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

Lycopodium
+ Share

The 161.8% Fibonacci extension level for LYL has moved to the lower limit. Stoploss should be positioned @$5.73
Fibonacci Extensions /
The 161.8% Fibonacci extension level for LYL has moved to the lower limit. Stoploss should be positioned @$5.73

Lycopodium: The current Fibonacci Extension levels are: (23.61%) $4.44: (38.2%) $4.52: (50%) $4.58: (61.8%) $4.64The current support levels are: (78.6%) $4.73: (100%) $4.85: (138.2%) $5.06: (161.8%) $5.18: (261.8%) $5.72: (423.61%) $6.6

Market conditions are indicating accumulation is current for LYL
Accumulation / Distribution /
Market conditions are indicating accumulation is current for LYL

[BULLISH]: Lycopodium current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 878706.

Medium Trend /
Lycopodium: 2nd timeframe trend Uptrend remains intact

[BULLISH]: Lycopodium is in an uptrend in the medium term timeframe. The current rally number is 12 & the highest rally count for the LTM is 212. The highest rally for the month is 15

Average Directional Movement /
Daily bar has confirmed has confirmed an ADX a weak trend is intact for LYL

[Weak Trend]: ADX for LYL has confirmed a weak trend is present. Lycopodium has an ATR(14) of 0.123, a DX of 39.25 & an ADX(14) of 21.99

High Price /
[Bearish]: Lower high has formed for LYL by -1.9 % during the last trading session

[BEARISH]: Lycopodium current downtrend in the first timeframe. Currently, the HIGH is -1.9 %.

Opening Price /
Lycopodium: Daily opening price is $4.31

[BEARISH]: Lycopodium opening price has gapped down. Currently, the OPEN is $4.31 (-6.5 %).

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Commodity Channel Index /
Initiation of an oversold CCI signal for Lycopodium

[BULLISH]: Lycopodium current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -131. The bullish signal has been active for 1 day. During the quarter, the lowest CCI value was -364.

Recent trading highlights continued selling pressure is present for LYL
Elders Force Index /
Recent trading highlights continued selling pressure is present for LYL

LYL: Elders Force Index Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

PPO: The shorter moving average for LYL is now below the longer term moving average
Percentage Price /
PPO: The shorter moving average for LYL is now below the longer term moving average

[BEARISH CROSSOVER]: Lycopodium currently has negative PPO -0.334%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Momentum /
Lycopodium currently has negative momentum of -0.3

[BEARISH]: Lycopodium currently has negative momentum of -0.3 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -3.3%.The largest downward momentum rally for the last 3 months is 13 days producing a return of -6.1%.

Demarks Pivot Points /
Stoploss for Lycopodium should be set between $4.355

Lycopodium has broken the first DeMark resistance point ($4.4775) [Bullish]. Look for a long limit order entry near this point. Exit price for LYL should be set @$4.645 & Stoploss for Lycopodium should be set at $4.355

Elder Ray Index /
Selling pressure for LYL highlights ability of sellers to drive the price downwards

LYL: Elder Ray Index Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BULLISH (3) 20 Jun: BEARISH

A Piercing Pattern (Bullish) candlestick pattern has been detected for Lycopodium (LYL).
Piercing /
A Piercing Pattern (Bullish) candlestick pattern has been detected for Lycopodium (LYL).

[BULLISH]: Lycopodium has formed a new Bullish Piercing reversal pattern. This means, LYL has been in a short term downtrend with a black candle which is followed by a strong gap down on open but closes in the upper half of the previous candle. This indicates after a very weak open the bulls have taken control on the close and highlights a potential trend change in the upward direction.

Lycopodium: Inverted Hammer
Inverted Hammer /
Lycopodium: Inverted Hammer

LYL: Star Recent Trading -> (1) 22 Jun: Inverted Hammer (2) 21 Jun: (3) 20 Jun:

Volume Rate of Change /
Volume rate of change(14) is now increasing for Lycopodium

[BULLISH CROSSOVER]: Lycopodium currently has positive volume of change of 512%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -3.3%.

Detrended Price Oscillator /
[Downtrend]: Price for Lycopodium is now below the displaced moving average

[BEARISH]: Lycopodium currently has a confirmed downtrend. Price is currently below the displaced moving average for LYL. Currently, the return on DPO20 is -3.3%.

Open Tod Vs Close Tod /
Lycopodium: Buyers have lost control.

[BEARISH]: Lycopodium opened in the lower part of daily range at 0% & closed in the lower part of the trading range at 31%. This suggests the buyers have lost control. Over the last 12 months there has been 20 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 7.6%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the lower price range giving a confirmation ratio of 6.7%.

Lycopodium is in a short term downtrend with the closing price @$4.4
Weighted Moving Average /
Lycopodium is in a short term downtrend with the closing price @$4.4

[BEARISH]: Lycopodium currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -3.3%.

DVI: Accumulation still active for Lycopodium
Daily Volume Index /
DVI: Accumulation still active for Lycopodium

[BULLISH]: Lycopodium current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 77.

Initiation of oversold signal for Lycopodium
Williams %R /
Initiation of oversold signal for Lycopodium

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

Exponential Moving Average /
The EMA trend following signal is still current for Lycopodium [Bearish]

[BEARISH]: Lycopodium 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 -3.3%.

On Balance Volume /
Lycopodium is being actively distributed based on OBV

[BEARISH]: Lycopodium current price has highlighted recent distribution. Currently, the OBV is -975976.

Rate of Change /
Lycopodium: Rate of change (-1.566)

[BEARISH]: Lycopodium currently has negative rate of change of -1.566%. 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

Pivot Reversal /
A short term Pivot Reversal has formed with Lycopodium

[BEARISH]: A short term Pivot Reversal has formed with Lycopodium which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 4 occurrences of this bar reversal giving a signal probability of 1.5%.

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

LYL: SWMA Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

Recent trading has highlighted low Ulcer index for Lycopodium
Ulcer Index /
Recent trading has highlighted low Ulcer index for Lycopodium

[BEARISH]: Lycopodium UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.798.

Moving Average Envelope /
LYL: Price continues to move below the Lower Envelope Band @$4.3985

[BULLISH]: Lycopodium current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 4.3985.

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