[BULLISH]: GreenrossElder Ray Index is signalling a Bullish movementERI is 0.07 indicating bull power. Prices are being driven above the consensus of value for GXL during the last trading session [Buying Pressure]
GXL: William %R Current Signal -> (1) 21 Feb: BEARISH CROSSUNDER (2) 20 Feb: BULLISH CROSSOVER (3) 19 Feb: BULLISH CROSSUNDER
GXL: SWMA Current Signal -> (1) 21 Feb: BEARISH (2) 20 Feb: BULLISH (3) 19 Feb: BEARISH
[BULLISH]: A short term Hook Reversal has formed with Greenross which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 2 occurrences of this bar reversal giving a signal probability of 0.8%.
[BEARISH]: Greenross currently has a confirmed downtrend. Price is currently below the displaced moving average for GXLCurrently, the return on DPO20 is 3%.
[BULLISH CROSSOVER]: Greenross currently has positive momentum of 0.04. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 3%. The largest upward momentum rally for the last 3 months is 1 days producing a return of 0%%.
Australian Stock Exchange
[BULLISH]: Greenross 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 3%.
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.
GXL: Stochastic Oscillator Signal -> (1) 21 Feb: BULLISH CROSSUNDER (2) 20 Feb: BEARISH CROSSOVER (3) 19 Feb: BEARISH CROSSUNDER
[BEARISH]: Greenross current price has highlighted recent distribution. Currently, the OBV is -896667.
Greenross current pivot point (Woodie) is: $6.072. The current resistance levels are: (R1) $6.224: (R2) $6.322The current support levels are: (S1) $5.974: (S2) $5.822
GXL: MACD Recent Trading -> (1) 21 Feb: -0.020800 (2) 20 Feb: -0.034600 (3) 19 Feb: -0.031200
GXL: PVO Recent Trading -> (1) 21 Feb: -0.87 (2) 20 Feb: 0.2 (3) 19 Feb: -4.48
GXL: Close versus price range Current Signal ->(1) 21 Feb: BULLISH (2) 20 Feb: BEARISH (3) 19 Feb: BULLISH
[BEARISH]: Greenross current downtrend in the first timeframe. Currently, the Range is $0.25.
[BULLISH WEAK]: Greenross has formed a Short White candlestick. This means, GXL has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.
[BEARISH]: Greenross has a current ARO(25) of -12. This has change 0 points from yesterday.
[BEARISH]: Greenross currently has negative Volume MACD of -23219. This means the signal line is less than the Volume MACD line signalling a bearish movement.
[BULLISH STRONG]: Greenross opened in the lower part of daily range at 24% & closed in the upper part of the trading range at 72%. This suggests the buyers were in control all day. Over the last 12 months there has been 57 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 22.2%. Over the last month there has been 4 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 28.6%.
[BULLISH]: Greenross opening price has gapped up. Currently, the OPEN is $5.98 (-3.1 %).
Greenross has moved above the 161.8% level ($0.21) [Bearish]. Look for a short limit order entry near this point. Exit price for GXL should be set @$0.35 & short position stoploss for Greenross should be set at $0.07
[BULLISH CROSSOVER]: Greenross current price has highlighted the commencement of accumulation and the start of bullish trading conditions.
[BULLISH]: Greenross current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 5.8900.
[BULLISH]: Greenross UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.15.
[BEARISH]: Greenross currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 3%.