[BULLISH]: Ooh!Media has formed a White Opening Marubozu candlestick. This means, OML has received strong buying confidence and upward price movement over the trading day with only a small upper shadow present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.
[BEARISH]: Ooh!Media UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.748.
[BULLISH]: Ooh!Media has a current ARO(25) of 20. This has change 72 points from yesterday.
[BEARISH]: Ooh!Media has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Feb 8 2018.
Australian Stock Exchange
Argo Investments managing director Jason Beddow said losses and writedowns at Bunnings' two-year-old home improvement business in the UK could dent Wesfarmers' appetite for acquisitions, especially offshore, forcing the conglomerate to focus on the low-growth Australian market.
[BULLISH]: Ooh!Media is in an uptrend in the short term timeframe. The current rally number is 2 & the highest rally count for the LTM is 5
[BULLISH]: Ooh!Media currently has positive momentum of 0.31. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 4.5%. The largest upward momentum rally for the last 3 months is 2 days producing a return of 4.5%%.
[BULLISH CROSSOVER]: Ooh!Media currently has positive volume of change of 466%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 4.5%.
[BULLISH]: Ooh!Media is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.
[BEARISH]: Ooh!Media current uptrend in the first timeframe. Currently, the Low is $4.44 (1.1 %).
[BULLISH]: Ooh!Media buyers are in control at the market close. This is the first day of buyer commitment for Ooh!Media 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 85 trading days with the closing price in the upper part of the range giving a confirmation ratio of 33.3%. Over the last month there has been 9 trading days with the closing price in the upper range giving a confirmation ratio of 75%. Currently this quarter, closing price has spent 10 days in the upper price range compared to 11 days in the lower range giving a ratio of 0.9x.
OML: EOM Current Signal -> (1) 19 Feb: BULLISH EASY (2) 16 Feb: BULLISH EASY (3) 15 Feb: BEARISH HARD
OML: MACD Current Signal -> (1) 19 Feb: BULLISH CROSSOVER (2) 16 Feb: BEARISH CROSSOVER (3) 15 Feb: BEARISH CROSSOVER
[BULLISH]: Ooh!Media currently has a confirmed uptrend. Price is currently above the displaced moving average for OMLCurrently, the return on DPO20 is 4.5%.
[BULLISH]: Ooh!Media current price has highlighted recent buying pressure. Currently, the Elders Force Index is 8958.
Ooh!Media has broken the first DeMark resistance point ($4.61) [Bullish]. Look for a long limit order entry near this point. Exit price for OML should be set @$4.78 & Stoploss for Ooh!Media should be set at $4.53
Ooh!Media: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for OML
[BULLISH]: Ooh!Media current accumulation has given strength to the share price and the continuation of bullish trading conditions.
[Weak Trend]: ADX for OML has confirmed a weak trend is presentOoh!Media has an ATR(14) of 0.123, a DX of 25.85 & an ADX(14) of 21.01
[BULLISH]: Ooh!Media 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 4.5%.
Ooh!Media current pivot point is: 4.583. The current resistance levels are: (R1) $4.726: (R2) $4.833: (R3) $4.976: The current support levels are: (S1) $4.476: (S2) $4.333: (S3) $4.226