Technical analysis from Freedom Insurance (FIG.AX.AX, ASX:FIG.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Freedom Insurance
+ Share

Limit order for a long position has been identified for Freedom Insurance  @$1.37
Fibonacci Extensions /
Limit order for a long position has been identified for Freedom Insurance @$1.37

Freedom Insurance : The current Fibonacci Extension levels are: (23.61%) $0.44: (38.2%) $0.46: (50%) $0.47: (61.8%) $0.47The current support levels are: (78.6%) $0.49: (100%) $0.51: (138.2%) $0.54: (161.8%) $0.55: (261.8%) $0.63: (423.61%) $0.76

Freedom Insurance  opened in the lower part of daily range at 0% & closed in the upper part of the trading range at 85.7%. This suggests the buyers were in control all day.
Open Tod Vs Close Tod /
Freedom Insurance opened in the lower part of daily range at 0% & closed in the upper part of the trading range at 85.7%. This suggests the buyers were in control all day.

[BULLISH STRONG]: Freedom Insurance opened in the lower part of daily range at 0% & closed in the upper part of the trading range at 85.7%. This suggests the buyers were in control all day. Over the last 12 months there has been 54 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 21%. 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 upper price range giving a confirmation ratio of 21.4%.

Volume /
[Bearish]: Freedom Insurance has failed to beat the previous volume by -25.5

[BEARISH]: Freedom Insurance current volume downtrend in the first timeframe. Volume for FIG is507838 (-25.5).

On Balance Volume /
OBV: Accumulation still active for Freedom Insurance

[BULLISH]: Freedom Insurance current price has highlighted recent accumulation. Currently, the OBV is 236499.

Average True Range /
Freedom Insurance has signalled an ATR trend present [Uptrend]

[Bullish]: Average True Range has confirmed an uptrend is present. Freedom Insurance has a TR of 0.045, and an ATR(14) of 0.022.

Top companies for
Australian Stock Exchange
Advertisment
Williams %R /
Freedom Insurance is no longer oversold with the William %R @-42.9

FIG: William %R Current Signal -> (1) 21 Feb: BEARISH CROSSUNDER (2) 20 Feb: BULLISH (3) 19 Feb: BULLISH CROSSOVER

[Bullish]: WMA(5) is serving as a support line for Freedom Insurance
Weighted Moving Average /
[Bullish]: WMA(5) is serving as a support line for Freedom Insurance

FIG: WMA Current Signal -> (1) 21 Feb: BEARISH (2) 20 Feb: BULLISH (3) 19 Feb: BULLISH

Stoploss for Freedom Insurance  should be set at $0.424
Woodie Pivot Point /
Stoploss for Freedom Insurance should be set at $0.424

Freedom Insurance has broken the first Woodie resistance point ($0.483) [Bullish]. Look for a long limit order entry near this point. Exit price for FIG should be set @$0.494 & Stoploss for Freedom Insurance should be set at $0.424

Percentage Price /
The current price is still losing momentum through a fall for FIG on the short term EMA.

FIG: PPO Current Signal -> (1) 21 Feb: BEARISH (2) 20 Feb: BEARISH (3) 19 Feb: BEARISH

Camarilla Pivot Points /
Freedom Insurance has broken the first Camarilla resistance point ($0.503) [Bullish]

Freedom Insurance has broken the first Camarilla resistance point ($0.503) [Bullish]. Look for a long limit order entry near this point. Exit price for FIG should be set @$0.541 & Stoploss for Freedom Insurance should be set between $0.389 & $0.351

Momentum /
5-day momentum is decreasing for Freedom Insurance

[BEARISH]: Freedom Insurance currently has negative momentum of -0.015 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 9.4%.The largest downward momentum rally for the last 3 months is 5 days producing a return of -6.6%%.

Simple Moving Average(5) signal is confirmed for Freedom Insurance  indicating upward price movement is likely
Simple Moving Average /
Simple Moving Average(5) signal is confirmed for Freedom Insurance indicating upward price movement is likely

[BEARISH]: Freedom Insurance 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 9.4%.

Prices are being driven above the consensus of value for FIG [Bullish]
Elder Ray Index /
Prices are being driven above the consensus of value for FIG [Bullish]

FIG: Elder Ray Index Current Signal -> (1) 21 Feb: BULLISH (2) 20 Feb: BEARISH (3) 19 Feb: BEARISH

Sine Weighted Moving Average /
[Uptrend]: Recent trading for FIG confirms bullish SWMA(5) signal

[BULLISH]: Freedom Insurance 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 9.4%.

Chaikin Money Flow /
CMF has negative divergence between price and volume

[BEARISH]: Freedom Insurance current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.2. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.37

Commodity Channel Index /
Freedom Insurance is no longer oversold @ -97

[NEUTRAL]: Freedom Insurance current trading has closed out Commodity Channel Index to oversold status and signalled the initiation of normal trading conditions. Currently, the CCI is -97. The previous bullish signal was active for 0 day. During the quarter, the lowest CCI value was -275.

FIG: Current trading activity signals distribution is active
Accumulation / Distribution /
FIG: Current trading activity signals distribution is active

[BEARISH]: Freedom Insurance current distribution has given weakness to the share price and the continuation of bearish trading conditions.

FIG: Short term trend has confirmed an Uptrend
Short Trend /
FIG: Short term trend has confirmed an Uptrend

FIG: Daily Trend Current Signal -> (1) 21 Feb: BULLISH CONFIRM (2) 20 Feb: BEARISH (3) 19 Feb: BEARISH

Negative ROC: Price is trading lower for Freedom Insurance  than 14 days ago
Rate of Change /
Negative ROC: Price is trading lower for Freedom Insurance than 14 days ago

[BEARISH]: Freedom Insurance currently has negative rate of change of -5.1%. 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

Demarks Pivot Points /
Stoploss for Freedom Insurance should be set between $0.45

Freedom Insurance has broken the first DeMark resistance point ($0.46) [Bullish]. Look for a long limit order entry near this point. Exit price for FIG should be set @$0.485 & Stoploss for Freedom Insurance should be set at $0.45

Ease of Movement /
Trading session closed higher on high volume for Freedom Insurance [Bullish]

FIG: EOM Current Signal -> (1) 21 Feb: BULLISH HARD (2) 20 Feb: BEARISH HARD (3) 19 Feb: BEARISH HARD

Elders Force Index /
Price & volume confirms continued selling pressure for Freedom Insurance is likely

[BEARISH]: Freedom Insurance current price has highlighted recent selling pressure. Currently, the Elders Force Index is -1748.

Exponential Moving Average /
Exponential Moving Average(5) signal is confirmed for Freedom Insurance indicating upward price movement is likely

[BULLISH]: Freedom Insurance 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 9.4%.

Freedom Insurance : Bear Tasuki
Bear Tasuki /
Freedom Insurance : Bear Tasuki

[BEARISH]: Freedom Insurance has formed a new Bear Tasuki pattern.

Freedom Insurance : Percentage Volume Oscillator @4.8 [Bullish]
Percentage Volume /
Freedom Insurance : Percentage Volume Oscillator @4.8 [Bullish]

[BULLISH]: Freedom Insurance currently has positive PVO 4.8%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 9.4%.

Pivot Reversal /
A short term Pivot Reversal has formed with Freedom Insurance

[BULLISH]: A short term Pivot Reversal has formed with Freedom Insurance which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 13 occurrences of this bar reversal giving a signal probability of 5.1%.

See More   See more results
Advertisment
Advertisment
back to top