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

Energy World Corporation
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[NEUTRAL]: Energy World Corporation current trading has closed out the Stochastic Oscillator to oversold status
Stochastic Oscillator /
[NEUTRAL]: Energy World Corporation current trading has closed out the Stochastic Oscillator to oversold status

EWC: Stochastic Oscillator Signal -> (1) 19 Jun: BULLISH CROSSUNDER (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

EWC Basic Candle: White Opening Marubozu
White Opening Marubozu /
EWC Basic Candle: White Opening Marubozu

[BULLISH]: Energy World Corporation has formed a White Opening Marubozu candlestick. This means, EWC has received strong buying confidence and upward price movement over the trading day with only a small upper shadow present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Sine Weighted Moving Average /
Energy World Corporation is in a short term uptrend with the support price @$0.174

[BULLISH]: Energy World Corporation currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 15.2%.

Simple Moving Average /
Energy World Corporation is in a short term uptrend with the closing price @$0.19

[BULLISH]: Energy World Corporation 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 15.2%.

Closing Price /
[Bullish]: Energy World Corporation has beaten previous close by 15.2 %

[BULLISH]: Energy World Corporation current uptrend in the first timeframe. Currently, the Close is $0.19.

Range Tod Vs Range Yest /
This is the first day buyers have increased eagerness for EWC adding strength to an uptrend in the first timeframe.

EWC: Range today versus range yesterday Current Signal ->(1) 19 Jun: BULLISH (2) 18 Jun: BEARISH (3) 15 Jun: BULLISH

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Ease of Movement /
Price was difficult to move upward in recent trading on high volume causing an uptrend in price for EWC

EWC: EOM Current Signal -> (1) 19 Jun: BULLISH HARD (2) 18 Jun: BEARISH HARD (3) 15 Jun: BEARISH HARD

The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 52.2%
Close Tod Vs Close Yest /
The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 52.2%

[BULLISH]: Energy World Corporationbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for EWC adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 15.2 & the greatest daily positive change this year has been 15.2. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 52.2%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 15.2%. The win ratio for price rise in the first timeframe for the last 12 months is 0.3x giving a total win/loss ratio of 0.8x. Over the last month the average daily upward movement has been 6.700000%

The WMA trend following signal is now active for Energy World Corporation [Bullish]
Weighted Moving Average /
The WMA trend following signal is now active for Energy World Corporation [Bullish]

[BULLISH]: Energy World Corporation currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 15.2%.

On Balance Volume /
OBV: Distribution still active for Energy World Corporation

[BEARISH]: Energy World Corporation current price has highlighted recent distribution. Currently, the OBV is -3.22227e+006.

Detrended Price Oscillator /
Energy World Corporation: Detrended Price Oscillator(20) is -0.0198

[BEARISH]: Energy World Corporation currently has a confirmed downtrend. Price is currently below the displaced moving average for EWC. Currently, the return on DPO20 is 15.2%.

Close Tod Vs Range Tod /
EWC: Over the last month there has been 2 trading days with the closing price in the upper range giving a confirmation ratio of 16.7%.

[BULLISH]: Energy World Corporation buyers are in control at the market close. This is the first day of buyer commitment for Energy World Corporation 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 87 trading days with the closing price in the upper part of the range giving a confirmation ratio of 33.1%. Over the last month there has been 2 trading days with the closing price in the upper range giving a confirmation ratio of 16.7%. Currently this quarter, closing price has spent 14 days in the upper price range compared to 25 days in the lower range giving a ratio of 0.6x.

Rate of change continues to build for Energy World Corporation signalling a short term downtrend is likely
Rate of Change /
Rate of change continues to build for Energy World Corporation signalling a short term downtrend is likely

[BEARISH]: Energy World Corporation currently has negative rate of change of -13.636%. 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

Energy World Corporation: Momentum(5) Crossover
Momentum /
Energy World Corporation: Momentum(5) Crossover

[BULLISH CROSSOVER]: Energy World Corporation currently has positive momentum of 0.01. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 15.2%. The largest upward momentum rally for the last 3 months is 11 days producing a return of 9.9%.

Daily Volume Index /
Recent trading signals Energy World Corporation is being distributed

[BEARISH]: Energy World Corporation current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -4854.

MACD Volume /
Volume MACD for Energy World Corporation is now gaining momentum @74318

EWC: Volume MACD Current Signal -> (1) 19 Jun: BULLISH CROSSOVER (2) 18 Jun: BEARISH CROSSOVER (3) 15 Jun: BULLISH

Volume Rate of Change /
14-day volume rate of change is increasing for Energy World Corporation

[BULLISH]: Energy World Corporation currently has positive volume of change of 2855%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 15.2%.

Drawdown for Energy World Corporation is currently high signalling high stress
Ulcer Index /
Drawdown for Energy World Corporation is currently high signalling high stress

[BULLISH]: Energy World Corporation UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 15.573.

Energy World Corporation: Elder Ray Index is 0.008 [Bullish]
Elder Ray Index /
Energy World Corporation: Elder Ray Index is 0.008 [Bullish]

[BULLISH]: Energy World Corporation Elder Ray Index is signalling a Bullish movementERI is 0.008 indicating bull power. Prices are being driven above the consensus of value for EWC during the last trading session [Buying Pressure]

Energy World Corporation MFI selling pressure has been relieved
Money Flow Index /
Energy World Corporation MFI selling pressure has been relieved

[NEUTRAL]: Energy World Corporation current trading has closed out money flow index overbought status and signalled the initiation of normal trading conditions. Currently, the MFI is 27.02. The previous bearish signal was active for 0 days. During the quarter, the highest MFI value was 57.06.

Pivot Points /
[Long]: Entry price for EWC should be set @$0.2

Energy World Corporation has broken the first resistance point ($0.2) [Bullish]. Look for a long limit order entry near this point. Exit price for EWC should be set @$0.21 & Stoploss for Energy World Corporation should be set between $0.16 & $0.15

Price Range /
Range for EWC has surpassed the range of the previous trading session

[BULLISH]: Energy World Corporation current uptrend in the first timeframe. Currently, the Range is $0.025.

Exponential Moving Average /
[Uptrend]: Recent trading for EWC confirms bullish EMA(5) signal

EWC: EMA(5) Current Signal -> (1) 19 Jun: BULLISH CROSSOVER (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH

Commodity Channel Index /
Trading conditions for Energy World Corporation have reduced trend reversal potential

[NEUTRAL]: Energy World Corporation current trading has closed out Commodity Channel Index to oversold status and signalled the initiation of normal trading conditions. Currently, the CCI is -73. The previous bullish signal was active for 0 day. During the quarter, the lowest CCI value was -195.

Energy World Corporation currently has negative PPO -5.157
Percentage Price /
Energy World Corporation currently has negative PPO -5.157

[BEARISH]: Energy World Corporation currently has negative PPO -5.157%. This means the current price is losing momentum through a fall on the short term exponential moving average.

[Long]: Entry price for EWC should be set @$0.202
Woodie Pivot Point /
[Long]: Entry price for EWC should be set @$0.202

Energy World Corporation has broken the first Woodie resistance point ($0.202) [Bullish]. Look for a long limit order entry near this point. Exit price for EWC should be set @$0.211 & Stoploss for Energy World Corporation should be set at $0.161

Average Directional Movement /
Daily trading has confirmed an ADX strong trend (26.84) for Energy World Corporation

[Trend]: ADX for EWC has confirmed a strong trend is present. Energy World Corporation has an ATR(14) of 0.014, a DX of 12.78 & an ADX(14) of 26.84

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