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

Ruralco Holdings
+ Share

14-day rate of change is decreasing for Ruralco Holdings
Rate of Change /
14-day rate of change is decreasing for Ruralco Holdings

[BEARISH]: Ruralco Holdings currently has negative rate of change of -0.326%. 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

[Strong Trend]: Average Directional Index (25.85) strong trend has been confirmed for RHL
Average Directional Movement /
[Strong Trend]: Average Directional Index (25.85) strong trend has been confirmed for RHL

[Trend]: ADX for RHL has confirmed a strong trend is present. Ruralco Holdings has an ATR(14) of 0.048, a DX of 25.93 & an ADX(14) of 25.85

Weighted Moving Average /
The WMA trend following signal is still current for Ruralco Holdings [Bullish]

RHL: WMA Current Signal -> (1) 21 Jun: BULLISH (2) 20 Jun: BULLISH (3) 19 Jun: BULLISH

Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Ruralco Holdings

[BEARISH]: Ruralco Holdings current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 3.2445.

Sine Weighted Moving Average /
Ruralco Holdings is in a short term uptrend with the closing price @$3.06

RHL: SWMA Current Signal -> (1) 21 Jun: BULLISH (2) 20 Jun: BULLISH (3) 19 Jun: BULLISH

Aroon Oscillator /
Ruralco Holdings: Aroon oscillator (-84) has confirmed a strong downtrend is present

[BEARISH]: Ruralco Holdings has a current ARO(25) of -84. This has change 0 points from yesterday.

Woodie pivot point for RHL is bearish. Stoploss should be positioned @$3.088
Woodie Pivot Point /
Woodie pivot point for RHL is bearish. Stoploss should be positioned @$3.088

Ruralco Holdings has broken the first Woodie support point ($3.046) [Bearish]. Look for a short limit order entry near this point. Exit price for RHL should be set @$3.028 & short position stoploss for Ruralco Holdings should be set at $3.088

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On Balance Volume /
OBV: Distribution still active for Ruralco Holdings

[BEARISH]: Ruralco Holdings current price has highlighted recent distribution. Currently, the OBV is -43514.

MACD for Ruralco Holdings continues to gain momentum @0.0024
MACD /
MACD for Ruralco Holdings continues to gain momentum @0.0024

RHL: MACD Current Signal -> (1) 21 Jun: BULLISH (2) 20 Jun: BULLISH CROSSOVER (3) 19 Jun: BEARISH

Bearish trading conditions for Ruralco Holdings has been signalled from the DPO (-0.0655)
Detrended Price Oscillator /
Bearish trading conditions for Ruralco Holdings has been signalled from the DPO (-0.0655)

[BEARISH]: Ruralco Holdings currently has a confirmed downtrend. Price is currently below the displaced moving average for RHL. Currently, the return on DPO20 is -0.3%.

Close Tod Vs Close Yest /
Sellers are now keener than buyers for Ruralco Holdings & are driving the price down.

RHL: Recent performance signals ->(1) 21 Jun: NEUTRAL (2) 20 Jun: BULLISH (3) 19 Jun: NEUTRAL

Accumulation / Distribution /
Distribution still active for Ruralco Holdings

[BEARISH]: Ruralco Holdings current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1.09237e+006.

Closing Price /
Recent trading for Ruralco Holdings fell short of the previous close by -0.3 %

[BEARISH]: Ruralco Holdings current downtrend in the first timeframe. Currently, the Close is $3.06.

Ruralco Holdings: Look for a long limit order entry @$3.0525
Demarks Pivot Points /
Ruralco Holdings: Look for a long limit order entry @$3.0525

Ruralco Holdings has broken the first DeMark resistance point ($3.0525) [Bullish]. Look for a long limit order entry near this point. Exit price for RHL should be set @$3.065 & Stoploss for Ruralco Holdings should be set at $3.035

RHL Basic Candle: Black
Black Candle /
RHL Basic Candle: Black

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

Medium Trend /
Ruralco Holdings: Uptrend for the medium term trend is continued

[BULLISH]: Ruralco Holdings has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 14 2018.

Exponential Moving Average /
[Uptrend]: Recent trading for RHL indicates ST trend is likely to continue

[BULLISH]: Ruralco Holdings 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 -0.3%.

Ulcer Index /
Recent trading has highlighted low Ulcer index for Ruralco Holdings

[BEARISH]: Ruralco Holdings UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.967.

Market movement continuation likely for RHL as a result of Fake Day
Bill Williams Market Facilitation /
Market movement continuation likely for RHL as a result of Fake Day

Ruralco Holdings Currently is a confirmed Fake Day. MFI indicator is up, volume is down for RHL. Trend continuation possible for RHL from reduced trading activity.

Ruralco Holdings: Volume MACD @-24166 [Bearish]
MACD Volume /
Ruralco Holdings: Volume MACD @-24166 [Bearish]

[BEARISH]: Ruralco Holdings currently has negative Volume MACD of -24166. This means the signal line is less than the Volume MACD line signalling a bearish movement.

Ruralco Holdings: Stoploss for short position should be set between $3.087 & $3.104
Pivot Points /
Ruralco Holdings: Stoploss for short position should be set between $3.087 & $3.104

Ruralco Holdings has broken the first support point ($3.044) [Bearish]. Look for a short limit order entry near this point. Exit price for RHL should be set @$3.027 & short position stoploss for Ruralco Holdings should be set between $3.087 & $3.104

Elder Ray Index /
Ruralco Holdings: Elder Ray Index is 0.007 [Bullish]

[BEARISH]: Ruralco Holdings Elder Ray Index is signalling a Bearish movementERI is -0.023 indicating bear power. Prices are being driven below the consensus of value for RHL during the last trading session [Selling Pressure]

Percentage Price /
Ruralco Holdings currently has negative PPO -0.566

RHL: PPO Recent Trading -> (1) 21 Jun: -0.566 (2) 20 Jun: -0.6 (3) 19 Jun: -0.667

Daily Volume Index /
Recent trading signals Ruralco Holdings is being distributed

RHL: DVI Current Signal -> (1) 21 Jun: BEARISH (2) 20 Jun: BEARISH (3) 19 Jun: BEARISH

Close Tod Vs Range Tod /
Ruralco Holdings: Close versus price range (66.7%.)

[BULLISH]: Ruralco Holdings 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 Ruralco Holdings 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 79 trading days with the closing price in the upper part of the range giving a confirmation ratio of 30%. Over the last month there has been 3 trading days with the closing price in the upper range giving a confirmation ratio of 21.4%. Currently this quarter, closing price has spent 14 days in the upper price range compared to 21 days in the lower range giving a ratio of 0.7x.

[Bullish]: TMA(5) is serving as a support line for Ruralco Holdings
Triangular Moving Average /
[Bullish]: TMA(5) is serving as a support line for Ruralco Holdings

[BULLISH]: Ruralco Holdings currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.3%.

Simple Moving Average(5) signal continues for Ruralco Holdings indicating upward price movement is likely
Simple Moving Average /
Simple Moving Average(5) signal continues for Ruralco Holdings indicating upward price movement is likely

RHL: SMA(5) Current Signal -> (1) 21 Jun: BULLISH (2) 20 Jun: BULLISH (3) 19 Jun: BULLISH CROSSOVER

Percentage Volume /
Volume is still below the short term EMA for RHL [Bearish]

RHL: PVO Current Signal -> (1) 21 Jun: BEARISH (2) 20 Jun: BEARISH (3) 19 Jun: BEARISH

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