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

Goodman
+ Share

Goodman : Daily low price is $9.6 [Lower Low]
Low Price /
Goodman : Daily low price is $9.6 [Lower Low]

[BEARISH]: Goodman current uptrend in the first timeframe. Currently, the Low is $9.6 (0.5 %).

Goodman : Daily opening performance is 1.4 % [Downntrend]
Opening Price /
Goodman : Daily opening performance is 1.4 % [Downntrend]

[BEARISH]: Goodman opening price has gapped down. Currently, the OPEN is $9.72 (1.4 %).

Long Trend /
Daily trading has maintained an Uptrend long term trend for Goodman

[BULLISH]: Goodman has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 15 2018.

Elder Ray Index /
Buying pressure for GMG highlights ability of buyers to drive the price upwards

[BULLISH]: Goodman Elder Ray Index is signalling a Bullish movementERI is 0.26 indicating bull power. Prices are being driven above the consensus of value for GMG during the last trading session [Buying Pressure]

Elders Force Index /
Elders Force Index (267253) has signalled buying pressure has continued for GMG

[BULLISH]: Goodman current price has highlighted recent buying pressure. Currently, the Elders Force Index is 267253.

Triangular Moving Average /
Triangular Moving Average(5) signal continues for Goodman indicating upward price movement is likely

[BULLISH]: Goodman 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 -0.4%.

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Aroon Oscillator /
Goodman : Aroon oscillator (84) has confirmed a strong uptrend is present

[BULLISH]: Goodman has a current ARU(25) of 96 and a current ARD(25) of 12

CMF has positive divergence between price and volume
Chaikin Money Flow /
CMF has positive divergence between price and volume

GMG: Chaikin Oscillator Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

The Volume MACD continues to fall below the signal line for GMG [Bearish]
MACD Volume /
The Volume MACD continues to fall below the signal line for GMG [Bearish]

[BEARISH]: Goodman currently has negative Volume MACD of -260928. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Medium Trend /
Second timeframe trend of Goodman remains as an Uptrend

[BULLISH]: Goodman has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 14 2018.

Average Directional Movement /
[Strong Trend]: Average Directional Index (37.77) strong trend has been confirmed for GMG

[Trend]: ADX for GMG has confirmed a strong trend is present. Goodman has an ATR(14) of 0.164, a DX of 53.12 & an ADX(14) of 37.77

Closing Price /
Close for GMG has not surpassed the close of the previous trading session

[BEARISH]: Goodman current downtrend in the first timeframe. Currently, the Close is $9.71.

Goodman : Volume rate of Change (14) Crossover
Volume Rate of Change /
Goodman : Volume rate of Change (14) Crossover

GMG: VROC Current Signal -> (1) 19 Jun: BEARISH CROSSOVER (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Price continues to trade above the Exponential Moving Average(5) for GMG
Exponential Moving Average /
Price continues to trade above the Exponential Moving Average(5) for GMG

[BULLISH]: Goodman currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.4%.

Sine Weighted Moving Average /
Goodman is in a short term uptrend with the closing price @$9.71

[BULLISH]: Goodman currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.4%.

Bear Harami /
Goodman : Bear Harami

[BEARISH]: Goodman has formed a new Bear Harami reversal pattern.

Daily Volume Index /
GMG: Current trading activity signals DVI accumulation is active

[BULLISH]: Goodman current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 17955.

Positive momentum on the MACD histogram for GMG is maintained & supports a bullish move is likely
MACD /
Positive momentum on the MACD histogram for GMG is maintained & supports a bullish move is likely

[BULLISH]: Goodman currently has positive MACD of 0.0112. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -0.4%.

5-day momentum is increasing for Goodman
Momentum /
5-day momentum is increasing for Goodman

[BULLISH]: Goodman currently has positive momentum of 0.26. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -0.4%. The largest upward momentum rally for the last 3 months is 16 days producing a return of 6.3%.

Goodman : Price Percentage Oscillator
Percentage Price /
Goodman : Price Percentage Oscillator

[BULLISH]: Goodman currently has positive PPO 1.64%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Detrended Price Oscillator /
Detrended Price for GMG has signalled bullish price movements are likely

GMG: DPO Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Short Black Candle /
GMG Basic Candle: Short Black

GMG: Basic Candlestick Current Signal -> (1) 19 Jun: BEARISH WEAK (2) 18 Jun: BULLISH (3) 15 Jun: BEARISH

Close Tod Vs Close Yest /
Goodman : Share price fall (-0.4% signals sellers are now keener than buyers

[BEARISH]: Goodman sellers are keener than buyers and are driving the price down. This is the first day of price decline for GMG adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.9 & the greatest daily negative change this year has been -2.7. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -5.3%. This quarter, the largest downswing rally has been 4 days giving a total rally downward movement of -2.7%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1x. Over the last month the average daily downward movement has been -0.500000%

Percentage Volume /
Percentage volume oscillator remains positive for GMG

[BULLISH]: Goodman currently has positive PVO 1.12%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 1.7%.

GMG has achieved a lower volume of 3.82062e+006 (-14.3)
Volume /
GMG has achieved a lower volume of 3.82062e+006 (-14.3)

[BEARISH]: Goodman current volume downtrend in the first timeframe. Volume for GMG is 3.82062e+006 (-14.3).

Price moved on high volume to close higher for the day for GMG [Difficult to Move]
Ease of Movement /
Price moved on high volume to close higher for the day for GMG [Difficult to Move]

GMG: EOM Current Signal -> (1) 19 Jun: BULLISH HARD (2) 18 Jun: BULLISH HARD (3) 15 Jun: BULLISH HARD

Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Goodman

[BULLISH]: Goodman current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 8.892.

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