Kogan: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for KGN
Australian Stock Exchange
KGN: TMA Current Signal -> (1) 21 Feb: BEARISH (2) 20 Feb: BEARISH (3) 19 Feb: BEARISH
Argo Investments managing director Jason Beddow said losses and writedowns at Bunnings' two-year-old home improvement business in the UK could dent Wesfarmers' appetite for acquisitions, especially offshore, forcing the conglomerate to focus on the low-growth Australian market.
Kogan: The current Fibonacci Extension levels are: (23.61%) $7.59: (38.2%) $7.34: (50%) $7.13: (61.8%) $6.92The current support levels are: (78.6%) $6.63: (100%) $6.25: (138.2%) $5.58: (161.8%) $5.16: (261.8%) $3.4: (423.61%) $0.55
[BEARISH]: Kogan 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 2.4%.
[Bearish]: Average True Range has confirmed an downtrend is present. Kogan has a TR of 0.28, and an ATR(14) of 0.347.
KGN: CLOSE Current Signal -> (1) 21 Feb: BULLISH (2) 20 Feb: BULLISH (3) 19 Feb: BULLISH
[BULLISH]: Kogan current price has highlighted recent accumulation. Currently, the OBV is 1.52443e+006.
KGN: MACD Current Signal -> (1) 21 Feb: BEARISH (2) 20 Feb: BEARISH CROSSOVER (3) 19 Feb: BEARISH CROSSOVER
[BULLISH CROSSOVER]: Kogan current price has highlighted the commencement of accumulation and the start of bullish trading conditions.
[BEARISH]: Kogan opening price has gapped down. Currently, the OPEN is $7 (0.1 %).
[BEARISH]: Kogan currently has negative rate of change of -46%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 2.4%.
[BULLISH]: Kogan current volume uptrend in the first timeframe. Volume for KGN is286332 (52.8).
[BULLISH]: Kogan has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Feb 15 2018.
[BULLISH]: Kogan currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 2.4%.
[BEARISH]: Kogan has a current ARU(25) of 48 and a current ARD(25) of 56
[BULLISH]: Kogan current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 6.5740.
[BULLISH]: Koganbuyers are increasingly eager. This is the first day buyers have increased eagerness for KGN adding strength to an uptrend in the first timeframe. The biggest price range this month has been $1.76. & the greatest daily price range this year has been $1.93. The price range ratio this week versus the quarterly price range is 0.3x & the price range ratio this month versus the year to date price range is 0.9x.
[BEARISH]: Kogan current price has highlighted recent selling pressure. Currently, the Elders Force Index is -42387.