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

Maca
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[Short]: Exit price for MLD should be set @$1.494
Camarilla Pivot Points /
[Short]: Exit price for MLD should be set @$1.494

Maca has broken the first Camarilla support point ($1.642) [Bearish]. Look for a short limit order entry near this point. Exit price for MLD should be set @$1.494 & short position stoploss for Maca should be set between $2.086 & $2.235

Limit order for a short position has been identified for Maca [Bearish]
Pivot Points /
Limit order for a short position has been identified for Maca [Bearish]

Maca has broken the first support point ($1.766) [Bearish]. Look for a short limit order entry near this point. Exit price for MLD should be set @$1.743 & short position stoploss for Maca should be set between $1.813 & $1.836

Exponential Moving Average /
[Bullish]: Trend following indicator for MLD highlights upward price direction is likely

MLD: EMA(5) Recent Trading -> (1) 11 Jan: 1.77324 (2) 11 Jan: 3.51847 (3) 11 Jan: 2.75337

Percentage Price /
Price percentage oscillator has positive momentum signalling a commencement of upward price rise for MLD

MLD: PPO Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: BULLISH

Stochastic Oscillator /
Stochastic signal has just been triggered for Maca

[BEARISH]: Maca is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Triangular Moving Average /
Maca is in a short term uptrend with the support price @$1.763

[BULLISH]: Maca 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 0.6%.

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Two White Soldiers /
Maca: Two White Soldiers

[BULLISH]: Maca has formed a new Two White Soldiers pattern.

Elders Force Index (6037) has signalled bullish conditions in recent trading for MLD
Elders Force Index /
Elders Force Index (6037) has signalled bullish conditions in recent trading for MLD

MLD: Elders Force Index Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

Price continues to trade above the Weighted Moving Average(5) for MLD
Weighted Moving Average /
Price continues to trade above the Weighted Moving Average(5) for MLD

MLD: WMA Current Signal -> (1) 11 Jan: BEARISH CROSSOVER (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH CROSSOVER

Close Tod Vs Close Yest /
Daily trading performance for MLD has continued a short term uptrend

[BULLISH]: Macabuyers are keener than sellers and are driving the price up. There has been 2 consecutive days of price rise for MLD adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 2.6 & the greatest daily positive change this year has been 2.6. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 13.3%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 2.6%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.2x. Over the last month the average daily upward movement has been 1.3%

Price Range /
Range for MLD has surpassed the range of the previous trading session

MLD: Price Range Current Signal -> (1) 11 Jan: NEUTRAL (2) 10 Jan: NEUTRAL (3) 09 Jan: BEARISH

Relative Strength Index /
Relative Strength Index for MLD has crossed above the overbought limit triggering a bearish crossover signal

[BEARISH]: Maca is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @77.0231

Limit order for a long position has been identified for Maca @$17.19
Fibonacci Extensions /
Limit order for a long position has been identified for Maca @$17.19

Maca has moved below the 161.8% level ($17.19) [Bullish]. Look for a long limit order entry near this point. Exit price for MLD should be set @$16.17 & Stoploss for Maca should be set at $18.21

Close Tod Vs Range Tod /
Trading for Maca highlights the commitment of buyers to carry positions overnight.

[BULLISH]: Maca 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 Maca 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 110 trading days with the closing price in the upper part of the range giving a confirmation ratio of 42.1%. 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.

Open Tod Vs Close Tod /
MLD: Over the last 12 months there has been 21 trading days with the opening price in the middle shadow & the closing the price in the upper shadow

MLD: Open today versus close yesterday Current Signal ->(1) 11 Jan: BULLISH (2) 11 Jan: BULLISH WEAK (3) 11 Jan: BULLISH STRONG

Williams %R /
William %R overbought signal had been initiated for Maca

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

Positive momentum on the MACD histogram for MLD has been confirmed & supports a bullish move is likely
MACD /
Positive momentum on the MACD histogram for MLD has been confirmed & supports a bullish move is likely

[BULLISH CROSSOVER]: Maca currently has positive MACD of 0.025000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 1.2%.

Maca: Daily opening performance is 0.9 % [Downntrend]
Opening Price /
Maca: Daily opening performance is 0.9 % [Downntrend]

MLD: OPEN Current Signal -> (1) 11 Jan: BEARISH (2) 10 Jan: BEARISH (3) 09 Jan: BULLISH

Volume MACD oscillator is now negative for MLD
MACD Volume /
Volume MACD oscillator is now negative for MLD

[BEARISH CROSSOVER]: Maca currently has negative Volume MACD of -92210. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Average True Range /
MLD: Average True Range has confirmed an downtrend @0.054

[Bearish]: Average True Range has confirmed an downtrend is present. Maca has a TR of 0.035, and an ATR(14) of 0.054.

Moving Average Envelope /
Closing price for MLD has crossed above the upper envelope triggering a bearish crossover signal

[BEARISH CROSSOVER]: Maca current price has driven Envelope Bands to become overbought signalling the start of bearish trading conditions. Currently, the Upper Band is 1.7535.

Medium Trend /
MLD: Medium term trend has confirmed an Uptrend

[BULLISH]: Maca is in an uptrend in the medium term timeframe. The current rally number is 2 & the highest rally count for the LTM is 77. The highest rally for the month is 8

On Balance Volume /
Market conditions are indicating OBV accumulation is current for MLD

[BULLISH]: Maca current price has highlighted recent accumulation. Currently, the OBV is 2.09247e+007.

Maca has moved below the S1 Woodie pivot point ($1.772) [Bearish]
Woodie Pivot Point /
Maca has moved below the S1 Woodie pivot point ($1.772) [Bearish]

Maca has broken the first Woodie support point ($1.772) [Bearish]. Look for a short limit order entry near this point. Exit price for MLD should be set @$1.746 & short position stoploss for Maca should be set at $1.816

Maca: Detrended Price Oscillator(20) is 0.1552 [Bullish Crossover]
Detrended Price Oscillator /
Maca: Detrended Price Oscillator(20) is 0.1552 [Bullish Crossover]

MLD: DPO Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: BULLISH

Momentum /
Momentum(5) is now increasing for Maca

[BULLISH CROSSOVER]: Maca currently has positive momentum of 0.035. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.6%. The largest upward momentum rally for the last 3 months is 1 days producing a return of 2.6%%.

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