###
**Metals X**

+
Share

[BULLISH]: Metals X currently has positive volume of change of 899%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 0%.

[BEARISH]: Metals X currently has negative rate of change of -20.625%. 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

**Momentum(5) is decreasing for Metals X**

MLX: MOM Current Signal -> (1) 19 Jul: BEARISH (2) 18 Jul: BEARISH (3) 17 Jul: BEARISH

**Metals X: Selling pressure remains oversold during trading session**

MLX: MFI Current Signal -> (1) 19 Jul: BEARISH (2) 18 Jul: BEARISH (3) 17 Jul: BEARISH

**Volume for Metals X is now gaining momentum @2.03)**

[BULLISH CROSSOVER]: Metals X currently has positive PVO 2.03%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.

**Positive momentum on the volume MACD histogram for MLX is maintained & supports a bullish move is likely**

[BULLISH]: Metals X currently has positive Volume MACD of 511143. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

**Australian Stock Exchange**

[BEARISH]: Metals X currently has negative PPO -6.748%. This means the current price is losing momentum through a fall on the short term exponential moving average.

MLX: WMA Current Signal -> (1) 19 Jul: BEARISH (2) 18 Jul: BEARISH (3) 17 Jul: BEARISH

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

**MLX: Commodity Channel Index has continued confirmed oversold trading conditions**

[BULLISH]: Metals X current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -136. The bullish signal has been active for 11 days. During the quarter, the lowest CCI value was -188.

**[Downtrend]: Aroon oscillator (-96) strong downtrend has been confirmed for MLX**

[BEARISH]: Metals X has a current ARO(25) of -96. This has change -4 points from yesterday.

MLX: Stochastic Oscillator Signal -> (1) 19 Jul: BULLISH (2) 18 Jul: BULLISH (3) 17 Jul: BULLISH

[BEARISH]: Metals X 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 0.0%.

[Bearish]: Average True Range has confirmed an downtrend is present. Metals X has a TR of 0.015, and an ATR(14) of 0.029.

Metals X has moved above the 161.8% level ($0.52) [Bearish]. Look for a short limit order entry near this point. Exit price for MLX should be set @$0.45 & short position stoploss for Metals X should be set at $0.58

**Bearish trading conditions for Metals X has been signalled from the DPO (-0.1763)**

MLX: DPO Current Signal -> (1) 19 Jul: BEARISH (2) 18 Jul: BEARISH (3) 17 Jul: BEARISH

**Metals X: Look for a long limit order entry @$0.644**

Metals X has broken the first resistance point ($0.644) [Bullish]. Look for a long limit order entry near this point. Exit price for MLX should be set @$0.652 & Stoploss for Metals X should be set between $0.622 & $0.614

[BEARISH]: Metals X currently has negative MACD of -0.0116. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -26.9%.

[BEARISH]: Metals X has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Jun 25 2018.

[BULLISH]: Metals X is currently Oversold highlighting the potential for a short term trend reversal in the upward direction. RSI is currently oversold @24.3

**Woodie pivot point for MLX is bullish. Stoploss should be positioned @$0.621**

Metals X has broken the first Woodie resistance point ($0.642) [Bullish]. Look for a long limit order entry near this point. Exit price for MLX should be set @$0.651 & Stoploss for Metals X should be set at $0.621

**Envelope bands Oversold signal is still current for Metals X [Bullish]**

[BULLISH]: Metals X current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 0.703.

**OBV: Distribution still active for Metals X**

[BEARISH]: Metals X current price has highlighted recent distribution. Currently, the OBV is -1.50431e+007.

**Distribution DVI signal for Metals X is confirmed**

[BEARISH]: Metals X current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -7868.

[BEARISH]: Metals X 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 0.0%.

MLX: Chaikin Oscillator Current Signal -> (1) 19 Jul: BEARISH (2) 18 Jul: BEARISH (3) 17 Jul: BEARISH

[BEARISH]: Metals X 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 0.0%.