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

Milton Corporation
+ Share

Milton Corporation: Sellers have taken control.
Open Tod Vs Close Tod /
Milton Corporation: Sellers have taken control.

[BEARISH]: Milton Corporation opened in the middle part of daily range at 33.300000000000000% & closed in the lower part of the trading range at 0.000000000000000%. This suggests the sellers have taken control. Over the last 12 months there has been 43 trading days with the opening price in the middle shadow & the closing the price in the lower shadow giving a confirmation ratio of 16.3%. 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 12.5%.

The EMA trend following signal is now active for Milton Corporation [Bearish]
Exponential Moving Average /
The EMA trend following signal is now active for Milton Corporation [Bearish]

[BEARISH]: Milton Corporation 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%.

MACD Volume /
MLT: Volume Moving Average Convergence Divergence [Bearish]

MLT: Volume MACD Current Signal -> (1) 23 Apr: BEARISH (2) 20 Apr: BEARISH CROSSOVER (3) 19 Apr: BULLISH

On Balance Volume /
OBV: Distribution still active for Milton Corporation

[BEARISH]: Milton Corporation current price has highlighted recent distribution. Currently, the OBV is -820919.0000.

Williams %R /
Initiation of oversold signal for Milton Corporation [Bullish Crossover]

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

Elders Force Index /
Elders Force Index (-561.0000) has signalled bearish conditions in recent trading for MLT

[BEARISH]: Milton Corporation current price has highlighted recent selling pressure. Currently, the Elders Force Index is -561.0000.

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Average Directional Movement /
MLT: Average Directional Index has confirmed a strong trend @29.1100

[Trend]: ADX for MLT has confirmed a strong trend is presentMilton Corporation has an ATR(14) of 0.0300, a DX of 11.6000 & an ADX(14) of 29.1100

Pivot point for MLT is bearish. Stoploss should be positioned @$4.5100
Pivot Points /
Pivot point for MLT is bearish. Stoploss should be positioned @$4.5100

Milton Corporation has broken the first support point ($4.4600) [Bearish]. Look for a short limit order entry near this point. Exit price for MLT should be set @$4.4500 & short position stoploss for Milton Corporation should be set between $4.5100 & $4.5200

[Bearish]: Milton Corporation has opened -0.2 % weaker
Opening Price /
[Bearish]: Milton Corporation has opened -0.2 % weaker

[BEARISH]: Milton Corporation opening price has gapped down. Currently, the OPEN is $4.4800 (-0.2 %).

Demarks Pivot Points /
Milton Corporation: Look for a long limit order entry @$4.4775

Milton Corporation has broken the first DeMark support point ($4.4775) [Bearish]. Look for a short limit order entry near this point. Exit price for MLT should be set @$4.4550 & short position stoploss for Milton Corporation should be set at $4.4850

Volume /
Milton Corporation: Daily volume is 165289 [Higher Volume]

[BULLISH]: Milton Corporation current volume uptrend in the first timeframe. Volume for MLT is165289 (38.9).

Daily Volume Index /
Milton Corporation: Current trading activity signals DVI distribution is present

[BEARISH]: Milton Corporation current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -184.0000.

Milton Corporation: Inverted Hammer
Inverted Hammer /
Milton Corporation: Inverted Hammer

MLT: Star Candlestick Current Signal -> (1) 23 Apr: BULLISH (2) 20 Apr: NEUTRAL (3) 19 Apr: NEUTRAL

Ulcer index has fallen as the price rises for Milton Corporation
Ulcer Index /
Ulcer index has fallen as the price rises for Milton Corporation

MLT: UIC Recent Trading -> (1) 23 Apr: 1.8640 (2) 20 Apr: 2.0230 (3) 19 Apr: 2.1860

Rate of Change /
ROC continues to fall for Milton Corporation signalling an downtrend will persist

[BEARISH]: Milton Corporation currently has negative rate of change of -0.7000%. 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

Close Tod Vs Close Yest /
This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -1.3%

[BEARISH]: Milton Corporationsellers are keener than buyers and are driving the price down. This is the first day of price decline for MLT adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.1 & the greatest daily negative change this year has been -3.6. The longest consecutive downswing rally over the last 12 months has been 3 days giving a total rally downward movement of -4.6%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -1.3%. 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 1.1x. Over the last month the average daily downward movement has been -0.500000%

Range Tod Vs Range Yest /
Milton Corporation: Sellers are now becoming less eager.

[WEAK BULLISH]: Milton Corporationsellers are becoming less eager. This is the first day sellers have decreased eagerness for MLT reducing strength to a downtrend in the first timeframe. The biggest price range this month has been $0.0800 & the greatest daily price range this year has been $0.3400. The price range ratio this week versus the quarterly price range is 0.4000000000000000000x & the price range ratio this month versus the year to date price range is 0.2000000000000000000x.

Milton Corporation: Elder Ray Index is 0.0090 [Bullish]
Elder Ray Index /
Milton Corporation: Elder Ray Index is 0.0090 [Bullish]

[BULLISH]: Milton CorporationElder Ray Index is signalling a Bullish movementERI is 0.0090 indicating bull power. Prices are being driven above the consensus of value for MLT during the last trading session [Buying Pressure]

[Bearish]: Lower low has formed for MLT by -0.2 % during the last trading session
Low Price /
[Bearish]: Lower low has formed for MLT by -0.2 % during the last trading session

[BULLISH]: Milton Corporation current downtrend in the first timeframe. Currently, the Low is $4.4700 (-0.2 %).

Seller commitment has continued for Milton Corporation adding strength to an downtrend in the first timeframe
Close Tod Vs Range Tod /
Seller commitment has continued for Milton Corporation adding strength to an downtrend in the first timeframe

[BEARISH]: Milton Corporation sellers in control. There has been 3 consecutive days of prices closing in the lower part of the trading range for Milton Corporation 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 111 trading days with the closing price in the lower part of the range giving a confirmation ratio of 42.2%. Over the last month there has been 7 trading days with the closing price in the lower range giving a confirmation ratio of 43.8%. Currently this quarter, closing price has spent 7 days in the lower price range compared to 2 days in the upper range giving a ratio of 3.5x.

High Price /
Weaker price performance from MLT has seen a lower high of -0.4 % [Downtrend]

MLT: HIGH Current Signal -> (1) 23 Apr: BEARISH (2) 20 Apr: BULLISH (3) 19 Apr: NEUTRAL

Pivot Reversal /
A short term Pivot Reversal has formed with Milton Corporation

MLT: Bar Reversal Current Signal -> (1) 23 Apr: BEARISH (2) 20 Apr: NEUTRAL (3) 19 Apr: NEUTRAL

Stochastic Oscillator /
Initiation of oversold signal for Milton Corporation [Bullish Crossover]

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

Chaikin Money Flow /
Selling pressure for Milton Corporation continues - bearish signal

[BEARISH]: Milton Corporation current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.1600. MLT received a confirmed CMF crossover days on the Jan 5 2018.The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.38 occurring on the Jan 5 2018.

Confirmation of Milton Corporation is currently being distributed
Accumulation / Distribution /
Confirmation of Milton Corporation is currently being distributed

[BEARISH]: Milton Corporation current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1603438.0000. day.

Oversold signal for the Lower Envelope band is still current for Milton Corporation
Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Milton Corporation

[BULLISH]: Milton Corporation current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 4.2940.

Percentage Price /
PPO has negative momentum signalling a continuation of downward price fall for MLT

[BEARISH]: Milton Corporation currently has negative PPO -0.5000%. This means the current price is losing momentum through a fall on the short term exponential moving average.

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