Freelancer
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Commodity Channel Index /
Freelancer is no longer oversold
[NEUTRAL]: Freelancer (ASX:FLN) current trading has closed out Commodity Channel Index to oversold status and signalled the initiation of normal trading conditions. Currently, the CCI is -72. The previous bullish signal was active for 0 day. During the quarter, the lowest CCI value was -153.
See Signal Activity
Fibonacci Retracements /
Freelancer: 0.618 Fibonacci Retraction (0.86)
Freelancer: The current Fibonacci Retraction levels are: (23.61%) $0.83: (38.2%) $0.84: (50%) $0.85: (61.8%) $0.86The current support levels are: (78.6%) $0.87: (100%) $0.89: (138.2%) $0.91: (161.8%) $0.93: (261.8%) $1.01: (423.61%) $1.13
Percentage Volume /
Percentage volume oscillator remains negative for FLN
[BEARISH]: Freelancer currently has negative PVO -62.77%. The recent volume is losing momentum through a fall on the short term exponential moving average.
MACD /
MACD oscillator remains negative for FLN
FLN: MACD Current Signal -> (1) 17 Jan: BEARISH (2) 16 Jan: BEARISH (3) 15 Jan: BEARISH
Elder Ray Index /
[Bearish]: Recent trading has driven price below the consensus of value for FLN
FLN: Elder Ray Index Current Signal -> (1) 17 Jan: BEARISH (2) 16 Jan: BEARISH (3) 15 Jan: BEARISH
Tricklar Trend /
Daily trading has maintained an Downtrend medium trend for Freelancer
[BEARISH]: Freelancer has a Tricklar downtrend confirmation. This was confirmed through a price breakout on the Jan 4 2019.
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Coles Reaction Day /
Recent trading indicates an upward price direction FLN [Bullish]
Freelancer: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for FLN
![Freelancer: Direction, extent & volume have increased in recent trading [Buying Pressure]](http://tricklar.com/ArticleImages/ASX/FLN/FLN_30.png
)
Elders Force Index /
Freelancer: Direction, extent & volume have increased in recent trading [Buying Pressure]
[BULLISH]: Freelancer current price has highlighted recent buying pressure. Currently, the Elders Force Index is 157.
Chaikin Money Flow /
Freelancer: CMF(0.35)
[BULLISH]: Freelancer current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.35. Freelancer (ASX:FLN) received a confirmed CMF crossover days on the Oct 30 2018. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.4 occurring on the Oct 30 2018.
Camarilla Pivot Points /
Short positions for Freelancer should be set between $0.842 & $0.7
Freelancer current pivot point Camarilla is: $0.842. The current resistance levels are: (R1) $0.91: (R2) $0.98: (R3) $1.051: (R4) $1.261The current support levels are: (S1) $0.77: (S2) $0.7: (S3) $0.63: (S4) $0.419
Close Tod Vs Range Tod /
Freelancer: Sellers are in control at the market close.
[BEARISH]: Freelancer sellers in control. This is the first day of seller commitment for Freelancer adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 2 trading days with the closing price in the lower part of the range giving a confirmation ratio of 0.8%. Over the last month there has been 2 trading days with the closing price in the lower range giving a confirmation ratio of 16.7%. Currently this quarter, closing price has spent 2 days in the lower price range compared to 3 days in the upper range giving a ratio of 0.7x.
Rate of Change /
Negative ROC for Freelancer is a leading indicator for continued price fall
[BEARISH]: Freelancer currently has negative rate of change of -3.448%. 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
![Freelancer has broken below the 161.8% extension level ($4.4) [Bullish]](http://tricklar.com/ArticleImages/ASX/FLN/FLN_74.png
)
Fibonacci Extensions /
Freelancer has broken below the 161.8% extension level ($4.4) [Bullish]
Freelancer: The current Fibonacci Extension levels are: (23.61%) $0.83: (38.2%) $0.84: (50%) $0.85: (61.8%) $0.86The current support levels are: (78.6%) $0.87: (100%) $0.89: (138.2%) $0.91: (161.8%) $0.93: (261.8%) $1.01: (423.61%) $1.13
On Balance Volume /
Freelancer: On Balance Volume (4369.5)
[BULLISH]: Freelancer current price has highlighted recent accumulation. Currently, the OBV is 4369.5.
