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

Graincorp
+ Share

Graincorp has moved above the R1 Woodie pivot point ($8.496) [Bullish]
Woodie Pivot Point /
Graincorp has moved above the R1 Woodie pivot point ($8.496) [Bullish]

Graincorp has broken the first Woodie resistance point ($8.496) [Bullish]. Look for a long limit order entry near this point. Exit price for GNC should be set @$8.548 & Stoploss for Graincorp should be set at $8.168

Graincorp: Daily opening performance is 0.9 % [Uptrend]
Opening Price /
Graincorp: Daily opening performance is 0.9 % [Uptrend]

[BULLISH]: Graincorp opening price has gapped up. Currently, the OPEN is $8.27 (0.9 %).

Relative Strength Index /
Overbought signal for the Relative Strength Index is still current for Graincorp [OVERBOUGHT]

[BEARISH]: Graincorp is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @74.7

Accumulation / Distribution /
Accumulation still active for Graincorp

GNC: ADLINE Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: BULLISH

Average True Range /
Daily trading has confirmed an ATR uptrend (0.18) for Graincorp

[Bullish]: Average True Range has confirmed an uptrend is present. Graincorp has a TR of 0.19, and an ATR(14) of 0.18.

Bill Williams Market Facilitation /
[Green Day]: Both MFI & volume are up for Graincorp

Graincorp Currently is a confirmed Green Day. Both MFI & volume are down for GNC. Trend continuation likely for GNC from increased trading activity.

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Fibonacci Extensions /
Graincorp has broken above the 161.8% extension level ($0) [Bearish]

Graincorp has moved above the 161.8% level ($0) [Bearish]. Look for a short limit order entry near this point. Exit price for GNC should be set @$0 & short position stoploss for Graincorp should be set at $0

[Long]: Exit price for GNC should be set @$8.533
Pivot Points /
[Long]: Exit price for GNC should be set @$8.533

Graincorp current pivot point is: 8.343. The current resistance levels are: (R1) $8.466: (R2) $8.533: (R3) $8.656: The current support levels are: (S1) $8.276: (S2) $8.153: (S3) $8.086

[Bullish]: Graincorp has beaten previous trading range
Price Range /
[Bullish]: Graincorp has beaten previous trading range

[BULLISH]: Graincorp current uptrend in the first timeframe. Currently, the Range is $0.19.

Commodity Channel Index /
Continuation of the overbought CCI signal for Graincorp

GNC: CCI Current Signal ->(1) 20 Jun: BEARISH (2) 19 Jun: BEARISH (3) 18 Jun: BEARISH

Close Tod Vs Close Yest /
Buyers continue to be keener than sellers for Graincorp & are driving the price up.

[BULLISH]: Graincorpbuyers are keener than sellers and are driving the price up. There has been 4 consecutive days of price rise for GNC adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 2.7 & the greatest daily positive change this year has been 4.1. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 6.5%. This quarter, the largest upswing rally has been 5 days giving a total rally upward movement of 6.1%. 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. Over the last month the average daily upward movement has been 1.200000%

Triangular Moving Average /
Price continues to trade above the Triangular Moving Average(5) for GNC

[BULLISH]: Graincorp 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 1.8%.

GNC: Aroon oscillator has confirmed an strong uptrend @72
Aroon Oscillator /
GNC: Aroon oscillator has confirmed an strong uptrend @72

[BULLISH]: Graincorp has a current ARU(25) of 100 and a current ARD(25) of 28

Graincorp: Daily volume is 1.18671e+006 [Higher Volume]
Volume /
Graincorp: Daily volume is 1.18671e+006 [Higher Volume]

[BULLISH]: Graincorp current volume uptrend in the first timeframe. Volume for GNC is 1.18671e+006 (19.1).

Daily Volume Index /
Market conditions are indicating DVI accumulation is current for GNC

[BULLISH]: Graincorp current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 8684.

Range Tod Vs Range Yest /
The biggest price range this month for GNC has been $0.6200

GNC: Range today versus range yesterday Recent Trading -> (1) 20 Jun: 26.7% (2) 19 Jun: -6.3% (3) 18 Jun: -40.7%

Simple Moving Average /
GNC: Price continues to move above the SMA(5) @$8.176

[BULLISH]: Graincorp currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 1.8%.

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

[BEARISH]: Graincorp current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 8.4105.

Graincorp: Percentage Volume Oscillator @2.9 [Bullish]
Percentage Volume /
Graincorp: Percentage Volume Oscillator @2.9 [Bullish]

[BULLISH]: Graincorp currently has positive PVO 2.9%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 3.4%.

GNC: Over the last month there has been 8 trading  days with the closing price in the upper range giving a confirmation ratio of 61.5%.
Close Tod Vs Range Tod /
GNC: Over the last month there has been 8 trading days with the closing price in the upper range giving a confirmation ratio of 61.5%.

GNC: Close versus price range Current Signal ->(1) 20 Jun: BULLISH (2) 19 Jun: NEUTRAL (3) 18 Jun: BULLISH

Average Directional Movement /
Graincorp: ADX(20.65) has signalled a weak trend is current

[Weak Trend]: ADX for GNC has confirmed a weak trend is present. Graincorp has an ATR(14) of 0.18, a DX of 33.42 & an ADX(14) of 20.65

Coles Reaction Day /
Daily bar has closed the day with a rally day for GNC

GNC: CRD Recent Trading -> (1) 20 Jun: Coles Rally Day (2) 19 Jun: Coles Rally Day (3) 18 Jun: Coles Rally Day

Detrended Price Oscillator /
Price is currently above the displaced moving average for GNC [Bullish]

[BULLISH]: Graincorp currently has a confirmed uptrend. Price is currently above the displaced moving average for GNC. Currently, the return on DPO20 is 1.8%.

High Price /
Graincorp: Daily high price is $8.41 [Higher High]

[BULLISH]: Graincorp current uptrend in the first timeframe. Currently, the HIGH is 0.8 %.

Graincorp: MACD oscillator (0.0719)
MACD /
Graincorp: MACD oscillator (0.0719)

[BULLISH]: Graincorp currently has positive MACD of 0.0719. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 8.2%.

Overbought signal for the Stochastic Oscillator is still current for Graincorp
Stochastic Oscillator /
Overbought signal for the Stochastic Oscillator is still current for Graincorp

[BEARISH]: Graincorp is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Weighted Moving Average /
[Uptrend]: Recent trading for GNC indicates ST trend is likely to continue

[BULLISH]: Graincorp 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 1.8%.

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