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

Newcrest Mining
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Newcrest Mining: Close versus price range (10.5%.)
Close Tod Vs Range Tod /
Newcrest Mining: Close versus price range (10.5%.)

[BEARISH]: Newcrest Mining sellers in control. This is the first day of seller commitment for Newcrest Mining 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 85 trading days with the closing price in the lower part of the range giving a confirmation ratio of 32.3%. Over the last month there has been 2 trading days with the closing price in the lower range giving a confirmation ratio of 14.3%. Currently this quarter, closing price has spent 2 days in the lower price range compared to 4 days in the upper range giving a ratio of 0.5x.

[Short]: Limit orders for Newcrest Mining should be set at $0.85
Fibonacci Extensions /
[Short]: Limit orders for Newcrest Mining should be set at $0.85

Newcrest Mining has moved above the 161.8% level ($0.85) [Bearish]. Look for a short limit order entry near this point. Exit price for NCM should be set @$0.75 & short position stoploss for Newcrest Mining should be set at $0.95

Williams %R /
William %R for NCM has crossed below the overbought limit triggering a neutral signal

NCM: William %R Current Signal -> (1) 19 Apr: BULLISH CROSSUNDER (2) 18 Apr: BEARISH CROSSOVER (3) 17 Apr: NEUTRAL

Closing Price /
Newcrest Mining: Daily closing price is $20.11 [Bearish]

NCM: CLOSE Recent Trading -> (1) 19 Apr: 20.11 (2) 18 Apr: 20.28 (3) 17 Apr: 20.13

Demarks Pivot Points /
Limit order for a long position has been identified for Newcrest Mining [Bullish]

Newcrest Mining has broken the first DeMark support point ($20.1588) [Bearish]. Look for a short limit order entry near this point. Exit price for NCM should be set @$19.953 & short position stoploss for Newcrest Mining should be set at $20.238

Aroon Oscillator /
Daily bar has confirmed has confirmed an Aroon strong uptrend is intact for NCM

[BULLISH]: Newcrest Mining has a current ARU(25) of 80 and a current ARD(25) of 16

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Pivot Points /
Stoploss for Newcrest Mining should be set between $19.9 & $19.72

Newcrest Mining has broken the first support point ($20.005) [Bearish]. Look for a short limit order entry near this point. Exit price for NCM should be set @$19.9 & short position stoploss for Newcrest Mining should be set between $20.47 & $20.575

The MACD continues to rise above the signal line for NCM [Bullish]
MACD /
The MACD continues to rise above the signal line for NCM [Bullish]

[BULLISH]: Newcrest Mining currently has positive MACD of 0.136000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -0.4%.

CMF has positive divergence between price and volume
Chaikin Money Flow /
CMF has positive divergence between price and volume

[BULLISH]: Newcrest Mining current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.13. NCM received a confirmed CMF crossover days on the Apr 12 2018.The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.15 occurring on the Apr 12 2018.

Black Candle /
NCM Basic Candle: Black

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

Close Tod Vs Close Yest /
Newcrest Mining: Daily Performance (-0.8%.)

NCM: Recent performance signals ->(1) 19 Apr: NEUTRAL (2) 18 Apr: BULLISH (3) 17 Apr: BULLISH

On Balance Volume /
OBV: Distribution still active for Newcrest Mining

[BEARISH]: Newcrest Mining current price has highlighted recent distribution. Currently, the OBV is -2.64917e+007.

Newcrest Mining: Average True Range (0.295) has confirmed an downtrend is present
Average True Range /
Newcrest Mining: Average True Range (0.295) has confirmed an downtrend is present

[Bearish]: Average True Range has confirmed an downtrend is present. Newcrest Mining has a TR of 0.285, and an ATR(14) of 0.295.

Newcrest Mining: Percentage Volume Oscillator @-9.6 [Bearish]
Percentage Volume /
Newcrest Mining: Percentage Volume Oscillator @-9.6 [Bearish]

[BEARISH]: Newcrest Mining currently has negative PVO -9.6%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 2.7%.

Commodity Channel Index /
NCM is no longer overbought @ 99

[NEUTRAL]: Newcrest Mining current trading has closed out Commodity Channel Index to overbought status and signalled the initiation of normal trading conditions. Currently, the CCI is 99. The previous bearish signal was active for 1 day. During the quarter, the highest CCI value was 205.

Exponential Moving Average /
Newcrest Mining is in a short term downtrend with the resistance price @$20.1246

[BEARISH]: Newcrest Mining 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 -0.8%.

Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal is confirmed for Newcrest Mining indicating downward price movement is likely

[BEARISH]: Newcrest Mining 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 -0.8%.

Daily bar has confirmed has confirmed an ADX a weak trend is intact for NCM
Average Directional Movement /
Daily bar has confirmed has confirmed an ADX a weak trend is intact for NCM

[Weak Trend]: ADX for NCM has confirmed a weak trend is presentNewcrest Mining has an ATR(14) of 0.295, a DX of 11.52 & an ADX(14) of 19.91

Elders Force Index (114301) has signalled bullish conditions in recent trading for NCM
Elders Force Index /
Elders Force Index (114301) has signalled bullish conditions in recent trading for NCM

[BULLISH]: Newcrest Mining current price has highlighted recent buying pressure. Currently, the Elders Force Index is 114301.

The WMA trend following signal is now active for Newcrest Mining [Bearish]
Weighted Moving Average /
The WMA trend following signal is now active for Newcrest Mining [Bearish]

[BEARISH]: Newcrest Mining currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.8%.

Open Tod Vs Close Tod /
Newcrest Mining opened in the lower part of daily range at 28.1% & closed in the lower part of the trading range at 10.5%. This suggests the buyers have lost control.

NCM: Open today versus close yesterday Current Signal ->(1) 19 Apr: BEARISH (2) 18 Apr: BULLISH (3) 17 Apr: BULLISH WEAK

Short Trend /
Newcrest Mining: Uptrend for the daily trend is continued

[BULLISH]: Newcrest Mining is in an uptrend in the short term timeframe. The buyers have dominated the daily trade, however further confirmation is required before taking a position.

Range Tod Vs Range Yest /
Newcrest Mining: Buyers continue to be increasingly eager.

[BULLISH]: Newcrest Miningbuyers are increasingly eager. There has been 4 consecutive days of range increase for NCM adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.86 & the greatest daily price range this year has been $4.355. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.2x.

Elder Ray Index /
Bull power has increased for Newcrest Mining signalling bullish conditions are likely

[BULLISH]: Newcrest MiningElder Ray Index is signalling a Bullish movementERI is 0.334 indicating bull power. Prices are being driven above the consensus of value for NCM during the last trading session [Buying Pressure]

Ulcer index has fallen as the price rises for Newcrest Mining
Ulcer Index /
Ulcer index has fallen as the price rises for Newcrest Mining

NCM: UIX Current Signal -> (1) 19 Apr: Low stress (2) 18 Apr: Low stress (3) 17 Apr: Low stress

Newcrest Mining has reached a new volume high of 2.38118e+006 (32.7)
Volume /
Newcrest Mining has reached a new volume high of 2.38118e+006 (32.7)

[BULLISH]: Newcrest Mining current volume uptrend in the first timeframe. Volume for NCM is2.38118e+006 (32.7).

MACD Volume /
Volume MACD oscillator is now positive for NCM

NCM: Volume MACD Recent Trading -> (1) 19 Apr: 13628 (2) 18 Apr: -30859 (3) 17 Apr: -32765

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