Technical analysis from Future Generation Global (FGG.AX, ASX:FGG.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Future Generation Global
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Future Generation Global is being actively distributed based on DVI
Daily Volume Index /
Future Generation Global is being actively distributed based on DVI

[BEARISH]: Future Generation Global current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -764.

Positive ROC confirmation for FGG is a leading indicator for continued price rise
Rate of Change /
Positive ROC confirmation for FGG is a leading indicator for continued price rise

[BULLISH CROSSOVER]: Future Generation Global currently has positive rate of change of 1.145%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Percentage Volume /
The current volume for FGG is gaining momentum through a rise on the short term EMA

[BULLISH]: Future Generation Global currently has positive PVO 12.96%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0.8%.

MACD Volume /
The volume MACD continues to rise above the signal line for FGG [Bullish]

FGG: Volume MACD Recent Trading -> (1) 20 Jun: 3098 (2) 19 Jun: 19416 (3) 18 Jun: 47668

On Balance Volume /
Confirmation of Future Generation Global is currently being distributed via OBV

[BEARISH]: Future Generation Global current price has highlighted recent distribution. Currently, the OBV is -319893.

Demarks Pivot Points /
Limit order for a long position has been identified for Future Generation Global [Bullish]

Future Generation Global has broken the first DeMark resistance point ($1.3263) [Bullish]. Look for a long limit order entry near this point. Exit price for FGG should be set @$1.343 & Stoploss for Future Generation Global should be set at $1.318

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Momentum /
Future Generation Global: Momentum(5) Crossover

[BULLISH CROSSOVER]: Future Generation Global 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 -0.4%. The largest upward momentum rally for the last 3 months is 16 days producing a return of 5.6%.

Future Generation Global: Current trading activity signals distribution is present
Accumulation / Distribution /
Future Generation Global: Current trading activity signals distribution is present

[BEARISH]: Future Generation Global current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -412327.

Future Generation Global: Bill Williams Profanity [Green Day]
Bill Williams Market Facilitation /
Future Generation Global: Bill Williams Profanity [Green Day]

Future Generation Global Currently is a confirmed Green Day. Both MFI & volume are down for FGG. Trend continuation likely for FGG from increased trading activity.

MACD /
FGG: Moving Average Convergence Divergence [Bearish]

[BEARISH]: Future Generation Global currently has negative MACD of -0.0053. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -1.1%.

Open Tod Vs Close Tod /
Future Generation Global opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 60%. This suggests the buyers have lost commitment.

[BULLISH WEAK]: Future Generation Global opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 60%. This suggests the buyers have lost commitment. Over the last 12 months there has been 28 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 10.6%. Over the last month there has been 3 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 23.1%.

Low Price /
Recent trading for FGG has failed to beaten the previous low by -1.5 % [Downtrend]

[BULLISH]: Future Generation Global current downtrend in the first timeframe. Currently, the Low is $1.31 (-1.5 %).

[Uptrend]: Recent trading for FGG indicates ST trend is likely to continue
Exponential Moving Average /
[Uptrend]: Recent trading for FGG indicates ST trend is likely to continue

[BULLISH]: Future Generation Global currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.4%.

FGG: Price continues to move above the SMA(5) @$1.322
Simple Moving Average /
FGG: Price continues to move above the SMA(5) @$1.322

[BULLISH]: Future Generation Global 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 -0.4%.

Elders Force Index /
Future Generation Global: Direction, extent & volume have decreased in recent trading [Selling Pressure]

[BEARISH]: Future Generation Global current price has highlighted recent selling pressure. Currently, the Elders Force Index is -1860.

Pivot Points /
Future Generation Global has moved above the R1 pivot point ($1.336) [Bullish]

Future Generation Global has broken the first support point ($1.311) [Bearish]. Look for a short limit order entry near this point. Exit price for FGG should be set @$1.298 & short position stoploss for Future Generation Global should be set between $1.348 & $1.361

Percentage Price /
Future Generation Global: Price Percentage Oscillator (0.442)

[BULLISH]: Future Generation Global currently has positive PPO 0.442%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Future Generation Global: Bull Belt-Hold
Bull Belt-Hold /
Future Generation Global: Bull Belt-Hold

[BULLISH]: Future Generation Global has formed a new Bull Belt-Hold reversal pattern.

Stochastic Oscillator for FGG has crossed below the oversold limit triggering a bullish crossover signal
Stochastic Oscillator /
Stochastic Oscillator for FGG has crossed below the oversold limit triggering a bullish crossover signal

[BULLISH]: Future Generation Global is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Future Generation Global: Daily Performance (-0.4%.)
Close Tod Vs Close Yest /
Future Generation Global: Daily Performance (-0.4%.)

[BEARISH]: Future Generation Globalsellers are keener than buyers and are driving the price down. This is the first day of price decline for FGG adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -3.6 & the greatest daily negative change this year has been -4.5. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -8.9%. This quarter, the largest downswing rally has been 4 days giving a total rally downward movement of -3.6%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.3x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -1.800000%

Moving Average Envelope /
Envelope bands Oversold signal is still current for Future Generation Global [Bullish]

[BULLISH]: Future Generation Global current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 1.254.

Volume Rate of Change /
Negative VROC for FGG is a leading indicator for continued price fall

[BEARISH]: Future Generation Global currently has negative rate of change of -11%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -0.4%.

Closing Price /
Future Generation Global: Daily closing price is $1.325 [Bearish]

[BEARISH]: Future Generation Global current downtrend in the first timeframe. Currently, the Close is $1.325.

Chaikin Money Flow /
Selling pressure for Future Generation Global continues - bearish signal

[BEARISH]: Future Generation Global current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.12. FGG received a confirmed CMF crossover days on the Jun 8 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.44 occurring on the Jun 8 2018.

FGG: Average Directional Index has confirmed a weak trend @21.51
Average Directional Movement /
FGG: Average Directional Index has confirmed a weak trend @21.51

[Weak Trend]: ADX for FGG has confirmed a weak trend is present. Future Generation Global has an ATR(14) of 0.028, a DX of 15.19 & an ADX(14) of 21.51

Buying pressure for FGG highlights ability of buyers to drive the price upwards
Elder Ray Index /
Buying pressure for FGG highlights ability of buyers to drive the price upwards

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

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