NMT | Australian Securities Exchange

Neometals
+ Share

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

[BEARISH]: Neometals currently has negative Volume MACD of -3440. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Ease of Movement for Neometalsis -0.008 [Difficult to Move]
Ease of Movement /
Ease of Movement for Neometalsis -0.008 [Difficult to Move]

NMT: EOM Current Signal -> (1) 18 Oct: BEARISH HARD (2) 17 Oct: BULLISH HARD (3) 16 Oct: NEUTRAL

Detrended Price Oscillator /
Neometals: Detrended Price Oscillator(20) is -0.0208

[BEARISH]: Neometals currently has a confirmed downtrend. Price is currently below the displaced moving average for NMT. Currently, the return on DPO20 is 0.0%.

Open Tod Vs Close Tod /
Open/close reversal confirmed for Neometals signalling the sellers have lost control

NMT: Open today versus close yesterday Recent Trading ->(1) 18 Oct: 100% (2) 17 Oct: 100% (3) 16 Oct: 100%

Elder Ray Index /
Bear power has increased for Neometals signalling bearish conditions are likely

[BEARISH]: Neometals Elder Ray Index is signalling a Bearish movementERI is -0.01 indicating bear power. Prices are being driven below the consensus of value for NMT during the last trading session [Selling Pressure]

Percentage Price /
Price percentage oscillator: Downward momentum is still present for Neometals

[BEARISH]: Neometals currently has negative PPO -3.242%. This means the current price is losing momentum through a fall on the short term exponential moving average.

NMT: Price continues to move above the Upper Donchian Band @$0.275
Donchian Channels /
NMT: Price continues to move above the Upper Donchian Band @$0.275

[BEARISH]: Neometals is currently bearish highlighting the potential for a short term trend continuation in the downward direction.

Simple Moving Average /
Price continues to trade below the Simple Moving Average(15) for NMT

[BEARISH]: Neometals currently has a confirmed downtrend. Recent trading has caused the SMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 0.0%.

Neometals: Confirmation of stock distribution
On Balance Volume /
Neometals: Confirmation of stock distribution

[BEARISH]: Neometals current price has highlighted recent distribution. Currently, the OBV is -133103.

Neometals continues negative divergence & potential shift in direction
Chaikin Money Flow /
Neometals continues negative divergence & potential shift in direction

[BEARISH]: Neometals current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.39. Neometals (ASX:NMT) received a confirmed CMF crossover days on the Sep 13 2018. The bearish signal has been active for 2 days. During the quarter, the lowest CMF value was -0.39 occurring on the Sep 13 2018.

Weighted Moving Average /
Neometals: Closing price $0.245 is below the WMA(15) @$0.249

[BEARISH]: Neometals currently has a confirmed downtrend. Recent trading has caused the WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 0.0%.

Commodity Channel Index /
The current price level for Neometals has fallen below the average

[BULLISH CROSSOVER]: Neometals (ASX:NMT) current price has driven Commodity Channel Index to become oversold signalling the start of bullish trading conditions. Currently, the CCI is -104. During the quarter, the lowest CCI value was -202. The last oversold signal occurred on Oct 17 2018

Moving Average Envelope /
[Bearish crossover]: Neometals current price has driven Envelope Bands to become oversold

[BEARISH]: Neometals current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the short trading conditions. Currently, the Lower Band is 0.247.

ROC continues to fall for Neometals signalling an downtrend will persist
Rate of Change /
ROC continues to fall for Neometals signalling an downtrend will persist

[BEARISH]: Neometals currently has negative rate of change of -5.769%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

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

Neometals current pivot point Camarilla is: $0.243. The current resistance levels are: (R1) $0.265: (R2) $0.286: (R3) $0.306: (R4) $0.367The current support levels are: (S1) $0.225: (S2) $0.205: (S3) $0.184: (S4) $0.124

Daily Volume Index /
Neometals is being actively distributed based on DVI

NMT: DVI Current Signal -> (1) 18 Oct: BEARISH (2) 17 Oct: BEARISH (3) 16 Oct: BEARISH

Pivot Points /
Neometals has moved above the R2 pivot point ($0.248) [Bullish]

Neometals has broken the first resistance point ($0.248) [Bullish]. Look for a long limit order entry near this point. Exit price for NMT should be set @$0.248 & Stoploss for Neometals should be set between $0.238 & $0.236

Woodie Pivot Point /
Woodie pivot point for NMT is bullish. Stoploss should be positioned @$0.239

Neometals has broken the first Woodie resistance point ($0.249) [Bullish]. Look for a long limit order entry near this point. Exit price for NMT should be set @$0.249 & Stoploss for Neometals should be set at $0.239

Distribution signal for Neometals is confirmed
Accumulation / Distribution /
Distribution signal for Neometals is confirmed

[BEARISH]: Neometals (ASX:NMT) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -176750.

Neometals: Buyers are in control at the market close.
Close Tod Vs Range Tod /
Neometals: Buyers are in control at the market close.

[BULLISH]: Neometals buyers are in control at the market close. This is the first day of buyer commitment for Neometals 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 2 trading days with the closing price in the upper part of the range giving a confirmation ratio of 0.8%. Over the last month there has been 2 trading days with the closing price in the upper range giving a confirmation ratio of 14.3%. Currently this quarter, closing price has spent 2 days in the upper price range compared to 4 days in the lower range giving a ratio of 0.5x.

Recent trading indicates Aroon downward trend direction likely for NMT [Strong Downtrend]
Aroon Oscillator /
Recent trading indicates Aroon downward trend direction likely for NMT [Strong Downtrend]

[BEARISH]: Neometals has a current ARU(25) of 32 and a current ARD(25) of 84

Exponential Moving Average /
NMT: Price continues to move below the EMA(15) @$0.2519

[BEARISH]: Neometals currently has a confirmed downtrend. Recent trading has caused the EMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is 0.0%.

Percentage Volume /
Neometals: Percentage Volume Oscillator (-10.97)

[BEARISH]: Neometals currently has negative PVO -10.97%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -2%.

Average Directional Movement /
Daily trading has confirmed an ADX strong trend (27.95) for Neometals

[Trend]: ADX for NMT has confirmed a strong trend is present. Neometals has an ATR(14) of 0.012, a DX of 53.36 & an ADX(14) of 27.95

Demarks Pivot Points /
[Long]: Exit price for NMT should be set @$0.248

Neometals has broken the first DeMark resistance point ($0.2438) [Bullish]. Look for a long limit order entry near this point. Exit price for NMT should be set @$0.248 & Stoploss for Neometals should be set at $0.243

Ulcer index has increased as the price has fallen for Neometals
Ulcer Index /
Ulcer index has increased as the price has fallen for Neometals

[BULLISH]: Neometals UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 8.025.

Positive VROC: Volume is higher for Neometals than 14 days ago
Volume Rate of Change /
Positive VROC: Volume is higher for Neometals than 14 days ago

NMT: VROC Current Signal -> (1) 18 Oct: BULLISH (2) 17 Oct: BULLISH CROSSOVER (3) 16 Oct: BULLISH CROSSOVER

Fibonacci Extensions /
Neometals has broken below the 161.8% extension level ($4.34) [Bullish]

Neometals: The current Fibonacci Extension levels are: (23.61%) $0.24: (38.2%) $0.25: (50%) $0.25: (61.8%) $0.26The current support levels are: (78.6%) $0.27: (100%) $0.28: (138.2%) $0.29: (161.8%) $0.3: (261.8%) $0.35: (423.61%) $0.42

See More   See more results
back to top