.

[BULLISH]: ELD buyers are in control at the market close. There has been 2 consecutive days of prices closing in the upper part of the trading range for ELD adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 113 trading days with the closing price in the upper part of the range giving a confirmation ratio of 43.3%. Over the last month there has been 7 trading days with the closing price in the upper range giving a confirmation ratio of 87.5%. Currently this quarter, closing price has spent 7 days in the upper price range compared to 6 days in the lower range giving a ratio of 1.2x.

Close Tod Vs Close Yest /
This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 4.8%

[BULLISH]: ELDbuyers are keener than sellers and are driving the price up. There has been 2 consecutive days of price rise for ELD adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 4.2 & the greatest daily positive change this year has been 4.2. The longest consecutive upswing rally over the last 12 months has been 8 days giving a total rally upward movement of 12.7%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 4.8%. 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 1.3x. Over the last month the average daily upward movement has been 2.1%

Detrended Price Oscillator /
ELD: Detrended Price Oscillator(20) is 1.614 [Bullish Crossover]

ELD: DPO Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: NEUTRAL

Volume Rate of Change /
Volume rate of change continues to build for ELD signalling a short term downtrend is likely

[BEARISH]: ELD currently has negative rate of change of -21%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.6%.

ELD Basic Candle: White
White Candle /
ELD Basic Candle: White

[BULLISH]: ELD has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

ELD: Range Performance (-7.9)
Range Tod Vs Range Yest /
ELD: Range Performance (-7.9)

ELD: Range today versus range yesterday Current Signal ->(1) 11 Jan: BULLISH (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH

Volume /
ELD: Daily volume performance is -25.4 [Downtrend]

[BEARISH]: ELD current volume downtrend in the first timeframe. Volume for ELD is539764 (-25.4).

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