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

NIB
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Traders are currently Distributing NIB
Accumulation / Distribution /
Traders are currently Distributing NIB

NHF: ADLINE Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH

Price for NHF has opened weaker than close of the previous trading session
Opening Price /
Price for NHF has opened weaker than close of the previous trading session

[BEARISH]: NIB opening price has gapped down. Currently, the OPEN is $5.7200 (-1.7 %).

On Balance Volume /
OBV: Distribution still active for NIB

[BEARISH]: NIB current price has highlighted recent distribution. Currently, the OBV is -6554360.0000.

Price Range /
Range for NHF has surpassed the range of the previous trading session

[BULLISH]: NIB current uptrend in the first timeframe. Currently, the Range is $0.2150.

Moving Average Envelope /
Envelope bands Oversold signal is still current for NIB [Bullish]

[BULLISH]: NIB current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 5.9185.

Commodity Channel Index /
The current price level for NIB is maintained below the average

[BULLISH]: NIB current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -150.0000. The bullish signal has been active for 8 days. During the quarter, the lowest CCI value was -162.

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Close Tod Vs Range Tod /
NIB closed in the lower part of daily range at 11.600000000000000%.

[BEARISH]: NIB sellers in control. There has been 3 consecutive days of prices closing in the lower part of the trading range for NIB 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 66 trading days with the closing price in the lower part of the range giving a confirmation ratio of 25.1%. Over the last month there has been 6 trading days with the closing price in the lower range giving a confirmation ratio of 40%. Currently this quarter, closing price has spent 6 days in the lower price range compared to 3 days in the upper range giving a ratio of 2x.

NIB: Daily low performance (-3.6 %)
Low Price /
NIB: Daily low performance (-3.6 %)

[BULLISH]: NIB current downtrend in the first timeframe. Currently, the Low is $5.5050 (-3.6 %).

Prices are being driven below the consensus of value for NHF [Bearish]
Elder Ray Index /
Prices are being driven below the consensus of value for NHF [Bearish]

[BEARISH]: NIBElder Ray Index is signalling a Bearish movementERI is -0.4130 indicating bear power. Prices are being driven below the consensus of value for NHF during the last trading session [Selling Pressure]

Triangular Moving Average /
NIB is in a short term downtrend with the resistance price @$5.8450

[BEARISH]: NIB 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 -3.5%.

Exponential Moving Average /
[Bearish]: Trend following indicator for NHF highlights downward price direction is likely

[BEARISH]: NIB 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 -3.5%.

Woodie Pivot Point /
NIB has broken the first Woodie support point ($5.4220) [Bearish]

NIB has broken the first Woodie support point ($5.4220) [Bearish]. Look for a short limit order entry near this point. Exit price for NHF should be set @$5.3560 & short position stoploss for NIB should be set at $5.7860

Volume MACD oscillator remains positive for NHF
MACD Volume /
Volume MACD oscillator remains positive for NHF

[BULLISH]: NIB currently has positive Volume MACD of 40997.0000. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

NIB: Range Performance (95.5)
Range Tod Vs Range Yest /
NIB: Range Performance (95.5)

[BEARISH]: NIBsellers are increasingly eager. This is the first day sellers have increasing eagerness for NHF adding strength to a downtrend in the first timeframe. The biggest price range this month has been $0.8750 & the greatest daily price range this year has been $1.6950. The price range ratio this week versus the quarterly price range is 0.5000000000000000000x & the price range ratio this month versus the year to date price range is 0.5000000000000000000x.

Open Tod Vs Close Tod /
NIB: Sellers were in control all day.

[BEARISH STRONG]: NIB opened in the upper part of daily range at 100.000000000000000% & closed in the lower part of the trading range at 11.600000000000000%. This suggests the sellers were in control all day. Over the last 12 months there has been 34 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 12.9%. Over the last month there has been 6 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 40%.

Short Trend /
First timeframe trend of NIB remains as an Downtrend

[BEARISH]: NIB is in a downtrend in the short term timeframe. The current rally number is 3 & the highest rally count for the LTM is 4

Aroon Oscillator /
Aroon oscillator for NIB has signalled a strong downtrend is active

[BEARISH]: NIB has a current ARU(25) of 4.0000 and a current ARD(25) of 100.0000

NHF Basic Candle: Black
Black Candle /
NHF Basic Candle: Black

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

Recent trading for NIB fell short of the previous close by -3.5 %
Closing Price /
Recent trading for NIB fell short of the previous close by -3.5 %

[BEARISH]: NIB current downtrend in the first timeframe. Currently, the Close is $5.5300.

Ulcer index has increased in stress level & high drawdown is expected for NHF
Ulcer Index /
Ulcer index has increased in stress level & high drawdown is expected for NHF

[BULLISH]: NIB UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 9.3710.

Daily Volume Index /
DVI: Distribution still active for NIB

NHF: DVI Recent Trading -> (1) 20 Apr: -2325.0000 (2) 19 Apr: -1505.0000 (3) 18 Apr: -1210.0000

Average Directional Movement /
NHF: Average Directional Index has confirmed a strong trend @46.7100

[Trend]: ADX for NHF has confirmed a strong trend is presentNIB has an ATR(14) of 0.1300, a DX of 71.5300 & an ADX(14) of 46.7100

Medium Trend /
NIB has maintained the 2nd timeframe trend [Downtrend]

NHF: Medium Term Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH

High Price /
[Bearish]: NIB has failed beat previous high by -1.7 %

[BEARISH]: NIB current downtrend in the first timeframe. Currently, the HIGH is -1.7 %.

NIB: Percentage Volume Oscillator (4.3700)
Percentage Volume /
NIB: Percentage Volume Oscillator (4.3700)

[BULLISH CROSSOVER]: NIB currently has positive PVO 4.4000%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.

Price moved on low volume to close lower for the day for NHF [Easily Moved]
Ease of Movement /
Price moved on low volume to close lower for the day for NHF [Easily Moved]

NHF: EOM Recent Trading -> (1) 20 Apr: -3.0240 (2) 19 Apr: -0.7760 (3) 18 Apr: -0.7270

Sine Weighted Moving Average /
[Downtrend]: Recent trading for NHF indicates ST trend is likely to continue

NHF: SWMA Current Signal -> (1) 20 Apr: BULLISH (2) 19 Apr: BULLISH (3) 18 Apr: BULLISH

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