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

Link
+ Share

Recent trading for LNK has beaten the previous volume high by 12.2 [Uptrend]
Volume /
Recent trading for LNK has beaten the previous volume high by 12.2 [Uptrend]

[BULLISH]: Link current volume uptrend in the first timeframe. Volume for LNK is 2.24577e+006 (12.2).

No confirmation signal from the CMF indicator for LNK
Chaikin Money Flow /
No confirmation signal from the CMF indicator for LNK

LNK: Chaikin Oscillator Current Signal -> (1) 19 Jun: NEUTRAL (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH CROSSOVER

Average True Range /
Link: ATR (0.18) has signalled an downtrend is current

[Bearish]: Average True Range has confirmed an downtrend is present. Link has a TR of 0.12, and an ATR(14) of 0.18.

Detrended Price Oscillator /
Link: Detrended Price Oscillator(20) is -0.0495

LNK: DPO Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH CROSSOVER

MACD Volume /
Link: Volume MACD oscillator (1591)

LNK: Volume MACD Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Sine Weighted Moving Average /
Price continues to trade below the Sine Weighted Moving Average(5) for LNK

LNK: SWMA Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BEARISH CROSSOVER (3) 15 Jun: BULLISH

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Elder Ray Index /
[Bullish]: Recent trading has driven price above the consensus of value for LNK

[BULLISH]: Link Elder Ray Index is signalling a Bullish movementERI is 0.1 indicating bull power. Prices are being driven above the consensus of value for LNK during the last trading session [Buying Pressure]

Link: Current trading activity signals distribution is present
Accumulation / Distribution /
Link: Current trading activity signals distribution is present

[BEARISH]: Link current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -5.15151e+007.

[Uptrend]: Recent trading for LNK indicates ST trend is likely to continue
Triangular Moving Average /
[Uptrend]: Recent trading for LNK indicates ST trend is likely to continue

[BULLISH]: Link 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 0.3%.

Elders Force Index /
Elders Force Index (66431) has signalled bullish conditions in recent trading for LNK

[BULLISH]: Link current price has highlighted recent buying pressure. Currently, the Elders Force Index is 66431.

Weighted Moving Average /
[Downtrend]: Recent trading for LNK indicates ST trend is likely to continue

LNK: WMA Recent Trading -> (1) 19 Jun: 7.1620 (2) 18 Jun: 7.1760 (3) 15 Jun: 7.1870

Daily Volume Index /
Link: Confirmation of stock distribution

[BEARISH]: Link current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -1654.

Positive ROC for Link is a leading indicator for continued price rise
Rate of Change /
Positive ROC for Link is a leading indicator for continued price rise

[BULLISH]: Link currently has positive rate of change of 3.628%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Signal line is still below the EMA for Link producing negative momentum
Percentage Price /
Signal line is still below the EMA for Link producing negative momentum

[BEARISH]: Link currently has negative PPO -1.4%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Average Directional Movement /
Average Directional Index for Link has signalled a weak trend is active

[Weak Trend]: ADX for LNK has confirmed a weak trend is present. Link has an ATR(14) of 0.18, a DX of 2.2 & an ADX(14) of 19.25

High Price /
Recent trading for Link fell short of the previous high by -1.2 %

[BEARISH]: Link current downtrend in the first timeframe. Currently, the HIGH is -1.2 %.

Simple Moving Average /
Simple Moving Average(5) signal continues for Link indicating downward price movement is likely

[BEARISH]: Link 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 0.3%.

Positive momentum on the MACD histogram for LNK is maintained & supports a bullish move is likely
MACD /
Positive momentum on the MACD histogram for LNK is maintained & supports a bullish move is likely

[BULLISH]: Link currently has positive MACD of 0.0754. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 1.7%.

Link has moved above the R1 DeMark pivot point ($7.1325) [Bullish]
Demarks Pivot Points /
Link has moved above the R1 DeMark pivot point ($7.1325) [Bullish]

Link has broken the first DeMark support point ($7.1325) [Bearish]. Look for a short limit order entry near this point. Exit price for LNK should be set @$7.0550 & short position stoploss for Link should be set at $7.175

Daily trading has maintained an Uptrend medium trend for Link
Medium Trend /
Daily trading has maintained an Uptrend medium trend for Link

[BULLISH]: Link has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 14 2018.

Ease of Movement /
Link was difficult to move downward due to high volume in recent trading [Bearish]

[BEARISH]: Link current price have moved downwards on high volume. Currently, the Ease of Movement is -0.24

Black Candle /
LNK Basic Candle: Black

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

Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Link

[BEARISH]: Link current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 7.581.

Closing Price /
Strong price performance from LNK has seen a higher close of 0.3 % [Uptrend]

[BULLISH]: Link current uptrend in the first timeframe. Currently, the Close is $7.14.

Link: Sellers have lost commitment.
Open Tod Vs Close Tod /
Link: Sellers have lost commitment.

[BEARISH WEAK]: Link opened in the upper part of daily range at 75% & closed in the middle part of the trading range at 41.7%. This suggests the sellers have lost commitment. Over the last 12 months there has been 35 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 13.3%. Over the last month there has been 3 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 25%.

Market conditions are indicating OBV distribution is current for LNK
On Balance Volume /
Market conditions are indicating OBV distribution is current for LNK

[BEARISH]: Link current price has highlighted recent distribution. Currently, the OBV is -5.46161e+007.

Aroon Oscillator /
Link: Aroon oscillator (-52) has confirmed a strong downtrend is present

[BEARISH]: Link has a current ARO(25) of -52. This has change -56 points from yesterday.

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