Netcomm

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This is the first day of seller commitment for Netcomm adding strength to an downtrend in the first timeframe

[BEARISH]: Netcomm sellers in control. This is the first day of seller commitment for Netcomm 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 4 trading days with the closing price in the lower part of the range giving a confirmation ratio of 1.5%. Over the last month there has been 4 trading days with the closing price in the lower range giving a confirmation ratio of 22.2%. Currently this quarter, closing price has spent 4 days in the lower price range compared to 3 days in the upper range giving a ratio of 1.3x.

Netcomm is no longer overbought

[NEUTRAL]: Netcomm current trading has closed out Commodity Channel Index to overbought status and signalled the initiation of normal trading conditions. Currently, the CCI is 82. The previous bearish signal was active for 1 day. During the quarter, the highest CCI value was 392.

The biggest downward movement for Netcomm this month has been -0.5

The biggest downward movement for Netcomm this month has been -0.5

[BEARISH]: Netcommsellers are keener than buyers and are driving the price down. This is the first day of price decline for NTC adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -0.5 & the greatest daily negative change this year has been -88.6. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -89.1%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -89.1%. The loss ratio for price decline in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 0.7x. Over the last month the average daily downward movement has been -0.300000%

NTC.AX: Bearish relationship forming between price & volume

[BEARISH]: Netcomm current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.34. Netcomm (ASX:NTC) received a confirmed CMF crossover days on the Mar 13 2019. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.9 occurring on the Mar 13 2019.

Netcomm: 0.618 Fibonacci Fan ($1.08)

Netcomm: The current Fibonacci Fan levels are: (23.61%) $1.09: (38.2%) $1.08: (50%) $1.08: (61.8%) $1.08The current support levels are: (78.6%) $1.08: (100%) $1.08: (138.2%) $1.07: (161.8%) $1.07: (261.8%) $1.06: (423.61%) $1.04

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