[BULLISH]: FSA buyers are in control at the market close. This is the first day of buyer commitment for FSA adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 64 trading days with the closing price in the upper part of the range giving a confirmation ratio of 24.3%. Over the last month there has been 4 trading days with the closing price in the upper range giving a confirmation ratio of 26.7%. Currently this quarter, closing price has spent 4 days in the upper price range compared to 7 days in the lower range giving a ratio of 0.6x.
[BEARISH CROSSOVER]: FSA current price has driven Commodity Channel Index to become overbought signalling the start of bearish trading conditions. Currently, the CCI is 255.0000. During the quarter, the highest CCI value was 255. The last overbought signal occurred on Feb 5 2018
[BULLISH]: FSAbuyers are keener than sellers and are driving the price up. There has been 2 consecutive days of price rise for FSA adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 3.4 & the greatest daily positive change this year has been 3.4. The longest consecutive upswing rally over the last 12 months has been 3 days giving a total rally upward movement of 10.4%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 4.1%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1x. Over the last month the average daily upward movement has been 1.500000%
Australian Stock Exchange
FSA: Elders Force Index Recent Trading -> (1) 20 Apr: 20.0000 (2) 19 Apr: -104.0000 (3) 18 Apr: -113.0000
[BULLISH]: FSA current uptrend in the first timeframe. Currently, the Range is $0.0500.
[BULLISH]: FSA is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.
[BULLISH]: FSAElder Ray Index is signalling a Bullish movementERI is 0.0470 indicating bull power. Prices are being driven above the consensus of value for FSA during the last trading session [Buying Pressure]
[BEARISH]: FSA current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -30.0000.
FSA: SWMA Recent Trading -> (1) 20 Apr: 1.451 (2) 19 Apr: 1.444 (3) 18 Apr: 1.446
[Weak Trend]: ADX for FSA has confirmed a weak trend is presentFSA has an ATR(14) of 0.0260, a DX of 30.0800 & an ADX(14) of 15.6400
[BEARISH]: FSA currently has negative Volume MACD of -1542.0000. This means the signal line is less than the Volume MACD line signalling a bearish movement.
[BEARISH]: FSA UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.4310.
[BULLISH]: FSA has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 13 2018.
[BULLISH STRONG]: FSA opened in the lower part of daily range at 0.000000000000000% & closed in the upper part of the trading range at 100.000000000000000%. This suggests the buyers were in control all day. Over the last 12 months there has been 57 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 21.7%. Over the last month there has been 5 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 33.3%.
FSA has broken the first resistance point ($1.5160) [Bullish]. Look for a long limit order entry near this point. Exit price for FSA should be set @$1.5330 & Stoploss for FSA should be set between $1.4330 & $1.4160
FSA: MOM Current Signal -> (1) 20 Apr: BULLISH CROSSOVER (2) 19 Apr: BEARISH CROSSOVER (3) 18 Apr: BEARISH CROSSOVER
[BULLISH]: FSA 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 3.4%.
[BEARISH]: FSA current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.2100. FSA received a confirmed CMF crossover days on the Feb 5 2018.The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.43 occurring on the Feb 5 2018.
[BEARISH]: FSA 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 3.4%.
[BULLISH]: FSA has a current ARU(25) of 100.0000 and a current ARD(25) of 68.0000
FSA current pivot point (Woodie) is: $1.4880. The current resistance levels are: (R1) $1.5260: (R2) $1.5380The current support levels are: (S1) $1.4760: (S2) $1.4380