[BEARISH]: Goodman is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
GMG: BWMF Current Signal -> (1) 16 Mar: Fake Day (2) 15 Mar: Green Day (3) 14 Mar: Fade Day
GMG: Open today versus close yesterday Current Signal ->(1) 16 Mar: BULLISH (2) 15 Mar: BEARISH WEAK (3) 14 Mar: BEARISH
Australian Stock Exchange
GMG: William %R Current Signal -> (1) 16 Mar: BEARISH CROSSOVER (2) 15 Mar: NEUTRAL (3) 14 Mar: BULLISH CROSSUNDER
GMG: VOLUME Current Signal -> (1) 16 Mar: BEARISH (2) 15 Mar: BULLISH (3) 14 Mar: BEARISH
[BEARISH]: Goodman currently has negative PVO -2.6%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 2.7%.
Goodman has broken the first DeMark resistance point ($8.4825) [Bullish]. Look for a long limit order entry near this point. Exit price for GMG should be set @$8.565 & Stoploss for Goodman should be set at $8.455
GMG: Chaikin Oscillator Current Signal -> (1) 16 Mar: BULLISH CROSSOVER (2) 15 Mar: NEUTRAL (3) 14 Mar: NEUTRAL
[BULLISH]: A short term Pivot Reversal has formed with Goodman which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 14 occurrences of this bar reversal giving a signal probability of 5.3%.
[Bearish]: Average True Range has confirmed an downtrend is present. Goodman has a TR of 0.11, and an ATR(14) of 0.131.
Goodman current pivot point (Woodie) is: $8.482. The current resistance levels are: (R1) $8.564: (R2) $8.592The current support levels are: (S1) $8.454: (S2) $8.372
[BULLISH]: Goodman buyers are currently keener than sellers and are driving the price up. This is the first day of price rise for GMG adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 1.6 & the greatest daily positive change this year has been 3.1. The longest consecutive upswing rally over the last 12 months has been 9 days giving a total rally upward movement of 7.3%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 6%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.1x. Over the last month the average daily upward movement has been 1%
[BULLISH]: Goodman currently has positive volume of change of 25%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 1.2%.
[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 7.8090.
[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 1.2%.
[BULLISH]: Goodman has a current ARO(25) of 80. This has change 0 points from yesterday.
[BEARISH CROSSOVER]: Goodman current price has driven Commodity Channel Index to become overbought signalling the start of bearish trading conditions. Currently, the CCI is 119. During the quarter, the highest CCI value was 154. The last overbought signal occurred on Mar 15 2018
[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 1.2%.
[BULLISH]: Goodman currently has positive MACD of 0.013000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 6.1%.
[BULLISH]: Goodman current price has highlighted recent buying pressure. Currently, the Elders Force Index is 12439.