Percentage Price /
Freelancer: Price Percentage Oscillator Crossover
[BEARISH CROSSOVER]: Freelancer currently has negative PPO -0.04%. This means the current price is losing momentum through a fall on the short term exponential moving average.
Triangular Moving Average /
Freelancer is in a short term downtrend with the resistance price @$0.861
[BEARISH]: Freelancer currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 0.4%.
Demarks Pivot Points /
Freelancer has moved below the S1 DeMark pivot point ($0.8413) [Bearish]
Freelancer has broken the first DeMark support point ($0.8413) [Bearish]. Look for a short limit order entry near this point. Exit price for FLN should be set @$0.8380 & short position stoploss for Freelancer should be set at $0.843
![Limit order for a short position has been identified for Freelancer [Bearish]](http://tricklar.com/ArticleImages/ASX/FLN/FLN_62.png
)
Woodie Pivot Point /
Limit order for a short position has been identified for Freelancer [Bearish]
Freelancer has broken the first Woodie support point ($0.836) [Bearish]. Look for a short limit order entry near this point. Exit price for FLN should be set @$0.836 & short position stoploss for Freelancer should be set at $0.846
Close Tod Vs Close Yest /
The biggest upward movement for Freelancer this month has been 1.2
[BULLISH]: Freelancerbuyers are keener than sellers and are driving the price up. There has been 2 consecutive days of price rise for FLN adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 1.2 & the greatest daily positive change this year has been 1.2. The longest consecutive upswing rally over the last 12 months has been 4 days giving a total rally upward movement of 4257.1%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 4.9%. The win ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 1x. Over the last month the average daily upward movement has been 0.300000%
Sine Weighted Moving Average /
Sine Weighted Moving Average(15) signal continues for Freelancer indicating downward price movement is likely
[BEARISH]: Freelancer currently has a confirmed downtrend. Recent trading has caused the SWMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 0.4%.
Pivot Points /
Freelancer has moved below the S2 pivot point ($0.837) [Bearish]
Freelancer current pivot point is: 0.842. The current resistance levels are: (R2) $0.847: (R2) $0.847: (R3) $0.849: The current support levels are: (S1) $0.839: (S2) $0.837: (S3) $0.834
Detrended Price Oscillator /
Price is currently below the displaced moving average for FLN [Bearish]
[BEARISH]: Freelancer currently has a confirmed downtrend. Price is currently below the displaced moving average for FLN. Currently, the return on DPO20 is 0.4%.
Ease of Movement /
Trading session closed higher on high volume for Freelancer [Bullish]
[BULLISH]: Freelancer current price have moved upwards on high volume. Currently, the Ease of Movement is 0.515
Accumulation / Distribution /
Freelancer accumulation trading has been initiated
[BULLISH CROSSOVER]: Freelancer (ASX:FLN) current price has highlighted the commencement of accumulation and the start of bullish trading conditions. Currently, the ADLINE is 6704.
Volume Rate of Change /
Freelancer: Volume rate of Change (14)
[BEARISH]: Freelancer currently has negative rate of change of -83%. 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%.
![[Bearish]: WMA(15) is serving as a resistance line for Freelancer](http://tricklar.com/ArticleImages/ASX/FLN/FLN_26.png
)
Weighted Moving Average /
[Bearish]: WMA(15) is serving as a resistance line for Freelancer
[BEARISH]: Freelancer currently has a confirmed downtrend. Recent trading has caused the WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 0.4%.
MACD Volume /
Positive momentum on the volume MACD histogram for FLN is maintained & supports a bullish move is likely
FLN: Volume MACD Current Signal -> (1) 17 Jan: BULLISH (2) 16 Jan: BULLISH (3) 15 Jan: BULLISH
