Technical analysis from James Hardie Industries (JHX.AX.AX, ASX:JHX.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

James Hardie Industries
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The TMA trend following signal is now active for James Hardie Industries [Bullish]
Triangular Moving Average /
The TMA trend following signal is now active for James Hardie Industries [Bullish]

[BEARISH]: James Hardie Industries 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 -1.2%.

Drawdown for James Hardie Industries is currently low signalling low stress
Ulcer Index /
Drawdown for James Hardie Industries is currently low signalling low stress

[BEARISH]: James Hardie Industries UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.567.

Bollinger Bands /
Closing price ($21.7) for JHX is now below the Lower Bollinger Band

[BULLISH CROSSOVER]: James Hardie Industries has initiated an oversold signal, highlighting the potential for a short term trend reversal in the upward direction. The current level is -0.24% with a current width of 5.44.

Volume /
JHX has achieved a new high of 2.88966e+006 (29.1)

JHX: VOLUME Current Signal -> (1) 11 Jan: BULLISH (2) 10 Jan: BEARISH (3) 09 Jan: BULLISH

Elder Ray Index /
Bear power has increased for James Hardie Industries signalling bearish conditions are likely

[BEARISH]: James Hardie IndustriesElder Ray Index is signalling a Bearish movementERI is -0.724 indicating bear power. Prices are being driven below the consensus of value for JHX during the last trading session [Selling Pressure]

MACD Volume /
James Hardie Industries: Volume MACD @285888 [Bullish Crossover]

[BULLISH CROSSOVER]: James Hardie Industries currently has positive Volume MACD of 285888. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

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Percentage Volume /
Percentage volume oscillator is now positive for JHX

[BULLISH CROSSOVER]: James Hardie Industries currently has positive PVO 12.6%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -3%.

The 161.8% Fibonacci extension level for JHX has moved to the upper limit. Stoploss should be positioned @$2.26
Fibonacci Extensions /
The 161.8% Fibonacci extension level for JHX has moved to the upper limit. Stoploss should be positioned @$2.26

James Hardie Industries has moved above the 161.8% level ($3.33) [Bearish]. Look for a short limit order entry near this point. Exit price for JHX should be set @$4.4 & short position stoploss for James Hardie Industries should be set at $2.26

A Piercing Pattern (Bullish) candlestick pattern has been detected for James Hardie Industries (JHX).
Piercing /
A Piercing Pattern (Bullish) candlestick pattern has been detected for James Hardie Industries (JHX).

[BULLISH]: James Hardie Industries has formed a new Bullish Piercing reversal pattern. This means, JHX has been in a short term downtrend with a black candle which is followed by a strong gap down on open but closes in the upper half of the previous candle. This indicates after a very weak open the bulls have taken control on the close and highlights a potential trend change in the upward direction.

Open Tod Vs Close Tod /
James Hardie Industries opened in the lower part of daily range at 30% & closed in the middle part of the trading range at 50%. This suggests the buyers have lost commitment.

[BULLISH WEAK]: James Hardie Industries opened in the lower part of daily range at 30% & closed in the middle part of the trading range at 50%. This suggests the buyers have lost commitment. Over the last 12 months there has been 26 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 10%. Over the last month there has been 1 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 12.5%.

Ease of Movement /
Price dipped caused by low volume trading for James Hardie Industries during last trading session

JHX: EOM Current Signal -> (1) 11 Jan: BEARISH EASY (2) 11 Jan: BEARISH HARD (3) 11 Jan: BULLISH EASY

Volume Rate of Change /
Positive VROC confirmation for JHX is a leading indicator for continued price rise

[BULLISH CROSSOVER]: James Hardie Industries currently has positive volume of change of 178%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -1.2%.

James Hardie Industries: Daily high price is $21.85 [Lower High]
High Price /
James Hardie Industries: Daily high price is $21.85 [Lower High]

[BEARISH]: James Hardie Industries current downtrend in the first timeframe. Currently, the HIGH is -2.4 %.

The WMA trend following signal is now active for James Hardie Industries [Bullish]
Weighted Moving Average /
The WMA trend following signal is now active for James Hardie Industries [Bullish]

JHX: WMA Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BULLISH (3) 11 Jan: BEARISH

Camarilla Pivot Points /
Limit order for a long position has been identified for James Hardie Industries [Bullish]

James Hardie Industries has broken the first Camarilla resistance point ($23.508) [Bullish]. Look for a long limit order entry near this point. Exit price for JHX should be set @$25.317 & Stoploss for James Hardie Industries should be set between $18.083 & $16.275

Rate of Change /
14-day rate of change is decreasing for James Hardie Industries

[BEARISH]: James Hardie Industries currently has negative rate of change of -2.4%. 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

On Balance Volume /
James Hardie Industries is being actively accumulated based on OBV

[BULLISH]: James Hardie Industries current price has highlighted recent accumulation. Currently, the OBV is 7.14046e+006.

Sellers continue to be keener than buyers for James Hardie Industries & are driving the price down.
Close Tod Vs Close Yest /
Sellers continue to be keener than buyers for James Hardie Industries & are driving the price down.

[BEARISH]: James Hardie Industriessellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for JHX adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -1.8 & the greatest daily negative change this year has been -1.8. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -9.3%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -3%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1x. Over the last month the average daily downward movement has been -1%

James Hardie Industries: 2nd timeframe trend Uptrend remains intact
Medium Trend /
James Hardie Industries: 2nd timeframe trend Uptrend remains intact

[BULLISH]: James Hardie Industries has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jan 5 2018.

Daily trading has confirmed an ADX weak trend (23.73) for James Hardie Industries
Average Directional Movement /
Daily trading has confirmed an ADX weak trend (23.73) for James Hardie Industries

[Weak Trend]: ADX for JHX has confirmed a weak trend is presentJames Hardie Industries has an ATR(14) of 0.357, a DX of 27.29 & an ADX(14) of 23.73

Sine Weighted Moving Average /
JHX: SWMA(15) has moved above the SWMA(30) @$22.123

[BEARISH]: James Hardie Industries 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 -1.2%.

Moving Average Envelope /
Envelope bands Oversold signal is still current for James Hardie Industries [Bullish]

[BULLISH]: James Hardie Industries current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 21.0330.

Accumulation / Distribution /
James Hardie Industries: Current trading activity signals accumulation is confirmed

JHX: ADLINE Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: BULLISH CROSSOVER

Opening Price /
Recent trading has opened -3 % lower than previous close for JHX

[BEARISH]: James Hardie Industries opening price has gapped down. Currently, the OPEN is $21.64 (-3 %).

Price percentage oscillator: Upward momentum has been initiated for James Hardie Industries
Percentage Price /
Price percentage oscillator: Upward momentum has been initiated for James Hardie Industries

[BULLISH CROSSOVER]: James Hardie Industries currently has positive PPO 1.100%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Range Tod Vs Range Yest /
James Hardie Industries: Range Performance (-50.8)

JHX: Range today versus range yesterday Recent Trading -> (1) 11 Jan: -50.8% (2) 11 Jan: -23.3% (3) 11 Jan: 6.3%

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