Technical analysis from Mighty River Power (MCY.AX, ASX:MCY.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Mighty River Power
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MCY: Aroon oscillator has confirmed a strong downtrend @-80
Aroon Oscillator /
MCY: Aroon oscillator has confirmed a strong downtrend @-80

[BEARISH]: Mighty River Power has a current ARU(25) of 4 and a current ARD(25) of 84

Mighty River Power: Daily high performance is -2.6 % [Downtrend]
High Price /
Mighty River Power: Daily high performance is -2.6 % [Downtrend]

[BEARISH]: Mighty River Power current downtrend in the first timeframe. Currently, the HIGH is -2.6 %.

Accumulation / Distribution /
Distribution still active for Mighty River Power

[BEARISH]: Mighty River Power current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -155971.

Simple Moving Average /
Mighty River Power: Closing price $2.96 is above the SMA(5) @$2.94

[BULLISH]: Mighty River Power currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.0%.

Percentage Price /
Mighty River Power currently has negative PPO -0.928

[BEARISH]: Mighty River Power currently has negative PPO -0.928%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Ulcer Index /
Ulcer index has reduced in stress level for Mighty River Power & low drawdown is expected

[BEARISH]: Mighty River Power UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.13.

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Fibonacci Extensions /
Limit order for a long position has been identified for Mighty River Power @$16.51

Mighty River Power has moved below the 161.8% level ($16.51) [Bullish]. Look for a long limit order entry near this point. Exit price for MCY should be set @$17.73 & Stoploss for Mighty River Power should be set at $15.29

Weighted Moving Average(5) signal continues for Mighty River Power indicating upward price movement is likely
Weighted Moving Average /
Weighted Moving Average(5) signal continues for Mighty River Power indicating upward price movement is likely

[BULLISH]: Mighty River Power currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.0%.

14-day rate of change is decreasing for Mighty River Power
Rate of Change /
14-day rate of change is decreasing for Mighty River Power

MCY: ROC Recent Trading -> (1) 21 May: -1.987 (2) 18 May: -0.337 (3) 21 May: 15.873

MACD /
Mighty River Power: MACD oscillator (0.0016)

[BULLISH CROSSOVER]: Mighty River Power currently has positive MACD of 0.0016. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 0%.

Low Price /
MCY has achieved a new low of $2.96 (1.7 %)

[BEARISH]: Mighty River Power current uptrend in the first timeframe. Currently, the Low is $2.96 (1.7 %).

Detrended Price Oscillator /
DPO for MCY has confirmed price is currently below the displaced moving average

[BEARISH]: Mighty River Power currently has a confirmed downtrend. Price is currently below the displaced moving average for MCY. Currently, the return on DPO20 is 0.0%.

[Selling Pressure]: ERI has increased for Mighty River Power during the last trading session
Elder Ray Index /
[Selling Pressure]: ERI has increased for Mighty River Power during the last trading session

[BEARISH]: Mighty River Power Elder Ray Index is signalling a Bearish movementERI is -0.004 indicating bear power. Prices are being driven below the consensus of value for MCY during the last trading session [Selling Pressure]

[Uptrend]: The third timeframe trend for Mighty River Power remains intact
Long Trend /
[Uptrend]: The third timeframe trend for Mighty River Power remains intact

MCY: Long Term Trend Current Signal -> (1) 21 May: BULLISH (2) 18 May: NEUTRAL (3) 21 May: NEUTRAL

Demarks Pivot Points /
Mighty River Power: Look for a short limit order entry @$2.96

Mighty River Power current pivot point (DeMark) is: (R1) $2.96. The current pivot point (DeMark) is: (S1) $2.96.

Average Directional Movement /
Mighty River Power: Average Directional Index (23.58) has confirmed a weak trend is present

[Weak Trend]: ADX for MCY has confirmed a weak trend is present. Mighty River Power has an ATR(14) of 0.063, a DX of 24.62 & an ADX(14) of 23.58

Daily Volume Index /
Market conditions are indicating DVI distribution is current for MCY

[BEARISH]: Mighty River Power current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -53.

Negative VROC confirmation for MCY is a leading indicator for continued price fall
Volume Rate of Change /
Negative VROC confirmation for MCY is a leading indicator for continued price fall

[BEARISH CROSSOVER]: Mighty River Power currently has negative rate of change of -100%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0%.

Mighty River Power: Volume MACD oscillator (-2480)
MACD Volume /
Mighty River Power: Volume MACD oscillator (-2480)

[BEARISH]: Mighty River Power currently has negative Volume MACD of -2480. This means the signal line is less than the Volume MACD line signalling a bearish movement.

No traded volume for Mighty River Power
Volume /
No traded volume for Mighty River Power

No traded volume for Mighty River Power

Moving Average Envelope /
Oversold signal continues for Mighty River Power indicating upward price movement is likely

[BULLISH]: Mighty River Power current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 2.8595.

Money Flow Index /
Mighty River Power: Oversold signal still active

[BEARISH]: Mighty River Power current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 3.79. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 43.57.

Triangular Moving Average /
The TMA trend following signal is still current for Mighty River Power [Bullish]

[BULLISH]: Mighty River Power 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 0.0%.

Average True Range /
Mighty River Power has signalled an ATR trend present [Downtrend]

[Bearish]: Average True Range has confirmed an downtrend is present. Mighty River Power has a TR of 0, and an ATR(14) of 0.063.

CMF showing selling pressure & potential change in direction for MCY
Chaikin Money Flow /
CMF showing selling pressure & potential change in direction for MCY

[BEARISH]: Mighty River Power current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.45. MCY received a confirmed CMF crossover days on the Apr 27 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.51 occurring on the Apr 27 2018.

Mighty River Power: 2nd timeframe trend Downtrend remains intact
Medium Trend /
Mighty River Power: 2nd timeframe trend Downtrend remains intact

[BEARISH]: Mighty River Power is in an downtrend in the medium term timeframe. The current rally number is 5 & the highest rally count for the LTM is 22. The highest rally for the month is 15

Exponential Moving Average /
Exponential Moving Average(5) signal continues for Mighty River Power indicating upward price movement is likely

[BULLISH]: Mighty River Power 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 0.0%.

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