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

Ridley Corporation
+ Share

The SMA trend following signal is now active for Ridley Corporation [Bearish]
Simple Moving Average /
The SMA trend following signal is now active for Ridley Corporation [Bearish]

[BEARISH]: Ridley Corporation 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 -0.4%.

Closing price for RIC ($1.375) signals sellers are still keener than buyers
Close Tod Vs Close Yest /
Closing price for RIC ($1.375) signals sellers are still keener than buyers

RIC: Recent performance signals ->(1) 20 Jun: NEUTRAL (2) 19 Jun: NEUTRAL (3) 18 Jun: BULLISH

Daily Volume Index /
Accumulation DVI signal for Ridley Corporation is confirmed

[BULLISH]: Ridley Corporation current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 702.

Elder Ray Index /
Ridley Corporation: Elder Ray Index is 0.016 [Bullish]

RIC: Elder Ray Index Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: BULLISH

Percentage Price /
Price percentage oscillator: Downward momentum has been initiated for Ridley Corporation

[BEARISH CROSSOVER]: Ridley Corporation currently has negative PPO -0.06%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Average Directional Movement /
Average Directional Index for Ridley Corporation has signalled a weak trend is active

[Weak Trend]: ADX for RIC has confirmed a weak trend is present. Ridley Corporation has an ATR(14) of 0.043, a DX of 6.28 & an ADX(14) of 14.85

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Ulcer Index /
Ridley Corporation: Ulcer Index 5.731 [High Stress]

[BULLISH]: Ridley Corporation UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.731.

Ridley Corporation: Volume MACD @22020 [Bullish]
MACD Volume /
Ridley Corporation: Volume MACD @22020 [Bullish]

RIC: Volume MACD Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH CROSSOVER (3) 18 Jun: BULLISH CROSSOVER

Ridley Corporation has broken below the 161.8% extension level ($10.68) [Bullish]
Fibonacci Extensions /
Ridley Corporation has broken below the 161.8% extension level ($10.68) [Bullish]

Ridley Corporation: The current Fibonacci Extension levels are: (23.61%) $1.37: (38.2%) $1.39: (50%) $1.41: (61.8%) $1.43The current support levels are: (78.6%) $1.46: (100%) $1.49: (138.2%) $1.55: (161.8%) $1.59: (261.8%) $1.74: (423.61%) $1.99

Accumulation / Distribution /
Traders are currently accumulating Ridley Corporation

[BULLISH]: Ridley Corporation current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 805202.

Volume /
Ridley Corporation: Daily volume performance is 325.9 [Uptrend]

[BULLISH]: Ridley Corporation current volume uptrend in the first timeframe. Volume for RIC is 330605 (325.9).

Sine Weighted Moving Average /
[Bearish]: SWMA(5) is serving as a resistance line for Ridley Corporation

RIC: SWMA Current Signal -> (1) 20 Jun: BEARISH CROSSOVER (2) 19 Jun: BULLISH (3) 18 Jun: BULLISH

[Bearish]: Trend following indicator for RIC highlights downward price direction is likely
Exponential Moving Average /
[Bearish]: Trend following indicator for RIC highlights downward price direction is likely

[BEARISH]: Ridley Corporation currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.4%.

Ridley Corporation was difficult to move upward due to high volume in recent trading [Bullish]
Ease of Movement /
Ridley Corporation was difficult to move upward due to high volume in recent trading [Bullish]

[BULLISH]: Ridley Corporation current price have moved upwards on high volume. Currently, the Ease of Movement is 0.045

Chaikin Money Flow /
Ridley Corporation continues positive divergence & potential shift in direction

[BULLISH]: Ridley Corporation current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.3. RIC received a confirmed CMF crossover days on the May 14 2018. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.41 occurring on the May 14 2018.

Medium Trend /
[Uptrend]: The second timeframe trend for Ridley Corporation remains intact

[BULLISH]: Ridley Corporation is in an uptrend in the medium term timeframe. The current rally number is 86 & the highest rally count for the LTM is 87. The highest rally for the month is 13

Moving Average Envelope /
Lower envelope oversold signal had been maintained for Ridley Corporation

[BULLISH]: Ridley Corporation current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 1.311.

Recent trading indicates Aroon downward trend direction likely for RIC [Downtrend]
Aroon Oscillator /
Recent trading indicates Aroon downward trend direction likely for RIC [Downtrend]

[BEARISH]: Ridley Corporation has a current ARU(25) of 36 and a current ARD(25) of 80

[Bullish]: Continued buying pressure for Ridley Corporation has been confirmed
Elders Force Index /
[Bullish]: Continued buying pressure for Ridley Corporation has been confirmed

[BULLISH]: Ridley Corporation current price has highlighted recent buying pressure. Currently, the Elders Force Index is 213.

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

[Bearish]: Average True Range has confirmed an downtrend is present. Ridley Corporation has a TR of 0.03, and an ATR(14) of 0.043.

Pivot Points /
Ridley Corporation has broken the first resistance point ($1.394) [Bullish]

Ridley Corporation has broken the first resistance point ($1.394) [Bullish]. Look for a long limit order entry near this point. Exit price for RIC should be set @$1.412 & Stoploss for Ridley Corporation should be set between $1.352 & $1.334

MACD /
Ridley Corporation: MACD oscillator (-0.0044)

[BEARISH]: Ridley Corporation currently has negative MACD of -0.0044. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -1.7%.

On Balance Volume /
Ridley Corporation: Current trading activity signals OBV accumulation is present

[BULLISH]: Ridley Corporation current price has highlighted recent accumulation. Currently, the OBV is 694064.

High Price /
Ridley Corporation: Daily high performance is 0.7 % [Uptrend]

[BULLISH]: Ridley Corporation current uptrend in the first timeframe. Currently, the HIGH is 0.7 %.

RIC has achieved a lower closing price of $1.375 (-0.4 %)
Closing Price /
RIC has achieved a lower closing price of $1.375 (-0.4 %)

[BEARISH]: Ridley Corporation current downtrend in the first timeframe. Currently, the Close is $1.375.

The WMA trend following signal is still current for Ridley Corporation [Bearish]
Weighted Moving Average /
The WMA trend following signal is still current for Ridley Corporation [Bearish]

[BEARISH]: Ridley Corporation 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 -0.4%.

Demarks Pivot Points /
DeMark pivot point for RIC is bullish. Stoploss should be positioned @$1.36

Ridley Corporation has broken the first DeMark resistance point ($1.3800) [Bullish]. Look for a long limit order entry near this point. Exit price for RIC should be set @$1.39 & Stoploss for Ridley Corporation should be set at $1.36

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