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

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

RCT: EMA(5) Current Signal -> (1) 23 Apr: BULLISH (2) 20 Apr: BULLISH (3) 19 Apr: BEARISH CROSSOVER

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

[BEARISH]: Reef Casino 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 0.0%.

Opening Price /
Price for RCT has opened stronger than close of the previous trading session

RCT: OPEN Current Signal -> (1) 23 Apr: NEUTRAL (2) 20 Apr: BEARISH (3) 19 Apr: NEUTRAL

Ulcer Index /
Recent upward trend has reduced drawdown exposure associated with Reef Casino

[BEARISH]: Reef Casino UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.2340.

Long Trend /
Reef Casino: Uptrend for the long term trend is continued

[BULLISH]: Reef Casino has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Feb 23 2018.

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

[BEARISH]: Reef CasinoElder Ray Index is signalling a Bearish movementERI is -0.0240 indicating bear power. Prices are being driven below the consensus of value for RCT during the last trading session [Selling Pressure]

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Triangular Moving Average /
Price continues to trade below the Triangular Moving Average(5) for RCT

[BEARISH]: Reef Casino 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 0.0%.

Second timeframe trend of Reef Casino remains as an Uptrend
Medium Trend /
Second timeframe trend of Reef Casino remains as an Uptrend

[BULLISH]: Reef Casino has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Apr 11 2018.

[Short]: Limit orders for Reef Casino should be set at $0.9300
Fibonacci Extensions /
[Short]: Limit orders for Reef Casino should be set at $0.9300

Reef Casino: The current Fibonacci Extension levels are: (23.61%) $3.2400: (38.2%) $3.2500: (50%) $3.2700: (61.8%) $3.2800The current support levels are: (78.6%) $3.2900: (100%) $3.3100: (138.2%) $3.3400: (161.8%) $3.3700: (261.8%) $3.4600: (423.61%) $3.6000

MACD /
The MACD for RCT is losing momentum through a fall on the short term EMA

[BEARISH]: Reef Casino currently has negative MACD of -0.0110. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is 2.22045e-016%.

Elders Force Index /
Reef Casino: Direction, extent & volume have increased in recent trading [Buying Pressure]

RCT: Elders Force Index Current Signal -> (1) 23 Apr: BULLISH (2) 20 Apr: BULLISH CROSSOVER (3) 19 Apr: BEARISH CROSSOVER

Average Directional Movement /
[Strong Trend]: Average Directional Index @37.3600 has confirmed a strong trend for RCT

[Trend]: ADX for RCT has confirmed a strong trend is presentReef Casino has an ATR(14) of 0.0150, a DX of 7.0300 & an ADX(14) of 37.3600

Reef Casino: Daily high performance is 0.0 % [Uptrend]
High Price /
Reef Casino: Daily high performance is 0.0 % [Uptrend]

RCT: HIGH Current Signal -> (1) 23 Apr: NEUTRAL (2) 20 Apr: BEARISH (3) 19 Apr: NEUTRAL

Reef Casino: Daily performance is 0.0 % [Uptrend]
Closing Price /
Reef Casino: Daily performance is 0.0 % [Uptrend]

RCT: CLOSE Current Signal -> (1) 23 Apr: NEUTRAL (2) 20 Apr: BEARISH (3) 19 Apr: NEUTRAL

Percentage Price /
PPO: The shorter moving average for RCT is still above the longer term moving average

RCT: PPO Current Signal -> (1) 23 Apr: BULLISH (2) 20 Apr: BULLISH CROSSOVER (3) 19 Apr: BULLISH CROSSOVER

Average True Range /
RCT: Average True Range has confirmed an downtrend @0.0150

[Bearish]: Average True Range has confirmed an downtrend is present. Reef Casino has a TR of 0.0000, and an ATR(14) of 0.0150.

Chaikin Money Flow /
Reef Casino continues positive divergence & potential shift in direction

[BULLISH]: Reef Casino current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.3000. RCT received a confirmed CMF crossover days on the Mar 26 2018.The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.42 occurring on the Mar 26 2018.

Reef Casino has reached a new low of $3.2200 (0.0 %)
Low Price /
Reef Casino has reached a new low of $3.2200 (0.0 %)

RCT: LOW Current Signal -> (1) 23 Apr: NEUTRAL (2) 20 Apr: BEARISH (3) 19 Apr: NEUTRAL

Negative ROC for RCT is a leading indicator for continued price fall
Rate of Change /
Negative ROC for RCT is a leading indicator for continued price fall

[BEARISH]: Reef Casino currently has negative rate of change of -0.6000%. 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

Reef Casino: Accumulation Distribution Line (27446.0000)
Accumulation / Distribution /
Reef Casino: Accumulation Distribution Line (27446.0000)

[BULLISH]: Reef Casino current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 27446.0000. day.

Demarks Pivot Points /
Limit order for a long position has been identified for Reef Casino [Bullish]

Reef Casino has broken the first DeMark support point ($3.2200) [Bearish]. Look for a short limit order entry near this point. Exit price for RCT should be set @$3.2200 & short position stoploss for Reef Casino should be set at $3.2200

Volume /
No traded volume for Reef Casino

No traded volume for Reef Casino

Stochastic Oscillator /
Stochastic Oversold signal is still current for Reef Casino [Bullish]

[BULLISH]: Reef Casino is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Money Flow Index /
MFI Overbought signal is still current for Reef Casino

[BULLISH CROSSOVER]: Reef Casino current price has driven MFI to become oversold signalling the start of bullish trading conditions. Currently, the MFI is 88.5400. During the quarter, the lowest MFI value was 40.28. The last oversold signal occurred on Mar 19 2018.

Reef Casino: Look for a short limit order entry @$3.2200
Pivot Points /
Reef Casino: Look for a short limit order entry @$3.2200

Reef Casino has broken the first resistance point ($3.2200) [Bullish]. Look for a long limit order entry near this point. Exit price for RCT should be set @$3.2200 & Stoploss for Reef Casino should be set between $3.2200 & $3.2200

Negative momentum on the Volume MACD histogram for RCT is maintained & supports a bearish move is likely
MACD Volume /
Negative momentum on the Volume MACD histogram for RCT is maintained & supports a bearish move is likely

[BEARISH]: Reef Casino currently has negative Volume MACD of -793.0000. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Woodie Pivot Point /
Reef Casino has broken the first Woodie resistance point ($3.2200) [Bullish]

Reef Casino has broken the first Woodie resistance point ($3.2200) [Bullish]. Look for a long limit order entry near this point. Exit price for RCT should be set @$3.2200 & Stoploss for Reef Casino should be set at $3.2200

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