Australian Securities Exchange

Mirrabooka
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Sellers are now keener than buyers for Mirrabooka & are driving the price down.
Close Tod Vs Close Yest /
Sellers are now keener than buyers for Mirrabooka & are driving the price down.

[BEARISH]: Mirrabookasellers are keener than buyers and are driving the price down. This is the first day of price decline for MIR adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.5 & the greatest daily negative change this year has been -82.4. The longest consecutive downswing rally over the last 12 months has been 3 days giving a total rally downward movement of -83.5%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -83.5%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1x. Over the last month the average daily downward movement has been -1.100000%

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

[BEARISH]: Mirrabooka currently has negative rate of change of -4.71%. 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

Elders Force Index /
Bullish conditions for MIR have commenced based on EFI (366)

MIR: Elders Force Index Current Signal -> (1) 14 Aug: BULLISH CROSSOVER (2) 13 Aug: BEARISH (3) 10 Aug: BEARISH

On Balance Volume /
Market conditions are indicating OBV accumulation is current for MIR.AX

[BULLISH]: Mirrabooka current price has highlighted recent accumulation. Currently, the OBV is 146291.

Elder Ray Index /
[Bullish]: Recent trading has driven price above the consensus of value for MIR

[BULLISH]: Mirrabooka Elder Ray Index is signalling a Bullish movementERI is 0.019 indicating bull power. Prices are being driven above the consensus of value for MIR during the last trading session [Buying Pressure]

Detrended Price Oscillator /
Mirrabooka: Detrended Price Oscillator(20) is -0.12

[BEARISH]: Mirrabooka currently has a confirmed downtrend. Price is currently below the displaced moving average for MIR. Currently, the return on DPO20 is -1.1%.

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Fibonacci Extensions /
Mirrabooka has broken below the 161.8% extension level ($3.13) [Bullish]

Mirrabooka: The current Fibonacci Extension levels are: (23.61%) $2.66: (38.2%) $2.69: (50%) $2.72: (61.8%) $2.74The current support levels are: (78.6%) $2.78: (100%) $2.82: (138.2%) $2.9: (161.8%) $2.95: (261.8%) $3.16: (423.61%) $3.5

Mirrabooka: Look for a short limit order entry @$2.645
Demarks Pivot Points /
Mirrabooka: Look for a short limit order entry @$2.645

Mirrabooka has broken the first DeMark resistance point ($2.6450) [Bullish]. Look for a long limit order entry near this point. Exit price for MIR should be set @$2.66 & Stoploss for Mirrabooka should be set at $2.6

Mirrabooka: Volume MACD oscillator (658)
MACD Volume /
Mirrabooka: Volume MACD oscillator (658)

[BULLISH CROSSOVER]: Mirrabooka currently has positive Volume MACD of 658. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Average True Range /
[Uptrend]: Average True Range @0.053 has confirmed an uptrend for MIR

[Bullish]: Average True Range has confirmed an uptrend is present. Mirrabooka has a TR of 0.06, and an ATR(14) of 0.053.

Ease of Movement /
Price dipped from high volume trading for Mirrabooka during last trading session

MIR: EOM Current Signal -> (1) 14 Aug: BEARISH HARD (2) 13 Aug: NEUTRAL (3) 10 Aug: BEARISH HARD

Percentage Price /
PPO: The shorter moving average for MIR is still below the longer term moving average

[BEARISH]: Mirrabooka currently has negative PPO -0.67%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Price continues to trade below the Triangular Moving Average(5) for MIR
Triangular Moving Average /
Price continues to trade below the Triangular Moving Average(5) for MIR

[BEARISH]: Mirrabooka 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 -1.1%.

Mirrabooka: Current trading activity signals distribution is present
Accumulation / Distribution /
Mirrabooka: Current trading activity signals distribution is present

[BEARISH]: Mirrabooka (ASX:MIR) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -959774.

Average Directional Movement /
Mirrabooka: ADX(20.25) has signalled a weak trend is current

[Weak Trend]: ADX for MIR has confirmed a weak trend is present. Mirrabooka has an ATR(14) of 0.053, a DX of 3.76 & an ADX(14) of 20.25

MACD /
Mirrabooka: MACD (-0.0039)

[BEARISH]: Mirrabooka currently has negative MACD of -0.0039. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -5.1%.

Sine Weighted Moving Average /
Mirrabooka is in a short term downtrend with the closing price @$2.63

[BEARISH]: Mirrabooka currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -1.1%.

Mirrabooka: Simple Moving Average(5) (2.66)
Simple Moving Average /
Mirrabooka: Simple Moving Average(5) (2.66)

[BEARISH]: Mirrabooka currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -1.1%.

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

MIR: WMA Current Signal -> (1) 14 Aug: BEARISH (2) 13 Aug: BEARISH (3) 10 Aug: BEARISH

Oversold signal continues for Mirrabooka indicating upward price movement is likely
Moving Average Envelope /
Oversold signal continues for Mirrabooka indicating upward price movement is likely

[BULLISH]: Mirrabooka current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 2.5555.

Stochastic Oscillator /
Stochastic Oversold signal is still current for Mirrabooka [Bullish]

[BULLISH]: Mirrabooka is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Woodie Pivot Point /
Mirrabooka: Look for a long limit order entry @$2.66

Mirrabooka has broken the first Woodie resistance point ($2.66) [Bullish]. Look for a long limit order entry near this point. Exit price for MIR should be set @$2.705 & Stoploss for Mirrabooka should be set at $2.585

Black Candle /
MIR Basic Candle: Black

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

Ulcer Index /
Recent downward trend has increased drawdown exposure associated with Mirrabooka

MIR: UIX Current Signal -> (1) 14 Aug: High stress (2) 13 Aug: High stress (3) 10 Aug: High stress

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

[BEARISH]: Mirrabooka opened in the middle part of daily range at 50% & closed in the lower part of the trading range at 0%. This suggests the sellers have taken control. Over the last 12 months there has been 40 trading days with the opening price in the middle shadow & the closing the price in the lower shadow giving a confirmation ratio of 15.2%. 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 20%.

MIR: Over the last 12 months there has been 108 trading  days with the closing price in the lower part of the range giving a confirmation ratio of 41.1%.
Close Tod Vs Range Tod /
MIR: Over the last 12 months there has been 108 trading days with the closing price in the lower part of the range giving a confirmation ratio of 41.1%.

[BEARISH]: Mirrabooka sellers in control. There has been 3 consecutive days of prices closing in the lower part of the trading range for Mirrabooka 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 108 trading days with the closing price in the lower part of the range giving a confirmation ratio of 41.1%. Over the last month there has been 6 trading days with the closing price in the lower range giving a confirmation ratio of 60%. Currently this quarter, closing price has spent 16 days in the lower price range compared to 13 days in the upper range giving a ratio of 1.2x.

Volume Rate of Change /
Volume rate of change continues to build for Mirrabooka signalling a short term uptrend is likely

[BULLISH]: Mirrabooka currently has positive volume of change of 4%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -1.1%.

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