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

European Metals Holdings
+ Share

Signal line is still below the EMA for European Metals Holdings producing negative momentum
Percentage Price /
Signal line is still below the EMA for European Metals Holdings producing negative momentum

[BEARISH]: European Metals Holdings currently has negative PPO -8.700%. This means the current price is losing momentum through a fall on the short term exponential moving average.

European Metals Holdings has broken the first Woodie support point ($0.476) [Bearish]
Woodie Pivot Point /
European Metals Holdings has broken the first Woodie support point ($0.476) [Bearish]

European Metals Holdings has broken the first Woodie support point ($0.476) [Bearish]. Look for a short limit order entry near this point. Exit price for EMH should be set @$0.473 & short position stoploss for European Metals Holdings should be set at $0.493

Elders Force Index /
[Selling Pressure]: Elders Force Index (-1379) confirms bearish conditions are intact

[BEARISH]: European Metals Holdings current price has highlighted recent selling pressure. Currently, the Elders Force Index is -1379.

Range Tod Vs Range Yest /
European Metals Holdings: Range Performance (100)

[BEARISH]: European Metals Holdingssellers are increasingly eager. There has been 2 consecutive days of range increase for EMH adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.135 & the greatest daily price range this year has been $0.29. The price range ratio this week versus the quarterly price range is 0.1x & the price range ratio this month versus the year to date price range is 0.5x.

Black Marubozu /
EMH Basic Candle: Black Marubozu

EMH: Basic Candlestick Current Signal -> (1) 20 Feb: BEARISH (2) 19 Feb: BULLISH (3) 16 Feb: NEUTRAL

Low Price /
EMH has achieved a lower low of $0.48 (-1 %)

[BULLISH]: European Metals Holdings current downtrend in the first timeframe. Currently, the Low is $0.48 (-1 %).

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

EMH: WMA Recent Trading -> (1) 20 Feb: 0.482 (2) 19 Feb: 0.48 (3) 16 Feb: 0.471

Advertisment
[High Stress]: High drawdown associated with recent trading of EMH
Ulcer Index /
[High Stress]: High drawdown associated with recent trading of EMH

[BULLISH]: European Metals Holdings UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 25.112.

Over the last month the average daily loss ratio has been -4.7%
Close Tod Vs Close Yest /
Over the last month the average daily loss ratio has been -4.7%

[BEARISH]: European Metals Holdingssellers are keener than buyers and are driving the price down. This is the first day of price decline for EMH adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -10.2 & the greatest daily negative change this year has been -10.2. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -30.5%. This quarter, the largest downswing rally has been 5 days giving a total rally downward movement of -12.2%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 0.8x. Over the last month the average daily downward movement has been -4.7%

Volume Rate of Change /
European Metals Holdings: Volume rate of Change (-94)

[BEARISH]: European Metals Holdings currently has negative rate of change of -94%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -2%.

Detrended Price Oscillator /
Bearish trading conditions for European Metals Holdings has been signalled from the DPO (-0.1517)

[BEARISH]: European Metals Holdings currently has a confirmed downtrend. Price is currently below the displaced moving average for EMHCurrently, the return on DPO20 is -2%.

Sine Weighted Moving Average /
[Downtrend]: Recent trading for EMH confirms bearish SWMA(5) signal

[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 -2%.

Recent trading for EMH has beaten the previous high by 0 % [Uptrend]
High Price /
Recent trading for EMH has beaten the previous high by 0 % [Uptrend]

EMH: HIGH Current Signal -> (1) 20 Feb: NEUTRAL (2) 19 Feb: BULLISH (3) 16 Feb: BEARISH

Volume MACD oscillator remains negative for EMH
MACD Volume /
Volume MACD oscillator remains negative for EMH

[BEARISH]: European Metals Holdings currently has negative Volume MACD of -18628. This means the signal line is less than the Volume MACD line signalling a bearish movement.

MACD /
[Bullish]: European Metals Holdings currently has positive MACD histogram 0.005000

[BULLISH]: European Metals Holdings currently has positive MACD of 0.005000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -2%.

Triangular Moving Average /
Price continues to trade above the Triangular Moving Average(5) for EMH

EMH: TMA Current Signal -> (1) 20 Feb: BEARISH (2) 19 Feb: BEARISH (3) 16 Feb: BEARISH CROSSOVER

Open Tod Vs Close Tod /
EMH: Over the last 12 months there has been 54 trading days with the opening price in the upper shadow & the closing the price in the lower shadow

[BEARISH STRONG]: 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. Over the last 12 months there has been 54 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 21.1%. Over the last month there has been 4 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 30.8%.

European Metals Holdings: Simple Moving Average(5) (0.479)
Simple Moving Average /
European Metals Holdings: Simple Moving Average(5) (0.479)

[BEARISH]: European Metals Holdings 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 -2%.

OBV: Distribution still active for European Metals Holdings
On Balance Volume /
OBV: Distribution still active for European Metals Holdings

[BEARISH]: European Metals Holdings current price has highlighted recent distribution. Currently, the OBV is -1.42991e+006.

[Bearish]: Lower volume has formed for EMH by -18 during the last trading session
Volume /
[Bearish]: Lower volume has formed for EMH by -18 during the last trading session

[BEARISH]: European Metals Holdings current volume downtrend in the first timeframe. Volume for EMH is5000 (-18).

Average True Range /
European Metals Holdings: Average True Range (0.034) has confirmed an downtrend is present

EMH: Average True Range Recent Trading -> (1) 20 Feb: 0.034 (2) 19 Feb: 0.036 (3) 16 Feb: 0.038

Opening Price /
Price for EMH has opened stronger than close of the previous trading session

EMH: OPEN Current Signal -> (1) 20 Feb: NEUTRAL (2) 19 Feb: BULLISH (3) 16 Feb: BEARISH

Pivot Points /
European Metals Holdings has broken the first support point ($0.476) [Bearish]

European Metals Holdings has broken the first support point ($0.476) [Bearish]. Look for a short limit order entry near this point. Exit price for EMH should be set @$0.473 & short position stoploss for European Metals Holdings should be set between $0.493 & $0.496

DeMark pivot point for EMH is bullish. Stoploss should be positioned @$0.475
Demarks Pivot Points /
DeMark pivot point for EMH is bullish. Stoploss should be positioned @$0.475

European Metals Holdings has broken the first DeMark resistance point ($0.4825) [Bullish]. Look for a long limit order entry near this point. Exit price for EMH should be set @$0.485 & Stoploss for European Metals Holdings should be set at $0.475

Lower envelope oversold signal had been maintained for European Metals Holdings
Moving Average Envelope /
Lower envelope oversold signal had been maintained for European Metals Holdings

[BULLISH]: European Metals Holdings current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 0.5225.

Average Directional Movement /
EMH: Average Directional Index has confirmed a strong trend @25.91

[Trend]: ADX for EMH has confirmed a strong trend is presentEuropean Metals Holdings has an ATR(14) of 0.034, a DX of 31.69 & an ADX(14) of 25.91

See More   See more results
Advertisment
Advertisment
back to top