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

Mirvac
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MGR has achieved a lower range ($0.045)
Price Range /
MGR has achieved a lower range ($0.045)

[BEARISH]: Mirvac current downtrend in the first timeframe. Currently, the Range is $0.045.

Recent trading indicates ATR upward trend direction likely for MGR [Uptrend]
Average True Range /
Recent trading indicates ATR upward trend direction likely for MGR [Uptrend]

MGR: Average True Range Recent Trading -> (1) 11 Jan: 0.05 (2) 11 Jan: 0.016 (3) 11 Jan: 0.572

Triangular Moving Average /
Triangular Moving Average(30) signal is confirmed for Mirvac indicating downward price movement is likely

[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 0.4%.

Elders Force Index /
Elders Force Index (-214771) has signalled bearish conditions in recent trading for MGR

[BEARISH]: Mirvac current price has highlighted recent selling pressure. Currently, the Elders Force Index is -214771.

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

[BEARISH]: Mirvac currently has negative momentum of -0.06 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 0.4%.The largest downward momentum rally for the last 3 months is 1 days producing a return of -2.6%%.

Detrended Price Oscillator /
The simple moving average and past price for MGR has confirmed a bearish crossover

[BEARISH]: Mirvac currently has a confirmed downtrend. Price is currently below the displaced moving average for MGRCurrently, the return on DPO20 is 0.4%.

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Simple Moving Average /
[Bearish]: Trend following indicator for MGR highlights downward price direction is likely

MGR: SMA(5) Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BULLISH (3) 11 Jan: BEARISH

The longest consecutive upswing rally over the last 12 months has been 6 days giving a total rally upward movement of 6.6%
Close Tod Vs Close Yest /
The longest consecutive upswing rally over the last 12 months has been 6 days giving a total rally upward movement of 6.6%

[BULLISH]: Mirvac buyers are currently keener than sellers and are driving the price up. This is the first day of price rise for MGR adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 1.3 & the greatest daily positive change this year has been 1.3. The longest consecutive upswing rally over the last 12 months has been 6 days giving a total rally upward movement of 6.6%. This quarter, the largest upswing rally has been 1 days giving a total rally upward movement of 1.3%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.1x. Over the last month the average daily upward movement has been 0.7%

Recent trading for Mirvac  has surpassed the previous volume by 48.6
Volume /
Recent trading for Mirvac has surpassed the previous volume by 48.6

[BULLISH]: Mirvac current volume uptrend in the first timeframe. Volume for MGR is2.72968e+007 (48.6).

Moving Average Envelope /
Closing price for MGR has crossed below the lower envelope triggering a bullish crossover signal

[BULLISH CROSSOVER]: Mirvac current price has driven Envelope Bands to become oversold signalling the start of bullish trading conditions. Currently, the Lower Band is 2.2800.

Woodie Pivot Point /
Mirvac has moved above the R1 Woodie pivot point ($2.302) [Bullish]

Mirvac has broken the first Woodie resistance point ($2.302) [Bullish]. Look for a long limit order entry near this point. Exit price for MGR should be set @$2.321 & Stoploss for Mirvac should be set at $2.231

Exponential Moving Average /
Exponential Moving Average(5) signal continues for Mirvac indicating downward price movement is likely

[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 0.4%.

Percentage volume oscillator is now positive for MGR
Percentage Volume /
Percentage volume oscillator is now positive for MGR

[BULLISH CROSSOVER]: Mirvac currently has positive PVO 15.9%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -2.2%.

[Bearish]: Mirvac  currently has negative MACD histogram -0.013000
MACD /
[Bearish]: Mirvac currently has negative MACD histogram -0.013000

[BEARISH]: Mirvac currently has negative MACD of -0.013000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -2.2%.

Close Tod Vs Range Tod /
Buyer commitment has continued for Mirvac adding strength to an uptrend in the first timeframe

[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 95 trading days with the closing price in the upper 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 upper range giving a confirmation ratio of 100%. Currently this quarter, closing price has spent 8 days in the upper price range compared to 7 days in the lower range giving a ratio of 1.1x.

Volume Rate of Change /
Mirvac : Rate of Change (227)

[BULLISH CROSSOVER]: Mirvac currently has positive volume of change of 227%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 0.4%.

Distribution has commenced for Mirvac
Accumulation / Distribution /
Distribution has commenced for Mirvac

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

[Bullish]: Mirvac  currently has positive Volume MACD histogram 2.14733e+006
MACD Volume /
[Bullish]: Mirvac currently has positive Volume MACD histogram 2.14733e+006

MGR: Volume MACD Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

MGR: Average Directional Index has confirmed a weak trend @22.34
Average Directional Movement /
MGR: Average Directional Index has confirmed a weak trend @22.34

[Weak Trend]: ADX for MGR has confirmed a weak trend is presentMirvac has an ATR(14) of 0.05, a DX of 43.26 & an ADX(14) of 22.34

Camarilla Pivot Points /
Camarilla pivot point for MGR is bullish. Stoploss should be positioned @$1.901

Mirvac has broken the first Camarilla resistance point ($2.47) [Bullish]. Look for a long limit order entry near this point. Exit price for MGR should be set @$2.659 & Stoploss for Mirvac should be set between $1.901 & $1.711

Percentage Price /
PPO is now signalling a downward price fall for Mirvac

[BEARISH CROSSOVER]: Mirvac currently has negative PPO -1.500%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Elder Ray Index /
Mirvac : Elder Ray Index is -0.094 [Bearish]

MGR: Elder Ray Index Current Signal -> (1) 11 Jan: BEARISH (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

Closing Price /
Mirvac : Daily closing price is $2.28 [Bullish]

[BULLISH]: Mirvac current uptrend in the first timeframe. Currently, the Close is $2.28.

Mirvac : Daily low price is $2.25 [Lower low]
Low Price /
Mirvac : Daily low price is $2.25 [Lower low]

[BULLISH]: Mirvac current downtrend in the first timeframe. Currently, the Low is $2.25 (-0.7 %).

[Downtrend]: Aroon oscillator (-76) strong downtrend has been confirmed for MGR
Aroon Oscillator /
[Downtrend]: Aroon oscillator (-76) strong downtrend has been confirmed for MGR

[BEARISH]: Mirvac has a current ARO(25) of -76. This has change -140 points from yesterday.

Medium Trend /
Second timeframe trend of Mirvac has signalled an Downtrend

[BEARISH]: Mirvac is in an downtrend in the medium term timeframe. The current rally number is 2 & the highest rally count for the LTM is 48. The highest rally for the month is 8

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