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

Gold Company
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Gold Company currently has negative momentum of -0.006
Momentum /
Gold Company currently has negative momentum of -0.006

GGG: MOM Recent Trading -> (1) 20 Jun: -0.006 (2) 19 Jun: -0.003 (3) 18 Jun: -0.001

Recent trading for Gold Company has opened -5.2 % lower than previous session
Opening Price /
Recent trading for Gold Company has opened -5.2 % lower than previous session

[BEARISH]: Gold Company opening price has gapped down. Currently, the OPEN is $0.073 (-5.2 %).

Demarks Pivot Points /
Gold Company has moved below the S1 DeMark pivot point ($0.0713) [Bearish]

Gold Company has broken the first DeMark support point ($0.0713) [Bearish]. Look for a short limit order entry near this point. Exit price for GGG should be set @$0.0700 & short position stoploss for Gold Company should be set at $0.073

On Balance Volume /
Gold Company: Confirmation of stock distribution

[BEARISH]: Gold Company current price has highlighted recent distribution. Currently, the OBV is -1.03294e+008.

Ulcer Index /
Drawdown for Gold Company is currently high signalling high stress

[BULLISH]: Gold Company UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 9.916.

Rate of Change /
14-day rate of change is decreasing for Gold Company

[BEARISH]: Gold Company currently has negative rate of change of -12.346%. 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

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Percentage Volume /
Percentage volume oscillator remains negative for GGG

GGG: PVO Current Signal -> (1) 20 Jun: BEARISH (2) 19 Jun: BEARISH CROSSOVER (3) 18 Jun: BEARISH CROSSOVER

GGG Basic Candle: Black
Black Candle /
GGG Basic Candle: Black

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

Gold Company: MACD @-0.0008 [Bearish]
MACD /
Gold Company: MACD @-0.0008 [Bearish]

[BEARISH]: Gold Company currently has negative MACD of -0.0008. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -8%.

Woodie Pivot Point /
Gold Company has broken the first Woodie support point ($0.069) [Bearish]

Gold Company has broken the first Woodie support point ($0.069) [Bearish]. Look for a short limit order entry near this point. Exit price for GGG should be set @$0.068 & short position stoploss for Gold Company should be set at $0.074

Elder Ray Index /
Selling pressure for GGG highlights ability of sellers to drive the price downwards

[BEARISH]: Gold Company Elder Ray Index is signalling a Bearish movementERI is -0.007 indicating bear power. Prices are being driven below the consensus of value for GGG during the last trading session [Selling Pressure]

Close Tod Vs Close Yest /
Over the last month the average daily loss ratio has been -2.400000%

[BEARISH]: Gold Companysellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for GGG adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -4.1 & the greatest daily negative change this year has been -7.0. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -19.6%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -9.1%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.8x. Over the last month the average daily downward movement has been -2.400000%

[Downtrend]: Recent trading for GGG indicates ST trend is likely to continue
Triangular Moving Average /
[Downtrend]: Recent trading for GGG indicates ST trend is likely to continue

[BEARISH]: Gold Company 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 -4.1%.

GGG has achieved a new high of 5.7949e+006 (78.3)
Volume /
GGG has achieved a new high of 5.7949e+006 (78.3)

GGG: VOLUME Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: BEARISH

Aroon Oscillator /
Aroon oscillator for Gold Company has signalled a strong downtrend is active

[BEARISH]: Gold Company has a current ARU(25) of 16 and a current ARD(25) of 100

Sine Weighted Moving Average /
[Bearish]: SWMA(5) is serving as a resistance line for Gold Company

[BEARISH]: Gold Company 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 -4.1%.

Chaikin Money Flow /
Gold Company continues negative divergence & potential shift in direction

GGG: Chaikin Oscillator Current Signal -> (1) 20 Jun: BEARISH (2) 19 Jun: BEARISH (3) 18 Jun: BEARISH

Gold Company: Volume MACD oscillator (-889496)
MACD Volume /
Gold Company: Volume MACD oscillator (-889496)

[BEARISH]: Gold Company currently has negative Volume MACD of -889496. This means the signal line is less than the Volume MACD line signalling a bearish movement.

DPO(20) for Gold Company has confirmed bearish direction is likely to continue
Detrended Price Oscillator /
DPO(20) for Gold Company has confirmed bearish direction is likely to continue

[BEARISH]: Gold Company currently has a confirmed downtrend. Price is currently below the displaced moving average for GGG. Currently, the return on DPO20 is -4.1%.

Average Directional Index for Gold Company has signalled a weak trend is active
Average Directional Movement /
Average Directional Index for Gold Company has signalled a weak trend is active

[Weak Trend]: ADX for GGG has confirmed a weak trend is present. Gold Company has an ATR(14) of 0.007, a DX of 23.7 & an ADX(14) of 13.93

Open Tod Vs Close Tod /
GGG: Over the last 12 months there has been 25 trading days with the opening price in the upper shadow & the closing the price in the middle shadow

[BEARISH WEAK]: Gold Company opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 33.3%. This suggests the sellers have lost commitment. Over the last 12 months there has been 25 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 9.5%. Over the last month there has been 4 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 30.8%.

Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for Gold Company

GGG: EMA(5) Current Signal -> (1) 20 Jun: BEARISH (2) 19 Jun: BEARISH (3) 18 Jun: BEARISH

Volume Rate of Change /
Gold Company currently has positive volume rate of change for 1000

[BULLISH]: Gold Company currently has positive volume of change of 1000%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -4.1%.

Closed Window /
Gold Company: Closed Window

GGG: Continuation Candlestick Current Signal -> (1) 20 Jun: BEARISH (2) 19 Jun: NEUTRAL (3) 18 Jun: NEUTRAL

PPO has negative momentum signalling a continuation of downward price fall for GGG
Percentage Price /
PPO has negative momentum signalling a continuation of downward price fall for GGG

[BEARISH]: Gold Company currently has negative PPO -3.605%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Relative Strength oversold signal had been maintained for Gold Company
Relative Strength Index /
Relative Strength oversold signal had been maintained for Gold Company

[BULLISH]: Gold Company is currently Oversold highlighting the potential for a short term trend reversal in the upward direction. RSI is currently oversold @16.5

Low Price /
Weaker price performance from GGG has seen a lower low of -5.4 % [Downtrend]

[BULLISH]: Gold Company current downtrend in the first timeframe. Currently, the Low is $0.07 (-5.4 %).

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