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

Flight Centre
+ Share

[Bearish]: Flight Centre has failed to beat previous close by -2.6 %
Closing Price /
[Bearish]: Flight Centre has failed to beat previous close by -2.6 %

[BEARISH]: Flight Centre current downtrend in the first timeframe. Currently, the Close is $44.16.

Open/close reversal confirmed for Flight Centre signalling the sellers were in control all day
Open Tod Vs Close Tod /
Open/close reversal confirmed for Flight Centre signalling the sellers were in control all day

FLT: Open today versus close yesterday Current Signal ->(1) 12 Dec: BEARISH STRONG (2) 11 Dec: BEARISH WEAK (3) 08 Dec: BULLISH STRONG

Percentage Volume /
Percentage volume oscillator remains positive for FLT

[BULLISH]: Flight Centre currently has positive PVO 0.4%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -1.5%.

Triangular Moving Average /
Flight Centre is in a short term downtrend with the resistance price @$44.327

[BEARISH]: Flight Centre currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -2.6%.

Opening Price /
Flight Centre: Daily opening performance is -0.1 % [Uptrend]

[BULLISH]: Flight Centre opening price has gapped up. Currently, the OPEN is $45.46 (-0.1 %).

Exponential Moving Average /
Exponential Moving Average(5) signal is confirmed for Flight Centre indicating downward price movement is likely

[BEARISH]: Flight Centre currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -2.6%.

Top companies for
Australian Stock Exchange
Advertisment
Stochastic Oscillator /
Stochastic Oscillator (24.6) for FLT is now below the oversold limit

FLT: Stochastic Oscillator Signal -> (1) 12 Dec: BEARISH CROSSOVER (2) 11 Dec: NEUTRAL (3) 08 Dec: BULLISH CROSSUNDER

Closing price for Flight Centre has seen sellers continue to win the daily battle for performance @ -2.6%
Close Tod Vs Close Yest /
Closing price for Flight Centre has seen sellers continue to win the daily battle for performance @ -2.6%

[BEARISH]: Flight Centresellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for FLT adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -2.6 & the greatest daily negative change this year has been -4. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -7.7%. This quarter, the largest downswing rally has been 4 days giving a total rally downward movement of -5.4%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -1.2%

Price was easily moved downward in recent trading on low volume causing an downtrend in price for FLT
Ease of Movement /
Price was easily moved downward in recent trading on low volume causing an downtrend in price for FLT

FLT: EOM Recent Trading -> (1) 12 Dec: -392.329 (2) 11 Dec: 11.135 (3) 08 Dec: 183.735

Sine Weighted Moving Average /
The SWMA trend following signal is now active for Flight Centre [Bearish]

[BEARISH]: Flight Centre currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -2.6%.

High Price /
High for FLT has not surpassed the high of the previous trading session

FLT: HIGH Recent Trading -> (1) 12 Dec: 45.47 (2) 11 Dec: 45.7 (3) 08 Dec: 45.79

Elders Force Index /
Elders Force Index (-41348) has signalled selling pressure has continued for FLT

[BEARISH]: Flight Centre current price has highlighted recent selling pressure. Currently, the Elders Force Index is -41348.

Flight Centre: Range Performance (141.7)
Range Tod Vs Range Yest /
Flight Centre: Range Performance (141.7)

[BEARISH]: Flight Centresellers are increasingly eager. This is the first day sellers have increasing eagerness for FLT adding strength to a downtrend in the first timeframe. The biggest price range this month has been $2.6 & the greatest daily price range this year has been $22.19. The price range ratio this week versus the quarterly price range is 0.6x & the price range ratio this month versus the year to date price range is 0.1x.

[Long]: Entry price for FLT should be set @$44.4175
Demarks Pivot Points /
[Long]: Entry price for FLT should be set @$44.4175

Flight Centre has broken the first DeMark resistance point ($44.4175) [Bullish]. Look for a long limit order entry near this point. Exit price for FLT should be set @$44.815 & Stoploss for Flight Centre should be set at $43.365

Pivot Points /
Limit order for a short position has been identified for Flight Centre [Bearish]

Flight Centre current pivot point is: 44.55. The current resistance levels are: (R1) $45.08: (R2) $46: (R3) $46.53: The current support levels are: (S1) $43.63: (S2) $43.1: (S3) $42.18

Medium Trend /
Daily trading has maintained an Downtrend medium trend for Flight Centre

[BEARISH]: Flight Centre has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Dec 11 2017.

Accumulation / Distribution /
Recent trading signals Flight Centre is being distributed

FLT: ADLINE Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BEARISH (3) 08 Dec: BEARISH

Flight Centre: Range ($1.45)
Price Range /
Flight Centre: Range ($1.45)

[BULLISH]: Flight Centre current uptrend in the first timeframe. Currently, the Range is $1.45.

Flight Centre: MACD oscillator (0.038000)
MACD /
Flight Centre: MACD oscillator (0.038000)

[BULLISH]: Flight Centre currently has positive MACD of 0.038000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -2.6%.

Flight Centre is being actively distributed based on DVI
Daily Volume Index /
Flight Centre is being actively distributed based on DVI

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

Woodie Pivot Point /
[Short]: Exit price for FLT should be set @$43.003

Flight Centre has broken the first Woodie support point ($43.436) [Bearish]. Look for a short limit order entry near this point. Exit price for FLT should be set @$43.003 & short position stoploss for Flight Centre should be set at $45.903

Bill Williams Market Facilitation /
Trend continuation possible for FLT from reduced trading activity

Flight Centre Currently is a confirmed Fake Day. MFI indicator is up, volume is down for FLT. Trend continuation possible for FLT from reduced trading activity.

Average Directional Movement /
Average Directional Index for Flight Centre has signalled a weak trend is active

[Weak Trend]: ADX for FLT has confirmed a weak trend is presentFlight Centre has an ATR(14) of 0.911, a DX of 19.13 & an ADX(14) of 22.8

Low Price /
Flight Centre has failed to achieve a lower low of $44.02 (-2.4 %)

[BULLISH]: Flight Centre current downtrend in the first timeframe. Currently, the Low is $44.02 (-2.4 %).

Recent downward trend has increased drawdown exposure associated with Flight Centre
Ulcer Index /
Recent downward trend has increased drawdown exposure associated with Flight Centre

[BULLISH]: Flight Centre UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 6.685.

Negative ROC for Flight Centre is a leading indicator for continued price fall
Rate of Change /
Negative ROC for Flight Centre is a leading indicator for continued price fall

[BEARISH]: Flight Centre currently has negative rate of change of -6.7%. 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

Chaikin Money Flow /
CMF showing selling pressure & potential change in direction for FLT

[BEARISH]: Flight Centre current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.15. The bearish signal has been active for 2 days. During the quarter, the lowest CMF value was -0.15

See More   See more results
Advertisment
Advertisment
back to top