GNC: EMA(5) Current Signal -> (1) 16 Feb: BEARISH (2) 15 Feb: BEARISH (3) 14 Feb: BEARISH
GNC: VOLUME Current Signal -> (1) 16 Feb: BEARISH (2) 15 Feb: BULLISH (3) 14 Feb: BEARISH
[BEARISH]: Graincorp has formed a Short Black candlestick. This means, GNC has limited price movement derived from weak selling pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.
[BEARISH]: Graincorpsellers are keener than buyers and are driving the price down. This is the first day of price decline for GNC adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -2.8 & the greatest daily negative change this year has been -2.8. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -7.3%. This quarter, the largest downswing rally has been 4 days giving a total rally downward movement of -5.7%. 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 0.8x. Over the last month the average daily downward movement has been -1.4%
Australian Stock Exchange
Argo Investments managing director Jason Beddow said losses and writedowns at Bunnings' two-year-old home improvement business in the UK could dent Wesfarmers' appetite for acquisitions, especially offshore, forcing the conglomerate to focus on the low-growth Australian market.
[BEARISH]: Graincorp current downtrend in the first timeframe. Currently, the Close is $7.56.
[BULLISH]: Graincorp 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%.
GNC: Open today versus close yesterday Current Signal ->(1) 16 Feb: BULLISH (2) 15 Feb: BULLISH STRONG (3) 14 Feb: BULLISH STRONG
GNC: PPO Current Signal -> (1) 16 Feb: BEARISH (2) 15 Feb: BEARISH (3) 14 Feb: BEARISH
[BEARISH]: Graincorp has a current ARO(25) of -88. This has change 8 points from yesterday.
Graincorp has broken the first Woodie support point ($7.444) [Bearish]. Look for a short limit order entry near this point. Exit price for GNC should be set @$7.287 & short position stoploss for Graincorp should be set at $7.747
Graincorp has broken the first DeMark resistance point ($7.4675) [Bullish]. Look for a long limit order entry near this point. Exit price for GNC should be set @$7.575 & Stoploss for Graincorp should be set at $7.345
[BULLISH]: Graincorp current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 7.2390.
[BULLISH]: Graincorp currently has positive volume of change of 87%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -1%.
[BULLISH]: Graincorp currently has positive momentum of 0.24. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -1%. The largest upward momentum rally for the last 3 months is 2 days producing a return of 0%%.
[BULLISH]: Graincorp currently has positive Volume MACD of 54739. This means the signal line is greater than the Volume MACD line signalling a bullish movement.
[BEARISH]: Graincorp opening price has gapped down. Currently, the OPEN is $7.57 (4 %).
[BULLISH]: Graincorp current price has highlighted recent buying pressure. Currently, the Elders Force Index is 77308.
[BULLISH CROSSOVER]: Graincorp current price has highlighted recent buying pressure and the start of a bullish trading conditions. Currently, the CMF is 0.07. During the quarter, the highest CMF value was 0.14
[BULLISH]: GraincorpElder Ray Index is signalling a Bullish movementERI is 0.133 indicating bull power. Prices are being driven above the consensus of value for GNC during the last trading session [Buying Pressure]
[BULLISH]: Graincorp current price have moved upwards on high volume. Currently, the Ease of Movement is 0.736