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

Nearmap
+ Share

Nearmap opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 40%. This suggests the buyers have lost commitment.
Open Tod Vs Close Tod /
Nearmap opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 40%. This suggests the buyers have lost commitment.

[BULLISH WEAK]: Nearmap opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 40%. This suggests the buyers have lost commitment. Over the last 12 months there has been 39 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 14.8%. Over the last month there has been 4 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 33.3%.

Upper envelopes overbought signal had been maintained for Nearmap
Moving Average Envelope /
Upper envelopes overbought signal had been maintained for Nearmap

[BEARISH]: Nearmap current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 1.029.

Triangular Moving Average /
The TMA trend following signal is still current for Nearmap [Bullish]

NEA: TMA Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

MACD Volume /
The Volume MACD continues to fall below the signal line for NEA [Bearish]

[BEARISH]: Nearmap currently has negative Volume MACD of -88653. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Percentage Price /
Nearmap: Price Percentage Oscillator

NEA: PPO Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH CROSSOVER (3) 15 Jun: BULLISH CROSSOVER

Daily Volume Index /
Nearmap: Current trading activity signals DVI accumulation is present

[BULLISH]: Nearmap current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 889.

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Pivot Points /
Limit order for a long position has been identified for Nearmap [Bullish]

Nearmap has broken the first resistance point ($1.086) [Bullish]. Look for a long limit order entry near this point. Exit price for NEA should be set @$1.113 & Stoploss for Nearmap should be set between $1.013 & $0.986

ROC continues to rise for Nearmap signalling an uptrend will persist
Rate of Change /
ROC continues to rise for Nearmap signalling an uptrend will persist

NEA: ROC Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Nearmap has initiated a negative volume rate of change of -42
Volume Rate of Change /
Nearmap has initiated a negative volume rate of change of -42

[BEARISH CROSSOVER]: Nearmap currently has negative rate of change of -42%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 2.4%.

On Balance Volume /
Traders are currently accumulating Nearmap

[BULLISH]: Nearmap current price has highlighted recent accumulation. Currently, the OBV is 6.11882e+006.

Percentage Volume /
Percentage volume oscillator is now negative for NEA

[BEARISH CROSSOVER]: Nearmap currently has negative PVO -3.18%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 0%.

Accumulation / Distribution /
Distribution still active for Nearmap

[BEARISH]: Nearmap current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -5.09187e+006.

The SMA trend following signal is now active for Nearmap [Bullish]
Simple Moving Average /
The SMA trend following signal is now active for Nearmap [Bullish]

[BULLISH]: Nearmap 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 2.4%.

Weaker volume performance from NEA has seen a lower volume of -57.0 [Downtrend]
Volume /
Weaker volume performance from NEA has seen a lower volume of -57.0 [Downtrend]

[BEARISH]: Nearmap current volume downtrend in the first timeframe. Volume for NEA is 268592 (-57.0).

Low Price /
Nearmap: Daily low performance is 0.5 % [Uptrend]

NEA: LOW Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BEARISH (3) 15 Jun: BULLISH

High Price /
NEA has achieved a lower high of $1.09 (-0.5 %)

[BEARISH]: Nearmap current downtrend in the first timeframe. Currently, the HIGH is -0.5 %.

Closing Price /
[Bullish]: A higher close performance for NEA by 2.4 % achieved during last session

[BULLISH]: Nearmap current uptrend in the first timeframe. Currently, the Close is $1.06.

DPO for NEA has confirmed price is currently above the displaced moving average
Detrended Price Oscillator /
DPO for NEA has confirmed price is currently above the displaced moving average

[BULLISH]: Nearmap currently has a confirmed uptrend. Price is currently above the displaced moving average for NEA. Currently, the return on DPO20 is 2.4%.

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

NEA: Elders Force Index Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Nearmap: Daily opening price is $1.04
Opening Price /
Nearmap: Daily opening price is $1.04

[BULLISH]: Nearmap opening price has gapped up. Currently, the OPEN is $1.04 (-3.3 %).

Exponential Moving Average /
[Uptrend]: Recent trading for NEA confirms bullish EMA(5) signal

[BULLISH]: Nearmap 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 2.4%.

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

Nearmap has broken the first DeMark resistance point ($1.0700) [Bullish]. Look for a long limit order entry near this point. Exit price for NEA should be set @$1.1 & Stoploss for Nearmap should be set at $1.05

Medium Trend /
Recent trading indicates a continuation in T2 upward trend direction NEA [Uptrend]

[BULLISH]: Nearmap has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 6 2018.

Average Directional Movement /
Daily trading has confirmed an ADX strong trend (32.02) for Nearmap

NEA: Average Directional Index Recent Trading -> (1) 19 Jun: 32.02 (2) 18 Jun: 30.03 (3) 15 Jun: 27.89

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

NEA: Elder Ray Index Current Signal -> (1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

The SWMA trend following signal is now active for Nearmap [Bullish]
Sine Weighted Moving Average /
The SWMA trend following signal is now active for Nearmap [Bullish]

[BULLISH]: Nearmap 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 2.4%.

Bill Williams Market Facilitation /
Trend continuation possible for NEA from reduced trading activity

NEA: BWMF Current Signal -> (1) 19 Jun: Fake Day (2) 18 Jun: Green Day (3) 15 Jun: Green Day

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