Technical analysis from G8 Education (GEM.AX, ASX:GEM.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

G8 Education
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G8 Education: Daily opening price is $2.35
Opening Price /
G8 Education: Daily opening price is $2.35

[BULLISH]: G8 Education opening price has gapped up. Currently, the OPEN is $2.35 (-0.8 %).

Price was difficult to move upward in recent trading on high volume causing an uptrend in price for GEM
Ease of Movement /
Price was difficult to move upward in recent trading on high volume causing an uptrend in price for GEM

[BULLISH]: G8 Education current price have moved upwards on high volume. Currently, the Ease of Movement is 0.056

Woodie Pivot Point /
Woodie pivot point for GEM is bullish. Stoploss should be positioned @$2.33

G8 Education has broken the first Woodie resistance point ($2.43) [Bullish]. Look for a long limit order entry near this point. Exit price for GEM should be set @$2.45 & Stoploss for G8 Education should be set at $2.33

Close Tod Vs Close Yest /
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 0.9x

GEM: Recent Performance ->(1) 22 Jun: 3.0% (2) 21 Jun: -0.4% (3) 20 Jun: -0.8%

Short Trend /
Daily trading again produced an Uptrend bar for G8 Education

[BULLISH]: G8 Education is in an uptrend in the short term timeframe. The buyers have dominated the daily trade, however further confirmation is required before taking a position.

Low Price /
Low for GEM has surpassed the low of the previous trading session

GEM: LOW Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BEARISH

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Triangular Moving Average /
GEM: Price has moved above the TMA(5) @$2.384

GEM: TMA Current Signal -> (1) 22 Jun: BULLISH CROSSOVER (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

This is the first day of buyer commitment for G8 Education adding strength to an uptrend in the first timeframe
Close Tod Vs Range Tod /
This is the first day of buyer commitment for G8 Education adding strength to an uptrend in the first timeframe

GEM: Close versus price range Recent Trading ->(1) 22 Jun: 83.300000000000000% (2) 21 Jun: 28.600000000000000% (3) 20 Jun: 62.500000000000000%

G8 Education: Volume MACD oscillator (319472)
MACD Volume /
G8 Education: Volume MACD oscillator (319472)

[BULLISH]: G8 Education currently has positive Volume MACD of 319472. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Williams %R /
G8 Education is no longer oversold and normal trading conditions are resumed

GEM: William %R Current Signal -> (1) 22 Jun: BEARISH CROSSUNDER (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Aroon Oscillator /
G8 Education: Aroon oscillator (-84) has confirmed a strong downtrend is present

[BEARISH]: G8 Education has a current ARO(25) of -84. This has change 0 points from yesterday.

Volume /
Volume for GEM has surpassed the volume of the previous trading session

[BULLISH]: G8 Education current volume uptrend in the first timeframe. Volume for GEM is 3.72407e+006 (10.6).

G8 Education has signalled an Average Directional Index weak trend present
Average Directional Movement /
G8 Education has signalled an Average Directional Index weak trend present

GEM: Average Directional Index Current Signal -> (1) 22 Jun: TREND WEAK (2) 21 Jun: TREND WEAK (3) 20 Jun: TREND WEAK

Weighted Moving Average(5) signal is confirmed for G8 Education indicating upward price movement is likely
Weighted Moving Average /
Weighted Moving Average(5) signal is confirmed for G8 Education indicating upward price movement is likely

[BULLISH]: G8 Education currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 3.0%.

Chaikin Money Flow /
CMF has a bearish relationship between price and volume

[BEARISH]: G8 Education current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.07. GEM received a confirmed CMF crossover days on the Jun 1 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.28 occurring on the Jun 1 2018.

Moving Average Envelope /
Envelope bands Oversold signal is still current for G8 Education [Bullish]

[BULLISH]: G8 Education current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 2.3085.

Medium Trend /
G8 Education: Downtrend for the medium term trend is continued

[BEARISH]: G8 Education has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Jun 13 2018.

G8 Education: Price level has retraced to average & is no longer oversold
Commodity Channel Index /
G8 Education: Price level has retraced to average & is no longer oversold

[NEUTRAL]: G8 Education current trading has closed out Commodity Channel Index to oversold status and signalled the initiation of normal trading conditions. Currently, the CCI is -64. The previous bullish signal was active for 0 day. During the quarter, the lowest CCI value was -267.

[Short]: Limit orders for G8 Education should be set at $0.85
Fibonacci Extensions /
[Short]: Limit orders for G8 Education should be set at $0.85

G8 Education has moved above the 161.8% level ($0.85) [Bearish]. Look for a short limit order entry near this point. Exit price for GEM should be set @$0.74 & short position stoploss for G8 Education should be set at $0.97

Ulcer index has increased as the price has fallen for G8 Education
Ulcer Index /
Ulcer index has increased as the price has fallen for G8 Education

GEM: UIC Recent Trading -> (1) 22 Jun: 7.374 (2) 21 Jun: 7.67 (3) 20 Jun: 7.73

Percentage Volume /
Volume for G8 Education continues to gain momentum @6.38)

[BULLISH]: G8 Education currently has positive PVO 6.38%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 2.6%.

Elder Ray Index /
[Bull Power]: ERI has increased for G8 Education during the last trading session

[BULLISH]: G8 Education Elder Ray Index is signalling a Bullish movementERI is 0.011 indicating bull power. Prices are being driven above the consensus of value for GEM during the last trading session [Buying Pressure]

White Opening Marubozu /
GEM Basic Candle: White Opening Marubozu

[BULLISH]: G8 Education has formed a White Opening Marubozu candlestick. This means, GEM has received strong buying confidence and upward price movement over the trading day with only a small upper shadow present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Range Tod Vs Range Yest /
G8 Education: Range Performance (-14.3)

[WEAK BEARISH]: G8 Education buyers are becoming less eager.There has been 2 consecutive days of range decrease for GEM reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.2100 & the greatest daily price range this year has been $1.3750. 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 0.2000000000000000000x.

Traders are now accumulating G8 Education
Accumulation / Distribution /
Traders are now accumulating G8 Education

[BULLISH CROSSOVER]: G8 Education current price has highlighted the commencement of accumulation and the start of bullish trading conditions. Currently, the ADLINE is 1.53977e+006.

Daily trading has confirmed the DPO(20) is bearish for G8 Education
Detrended Price Oscillator /
Daily trading has confirmed the DPO(20) is bearish for G8 Education

[BEARISH]: G8 Education currently has a confirmed downtrend. Price is currently below the displaced moving average for GEM. Currently, the return on DPO20 is 3.0%.

Elders Force Index /
Price & volume confirms buying pressure for G8 Education is likely

[BULLISH]: G8 Education current price has highlighted recent buying pressure. Currently, the Elders Force Index is 523.

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