GMG | Australian Securities Exchange

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

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

Volume rate of change(14) is increasing for Goodman
Volume Rate of Change /
Volume rate of change(14) is increasing for Goodman

[BULLISH]: Goodman currently has positive volume of change of 83%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 4.2%.

Gap Up /
A short term Gap Up has formed with Goodman

[BEARISH]: A short term Gap Up has formed with Goodman which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 1 occurrences of this bar reversal giving a signal probability of 0.4%.

Coles Reaction Day /
Goodman : Coles Rally Day has been confirmed

Goodman : Coles Rally Day has been confirmed A higher high has been achieved for last trading day for GMG

Ulcer Index /
Ulcer index has reduced in stress level for GMG & low drawdown is expected

[BEARISH]: Goodman UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.627.

Exponential Moving Average /
[Bullish]: EMA(15) is serving as a support line for Goodman

GMG: EMA(15) Current Signal -> (1) 07 Dec: BULLISH (2) 06 Dec: BULLISH CROSSOVER (3) 05 Dec: BEARISH

14-day rate of change is increasing for Goodman
Rate of Change /
14-day rate of change is increasing for Goodman

[BULLISH]: Goodman currently has positive rate of change of 6.099%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

White Candle /
GMG Basic Candle: White

[BULLISH]: Goodman has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

OBV: Distribution still active for Goodman
On Balance Volume /
OBV: Distribution still active for Goodman

[BEARISH]: Goodman current price has highlighted recent distribution. Currently, the OBV is -861954.

GMG: Over the last month there has been 2 trading  days with the closing price in the upper range giving a confirmation ratio of 40%.
Close Tod Vs Range Tod /
GMG: Over the last month there has been 2 trading days with the closing price in the upper range giving a confirmation ratio of 40%.

GMG: Close versus price range Current Signal ->(1) 07 Dec: BULLISH (2) 06 Dec: BULLISH (3) 05 Dec: BEARISH

Momentum /
14-day momentum is increasing for Goodman

[BULLISH]: Goodman currently has positive momentum of 0.63. This means the current price is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 4.2%. The largest upward momentum rally for the last 3 months is 2 days producing a return of 4.2%.

Range Tod Vs Range Yest /
Expanding price range for GMG signalling buyers continue to be more eager

[BULLISH]: Goodman buyers are increasingly eager. There has been 2 consecutive days of range increase for GMG adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.7700 & the greatest daily price range this year has been $3.4300. The price range ratio this week versus the quarterly price range is 1x & the price range ratio this month versus the year to date price range is 0.2x.

Triangular Moving Average /
Triangular Moving Average(15) signal continues for Goodman indicating upward price movement is likely

[BULLISH]: Goodman currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 4.2%.

Goodman : Percentage Volume Oscillator @15.91 [Bullish]
Percentage Volume /
Goodman : Percentage Volume Oscillator @15.91 [Bullish]

GMG: PVO Current Signal -> (1) 07 Dec: BULLISH (2) 06 Dec: BULLISH (3) 05 Dec: BULLISH

Goodman : Uptrend for the medium term trend is continued
Tricklar Trend /
Goodman : Uptrend for the medium term trend is continued

[BULLISH]: Goodman has a Tricklar uptrend confirmation. This was confirmed through a price breakout on the Dec 5 2018.

Percentage Price /
Goodman currently has positive PPO 0.571

[BULLISH]: Goodman currently has positive PPO 0.571%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Weighted Moving Average /
Weighted Moving Average(15) signal continues for Goodman indicating upward price movement is likely

[BULLISH]: Goodman currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 4.2%.

Short Trend /
Goodman : Daily Uptrend remains intact

GMG: Daily Trend Current Signal -> (1) 07 Dec: BULLISH (2) 06 Dec: BULLISH (3) 05 Dec: BEARISH CONFIRM

Traders are currently Distributing GMG.AX
Accumulation / Distribution /
Traders are currently Distributing GMG.AX

[BEARISH]: Goodman (ASX:GMG) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -603829.

Recent trading highlights initial buying pressure is present for GMG
Elders Force Index /
Recent trading highlights initial buying pressure is present for GMG

GMG: Elders Force Index Current Signal -> (1) 07 Dec: BULLISH CROSSOVER (2) 06 Dec: BEARISH (3) 05 Dec: BEARISH

Negative momentum on the MACD histogram for GMG is maintained & supports a bearish move is likely
MACD /
Negative momentum on the MACD histogram for GMG is maintained & supports a bearish move is likely

[BEARISH]: Goodman currently has negative MACD of -0.0053. This means the signal line is less than the MACD line signalling a bearish movement.

Detrended Price Oscillator /
DPO for GMG has confirmed price is currently above the displaced moving average

[BULLISH]: Goodman currently has a confirmed uptrend. Price is currently above the displaced moving average for GMG. Currently, the return on DPO20 is 4.2%.

Simple Moving Average /
[Bullish]: SMA(15) is serving as a support line for Goodman

[BULLISH]: Goodman currently has a confirmed uptrend. Recent trading has caused the SMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 4.2%.

Pivot Points /
Goodman : Pivot Point ($10.862)

Goodman current pivot point is: 10.862. The current resistance levels are: (R2) $11.237: (R2) $11.237: (R3) $11.474: The current support levels are: (S1) $10.724: (S2) $10.487: (S3) $10.349

Supertrend /
GMG: Supertrend has confirmed an uptrend @10.2175

[BULLISH]: Goodman has a current Supertrend of 10.2175. This has change 0 points from yesterday.

Goodman : Open Window
Two White Soldiers /
Goodman : Open Window

[BULLISH]: Goodman has Gapped Up on previous bar.

Goodman : 0.618 Fibonacci Retraction (9.68)
Fibonacci Retracements /
Goodman : 0.618 Fibonacci Retraction (9.68)

Goodman : The current Fibonacci Retraction levels are: (23.61%) $10.81: (38.2%) $9.87: (50%) $9.78: (61.8%) $9.68The current support levels are: (78.6%) $9.54: (100%) $9.37: (138.2%) $9.06: (161.8%) $8.87: (261.8%) $8.05: (423.61%) $6.73

Commodity Channel Index /
Price extreme for CCI confirms signal reversal for Goodman

[BEARISH CROSSOVER]: Goodman (ASX:GMG) current price has driven Commodity Channel Index to become overbought signalling the start of bearish trading conditions. Currently, the CCI is 160. During the quarter, the highest CCI value was 169. The last overbought signal occurred on Nov 29 2018

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