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

European Metals Holdings
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EMH: Current trading activity signals OBV accumulation is active
On Balance Volume /
EMH: Current trading activity signals OBV accumulation is active

[BULLISH]: European Metals Holdings current price has highlighted recent accumulation. Currently, the OBV is 58675.

Positive VROC for European Metals Holdings is a leading indicator for continued price rise
Volume Rate of Change /
Positive VROC for European Metals Holdings is a leading indicator for continued price rise

[BULLISH]: European Metals Holdings currently has positive volume of change of 180%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -5.3%.

Exponential Moving Average /
European Metals Holdings is in a short term downtrend with the closing price @$0.71

[BEARISH]: European Metals Holdings currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -5.3%.

Aroon Oscillator /
EMH: Aroon oscillator has confirmed a downtrend @-36

[BEARISH]: European Metals Holdings has a current ARU(25) of 20 and a current ARD(25) of 56

High Price /
High for EMH has not surpassed the high of the previous trading session

[BEARISH]: European Metals Holdings current downtrend in the first timeframe. Currently, the HIGH is -2 %.

Low Price /
EMH has achieved a lower low of $0.71 (-5.3 %)

EMH: LOW Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BULLISH (3) 08 Dec: BEARISH

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Elders Force Index /
[Buying Pressure]: Elders Force Index (38) confirms bullish conditions are intact

[BULLISH]: European Metals Holdings current price has highlighted recent buying pressure. Currently, the Elders Force Index is 38.

Positive momentum on the MACD histogram for EMH is maintained & supports a bullish move is likely
MACD /
Positive momentum on the MACD histogram for EMH is maintained & supports a bullish move is likely

[BULLISH]: European Metals Holdings currently has positive MACD of 0.004000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -2.1%.

Sine Weighted Moving Average(5) signal is confirmed for European Metals Holdings indicating downward price movement is likely
Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal is confirmed for European Metals Holdings indicating downward price movement is likely

[BEARISH]: European Metals Holdings 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 -5.3%.

Price Range /
European Metals Holdings: Daily price tange is $0.04 [Increasing Range]

EMH: Price Range Current Signal -> (1) 12 Dec: BULLISH (2) 11 Dec: BEARISH (3) 08 Dec: BULLISH

Bill Williams Market Facilitation /
European Metals Holdings: Bill Williams Profanity (Fake Day)

European Metals Holdings Currently is a confirmed Fake Day. MFI indicator is up, volume is down for EMH. Trend continuation possible for EMH from reduced trading activity.

Pivot Points /
[Short]: Exit price for EMH should be set @$0.683

European Metals Holdings has broken the first support point ($0.696) [Bearish]. Look for a short limit order entry near this point. Exit price for EMH should be set @$0.683 & short position stoploss for European Metals Holdings should be set between $0.763 & $0.776

[Downtrend]: Recent trading for EMH confirms bearish SMA(5) signal
Simple Moving Average /
[Downtrend]: Recent trading for EMH confirms bearish SMA(5) signal

[BULLISH]: European Metals Holdings currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -5.3%.

The WMA trend following signal is now active for European Metals Holdings [Bearish]
Weighted Moving Average /
The WMA trend following signal is now active for European Metals Holdings [Bearish]

[BEARISH]: European Metals Holdings 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 -5.3%.

Daily Volume Index /
Confirmation of European Metals Holdings is now being distributed via DVI

[BEARISH CROSSOVER]: European Metals Holdings current price has highlighted the commencement of distribution and the start of bearish trading conditions.

Percentage Volume /
[Bearish]: European Metals Holdings currently has negative PVO -22.7

EMH: PVO Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BEARISH (3) 08 Dec: BEARISH

Black Marubozu /
EMH Basic Candle: Black Marubozu

[BEARISH]: European Metals Holdings has formed a Black Marubozu candlestick. This means, EMH has received strong selling confidence and downward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Bull power has increased for European Metals Holdings signalling bullish conditions are likely
Elder Ray Index /
Bull power has increased for European Metals Holdings signalling bullish conditions are likely

[BULLISH]: European Metals HoldingsElder Ray Index is signalling a Bullish movementERI is 0.014 indicating bull power. Prices are being driven above the consensus of value for EMH during the last trading session [Buying Pressure]

Limit order for a short position has been identified for European Metals Holdings [Bearish]
Woodie Pivot Point /
Limit order for a short position has been identified for European Metals Holdings [Bearish]

European Metals Holdings has broken the first Woodie support point ($0.69) [Bearish]. Look for a short limit order entry near this point. Exit price for EMH should be set @$0.68 & short position stoploss for European Metals Holdings should be set at $0.76

Medium Trend /
European Metals Holdings: 2nd timeframe trend Uptrend remains intact

[BULLISH]: European Metals Holdings has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Dec 8 2017.

Ulcer Index /
Ulcer index has increased as the price has fallen for European Metals Holdings

[BULLISH]: European Metals Holdings UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 9.157.

Percentage Price /
The current price is still losing momentum through a fall for EMH on the short term EMA.

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

Volume /
European Metals Holdings: Daily volume is 6000 [Lower Volume]

[BEARISH]: European Metals Holdings current volume downtrend in the first timeframe. Volume for EMH is6000 (-90.9).

Daily trading for EMH indicated sellers are still in control
Close Tod Vs Range Tod /
Daily trading for EMH indicated sellers are still in control

[BEARISH]: European Metals Holdings sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for European Metals Holdings adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 251 trading days with the closing price in the lower part of the range giving a confirmation ratio of 95.4%. Over the last month there has been 3 trading days with the closing price in the lower range giving a confirmation ratio of 37.5%. Currently this quarter, closing price has spent 37 days in the lower price range compared to 39 days in the upper range giving a ratio of 0.9x.

European Metals Holdings: Negative divergence confirmed from CMF Crossover
Chaikin Money Flow /
European Metals Holdings: Negative divergence confirmed from CMF Crossover

[BEARISH CROSSOVER]: European Metals Holdings current price has highlighted recent selling pressure and the start of a bearish trading conditions. Currently, the CMF is -0.08. During the quarter, the lowest CMF value was -0.31

Open Tod Vs Close Tod /
European Metals Holdings opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day.

EMH: Open today versus close yesterday Current Signal ->(1) 12 Dec: BEARISH STRONG (2) 11 Dec: BEARISH (3) 08 Dec: BULLISH

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