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

Mirvac
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Strong price performance from MGR has seen a higher high of 0.2 % [Uptrend]
High Price /
Strong price performance from MGR has seen a higher high of 0.2 % [Uptrend]

MGR: HIGH Current Signal -> (1) 21 May: BULLISH (2) 18 May: BEARISH (3) 17 May: BEARISH

Mirvac : Rate of Change (14)
Rate of Change /
Mirvac : Rate of Change (14)

[BEARISH]: Mirvac currently has negative rate of change of -1.762%. 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

Medium Trend /
Mirvac : Uptrend for the medium term trend is continued

[BULLISH]: Mirvac is in an uptrend in the medium term timeframe. The current rally number is 16 & the highest rally count for the LTM is 67. The highest rally for the month is 15

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

[Weak Trend]: ADX for MGR has confirmed a weak trend is present. Mirvac has an ATR(14) of 0.039, a DX of 6.74 & an ADX(14) of 19.59

Opening Price /
Mirvac opening price of $2.22 (0.5 %)

[BEARISH]: Mirvac opening price has gapped down. Currently, the OPEN is $2.22 (0.5 %).

Sine Weighted Moving Average /
Mirvac is in a short term uptrend with the support price @$2.225

[BULLISH]: Mirvac 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 0.0%.

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Low Price /
Low for MGR has surpassed the low of the previous trading session

[BEARISH]: Mirvac current uptrend in the first timeframe. Currently, the Low is $2.21 (0.5 %).

Recent trading signals Mirvac  is being distributed
Daily Volume Index /
Recent trading signals Mirvac is being distributed

MGR: DVI Current Signal -> (1) 21 May: BEARISH (2) 18 May: BEARISH (3) 21 May: BEARISH

Mirvac  is in a short term downtrend with the resistance price @$2.2333
Exponential Moving Average /
Mirvac is in a short term downtrend with the resistance price @$2.2333

[BEARISH]: Mirvac 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 0.0%.

Detrended Price Oscillator /
DPO for MGR has confirmed price is currently above the displaced moving average

[BULLISH]: Mirvac currently has a confirmed uptrend. Price is currently above the displaced moving average for MGR. Currently, the return on DPO20 is 0.0%.

Coles Reaction Day /
Daily bar has closed the day with a rally day for MGR

MGR: CRD Current Signal -> (1) 21 May: BULLISH (2) 18 May: NEUTRAL (3) 21 May: BULLISH

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

[BEARISH]: Mirvac current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.14. MGR received a confirmed CMF crossover days on the May 3 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.22 occurring on the May 3 2018.

Mirvac : Simple Moving Average(5) (2.23)
Simple Moving Average /
Mirvac : Simple Moving Average(5) (2.23)

MGR: SMA(5) Current Signal -> (1) 21 May: NEUTRAL (2) 18 May: BEARISH CROSSOVER (3) 21 May: BULLISH

The TMA trend following signal is still current for Mirvac  [Bearish]
Triangular Moving Average /
The TMA trend following signal is still current for Mirvac [Bearish]

[BEARISH]: Mirvac currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 0.0%.

Percentage Volume /
Percentage volume oscillator remains negative for MGR

[BEARISH]: Mirvac currently has negative PVO -4.54%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -1.7%.

Range Tod Vs Range Yest /
Mirvac : Range Performance (-16.7)

[WEAK BEARISH]: Mirvac buyers are becoming less eager.There has been 2 consecutive days of range decrease for MGR reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.1500 & the greatest daily price range this year has been $0.3850. The price range ratio this week versus the quarterly price range is 0.2x & the price range ratio this month versus the year to date price range is 0.4000000000000000000x.

Long Trend /
Mirvac has maintained the 3rd timeframe trend [Uptrend]

[BULLISH]: Mirvac has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 30 2018.

Limit order for a long position has been identified for Mirvac  [Bullish]
Demarks Pivot Points /
Limit order for a long position has been identified for Mirvac [Bullish]

Mirvac has broken the first DeMark resistance point ($2.2275) [Bullish]. Look for a long limit order entry near this point. Exit price for MGR should be set @$2.245 & Stoploss for Mirvac should be set at $2.22

Daily trading for MGR indicated buyers are still in control
Close Tod Vs Range Tod /
Daily trading for MGR indicated buyers are still in control

[BULLISH]: Mirvac buyers are in control at the market close. There has been 2 consecutive days of prices closing in the upper part of the trading range for Mirvac 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 78 trading days with the closing price in the upper part of the range giving a confirmation ratio of 29.7%. Over the last month there has been 4 trading days with the closing price in the upper range giving a confirmation ratio of 26.7%. Currently this quarter, closing price has spent 8 days in the upper price range compared to 12 days in the lower range giving a ratio of 0.7x.

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

[BEARISH]: Mirvac UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.372.

Elder Ray Index /
Mirvac : Elder Ray Index is -0.032 [Bearish]

[BEARISH]: Mirvac Elder Ray Index is signalling a Bearish movementERI is -0.032 indicating bear power. Prices are being driven below the consensus of value for MGR during the last trading session [Selling Pressure]

Aroon Oscillator /
Mirvac has signalled an Aroon trend present [Uptrend]

[BULLISH]: Mirvac has a current ARO(25) of 36. This has change -20 points from yesterday.

MACD /
Mirvac : MACD @-0.0129 [Bearish]

MGR: MACD Current Signal -> (1) 21 May: BEARISH (2) 18 May: BEARISH CROSSOVER (3) 21 May: BULLISH

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

[BEARISH]: Mirvac current price has highlighted recent selling pressure. Currently, the Elders Force Index is -59541.

Mirvac : Current trading activity signals OBV accumulation is present
On Balance Volume /
Mirvac : Current trading activity signals OBV accumulation is present

[BULLISH]: Mirvac current price has highlighted recent accumulation. Currently, the OBV is 1.11323e+008.

The Volume MACD continues to fall below the signal line for MGR [Bearish]
MACD Volume /
The Volume MACD continues to fall below the signal line for MGR [Bearish]

[BEARISH]: Mirvac currently has negative Volume MACD of -287566. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Momentum /
Negative momentum: Price is trading lower for Mirvac than 5 days ago

[BEARISH]: Mirvac currently has negative momentum of -0.04 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 0%.The largest downward momentum rally for the last 3 months is 8 days producing a return of -3.1%.

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