[BEARISH]: Elanor Investors Elder Ray Index is signalling a Bearish movementERI is -0.049 indicating bear power. Prices are being driven below the consensus of value for ENN during the last trading session [Selling Pressure]
[BEARISH]: Elanor Investors current price has highlighted recent distribution. Currently, the OBV is -2.1422e+006.
[BEARISH]: Elanor Investors sellers are increasingly eager. This is the first day sellers have increasing eagerness for ENN adding strength to a downtrend in the first timeframe. The biggest price range this month has been $0.155 & the greatest daily price range this year has been $0.265. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.6x.
Elanor Investors has broken the first DeMark support point ($1.92) [Bearish]. Look for a short limit order entry near this point. Exit price for ENN should be set @$1.89 & short position stoploss for Elanor Investors should be set at $1.93
Australian Stock Exchange
Elanor Investors has broken the first Woodie support point ($1.89) [Bearish]. Look for a short limit order entry near this point. Exit price for ENN should be set @$1.88 & short position stoploss for Elanor Investors should be set at $1.96
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.
Elanor Investors : The current Fibonacci Extension levels are: (23.61%) $1.92: (38.2%) $1.95: (50%) $1.97: (61.8%) $2The current support levels are: (78.6%) $2.03: (100%) $2.07: (138.2%) $2.14: (161.8%) $2.19: (261.8%) $2.39: (423.61%) $2.7
[Bullish]: Average True Range has confirmed an uptrend is present. Elanor Investors has a TR of 0.045, and an ATR(14) of 0.036.
[BEARISH]: Elanor Investors has a current ARO(25) of -88. This has change 4 points from yesterday.
[BEARISH]: Elanor Investors currently has negative rate of change of -4.5%. 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
[BULLISH]: Elanor Investors current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.07. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.78
[BEARISH]: Elanor Investors currently has negative PPO -1.700%. This means the current price is losing momentum through a fall on the short term exponential moving average.
ENN: MOM Recent Trading -> (1) 20 Feb: -0.06 (2) 19 Feb: -0.01 (3) 16 Feb: -0.02
[BEARISH]: Elanor Investors current downtrend in the first timeframe. Currently, the HIGH is -0.8 %.
ENN: SMA(5) Current Signal -> (1) 20 Feb: BULLISH (2) 19 Feb: BULLISH (3) 16 Feb: BULLISH CROSSOVER
[BEARISH STRONG]: Elanor Investors 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 48 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 18.8%. Over the last month there has been 3 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 23.1%.
[BEARISH]: Elanor Investors current volume downtrend in the first timeframe. Volume for ENN is114204 (-31.8).
Elanor Investors Currently is a confirmed Fake Day. MFI indicator is up, volume is down for ENN. Trend continuation possible for ENN from reduced trading activity.
[BULLISH]: Elanor Investors currently has positive MACD of 0.000000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -3.1%.
[BEARISH]: Elanor Investors has formed a Black Marubozu candlestick. This means, ENN 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.
[BEARISH]: Elanor Investors 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 -2.3%.
ENN: Volume MACD Recent Trading -> (1) 20 Feb: 22429 (2) 19 Feb: 31413 (3) 16 Feb: 36422
[BULLISH]: Elanor Investors current accumulation has given strength to the share price and the continuation of bullish trading conditions.