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

ELD
+ Share

ELD: Range Performance (30.8)
Range Tod Vs Range Yest /
ELD: Range Performance (30.8)

[BEARISH]: ELDsellers are increasingly eager. This is the first day sellers have increasing eagerness for ELD adding strength to a downtrend in the first timeframe. The biggest price range this month has been $0.9200 & the greatest daily price range this year has been $2.5100. The price range ratio this week versus the quarterly price range is 0.5000000000000000000x & the price range ratio this month versus the year to date price range is 0.4000000000000000000x.

Accumulation still active for ELD
Accumulation / Distribution /
Accumulation still active for ELD

[BULLISH]: ELD current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 1675815.0000. day.

Average Directional Movement /
Recent trading indicates ADX weak trend direction likely for ELD

[Weak Trend]: ADX for ELD has confirmed a weak trend is presentELD has an ATR(14) of 0.2350, a DX of 16.3100 & an ADX(14) of 24.1600

Close Tod Vs Close Yest /
Sellers are now keener than buyers for ELD & are driving the price down.

[BEARISH]: ELDsellers are keener than buyers and are driving the price down. This is the first day of price decline for ELD adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.3 & the greatest daily negative change this year has been -7.7. The longest consecutive downswing rally over the last 12 months has been 8 days giving a total rally downward movement of -12.5%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -2.3%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.2x. Over the last month the average daily downward movement has been -0.900000%

Detrended Price Oscillator /
The simple moving average and past price for ELD has confirmed bullish trading conditions

[BULLISH]: ELD currently has a confirmed uptrend. Price is currently above the displaced moving average for ELDCurrently, the return on DPO20 is -1.0%.

Black Candle /
ELD Basic Candle: Black

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

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Aroon Oscillator /
Daily bar has confirmed has confirmed an Aroon strong uptrend is intact for ELD

[BULLISH]: ELD has a current ARO(25) of 88.0000. This has change 0.0000 points from yesterday.

ELD: Volume MACD oscillator (-160.0000)
MACD Volume /
ELD: Volume MACD oscillator (-160.0000)

[BEARISH CROSSOVER]: ELD currently has negative Volume MACD of -160.0000. This means the signal line is less than the Volume MACD line signalling a bearish movement.

The 161.8% Fibonacci extension level for ELD has moved to the lower limit. Stoploss should be positioned @$19.7500
Fibonacci Extensions /
The 161.8% Fibonacci extension level for ELD has moved to the lower limit. Stoploss should be positioned @$19.7500

ELD has moved below the 161.8% level ($18.7000) [Bullish]. Look for a long limit order entry near this point. Exit price for ELD should be set @$17.6500 & Stoploss for ELD should be set at $19.7500

Momentum /
ELD currently has positive momentum of 0.1800

[BULLISH]: ELD currently has positive momentum of 0.1800. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -1.0000%. The largest upward momentum rally for the last 3 months is 18 days producing a return of 18.6%%.

Price Range /
ELD: Daily price tange is $0.1700 [Increasing Range]

[BULLISH]: ELD current uptrend in the first timeframe. Currently, the Range is $0.1700.

Elder Ray Index /
Bull power has increased for ELD signalling bullish conditions are likely

[BULLISH]: ELDElder Ray Index is signalling a Bullish movementERI is 0.2260 indicating bull power. Prices are being driven above the consensus of value for ELD during the last trading session [Buying Pressure]

PPO: The shorter moving average for ELDis still above the longer term moving average
Percentage Price /
PPO: The shorter moving average for ELDis still above the longer term moving average

[BULLISH]: ELD currently has positive PPO 3.7000%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

[Bearish]: ELD current trading has maintained the Envelope Bands to overbought status
Moving Average Envelope /
[Bearish]: ELD current trading has maintained the Envelope Bands to overbought status

[BEARISH]: ELD current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 7.8750.

Volume /
Volume for ELD has not surpassed the volume of the previous trading session

[BEARISH]: ELD current volume downtrend in the first timeframe. Volume for ELD is158123 (-22.7).

Elders Force Index /
Price & volume confirms continued buying pressure for ELD is likely

[BULLISH]: ELD current price has highlighted recent buying pressure. Currently, the Elders Force Index is 19143.0000.

Weighted Moving Average /
Price is now trading below the Weighted Moving Average(5) for ELD

[BEARISH]: ELD currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -1.0%.

Positive ROC for ELD is a leading indicator for continued price rise
Rate of Change /
Positive ROC for ELD is a leading indicator for continued price rise

[BULLISH]: ELD currently has positive rate of change of 7.5000%. 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

CMF highlights continued positive divergence for ELD
Chaikin Money Flow /
CMF highlights continued positive divergence for ELD

[BULLISH]: ELD current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.3500. ELD received a confirmed CMF crossover days on the Mar 29 2018.The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.45 occurring on the Mar 29 2018.

Accumulation OBV signal for ELD is confirmed
On Balance Volume /
Accumulation OBV signal for ELD is confirmed

[BULLISH]: ELD current price has highlighted recent accumulation. Currently, the OBV is 2270372.0000.

Pivot Points /
ELD: Look for a short limit order entry @$7.934

ELD has broken the first support point ($7.934) [Bearish]. Look for a short limit order entry near this point. Exit price for ELD should be set @$7.847 & short position stoploss for ELD should be set between $8.187 & $8.274

Ulcer Index /
ELD: Ulcer Index 1.0070 [Low Stress]

[BEARISH]: ELD UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.0070.

Open Tod Vs Close Tod /
ELD: Over the last 12 months there has been 32 trading days giving a confirmation ratio of 12.2%.

[BEARISH WEAK]: ELD opened in the upper part of daily range at 94.100000000000000% & closed in the middle part of the trading range at 52.900000000000000%. This suggests the sellers have lost commitment. Over the last 12 months there has been 32 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 12.2%. Over the last month there has been 2 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 13.3%.

Sine Weighted Moving Average /
The SWMA trend following signal is now active for ELD [Bearish]

[BEARISH]: ELD currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -1.0%.

[Uptrend]: The second timeframe trend for ELD remains intact
Medium Trend /
[Uptrend]: The second timeframe trend for ELD remains intact

[BULLISH]: ELD has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 16 2018.

ELD: Percentage Volume Oscillator (-8.0000)
Percentage Volume /
ELD: Percentage Volume Oscillator (-8.0000)

[BEARISH]: ELD currently has negative PVO -8.0000%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 7.4%.

MACD /
MACD oscillator remains positive for ELD

[BULLISH]: ELD currently has positive MACD of 0.0020. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 15.3%.

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