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

Ozforex
+ Share

Ozforex  is no longer oversold [Neutral]
Stochastic Oscillator /
Ozforex is no longer oversold [Neutral]

OFX: Stochastic Oscillator Signal -> (1) 11 Jan: BULLISH CROSSUNDER (2) 11 Jan: BULLISH (3) 11 Jan: BEARISH CROSSOVER

Positive ROC confirmation for OFX is a leading indicator for continued price rise
Rate of Change /
Positive ROC confirmation for OFX is a leading indicator for continued price rise

[BULLISH CROSSOVER]: Ozforex currently has positive rate of change of 8.8%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Closing Price /
[Bullish]: Ozforex has beaten previous close by 0.7 %

OFX: CLOSE Current Signal -> (1) 11 Jan: BULLISH (2) 10 Jan: BEARISH (3) 09 Jan: NEUTRAL

MACD Volume /
Volume MACD for Ozforex is now losing momentum @-78125)

[BEARISH CROSSOVER]: Ozforex currently has negative Volume MACD of -78125. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Average Directional Movement /
Average Directional Index for Ozforex has signalled a strong trend is active

[Trend]: ADX for OFX has confirmed a strong trend is presentOzforex has an ATR(14) of 0.033, a DX of 20.1 & an ADX(14) of 29.42

Percentage Volume /
Negative momentum on volume for OFX has been confirmed & supports a bearish move is likely

[BEARISH CROSSOVER]: Ozforex currently has negative PVO -18.4%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 0%.

Top companies for
Australian Stock Exchange
Advertisment
Ease of Movement /
Price was difficult to move upward in recent trading on high volume causing an uptrend in price for OFX

OFX: EOM Recent Trading -> (1) 11 Jan: 0.102 (2) 11 Jan: -28.338 (3) 11 Jan: 0

The current price is still gaining momentum through a rise for OFX on the short term EMA.
Percentage Price /
The current price is still gaining momentum through a rise for OFX on the short term EMA.

[BULLISH]: Ozforex currently has positive PPO 1.400%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Ozforex : Detrended Price Oscillator(20) is 0.1007 [Bullish Crossover]
Detrended Price Oscillator /
Ozforex : Detrended Price Oscillator(20) is 0.1007 [Bullish Crossover]

OFX: DPO Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH CROSSOVER

Average True Range /
Ozforex has signalled an ATR trend present [Downtrend]

[Bearish]: Average True Range has confirmed an downtrend is present. Ozforex has a TR of 0.02, and an ATR(14) of 0.033.

Coles Reaction Day /
OFX: Short term trend has confirmed a rally day

Ozforex : Coles Rally Day has been confirmed A higher high has been achieved for last trading day for OFX

Chaikin Money Flow /
Buying pressure for Ozforex continues - bullish signal

[BULLISH]: Ozforex current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.22. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.26

[Short]: Entry price for OFX should be set @$1.41
Woodie Pivot Point /
[Short]: Entry price for OFX should be set @$1.41

Ozforex has broken the first Woodie support point ($1.41) [Bearish]. Look for a short limit order entry near this point. Exit price for OFX should be set @$1.4 & short position stoploss for Ozforex should be set at $1.44

Ozforex : Daily high performance is 0.4 % [Uptrend]
High Price /
Ozforex : Daily high performance is 0.4 % [Uptrend]

OFX: HIGH Current Signal -> (1) 11 Jan: BULLISH (2) 10 Jan: BEARISH (3) 09 Jan: BULLISH

Pivot Points /
[Short]: Exit price for OFX should be set @$1.4

Ozforex has broken the first support point ($1.41) [Bearish]. Look for a short limit order entry near this point. Exit price for OFX should be set @$1.4 & short position stoploss for Ozforex should be set between $1.44 & $1.45

Open Tod Vs Close Tod /
Ozforex : Sellers have lost commitment.

[BEARISH WEAK]: Ozforex opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 50%. This suggests the sellers have lost commitment. Over the last 12 months there has been 38 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 14.6%. Over the last month there has been 3 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 37.5%.

Volume /
Recent trading for Ozforex fell short of the previous volume by -40.3

[BEARISH]: Ozforex current volume downtrend in the first timeframe. Volume for OFX is147493 (-40.3).

Ozforex : Daily price range is 0.02 [Downtrend]
Price Range /
Ozforex : Daily price range is 0.02 [Downtrend]

[BEARISH]: Ozforex current downtrend in the first timeframe. Currently, the Range is $0.02.

Triangular Moving Average(5) signal continues for Ozforex  indicating downward price movement is likely
Triangular Moving Average /
Triangular Moving Average(5) signal continues for Ozforex indicating downward price movement is likely

OFX: TMA Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BULLISH

Simple Moving Average(5) signal is confirmed for Ozforex  indicating upward price movement is likely
Simple Moving Average /
Simple Moving Average(5) signal is confirmed for Ozforex indicating upward price movement is likely

[BEARISH]: Ozforex currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.7%.

Demarks Pivot Points /
DeMark pivot point for OFX is bearish. Stoploss should be positioned @$1.425

Ozforex has broken the first DeMark support point ($1.4175) [Bearish]. Look for a short limit order entry near this point. Exit price for OFX should be set @$1.405 & short position stoploss for Ozforex should be set at $1.425

Close Tod Vs Close Yest /
Buyers are now keener than sellers for Ozforex & are driving the price up.

[BULLISH]: Ozforex buyers are currently keener than sellers and are driving the price up. This is the first day of price rise for OFX adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 1.7 & the greatest daily positive change this year has been 1.7. The longest consecutive upswing rally over the last 12 months has been 6 days giving a total rally upward movement of 22.4%. This quarter, the largest upswing rally has been 1 days giving a total rally upward movement of 1.7%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1x. Over the last month the average daily upward movement has been 1%

Exponential Moving Average /
Exponential Moving Average(5) signal continues for Ozforex indicating downward price movement is likely

OFX: EMA(5) Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BEARISH CROSSOVER

[Uptrend]: A higher high has been achieved for last trading day for OFX
Short Trend /
[Uptrend]: A higher high has been achieved for last trading day for OFX

[BULLISH]: Ozforex 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.

OFX Basic Candle: Black
Black Candle /
OFX Basic Candle: Black

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

Medium Trend /
Second timeframe trend of Ozforex has signalled an Uptrend

[BULLISH]: Ozforex is in an uptrend in the medium term timeframe. The current rally number is 2 & the highest rally count for the LTM is 51. The highest rally for the month is 8

See More   See more results
Advertisment
Advertisment
back to top