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

Ale Property
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LEP Basic Candle: Black
Black Candle /
LEP Basic Candle: Black

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

Buyer commitment has continued for Ale Property  adding strength to an uptrend in the first timeframe
Close Tod Vs Range Tod /
Buyer commitment has continued for Ale Property adding strength to an uptrend in the first timeframe

[BULLISH]: Ale Property buyers are in control at the market close. There has been 3 consecutive days of prices closing in the upper part of the trading range for Ale Property adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 73 trading days with the closing price in the upper part of the range giving a confirmation ratio of 27.8%. Over the last month there has been 3 trading days with the closing price in the upper range giving a confirmation ratio of 23.1%. Currently this quarter, closing price has spent 16 days in the upper price range compared to 21 days in the lower range giving a ratio of 0.8x.

Volume Rate of Change /
Ale Property currently has positive volume rate of change for 33

[BULLISH]: Ale Property currently has positive volume of change of 33%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.2%.

Volume /
Ale Property : Daily volume performance is 41.0 [Uptrend]

LEP: VOLUME Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BEARISH (3) 18 Jun: BULLISH

Accumulation / Distribution /
Ale Property : Accumulation Distribution Line (-205475)

[BEARISH]: Ale Property current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -205475.

Medium Trend /
[Uptrend]: The second timeframe trend has continued for LEP

[BULLISH]: Ale Property is in an uptrend in the medium term timeframe. The current rally number is 86 & the highest rally count for the LTM is 86. The highest rally for the month is 13

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MACD Volume /
Volume MACD oscillator remains positive for LEP

[BULLISH]: Ale Property currently has positive Volume MACD of 20653. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Ale Property  opened in the upper part of daily range at 76.9% & closed in the upper part of the trading range at 69.2%. This suggests the sellers have lost control.
Open Tod Vs Close Tod /
Ale Property opened in the upper part of daily range at 76.9% & closed in the upper part of the trading range at 69.2%. This suggests the sellers have lost control.

LEP: Open today versus close yesterday Current Signal ->(1) 20 Jun: BULLISH (2) 19 Jun: BULLISH STRONG (3) 18 Jun: BULLISH STRONG

Ale Property  has moved above the R1 DeMark pivot point ($5.485) [Bullish]
Demarks Pivot Points /
Ale Property has moved above the R1 DeMark pivot point ($5.485) [Bullish]

Ale Property has broken the first DeMark resistance point ($5.4850) [Bullish]. Look for a long limit order entry near this point. Exit price for LEP should be set @$5.54 & Stoploss for Ale Property should be set at $5.41

Pivot Points /
[Short]: Entry price for LEP should be set @$5.446

Ale Property has broken the first support point ($5.446) [Bearish]. Look for a short limit order entry near this point. Exit price for LEP should be set @$5.373 & short position stoploss for Ale Property should be set between $5.633 & $5.706

Ease of Movement /
Price spike from high volume trading for Ale Property during last trading session

LEP: EOM Current Signal -> (1) 20 Jun: BULLISH HARD (2) 19 Jun: BULLISH EASY (3) 18 Jun: NEUTRAL

Momentum /
5-day momentum is increasing for Ale Property

[BULLISH]: Ale Property currently has positive momentum of 0.17. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -0.2%. The largest upward momentum rally for the last 3 months is 12 days producing a return of 6.3%.

Signal line is still above the EMA for Ale Property  producing positive momentum
Percentage Price /
Signal line is still above the EMA for Ale Property producing positive momentum

[BULLISH]: Ale Property currently has positive PPO 0.971%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

DVI: Distribution still active for Ale Property
Daily Volume Index /
DVI: Distribution still active for Ale Property

[BEARISH]: Ale Property current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -110.

Close Tod Vs Close Yest /
Closing price for LEP ($5.52) signals sellers are now keener than buyers

[BEARISH]: Ale Property sellers are keener than buyers and are driving the price down. This is the first day of price decline for LEP adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -2.7 & the greatest daily negative change this year has been -2.7. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -6.8%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -4.6%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -0.900000%

Average True Range /
Daily trading has confirmed an ATR uptrend (0.124) for Ale Property

[Bullish]: Average True Range has confirmed an uptrend is present. Ale Property has a TR of 0.13, and an ATR(14) of 0.124.

Range Tod Vs Range Yest /
Ale Property : Range Performance (-13.3)

[WEAK BEARISH]: Ale Property buyers are becoming less eager. This is the first day buyers have decreased eagerness for LEP reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.2800 & the greatest daily price range this year has been $1.1250. The price range ratio this week versus the quarterly price range is 0.7x & the price range ratio this month versus the year to date price range is 0.2x.

Ulcer index has reduced in stress level & low drawdown is expected for Ale Property
Ulcer Index /
Ulcer index has reduced in stress level & low drawdown is expected for Ale Property

LEP: UIX Current Signal -> (1) 20 Jun: Low stress (2) 19 Jun: Low stress (3) 18 Jun: Low stress

Ale Property : Aroon oscillator (44) has confirmed an uptrend is present
Aroon Oscillator /
Ale Property : Aroon oscillator (44) has confirmed an uptrend is present

LEP: Aroon Oscillator Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: BULLISH

[Bullish]: Continued buying pressure for Ale Property  has been confirmed
Elders Force Index /
[Bullish]: Continued buying pressure for Ale Property has been confirmed

[BULLISH]: Ale Property current price has highlighted recent buying pressure. Currently, the Elders Force Index is 211.

MACD /
Ale Property : MACD oscillator (0.0086)

[BULLISH]: Ale Property currently has positive MACD of 0.0086. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -0.2%.

Woodie Pivot Point /
Ale Property has broken the first Woodie support point ($5.456) [Bearish]

Ale Property current pivot point (Woodie) is: $5.508. The current resistance levels are: (R1) $5.586: (R2) $5.638The current support levels are: (S1) $5.456: (S2) $5.378

Sine Weighted Moving Average /
Ale Property is in a short term uptrend with the support price @$5.447

[BULLISH]: Ale Property currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.2%.

Elder Ray Index /
Ale Property : Elder Ray Index is 0.139 [Bullish]

[BULLISH]: Ale Property Elder Ray Index is signalling a Bullish movementERI is 0.139 indicating bull power. Prices are being driven above the consensus of value for LEP during the last trading session [Buying Pressure]

Ale Property : Daily price range is 0.13 [Downtrend]
Price Range /
Ale Property : Daily price range is 0.13 [Downtrend]

[BEARISH]: Ale Property current downtrend in the first timeframe. Currently, the Range is $0.13.

[Bullish]: Trend following indicator for LEP highlights upward price direction is likely
Triangular Moving Average /
[Bullish]: Trend following indicator for LEP highlights upward price direction is likely

[BULLISH]: Ale Property currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.2%.

Fibonacci Extensions /
Ale Property has moved above the 161.8% extension level ($2.82) [Bearish]

Ale Property has moved above the 161.8% level ($2.82) [Bearish]. Look for a short limit order entry near this point. Exit price for LEP should be set @$2.27 & short position stoploss for Ale Property should be set at $3.38

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