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

Link
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Link has failed to achieve a lower high of $8.525 (-1.7 %)
High Price /
Link has failed to achieve a lower high of $8.525 (-1.7 %)

[BEARISH]: Link current downtrend in the first timeframe. Currently, the HIGH is -1.7 %.

Link: Daily performance is -1.4 % [Downtrend]
Closing Price /
Link: Daily performance is -1.4 % [Downtrend]

[BEARISH]: Link current downtrend in the first timeframe. Currently, the Close is $8.44.

Daily Volume Index /
Link: Confirmation of stock distribution initiated

[BEARISH CROSSOVER]: Link current price has highlighted the commencement of distribution and the start of bearish trading conditions.

Moving Average Envelope /
Closing price for LNK is still below the lower envelope signalling a bullish movement

[BULLISH]: Link current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 8.1605.

Stochastic Oscillator /
Stochastic Oscillator oversold signal has just been triggered for Link

LNK: Stochastic Oscillator Trading -> (1) 11 Jan: 25.7 (2) 11 Jan: 65.9 (3) 11 Jan: 13.7

Rate of Change /
Link has initiated a negative rate of change of -1.055

[BEARISH CROSSOVER]: Link currently has negative rate of change of -1.1%. 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

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Volume /
Link: Daily volume performance is 3.3 [Uptrend]

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

Link: Daily opening performance is -1.6 % [Downntrend]
Opening Price /
Link: Daily opening performance is -1.6 % [Downntrend]

[BEARISH]: Link opening price has gapped down. Currently, the OPEN is $8.47 (-1.6 %).

A short term Gap Down has formed with Link
Gap Down /
A short term Gap Down has formed with Link

[BULLISH]: A short term Gap Down has formed with Link which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 5 occurrences of this bar reversal giving a signal probability of 1.9%.

Elder Ray Index /
Daily trading has increased the bear power to drive prices for Link

[BEARISH]: LinkElder Ray Index is signalling a Bearish movementERI is -0.142 indicating bear power. Prices are being driven below the consensus of value for LNK during the last trading session [Selling Pressure]

Open Tod Vs Close Tod /
Open/close reversal: Sellers have taken control during the trading day for Link

[BEARISH]: Link opened in the middle part of daily range at 52.2% & closed in the lower part of the trading range at 26.1%. This suggests the sellers have taken control. Over the last 12 months there has been 29 trading days with the opening price in the middle shadow & the closing the price in the lower shadow giving a confirmation ratio of 11.1%. Over the last month there has been 2 trading days with the opening price in the middle price range & the closing the price in the lower price range giving a confirmation ratio of 25%.

Ulcer Index /
Ulcer index has fallen as the price rises for Link

[BEARISH]: Link UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.997.

LNK: Current trading activity signals distribution is confirmed
Accumulation / Distribution /
LNK: Current trading activity signals distribution is confirmed

[BEARISH CROSSOVER]: Link current price has highlighted the commencement of distribution and the start of bearish trading conditions.

Link: Volume rate of Change (14) Crossover
Volume Rate of Change /
Link: Volume rate of Change (14) Crossover

[BEARISH CROSSOVER]: Link currently has negative rate of change of -66%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.4%.

Percentage Volume /
Link: Percentage Volume Oscillator @-18.3 [Bearish Crossover]

[BEARISH CROSSOVER]: Link currently has negative PVO -18.3%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -2%.

Camarilla Pivot Points /
[Long]: Exit price for LNK should be set @$9.85

Link has broken the first Camarilla resistance point ($9.145) [Bullish]. Look for a long limit order entry near this point. Exit price for LNK should be set @$9.85 & Stoploss for Link should be set between $7.03 & $6.325

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

[BEARISH]: Link sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Link 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 95 trading days with the closing price in the lower part of the range giving a confirmation ratio of 36.4%. Over the last month there has been 8 trading days with the closing price in the lower range giving a confirmation ratio of 100%. Currently this quarter, closing price has spent 8 days in the lower price range compared to 6 days in the upper range giving a ratio of 1.3x.

Link: Range Performance (-11.5)
Range Tod Vs Range Yest /
Link: Range Performance (-11.5)

LNK: Range today versus range yesterday Current Signal ->(1) 11 Jan: BEARISH (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

Stoploss for Link should be set at $8.339
Woodie Pivot Point /
Stoploss for Link should be set at $8.339

Link has broken the first Woodie resistance point ($8.498) [Bullish]. Look for a long limit order entry near this point. Exit price for LNK should be set @$8.569 & Stoploss for Link should be set at $8.339

Link has initiated a negative momentum of -0.04
Momentum /
Link has initiated a negative momentum of -0.04

LNK: MOM Current Signal -> (1) 11 Jan: BEARISH CROSSOVER (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BEARISH CROSSOVER

Aroon Oscillator /
Daily bar has confirmed has confirmed an Aroon strong downtrend is intact for LNK

[BEARISH]: Link has a current ARU(25) of 20 and a current ARD(25) of 72

Percentage Price /
Price percentage oscillator has negative momentum signalling a commencement of the downward price fall for LNK

[BEARISH CROSSOVER]: Link currently has negative PPO -0.100%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Low Price /
Weaker price performance from LNK has seen a lower low of -1.5 % [Downtrend]

[BULLISH]: Link current downtrend in the first timeframe. Currently, the Low is $8.41 (-1.5 %).

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

LNK: SWMA Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH CROSSOVER

LNK Basic Candle: Black
Black Candle /
LNK Basic Candle: Black

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

LNK has achieved a lower range ($0.115)
Price Range /
LNK has achieved a lower range ($0.115)

LNK: Price Range Recent Trading -> (1) 11 Jan: 0.115 (2) 10 Jan: 0.13 (3) 09 Jan: 0.16

Exponential Moving Average /
[Bullish]: EMA(30) is serving as a support line for Link

[BEARISH]: Link currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -1.4%.

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