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

Mirrabooka
+ Share

Prices are being driven above the consensus of value for MIR [Bullish]
Elder Ray Index /
Prices are being driven above the consensus of value for MIR [Bullish]

[BULLISH]: Mirrabooka Elder Ray Index is signalling a Bullish movementERI is 0.023 indicating bull power. Prices are being driven above the consensus of value for MIR during the last trading session [Buying Pressure]

Range for MIR has not surpassed the range of the previous trading session
Price Range /
Range for MIR has not surpassed the range of the previous trading session

MIR: Price Range Recent Trading -> (1) 24 May: 0.05 (2) 23 May: 0.06 (3) 22 May: 0.04

Range Tod Vs Range Yest /
Mirrabooka: The price range ratio this week versus the quarterly price range is 0.6000000000000000000x

[WEAK BULLISH]: Mirrabooka sellers are becoming less eager. This is the first day sellers have decreased eagerness for MIR reducing strength to a downtrend in the first timeframe. The biggest price range this month has been $0.1900 & the greatest daily price range this year has been $0.2500. The price range ratio this week versus the quarterly price range is 0.6x & the price range ratio this month versus the year to date price range is 0.8x.

Elders Force Index /
Elders Force Index (115) has signalled bullish conditions in recent trading for MIR

[BULLISH]: Mirrabooka current price has highlighted recent buying pressure. Currently, the Elders Force Index is 115.

Rate of Change /
Positive ROC: Price is trading higher for Mirrabooka than 14 days ago

[BULLISH]: Mirrabooka currently has positive rate of change of 1.163%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

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

[BEARISH]: Mirrabooka current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -154236.

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Low Price /
[Bearish]: Mirrabooka has failed beat previous low by -2.2 %

[BULLISH]: Mirrabooka current downtrend in the first timeframe. Currently, the Low is $2.61 (-2.2 %).

Signal line is still above the EMA for Mirrabooka producing positive momentum
Percentage Price /
Signal line is still above the EMA for Mirrabooka producing positive momentum

MIR: PPO Current Signal -> (1) 24 May: BULLISH (2) 23 May: BULLISH (3) 22 May: BULLISH

Mirrabooka: On Balance Volume (284298)
On Balance Volume /
Mirrabooka: On Balance Volume (284298)

[BULLISH]: Mirrabooka current price has highlighted recent accumulation. Currently, the OBV is 284298.

Long Trend /
Mirrabooka: 3rd timeframe trend Uptrend remains intact

[BULLISH]: Mirrabooka is in an uptrend in the medium term timeframe. The current rally number is 165 & the highest rally count for the LTM is 165. The highest rally for the month is 18

Demarks Pivot Points /
Mirrabooka has moved below the S1 DeMark pivot point ($2.6225) [Bearish]

Mirrabooka has broken the first DeMark support point ($2.6225) [Bearish]. Look for a short limit order entry near this point. Exit price for MIR should be set @$2.5850 & short position stoploss for Mirrabooka should be set at $2.635

Volume /
Mirrabooka: Daily volume performance is -25.5 [Downtrend]

[BEARISH]: Mirrabooka current volume downtrend in the first timeframe. Volume for MIR is 74295 (-25.5).

Mirrabooka has broken the first support point ($2.594) [Bearish]
Pivot Points /
Mirrabooka has broken the first support point ($2.594) [Bearish]

Mirrabooka current pivot point is: 2.627. The current resistance levels are: (R1) $2.644: (R2) $2.677: (R3) $2.694: The current support levels are: (S1) $2.594: (S2) $2.577: (S3) $2.544

A short term Gap Down has formed with Mirrabooka
Gap Down /
A short term Gap Down has formed with Mirrabooka

[BULLISH]: A short term Gap Down has formed with Mirrabooka which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 6 occurrences of this bar reversal giving a signal probability of 2.3%.

MACD /
The MACD for MIR is gaining momentum through a rise on the short term EMA

[BULLISH]: Mirrabooka currently has positive MACD of 0.0097. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 1%.

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

[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 -2.2%.

Closed Window /
Mirrabooka: Closed Window

MIR: Continuation Candlestick Current Signal -> (1) 24 May: BEARISH (2) 23 May: NEUTRAL (3) 22 May: NEUTRAL

Mirrabooka: Sellers are in control at the market close.
Close Tod Vs Range Tod /
Mirrabooka: Sellers are in control at the market close.

[BEARISH]: Mirrabooka sellers in control. There has been 2 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 106 trading days with the closing price in the lower part of the range giving a confirmation ratio of 40.3%. Over the last month there has been 10 trading days with the closing price in the lower range giving a confirmation ratio of 55.6%. Currently this quarter, closing price has spent 19 days in the lower price range compared to 16 days in the upper range giving a ratio of 1.2x.

[Uptrend]: Aroon oscillator @44 has confirmed an uptrend for MIR
Aroon Oscillator /
[Uptrend]: Aroon oscillator @44 has confirmed an uptrend for MIR

[BULLISH]: Mirrabooka has a current ARO(25) of 44. This has change 0 points from yesterday.

Triangular Moving Average /
Price is now trading 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 -2.2%.

Woodie Pivot Point /
Mirrabooka has broken the first Woodie support point ($2.586) [Bearish]

Mirrabooka has broken the first Woodie support point ($2.586) [Bearish]. Look for a short limit order entry near this point. Exit price for MIR should be set @$2.573 & short position stoploss for Mirrabooka should be set at $2.673

Volume Rate of Change /
14-day volume rate of change is now decreasing for Mirrabooka

[BEARISH CROSSOVER]: Mirrabooka currently has negative rate of change of -26%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -2.2%.

Opening Price /
[Bearish]: Mirrabooka has opened -2.2 % weaker

[BEARISH]: Mirrabooka opening price has gapped down. Currently, the OPEN is $2.66 (-2.2 %).

MIR Basic Candle: Black Marubozu
Black Marubozu /
MIR Basic Candle: Black Marubozu

[BEARISH]: Mirrabooka has formed a Black Marubozu candlestick. This means, MIR has received strong selling confidence and downward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

CMF highlights continued negative divergence for Mirrabooka
Chaikin Money Flow /
CMF highlights continued negative divergence for Mirrabooka

[BEARISH]: Mirrabooka current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.21. MIR received a confirmed CMF crossover days on the May 7 2018. The bearish signal has been active for 2 days. During the quarter, the lowest CMF value was -0.21 occurring on the May 7 2018.

Average True Range /
Mirrabooka: ATR (0.045) has signalled an uptrend is current

[Bullish]: Average True Range has confirmed an uptrend is present. Mirrabooka has a TR of 0.06, and an ATR(14) of 0.045.

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