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

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

[BULLISH]: Pacsoft currently has positive PPO 0.100%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Price was easily moved downward in recent trading on low volume causing an downtrend in price for PAC
Ease of Movement /
Price was easily moved downward in recent trading on low volume causing an downtrend in price for PAC

PAC: EOM Current Signal -> (1) 11 Jan: BEARISH EASY (2) 11 Jan: BEARISH HARD (3) 11 Jan: BULLISH HARD

Triangular Moving Average /
PAC: Price continues to move below the TMA(5) @$7.098

[BEARISH]: Pacsoft 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 0.6%.

Camarilla Pivot Points /
Camarilla pivot point for PAC is bearish. Stoploss should be positioned @$8.162

Pacsoft current pivot point Camarilla is: $6.973. The current resistance levels are: (R1) $7.581: (R2) $8.162: (R3) $8.743: (R4) $10.486The current support levels are: (S1) $6.419: (S2) $5.838: (S3) $5.257: (S4) $3.514

Close Tod Vs Range Tod /
Pacsoft: Close versus price range (75%.)

[BULLISH]: Pacsoft buyers are in control at the market close. There has been 2 consecutive days of prices closing in the upper part of the trading range for Pacsoft 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 118 trading days with the closing price in the upper part of the range giving a confirmation ratio of 45.2%. Over the last month there has been 8 trading days with the closing price in the upper range giving a confirmation ratio of 100%. Currently this quarter, closing price has spent 8 days in the upper price range compared to 7 days in the lower range giving a ratio of 1.1x.

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

[BEARISH]: Pacsoft currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.6%.

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Chaikin Money Flow /
Chaikin Oscillator crossover confirmed signalling potential entry for Pacsoft

[BULLISH CROSSOVER]: Pacsoft current price has highlighted recent buying pressure and the start of a bullish trading conditions. Currently, the CMF is 0.21. During the quarter, the highest CMF value was 0.36

Over the last month the average daily win ratio has been 1%
Close Tod Vs Close Yest /
Over the last month the average daily win ratio has been 1%

[BULLISH]: Pacsoftbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for PAC adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 1.4 & the greatest daily positive change this year has been 1.4. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 23.8%. This quarter, the largest upswing rally has been 1 days giving a total rally upward movement of 1.4%. 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%

The Volume MACD for PAC is gaining momentum through a rise on the short term EMA
MACD Volume /
The Volume MACD for PAC is gaining momentum through a rise on the short term EMA

[BULLISH]: Pacsoft currently has positive Volume MACD of 15838. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Two White Soldiers /
Pacsoft: Two White Soldiers

[BULLISH]: Pacsoft has formed a new Two White Soldiers pattern.

Rate of Change /
Pacsoft has initiated a negative rate of change of -4.762

[BEARISH CROSSOVER]: Pacsoft currently has negative rate of change of -4.8%. 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

Demarks Pivot Points /
Limit order for a short position has been identified for Pacsoft [Bearish]

Pacsoft has broken the first DeMark support point ($6.99) [Bearish]. Look for a short limit order entry near this point. Exit price for PAC should be set @$6.94 & short position stoploss for Pacsoft should be set at $7.1

Daily trading has confirmed an ADX strong trend (25.01) for Pacsoft
Average Directional Movement /
Daily trading has confirmed an ADX strong trend (25.01) for Pacsoft

[Trend]: ADX for PAC has confirmed a strong trend is presentPacsoft has an ATR(14) of 0.162, a DX of 28.27 & an ADX(14) of 25.01

Accumulation has commenced for Pacsoft
Accumulation / Distribution /
Accumulation has commenced for Pacsoft

[BULLISH CROSSOVER]: Pacsoft current price has highlighted the commencement of accumulation and the start of bullish trading conditions.

On Balance Volume /
Pacsoft is being actively distributed based on OBV

[BEARISH]: Pacsoft current price has highlighted recent distribution. Currently, the OBV is -2096.

Pivot Points /
[Short]: Exit price for PAC should be set @$6.813

Pacsoft has broken the first support point ($6.906) [Bearish]. Look for a short limit order entry near this point. Exit price for PAC should be set @$6.813 & short position stoploss for Pacsoft should be set between $7.133 & $7.226

Open Tod Vs Close Tod /
Pacsoft opened in the lower part of daily range at 0% & closed in the upper part of the trading range at 75%. This suggests the buyers were in control all day.

PAC: Open today versus close yesterday Current Signal ->(1) 11 Jan: BULLISH STRONG (2) 11 Jan: NEUTRAL (3) 11 Jan: BULLISH STRONG

PAC Basic Candle: Short White
Short White Candle /
PAC Basic Candle: Short White

[BULLISH WEAK]: Pacsoft has formed a Short White candlestick. This means, PAC has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Pacsoft: Detrended Price Oscillator(20) is -0.0515 [Bearish Crossover]
Detrended Price Oscillator /
Pacsoft: Detrended Price Oscillator(20) is -0.0515 [Bearish Crossover]

[BEARISH]: Pacsoft currently has a confirmed downtrend. Price is currently below the displaced moving average for PACCurrently, the return on DPO20 is 0.6%.

Pacsoft: Momentum(5)
Momentum /
Pacsoft: Momentum(5)

[BEARISH]: Pacsoft currently has negative momentum of -0.16 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 0.6%.The largest downward momentum rally for the last 3 months is 1 days producing a return of -2.4%%.

Bear Harami /
Pacsoft: Bear Harami

[BEARISH]: Pacsoft has formed a new Bear Harami reversal pattern.

Simple Moving Average /
Pacsoft is in a short term downtrend with the resistance price @$7.028

[BULLISH]: Pacsoft currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.6%.

Closing Price /
[Bullish]: A higher close performance for PAC by 0.6 % achieved during last session

[BULLISH]: Pacsoft current uptrend in the first timeframe. Currently, the Close is $7.

Medium Trend /
Daily trading has maintained an Uptrend medium trend for Pacsoft

[BULLISH]: Pacsoft is in an uptrend in the medium term timeframe. The current rally number is 2 & the highest rally count for the LTM is 117. The highest rally for the month is 8

Pacsoft opening price of $6.88 (-1 %)
Opening Price /
Pacsoft opening price of $6.88 (-1 %)

[BEARISH]: Pacsoft opening price has gapped down. Currently, the OPEN is $6.88 (-1 %).

A short term Hook Reversal has formed with Pacsoft
Hook Reversal /
A short term Hook Reversal has formed with Pacsoft

[BULLISH]: A short term Hook Reversal has formed with Pacsoft which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 6 occurrences of this bar reversal giving a signal probability of 2.3%.

Fibonacci Extensions /
[Short]: Entry price for PAC should be set @$5.17

Pacsoft has moved above the 161.8% level ($5.17) [Bearish]. Look for a short limit order entry near this point. Exit price for PAC should be set @$5.8 & short position stoploss for Pacsoft should be set at $4.55

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