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

Macquarie
+ Share

Macquarie  currently has positive momentum of 4.84
Momentum /
Macquarie currently has positive momentum of 4.84

[BULLISH]: Macquarie currently has positive momentum of 4.84. 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 18 days producing a return of 8.2%.

Macquarie  has broken the first Woodie support point ($121.48) [Bearish]
Woodie Pivot Point /
Macquarie has broken the first Woodie support point ($121.48) [Bearish]

Macquarie has broken the first Woodie support point ($121.48) [Bearish]. Look for a short limit order entry near this point. Exit price for MQG should be set @$120.98 & short position stoploss for Macquarie should be set at $123.18

Average True Range /
MQG: Average True Range has confirmed an downtrend @1.955

MQG: Average True Range Recent Trading -> (1) 22 Jun: 1.955 (2) 21 Jun: 2.017 (3) 20 Jun: 1.998

Open Tod Vs Close Tod /
MQG: Over the last 12 months there has been 37 trading days with the opening price in the upper shadow & the closing the price in the middle shadow

[BEARISH WEAK]: Macquarie opened in the upper part of daily range at 88.2% & closed in the middle part of the trading range at 40.9%. This suggests the sellers have lost commitment. Over the last 12 months there has been 37 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 14.1%. Over the last month there has been 4 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 26.7%.

Price Range /
Macquarie : Daily price range is $1.1 [Decreasing Range]

[BEARISH]: Macquarie current downtrend in the first timeframe. Currently, the Range is $1.1.

Weighted Moving Average /
Weighted Moving Average(5) signal continues for Macquarie indicating upward price movement is likely

[BULLISH]: Macquarie currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.6%.

Top companies for
Australian Stock Exchange
Advertisment
Ulcer Index /
Ulcer index has fallen as the price rises for Macquarie

[BEARISH]: Macquarie UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.409.

Bullish trading conditions for Macquarie  has been signalled from the DPO (7.7715)
Detrended Price Oscillator /
Bullish trading conditions for Macquarie has been signalled from the DPO (7.7715)

MQG: DPO Recent Trading -> (1) 22 Jun: 7.7715 (2) 21 Jun: 8.486 (3) 20 Jun: 7.491

MQG: Average Directional Index has confirmed a strong trend @27.64
Average Directional Movement /
MQG: Average Directional Index has confirmed a strong trend @27.64

[Trend]: ADX for MQG has confirmed a strong trend is present. Macquarie has an ATR(14) of 1.955, a DX of 55.13 & an ADX(14) of 27.64

Close Tod Vs Close Yest /
The win ratio for price fall in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.2x

[BEARISH]: Macquarie sellers are keener than buyers and are driving the price down. This is the first day of price decline for MQG adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.3 & the greatest daily negative change this year has been -5.3. The longest consecutive downswing rally over the last 12 months has been 5 days giving a total rally downward movement of -6.9%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -2.5%. 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 1.2x. Over the last month the average daily downward movement has been -0.700000%

Simple Moving Average /
Simple Moving Average(5) signal continues for Macquarie indicating upward price movement is likely

[BULLISH]: Macquarie currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.6%.

Commodity Channel Index /
Macquarie : The CCI overbought signal has been confirmed

[BEARISH]: Macquarie current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 169. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 229.

Volume rate of change(14) is now increasing for Macquarie
Volume Rate of Change /
Volume rate of change(14) is now increasing for Macquarie

[BULLISH CROSSOVER]: Macquarie currently has positive volume of change of 40%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.6%.

William %R for MQG is still above the Overbought limit signalling a bearish movement
Williams %R /
William %R for MQG is still above the Overbought limit signalling a bearish movement

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

Percentage Price /
The current price is still gaining momentum through a rise for MQG on the short term EMA.

[BULLISH]: Macquarie currently has positive PPO 2.045%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Stochastic Oscillator /
Stochastic Overbought signal had been maintained for Macquarie

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

Ease of Movement /
Price was easily moved downward in recent trading on low volume causing an downtrend in price for MQG

MQG: EOM Current Signal -> (1) 22 Jun: BEARISH EASY (2) 21 Jun: BULLISH EASY (3) 20 Jun: BULLISH EASY

[Buying Pressure]: ERI has increased for Macquarie  during the last trading session
Elder Ray Index /
[Buying Pressure]: ERI has increased for Macquarie during the last trading session

MQG: Elder Ray Index Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

MQG Basic Candle: Black
Black Candle /
MQG Basic Candle: Black

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

Macquarie : Direction, extent & volume have increased in recent trading [Buying Pressure]
Elders Force Index /
Macquarie : Direction, extent & volume have increased in recent trading [Buying Pressure]

[BULLISH]: Macquarie current price has highlighted recent buying pressure. Currently, the Elders Force Index is 952374.

Closing Price /
Recent trading for Macquarie fell short of the previous close by -0.6 %

[BEARISH]: Macquarie current downtrend in the first timeframe. Currently, the Close is $122.03.

Daily Volume Index /
MQG: Current trading activity signals DVI accumulation is active

[BULLISH]: Macquarie current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 1014.

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

[BULLISH]: Macquarie currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.6%.

Volume /
Recent trading for MQG has failed to beat the previous volume by -42.5 [Downtrend]

[BEARISH]: Macquarie current volume downtrend in the first timeframe. Volume for MQG is 723663 (-42.5).

Macquarie : Stoploss for short position should be set between $123.197 & $123.714
Pivot Points /
Macquarie : Stoploss for short position should be set between $123.197 & $123.714

Macquarie has broken the first support point ($121.514) [Bearish]. Look for a short limit order entry near this point. Exit price for MQG should be set @$120.997 & short position stoploss for Macquarie should be set between $123.197 & $123.714

Macquarie  is in a short term uptrend with the closing price @$122.03
Sine Weighted Moving Average /
Macquarie is in a short term uptrend with the closing price @$122.03

[BULLISH]: Macquarie currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.6%.

Moving Average Envelope /
MQG: Price continues to move above the Upper Envelope Band @$121.559

[BEARISH]: Macquarie current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 121.559.

See More   See more results
Advertisment
Advertisment
back to top