Australian Securities Exchange

Independence
+ Share

Volume rate of change(14) is now decreasing for Independence
Volume Rate of Change /
Volume rate of change(14) is now decreasing for Independence

IGO: VROC Recent Trading -> (1) 14 Aug: -4.0000 (2) 13 Aug: 41.0000 (3) 10 Aug: 15.0000

[Downtrend]: Recent trading for IGO indicates ST trend is likely to continue
Triangular Moving Average /
[Downtrend]: Recent trading for IGO indicates ST trend is likely to continue

[BEARISH]: Independence currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.0%.

Medium Trend /
Independence: 2nd timeframe trend Downtrend remains intact

IGO: Medium Term Current Signal -> (1) 14 Aug: BEARISH (2) 13 Aug: BEARISH (3) 10 Aug: BEARISH CONFIRM

On Balance Volume /
OBV: Distribution still active for Independence

[BEARISH]: Independence current price has highlighted recent distribution. Currently, the OBV is -4.1044e+007.

Percentage Volume /
Independence: Percentage Volume Oscillator (4.45)

[BULLISH]: Independence currently has positive PVO 4.45%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -5.6%.

Demarks Pivot Points /
Independence has moved above the R1 DeMark pivot point ($4.24) [Bullish]

Independence has broken the first DeMark resistance point ($4.2400) [Bullish]. Look for a long limit order entry near this point. Exit price for IGO should be set @$4.28 & Stoploss for Independence should be set at $4.14

Independence: Bull Harami
Bull Harami /
Independence: Bull Harami

IGO: Reversal (Weak) Candlestick Current Signal -> (1) 14 Aug: BULLISH (2) 13 Aug: NEUTRAL (3) 10 Aug: NEUTRAL

Long Trend /
IGO: Long term trend is still an Uptrend

[BULLISH]: Independence is in an uptrend in the medium term timeframe. The current rally number is 3 & the highest rally count for the LTM is 3. The highest rally for the month is 10

The WMA trend following signal is still current for Independence [Bearish]
Weighted Moving Average /
The WMA trend following signal is still current for Independence [Bearish]

IGO: WMA Recent Trading -> (1) 14 Aug: 4.2810 (2) 13 Aug: 4.3180 (3) 10 Aug: 4.3610

IGO Basic Candle: Black
Black Candle /
IGO Basic Candle: Black

[BEARISH]: Independence has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Average Directional Movement /
Daily bar has confirmed has confirmed an ADX a strong trend is intact for IGO

[Trend]: ADX for IGO has confirmed a strong trend is present. Independence has an ATR(14) of 0.153, a DX of 41.36 & an ADX(14) of 26.78

Fibonacci Extensions /
[Long]: Entry price for IGO should be set @$11.06

Independence has moved below the 161.8% level ($11.06) [Bullish]. Look for a long limit order entry near this point. Exit price for IGO should be set @$10.14 & Stoploss for Independence should be set at $11.98

Pivot Points /
[Long]: Limit orders for Independence should be set at $4.306

Independence has broken the first resistance point ($4.306) [Bullish]. Look for a long limit order entry near this point. Exit price for IGO should be set @$4.393 & Stoploss for Independence should be set between $4.113 & $4.026

Price was difficult to move downward in recent trading on high volume causing an downtrend in price for IGO
Ease of Movement /
Price was difficult to move downward in recent trading on high volume causing an downtrend in price for IGO

[BEARISH]: Independence current price have moved downwards on high volume. Currently, the Ease of Movement is -0.079

William %R for IGO is still below the oversold limit signalling a bullish movement
Williams %R /
William %R for IGO is still below the oversold limit signalling a bullish movement

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

Detrended Price Oscillator /
Bearish trading conditions for Independence has been signalled from the DPO (-0.628)

[BEARISH]: Independence currently has a confirmed downtrend. Price is currently below the displaced moving average for IGO. Currently, the return on DPO20 is 0.0%.

Aroon Oscillator /
Independence: ARO(-96) has signalled and strong downtrend is current

[BEARISH]: Independence has a current ARO(25) of -96. This has change -4 points from yesterday.

Elder Ray Index /
Independence: Elder Ray Index is -0.19 [Bearish]

[BEARISH]: Independence Elder Ray Index is signalling a Bearish movementERI is -0.19 indicating bear power. Prices are being driven below the consensus of value for IGO during the last trading session [Selling Pressure]

Daily bar has confirmed has confirmed an ATR downtrend is intact for IGO
Average True Range /
Daily bar has confirmed has confirmed an ATR downtrend is intact for IGO

[Bearish]: Average True Range has confirmed an downtrend is present. Independence has a TR of 0.14, and an ATR(14) of 0.153.

Volume MACD for Independence continues to lose momentum @-75524
MACD Volume /
Volume MACD for Independence continues to lose momentum @-75524

IGO: Volume MACD Recent Trading -> (1) 14 Aug: -75524 (2) 13 Aug: -139786 (3) 10 Aug: -132816

Independence: Exponential Moving Average(5) (4.287)
Exponential Moving Average /
Independence: Exponential Moving Average(5) (4.287)

[BEARISH]: Independence 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 0.0%.

Accumulation / Distribution /
IGO: Current trading activity signals distribution is active

[BEARISH]: Independence (ASX:IGO) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -3.32022e+007.

Stochastic Oscillator /
Independence: Stochastic Oscillator 2.9 is below the Stochastic oversold limit

[BULLISH]: Independence is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Chaikin Money Flow /
Independence continues negative divergence & potential shift in direction

[BEARISH]: Independence current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.23. Independence (ASX:IGO) received a confirmed CMF crossover days on the Jul 3 2018. The bearish signal has been active for 3 days. During the quarter, the lowest CMF value was -0.33 occurring on the Jul 3 2018.

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

[BULLISH]: Independence current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 4.332.

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

[BEARISH]: Independence current price has highlighted recent selling pressure. Currently, the Elders Force Index is -265958.

Ulcer index has increased as the price has fallen for Independence
Ulcer Index /
Ulcer index has increased as the price has fallen for Independence

[BULLISH]: Independence UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 10.354.

Close Tod Vs Range Tod /
Seller commitment has continued for Independence adding strength to an downtrend in the first timeframe

[BEARISH]: Independence sellers in control. There has been 3 consecutive days of prices closing in the lower part of the trading range for Independence adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 91 trading days with the closing price in the lower part of the range giving a confirmation ratio of 34.6%. Over the last month there has been 5 trading days with the closing price in the lower range giving a confirmation ratio of 50%. Currently this quarter, closing price has spent 16 days in the lower price range compared to 6 days in the upper range giving a ratio of 2.7x.

See More   See more results
back to top