Graincorp current pivot point (DeMark) is: (R1) $8.895. The current pivot point (DeMark) is: (S1) $8.805.
GNC: EOM Current Signal -> (1) 19 Apr: BULLISH HARD (2) 18 Apr: BEARISH HARD (3) 17 Apr: BULLISH HARD
[BEARISH]: Graincorp opening price has gapped down. Currently, the OPEN is $8.8 (0.2000000000000000 %).
GNC: ADLINE Current Signal -> (1) 19 Apr: BULLISH (2) 18 Apr: BULLISH (3) 17 Apr: BULLISH
GNC: Recent performance signals ->(1) 19 Apr: BULLISH (2) 18 Apr: BULLISH (3) 17 Apr: NEUTRAL
Australian Stock Exchange
[BULLISH CROSSOVER]: Graincorp currently has positive Volume MACD of 22558. This means the signal line is greater than the Volume MACD line signalling a bullish movement.
GNC: Medium Term Recent Trading -> (1) 19 Apr: Uptrend (2) 18 Apr: Uptrend (3) 17 Apr: Uptrend
[BULLISH]: Graincorp currently has positive rate of change of 4.1%. 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
[BEARISH]: Graincorp is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
GNC: MFI Current Signal -> (1) 19 Apr: BULLISH (2) 18 Apr: BULLISH (3) 17 Apr: BULLISH
[BEARISH]: Graincorp current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 125. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 152.
[BULLISH]: Graincorpbuyers are increasingly eager. This is the first day buyers have increased eagerness for GNC adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.52. & the greatest daily price range this year has been $1.71. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.3x.
[BULLISH]: Graincorp current price has highlighted recent buying pressure. Currently, the Elders Force Index is 34001.
[Bearish]: Average True Range has confirmed an downtrend is present. Graincorp has a TR of 0.09, and an ATR(14) of 0.131.
Graincorp current pivot point is: 8.83. The current resistance levels are: (R1) $8.87: (R2) $8.92: (R3) $8.96: The current support levels are: (S1) $8.78: (S2) $8.74: (S3) $8.69
[BULLISH]: Graincorp is in an uptrend in the short term timeframe. The buyers have dominated the daily trade, however further confirmation is required before taking a position.
Graincorp has broken the first Woodie resistance point ($8.866) [Bullish]. Look for a long limit order entry near this point. Exit price for GNC should be set @$8.918 & Stoploss for Graincorp should be set at $8.738
[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 0.1%.
GNC: SWMA Current Signal -> (1) 19 Apr: BEARISH (2) 18 Apr: BEARISH (3) 17 Apr: BEARISH
[BULLISH WEAK]: Graincorp opened in the lower part of daily range at 11.1% & closed in the middle part of the trading range at 33.3%. This suggests the buyers have lost commitment. Over the last 12 months there has been 27 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 10.3%. Over the last month there has been 3 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 21.4%.
[BEARISH]: Graincorp is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @87.1445
[BULLISH]: Graincorp currently has positive PPO 2.100%. This means the current price is gaining momentum through a rise on the short term exponential moving average.