Technical analysis from Event Hospitality And Entertainment (EVT.AX, ASX:EVT.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Event Hospitality And Entertainment
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Event Hospitality And Entertainment was easily moved downward on low volume in recent trading [Bearish]
Ease of Movement /
Event Hospitality And Entertainment was easily moved downward on low volume in recent trading [Bearish]

[BEARISH]: Event Hospitality And Entertainment current price have moved downwards on low volume. Currently, the Ease of Movement is -54.011

Event Hospitality And Entertainment has failed to achieve a higher range ($0.19)
Price Range /
Event Hospitality And Entertainment has failed to achieve a higher range ($0.19)

[BEARISH]: Event Hospitality And Entertainment current downtrend in the first timeframe. Currently, the Range is $0.19.

Close Tod Vs Range Tod /
Currently this quarter, closing price for EVT has spent 26 days in the upper price range

[BULLISH]: Event Hospitality And Entertainment buyers are in control at the market close. This is the first day of buyer commitment for Event Hospitality And Entertainment 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 101 trading days with the closing price in the upper part of the range giving a confirmation ratio of 38.4%. Over the last month there has been 8 trading days with the closing price in the upper range giving a confirmation ratio of 61.5%. Currently this quarter, closing price has spent 26 days in the upper price range compared to 9 days in the lower range giving a ratio of 2.9x.

MACD Volume /
Volume MACD oscillator remains positive for EVT

EVT: Volume MACD Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH CROSSOVER (3) 18 Jun: BULLISH CROSSOVER

Detrended Price Oscillator /
Bearish trading conditions for Event Hospitality And Entertainment has been signalled from the DPO (-0.5985)

[BEARISH]: Event Hospitality And Entertainment currently has a confirmed downtrend. Price is currently below the displaced moving average for EVT. Currently, the return on DPO20 is -0.1%.

Elder Ray Index /
Selling pressure for EVT highlights ability of sellers to drive the price downwards

EVT: Elder Ray Index Current Signal -> (1) 20 Jun: BEARISH (2) 19 Jun: BEARISH (3) 18 Jun: BEARISH

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Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal continues for Event Hospitality And Entertainment indicating downward price movement is likely

[BEARISH]: Event Hospitality And Entertainment 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 -0.1%.

Open/close reversal confirmed for Event Hospitality And Entertainment signalling the buyers have taken control
Open Tod Vs Close Tod /
Open/close reversal confirmed for Event Hospitality And Entertainment signalling the buyers have taken control

[BULLISH]: Event Hospitality And Entertainment opened in the middle part of daily range at 57.9% & closed in the upper part of the trading range at 78.9%. This suggests the buyers have taken control. Over the last 12 months there has been 26 trading days with the opening price in the middle shadow & the closing the price in the upper shadow giving a confirmation ratio of 9.9%. Over the last month there has been 4 trading days with the opening price in the middle price range & the closing the price in the upper price range giving a confirmation ratio of 30.8%.

Exponential Moving Average(5) signal continues for Event Hospitality And Entertainment indicating downward price movement is likely
Exponential Moving Average /
Exponential Moving Average(5) signal continues for Event Hospitality And Entertainment indicating downward price movement is likely

EVT: EMA(5) Recent Trading -> (1) 20 Jun: 13.7177 (2) 19 Jun: 13.8016 (3) 18 Jun: 13.9174

Triangular Moving Average /
Triangular Moving Average(5) signal continues for Event Hospitality And Entertainment indicating downward price movement is likely

[BEARISH]: Event Hospitality And Entertainment currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.1%.

Low Price /
Recent trading for Event Hospitality And Entertainment fell short of the previous low by -0.2 %

[BULLISH]: Event Hospitality And Entertainment current downtrend in the first timeframe. Currently, the Low is $13.4 (-0.2 %).

Pivot Points /
Event Hospitality And Entertainment has moved below the S1 pivot point ($13.436) [Bearish]

Event Hospitality And Entertainment has broken the first support point ($13.436) [Bearish]. Look for a short limit order entry near this point. Exit price for EVT should be set @$13.323 & short position stoploss for Event Hospitality And Entertainment should be set between $13.703 & $13.816

The longest consecutive downswing rally over the last 12 months has been 10 days giving a total rally downward movement of -6.2%
Close Tod Vs Close Yest /
The longest consecutive downswing rally over the last 12 months has been 10 days giving a total rally downward movement of -6.2%

EVT: Recent performance signals ->(1) 20 Jun: NEUTRAL (2) 19 Jun: NEUTRAL (3) 18 Jun: BULLISH

Event Hospitality And Entertainment: Average Directional Index (30.52) has confirmed a strong trend is present
Average Directional Movement /
Event Hospitality And Entertainment: Average Directional Index (30.52) has confirmed a strong trend is present

[Trend]: ADX for EVT has confirmed a strong trend is present. Event Hospitality And Entertainment has an ATR(14) of 0.313, a DX of 55.06 & an ADX(14) of 30.52

Elders Force Index /
Bearish conditions for EVT are likely to continue based on EFI (-607)

EVT: Elders Force Index Current Signal -> (1) 20 Jun: BEARISH (2) 19 Jun: BEARISH CROSSOVER (3) 18 Jun: BULLISH CROSSOVER

Momentum /
Negative momentum for EVT is a leading indicator for continued price falls

[BEARISH]: Event Hospitality And Entertainment currently has negative momentum of -0.35 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.1%.The largest downward momentum rally for the last 3 months is 7 days producing a return of -2.2%.

Percentage Price /
PPO has negative momentum signalling a continuation of downward price fall for EVT

[BEARISH]: Event Hospitality And Entertainment currently has negative PPO -0.686%. This means the current price is losing momentum through a fall on the short term exponential moving average.

The current price level for Event Hospitality And Entertainment is maintained below the average
Commodity Channel Index /
The current price level for Event Hospitality And Entertainment is maintained below the average

[BULLISH]: Event Hospitality And Entertainment current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -181. The bullish signal has been active for 4 days. During the quarter, the lowest CCI value was -371.

Daily bar has maintained 2nd timeframe Uptrend for EVT
Medium Trend /
Daily bar has maintained 2nd timeframe Uptrend for EVT

[BULLISH]: Event Hospitality And Entertainment has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 13 2018.

Weighted Moving Average /
[Downtrend]: Recent trading for EVT indicates ST trend is likely to continue

[BEARISH]: Event Hospitality And Entertainment 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 -0.1%.

Accumulation / Distribution /
Confirmation of Event Hospitality And Entertainment is currently being accumulated

EVT: ADLINE Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: BULLISH CROSSOVER

Rate of Change /
Event Hospitality And Entertainment: Rate of Change (14)

[BEARISH]: Event Hospitality And Entertainment currently has negative rate of change of -4.51%. 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

Ulcer Index /
Recent upward trend has reduced drawdown exposure associated with Event Hospitality And Entertainment

[BEARISH]: Event Hospitality And Entertainment UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.745.

EVT Basic Candle: White
White Candle /
EVT Basic Candle: White

[BULLISH]: Event Hospitality And Entertainment has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

OBV: Accumulation still active for Event Hospitality And Entertainment
On Balance Volume /
OBV: Accumulation still active for Event Hospitality And Entertainment

[BULLISH]: Event Hospitality And Entertainment current price has highlighted recent accumulation. Currently, the OBV is 313774.

Moving Average Envelope /
Closing price ($13.55) for EVT is still below the Lower Envelope Band

[BEARISH]: Event Hospitality And Entertainment current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 14.6895.

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