Independence
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Share
[BULLISH]: Independence has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 13 2018.
[BEARISH]: Independence currently has negative MACD of -0.0274. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is 0%.
[BEARISH]: Independence Elder Ray Index is signalling a Bearish movementERI is -0.134 indicating bear power. Prices are being driven below the consensus of value for IGO during the last trading session [Selling Pressure]
[BEARISH]: Independence currently has negative PVO -5.47%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 0%.
[BEARISH]: Independence 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 0.0%.
IGO: MOM Current Signal -> (1) 20 Jun: BEARISH (2) 19 Jun: BEARISH (3) 18 Jun: BEARISH
Australian Stock Exchange
Independence has broken the first DeMark resistance point ($4.9425) [Bullish]. Look for a long limit order entry near this point. Exit price for IGO should be set @$4.985 & Stoploss for Independence should be set at $4.895
IGO: EOM Current Signal -> (1) 20 Jun: BEARISH HARD (2) 19 Jun: BEARISH HARD (3) 18 Jun: BEARISH HARD
Independence is still above the 61.8% retracement level ($0) [Bullish]. Look for a long limit order entry near this point. Exit price for IGO should be set @$9.89 & Stoploss for Independence should be set between $9.7
[BULLISH]: Independence current volume uptrend in the first timeframe. Volume for IGO is 1.94706e+006 (61.9).
[BEARISH]: Independence current downtrend in the first timeframe. Currently, the Range is $0.09.
[BEARISH]: Independence UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.297.
[BULLISH]: Independence currently has positive PPO 0.496%. This means the current price is gaining momentum through a rise on the short term exponential moving average.
![Independence: Daily high performance is -2.2 % [Downtrend]](http://tricklar.com/ArticleImages/ASX/IGO/IGO_49.png
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[BEARISH]: Independence current downtrend in the first timeframe. Currently, the HIGH is -2.2 %.
IGO: Range today versus range yesterday Current Signal ->(1) 20 Jun: BEARISH (2) 19 Jun: BULLISH (3) 18 Jun: BEARISH
[BEARISH]: Independence 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 0.0%.
[BULLISH]: Independence current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.17. IGO received a confirmed CMF crossover days on the Jun 6 2018. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.2 occurring on the Jun 6 2018.
![[Bullish]: Independence current trading has maintained the Envelope Bands to oversold status](http://tricklar.com/ArticleImages/ASX/IGO/IGO_15.png
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[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 4.75.
[BULLISH]: Independence has a current ARU(25) of 68 and a current ARD(25) of 44
IGO: OBV Current Signal ->(1) 20 Jun: BEARISH (2) 19 Jun: BEARISH (3) 18 Jun: BEARISH
IGO: ROC Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH CROSSOVER (3) 18 Jun: BULLISH CROSSOVER
[BULLISH]: Independence current price has highlighted recent buying pressure. Currently, the Elders Force Index is 12740.
[BULLISH]: Independence currently has a confirmed uptrend. Price is currently above the displaced moving average for IGO. Currently, the return on DPO20 is 0.0%.
[BEARISH]: Independence 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 0.0%.
[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%.
[BEARISH]: Independence currently has negative rate of change of -43%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0%.
[BEARISH]: Independence current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -990200.
