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

Kogan
+ Share

Kogan is still oversold with the Stochastic Oscillator @6.8
Stochastic Oscillator /
Kogan is still oversold with the Stochastic Oscillator @6.8

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

Kogan: MACD oscillator (-0.1034)
MACD /
Kogan: MACD oscillator (-0.1034)

[BEARISH]: Kogan currently has negative MACD of -0.1034. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -16.9%.

Close Tod Vs Range Tod /
Trading for Kogan highlights the commitment of sellers to carry positions overnight.

[BEARISH]: Kogan sellers in control. This is the first day of seller commitment for Kogan 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 81 trading days with the closing price in the lower part of the range giving a confirmation ratio of 30.8%. Over the last month there has been 7 trading days with the closing price in the lower range giving a confirmation ratio of 46.7%. Currently this quarter, closing price has spent 23 days in the lower price range compared to 18 days in the upper range giving a ratio of 1.3x.

Average True Range /
Average True Range for Kogan has signalled an downtrend is active

[Bearish]: Average True Range has confirmed an downtrend is present. Kogan has a TR of 0.26, and an ATR(14) of 0.43.

Sine Weighted Moving Average /
[Bearish]: SWMA(5) is serving as a resistance line for Kogan

[BEARISH]: Kogan 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 -2.2%.

Open Tod Vs Close Tod /
Open/close reversal: Sellers were in control for all the trading day for Kogan

[BEARISH STRONG]: Kogan opened in the upper part of daily range at 69.2% & closed in the lower part of the trading range at 3.8%. This suggests the sellers were in control all day. Over the last 12 months there has been 56 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 21.3%. Over the last month there has been 5 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 33.3%.

Top companies for
Australian Stock Exchange
Advertisment
Accumulation / Distribution /
Distribution signal for Kogan is confirmed

[BEARISH]: Kogan current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -3.72949e+006.

Kogan: Daily high price is $7.44 [Higher High]
High Price /
Kogan: Daily high price is $7.44 [Higher High]

[BULLISH]: Kogan current uptrend in the first timeframe. Currently, the HIGH is 1.2 %.

Simple Moving Average(5) signal is confirmed for Kogan indicating downward price movement is likely
Simple Moving Average /
Simple Moving Average(5) signal is confirmed for Kogan indicating downward price movement is likely

KGN: SMA Recent Trading -> (1) 22 Jun: 7.25 (2) 21 Jun: 7.322 (3) 20 Jun: 7.304

Opening Price /
Price for KGN has opened stronger than close of the previous trading session

[BULLISH]: Kogan opening price has gapped up. Currently, the OPEN is $7.36 (2.6 %).

Coles Reaction Day /
Daily trading produced a rally day for Kogan

KGN: CRD Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: NEUTRAL (3) 20 Jun: NEUTRAL

Percentage Volume /
Positive momentum on volume for KGN is maintained & supports a bullish move is likely

[BULLISH]: Kogan currently has positive PVO 7.08%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -21.5%.

[Fake Day]: MFI indicator is up, volume is down KGN
Bill Williams Market Facilitation /
[Fake Day]: MFI indicator is up, volume is down KGN

Kogan Currently is a confirmed Fake Day. MFI indicator is up, volume is down for KGN. Trend continuation possible for KGN from reduced trading activity.

OBV: Distribution still active for Kogan
On Balance Volume /
OBV: Distribution still active for Kogan

[BEARISH]: Kogan current price has highlighted recent distribution. Currently, the OBV is -9.4183e+006.

Woodie Pivot Point /
Kogan has moved below the S1 Woodie pivot point ($7.06) [Bearish]

Kogan current pivot point (Woodie) is: $7.25. The current resistance levels are: (R1) $7.32: (R2) $7.51The current support levels are: (S1) $7.06: (S2) $6.99

Dark Cloud Cover /
Kogan (KGN): Dark Cloud Cover short-term pattern has been confirmed

[BEARISH]: Kogan has formed a new bearish Dark Cloud Cover reversal pattern. This means, KGN has been in a short term uptrend with a white candle which is followed by a strong gap up on open but closes in the lower half of the previous candle. This indicates after a very strong open the bears have taken control on the close and highlights a potential trend change in the downward direction.

Demarks Pivot Points /
Kogan has moved above the R1 DeMark pivot point ($7.2475) [Bullish]

Kogan has broken the first DeMark resistance point ($7.2475) [Bullish]. Look for a long limit order entry near this point. Exit price for KGN should be set @$7.315 & Stoploss for Kogan should be set at $7.055

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

[BULLISH]: Kogan is in an uptrend in the medium term timeframe.. The highest rally for the month is 15

Daily trading has confirmed an Aroon downtrend (-40) for Kogan
Aroon Oscillator /
Daily trading has confirmed an Aroon downtrend (-40) for Kogan

KGN: Aroon Oscillator Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

William %R Oversold signal is still current for Kogan [Bullish]
Williams %R /
William %R Oversold signal is still current for Kogan [Bullish]

KGN: William %R Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

Ease of Movement /
Ease of Movement for Koganis 8.265 [Easily Moved]

KGN: EOM Current Signal -> (1) 22 Jun: BULLISH EASY (2) 21 Jun: BULLISH HARD (3) 20 Jun: BEARISH HARD

Fibonacci Extensions /
Kogan has moved below the 161.8% extension level ($23.85) [Bullish]

Kogan: The current Fibonacci Extension levels are: (23.61%) $7.66: (38.2%) $8.07: (50%) $8.4: (61.8%) $8.73The current support levels are: (78.6%) $9.2: (100%) $9.8: (138.2%) $10.87: (161.8%) $11.53: (261.8%) $14.33: (423.61%) $18.86

Detrended Price Oscillator /
DPO for KGN has confirmed price is currently below the displaced moving average

[BEARISH]: Kogan currently has a confirmed downtrend. Price is currently below the displaced moving average for KGN. Currently, the return on DPO20 is -2.2%.

Chaikin Money Flow /
Chaikin Oscillator showing selling pressure for KGN

[BEARISH]: Kogan current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.21. KGN received a confirmed CMF crossover days on the May 31 2018. The bearish signal has been active for 1 day. During the quarter, the lowest CMF value was -0.26 occurring on the May 31 2018.

Kogan has initiated a negative momentum of -0.36
Momentum /
Kogan has initiated a negative momentum of -0.36

[BEARISH CROSSOVER]: Kogan currently has negative momentum of -0.36 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -2.2%.The largest downward momentum rally for the last 3 months is 13 days producing a return of -20.3%.

Kogan: Range Performance (-13.3)
Range Tod Vs Range Yest /
Kogan: Range Performance (-13.3)

KGN: Range today versus range yesterday Current Signal ->(1) 22 Jun: BEARISH (2) 21 Jun: BULLISH (3) 20 Jun: BEARISH

Elder Ray Index /
[Bearish]: Recent trading has driven price below the consensus of value for KGN

[BEARISH]: Kogan Elder Ray Index is signalling a Bearish movementERI is -0.449 indicating bear power. Prices are being driven below the consensus of value for KGN during the last trading session [Selling Pressure]

See More   See more results
Advertisment
Advertisment
back to top