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

Insurance Australia
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Price moved on high volume to close lower for the day for IAG [Difficult to Move]
Ease of Movement /
Price moved on high volume to close lower for the day for IAG [Difficult to Move]

[BEARISH]: Insurance Australia current price have moved downwards on high volume. Currently, the Ease of Movement is -0.054

Closing price for IAG ($7.17) signals sellers are still keener than buyers
Close Tod Vs Close Yest /
Closing price for IAG ($7.17) signals sellers are still keener than buyers

[BEARISH]: Insurance Australia sellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for IAG adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -0.6 & the greatest daily negative change this year has been -0.6. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -8%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -0.7%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -0.2%

Relative Strength Index /
Relative Strength overbought signal had been cancelled for Insurance Australia

IAG: RSI Current Signal -> (1) 11 Jan: BEARISH CROSSUNDER (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH

Camarilla Pivot Points /
[Long]: Limit orders for Insurance Australia should be set at $7.768

Insurance Australia has broken the first Camarilla resistance point ($7.768) [Bullish]. Look for a long limit order entry near this point. Exit price for IAG should be set @$8.365 & Stoploss for Insurance Australia should be set between $5.975 & $5.377

Percentage Volume /
Insurance Australia : Percentage Volume Oscillator (-15.7)

IAG: PVO Current Signal -> (1) 11 Jan: BEARISH (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: BEARISH CROSSOVER

Long Trend /
Daily bar has maintained 3rd timeframe Uptrend for IAG

[BULLISH]: Insurance Australia has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Oct 9 2017.

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On Balance Volume /
OBV: Accumulation still active for Insurance Australia

[BULLISH]: Insurance Australia current price has highlighted recent accumulation. Currently, the OBV is 2.34279e+006.

IAG: SWMA(15) has moved above the SWMA(30) @$7.232
Sine Weighted Moving Average /
IAG: SWMA(15) has moved above the SWMA(30) @$7.232

[BEARISH]: Insurance Australia currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.3%.

Oversold signal continues for Insurance Australia  indicating upward price movement is likely
Moving Average Envelope /
Oversold signal continues for Insurance Australia indicating upward price movement is likely

[BULLISH]: Insurance Australia current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 6.8590.

Accumulation / Distribution /
Accumulation still active for Insurance Australia

[BULLISH]: Insurance Australia current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Exponential Moving Average /
Insurance Australia : EMA(15) $7.21575 is above the EMA(30) @$7.18372

[BEARISH]: Insurance Australia currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.3%.

Momentum /
Insurance Australia : Momentum(5) Crossover

[BEARISH CROSSOVER]: Insurance Australia currently has negative momentum of -0.04 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.3%.The largest downward momentum rally for the last 3 months is 1 days producing a return of -0.7%%.

Insurance Australia : DVI(148)
Daily Volume Index /
Insurance Australia : DVI(148)

IAG: DVI Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

Woodie Pivot Point /
Woodie pivot point for IAG is bullish. Stoploss should be positioned @$7.126

Insurance Australia current pivot point (Woodie) is: $7.171. The current resistance levels are: (R1) $7.192: (R2) $7.216The current support levels are: (S1) $7.147: (S2) $7.126

Elders Force Index /
Insurance Australia : Direction, extent & volume have decreased in recent trading [Selling Pressure]

[BEARISH]: Insurance Australia current price has highlighted recent selling pressure. Currently, the Elders Force Index is -35829.

Detrended Price Oscillator /
Price is now below the displaced moving average for IAG [Bearish]

[BEARISH]: Insurance Australia currently has a confirmed downtrend. Price is currently below the displaced moving average for IAGCurrently, the return on DPO20 is -0.3%.

Positive momentum on the volume MACD histogram for IAG is maintained & supports a bullish move is likely
MACD Volume /
Positive momentum on the volume MACD histogram for IAG is maintained & supports a bullish move is likely

IAG: Volume MACD Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH (3) 11 Jan: BEARISH CROSSOVER

PPO: The shorter moving average for IAGis still above the longer term moving average
Percentage Price /
PPO: The shorter moving average for IAGis still above the longer term moving average

[BULLISH]: Insurance Australia currently has positive PPO 0.200%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Insurance Australia : Elder Ray Index is -0.061 [Bearish]
Elder Ray Index /
Insurance Australia : Elder Ray Index is -0.061 [Bearish]

IAG: Elder Ray Index Current Signal -> (1) 11 Jan: BEARISH (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

Closing Price /
Insurance Australia : Daily performance is -0.3 % [Downtrend]

[BEARISH]: Insurance Australia current downtrend in the first timeframe. Currently, the Close is $7.17.

Rate of Change /
Negative ROC confirmation for IAG is a leading indicator for continued price fall

[BEARISH CROSSOVER]: Insurance Australia currently has negative rate of change of -1.5%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Volume Rate of Change /
14-day volume rate of change is decreasing for Insurance Australia

[BEARISH]: Insurance Australia currently has negative rate of change of -41%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -0.3%.

Medium Trend /
Insurance Australia : Medium term trend (Uptrend)

[BULLISH]: Insurance Australia has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jan 3 2018.

Price volatility is low for IAG based on the lower price range ($0.045) [Downtrend]
Price Range /
Price volatility is low for IAG based on the lower price range ($0.045) [Downtrend]

[BEARISH]: Insurance Australia current downtrend in the first timeframe. Currently, the Range is $0.045.

[Bearish]: WMA(5) is serving as a resistance line for Insurance Australia
Weighted Moving Average /
[Bearish]: WMA(5) is serving as a resistance line for Insurance Australia

[BEARISH]: Insurance Australia currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.3%.

Aroon Oscillator /
Insurance Australia : Aroon oscillator (24) has confirmed an uptrend is present

[BULLISH]: Insurance Australia has a current ARU(25) of 32 and a current ARD(25) of 8

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