[BULLISH]: Nick Scali current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 6.498.
NCK: EOM Current Signal -> (1) 22 Jun: BEARISH HARD (2) 21 Jun: BEARISH EASY (3) 20 Jun: BEARISH EASY
NCK: HIGH Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH
[BULLISH]: Nick Scali 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 1.2%.
[BULLISH]: Nick Scali currently has positive rate of change of 5.023%. 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
NCK: DPO Recent Trading -> (1) 22 Jun: 0.1295 (2) 21 Jun: 0.032 (3) 20 Jun: 0.05
Australian Stock Exchange
NCK: CLOSE Recent Trading -> (1) 22 Jun: 6.9 (2) 21 Jun: 6.82 (3) 20 Jun: 6.84
[BULLISH]: Nick Scali has a current ARO(25) of 40. This has change 0 points from yesterday.
[BULLISH]: Nick Scali currently has positive MACD of 0.007. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 0.6%.
[BULLISH]: Nick Scali current price has highlighted recent accumulation. Currently, the OBV is 738171.
[BULLISH]: Nick Scali currently has positive Volume MACD of 1060. This means the signal line is greater than the Volume MACD line signalling a bullish movement.
[BULLISH]: Nick Scali Elder Ray Index is signalling a Bullish movementERI is 0.048 indicating bull power. Prices are being driven above the consensus of value for NCK during the last trading session [Buying Pressure]
[BULLISH]: Nick Scali buyers are in control at the market close. This is the first day of buyer commitment for Nick Scali 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 91 trading days with the closing price in the upper part of the range giving a confirmation ratio of 34.6%. Over the last month there has been 4 trading days with the closing price in the upper range giving a confirmation ratio of 26.7%. Currently this quarter, closing price has spent 22 days in the upper price range compared to 18 days in the lower range giving a ratio of 1.2x.
NCK: Medium Term Current Signal -> (1) 22 Jun: BULLISH (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH
NCK: EMA(5) Current Signal -> (1) 22 Jun: BULLISH CROSSOVER (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH CROSSOVER
[BULLISH]: Nick Scali currently has positive PPO 0.374%. This means the current price is gaining momentum through a rise on the short term exponential moving average.
Nick Scali has moved above the 161.8% level ($0.56) [Bearish]. Look for a short limit order entry near this point. Exit price for NCK should be set @$0.79 & short position stoploss for Nick Scali should be set at $0.33
[BULLISH]: Nick Scalibuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for NCK adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 2.5 & the greatest daily positive change this year has been 4.4. The longest consecutive upswing rally over the last 12 months has been 4 days giving a total rally upward movement of 10.1%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 6.4%. 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 1.1x. Over the last month the average daily upward movement has been 1.000000%
[Trend]: ADX for NCK has confirmed a strong trend is present. Nick Scali has an ATR(14) of 0.138, a DX of 37.79 & an ADX(14) of 25.07
[BEARISH]: Nick Scali is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.