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

Freelancer
+ Share

Envelope bands Oversold signal is still current for Freelancer [Bullish]
Moving Average Envelope /
Envelope bands Oversold signal is still current for Freelancer [Bullish]

[BULLISH]: Freelancer current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 0.4655.

Confirmation of Freelancer is currently being distributed via DVI
Daily Volume Index /
Confirmation of Freelancer is currently being distributed via DVI

[BEARISH]: Freelancer current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -1262.0000.

MACD Volume /
FLN: Volume Moving Average Convergence Divergence [Bearish Crossover]

[BEARISH CROSSOVER]: Freelancer currently has negative Volume MACD of -4465.0000. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Chaikin Money Flow /
Chaikin Oscillator showing selling pressure for FLN

[BEARISH]: Freelancer current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.26. FLN received a confirmed CMF crossover days on the Mar 27 2018.The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.38 occurring on the Mar 27 2018.

High Price /
Recent trading for Freelancer fell short of the previous high by -1.9000000000000000 %

[BEARISH]: Freelancer current downtrend in the first timeframe. Currently, the HIGH is -1.9000000000000000 %.

Open Tod Vs Close Tod /
Freelancer opened in the upper part of daily range at 100.000000000000000% & closed in the middle part of the trading range at 50.000000000000000%. This suggests the sellers have lost commitment.

FLN: Open today versus close yesterday Current Signal ->(1) 20 Apr: BEARISH WEAK (2) 19 Apr: BEARISH (3) 18 Apr: BULLISH WEAK

Top companies for
Australian Stock Exchange
Advertisment
Percentage Price /
PPO continues to signal a continuation of upward price rise for Freelancer

[BULLISH]: Freelancer currently has positive PPO 1.7000%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Freelancer: Rate of Change (14)
Rate of Change /
Freelancer: Rate of Change (14)

[BULLISH]: Freelancer currently has positive rate of change of 2.0000%. 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

Price continues to trade above the Triangular Moving Average(5) for FLN
Triangular Moving Average /
Price continues to trade above the Triangular Moving Average(5) for FLN

[BULLISH]: Freelancer currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.0%.

On Balance Volume /
FLN: Current trading activity signals OBV accumulation is active

[BULLISH]: Freelancer current price has highlighted recent accumulation. Currently, the OBV is 51277.0000.

Momentum /
5-day momentum is now decreasing for Freelancer

[BEARISH CROSSOVER]: Freelancer currently has negative momentum of -0.0050 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 0.0000%.The largest downward momentum rally for the last 3 months is 4 days producing a return of -2%%.

Fibonacci Extensions /
[Long]: Exit price for FLN should be set @$2.77

Freelancer has moved below the 161.8% level ($2.6) [Bullish]. Look for a long limit order entry near this point. Exit price for FLN should be set @$2.77 & Stoploss for Freelancer should be set at $2.43

Daily trading has maintained an Uptrend medium trend for Freelancer
Medium Trend /
Daily trading has maintained an Uptrend medium trend for Freelancer

[BULLISH]: Freelancer has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 17 2018.

Freelancer: Aroon oscillator (-48.0000) has confirmed a downtrend is present
Aroon Oscillator /
Freelancer: Aroon oscillator (-48.0000) has confirmed a downtrend is present

[BEARISH]: Freelancer has a current ARO(25) of -48.0000. This has change -76.0000 points from yesterday.

Black Candle /
FLN Basic Candle: Black

[BEARISH]: Freelancer has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Price Range /
Freelancer: Daily price range is 0.0100 [Downtrend]

[BEARISH]: Freelancer current downtrend in the first timeframe. Currently, the Range is $0.0100.

Detrended Price Oscillator /
Detrended Price for FLN has signalled bullish price movements are likely

[BULLISH]: Freelancer currently has a confirmed uptrend. Price is currently above the displaced moving average for FLNCurrently, the return on DPO20 is 0.0%.

Freelancer: Opening price is $0.505 (0.0000000000000000 %)
Opening Price /
Freelancer: Opening price is $0.505 (0.0000000000000000 %)

[BULLISH]: Freelancer opening price has gapped up. Currently, the OPEN is $0.505 (0.0000000000000000 %).

Freelancer: 3rd timeframe trend Uptrend remains intact
Long Trend /
Freelancer: 3rd timeframe trend Uptrend remains intact

[BULLISH]: Freelancer has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Mar 2 2018.

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

[BEARISH]: Freelancer current price has highlighted recent selling pressure. Currently, the Elders Force Index is -146.0000.

Ulcer Index /
Ulcer index has reduced in stress level for FLN & low drawdown is expected

[BEARISH]: Freelancer UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.933.

Volume /
Freelancer has failed to achieve a lower volume of 78281 (-35.9)

[BEARISH]: Freelancer current volume downtrend in the first timeframe. Volume for FLN is78281 (-35.9).

Percentage Volume /
FLN: The return on PVO is 1%.

[BULLISH]: Freelancer currently has positive PVO 5.9000%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 1%.

Elder Ray Index /
Freelancer: Elder Ray Index is 0.009 [Bullish]

[BULLISH]: FreelancerElder Ray Index is signalling a Bullish movementERI is 0.009 indicating bull power. Prices are being driven above the consensus of value for FLN during the last trading session [Buying Pressure]

Freelancer was difficult to move downward due to high volume in recent trading [Bearish]
Ease of Movement /
Freelancer was difficult to move downward due to high volume in recent trading [Bearish]

FLN: EOM Current Signal -> (1) 20 Apr: BEARISH HARD (2) 19 Apr: NEUTRAL (3) 18 Apr: BULLISH HARD

Freelancer has broken the first DeMark resistance point ($0.4988) [Bullish]
Demarks Pivot Points /
Freelancer has broken the first DeMark resistance point ($0.4988) [Bullish]

Freelancer has broken the first DeMark resistance point ($0.4988) [Bullish]. Look for a long limit order entry near this point. Exit price for FLN should be set @$0.5030 & Stoploss for Freelancer should be set at $0.4930

Range Tod Vs Range Yest /
Freelancer: Sellers are now becoming less eager.

[WEAK BULLISH]: Freelancersellers are becoming less eager. This is the first day sellers have decreased eagerness for FLN reducing strength to a downtrend in the first timeframe. The biggest price range this month has been $0.06 & the greatest daily price range this year has been $0.24. The price range ratio this week versus the quarterly price range is 0.9x & the price range ratio this month versus the year to date price range is 0.3x.

See More   See more results
Advertisment
Advertisment
back to top