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

Regis Resources
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RRL: Over the last month there has been 3 trading days with the opening price in the lower upper range & the closing the price in the lower price range
Open Tod Vs Close Tod /
RRL: Over the last month there has been 3 trading days with the opening price in the lower upper range & the closing the price in the lower price range

[BEARISH STRONG]: Regis Resources opened in the upper part of daily range at 86.700000000000000% & closed in the lower part of the trading range at 20.000000000000000%. This suggests the sellers were in control all day. Over the last 12 months there has been 41 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 15.6%. Over the last month there has been 3 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 17.6%.

Recent trading signals Regis Resources is being distributed
Daily Volume Index /
Recent trading signals Regis Resources is being distributed

[BEARISH CROSSOVER]: Regis Resources current price has highlighted the commencement of distribution and the start of bearish trading conditions. Currently, the DVI is -1408.0000.

Pivot Points /
Regis Resources: Stoploss for short position should be set between $4.7400 & $4.7700

Regis Resources current pivot point is: 4.6650. The current resistance levels are: (R1) $4.6950: (R2) $4.7400: (R3) $4.7700: The current support levels are: (S1) $4.6200: (S2) $4.5900: (S3) $4.5450

Close Tod Vs Range Tod /
Seller commitment has continued for Regis Resources adding strength to an downtrend in the first timeframe

[BEARISH]: Regis Resources sellers in control. There has been 4 consecutive days of prices closing in the lower part of the trading range for Regis Resources adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 76 trading days with the closing price in the lower part of the range giving a confirmation ratio of 28.9%. Over the last month there has been 6 trading days with the closing price in the lower range giving a confirmation ratio of 35.3%. Currently this quarter, closing price has spent 6 days in the lower price range compared to 7 days in the upper range giving a ratio of 0.9x.

Chaikin Money Flow /
CMF Crossover & commencement of potential trend change for Regis Resources

[BEARISH CROSSOVER]: Regis Resources current price has highlighted recent selling pressure and the start of a bearish trading conditions. Currently, the CMF is -0.0500. During the quarter, the lowest CMF value was -0.08 occurring on the Apr 24 2018.

MACD Volume /
Regis Resources: Volume MACD @58077.0000 [Bullish]

[BULLISH]: Regis Resources currently has positive Volume MACD of 58077.0000. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

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Volume Rate of Change /
Positive VROC: Volume is higher for Regis Resources than 14 days ago

[BULLISH]: Regis Resources currently has positive volume of change of 39.0000%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.6000%.

Market conditions are indicating OBV accumulation is current for RRL
On Balance Volume /
Market conditions are indicating OBV accumulation is current for RRL

[BULLISH]: Regis Resources current price has highlighted recent accumulation. Currently, the OBV is 1091936.0000.

Accumulation still active for Regis Resources
Accumulation / Distribution /
Accumulation still active for Regis Resources

[BULLISH]: Regis Resources current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 3172801.0000. day.

Black Candle /
RRL Basic Candle: Black

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

High Price /
RRL has achieved a lower high of $4.7100 (-1.1 %)

[BEARISH]: Regis Resources current downtrend in the first timeframe. Currently, the HIGH is -1.1 %.

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

[BEARISH]: Regis Resources currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.6%.

Regis Resources: Uptrend for the medium term trend is continued
Medium Trend /
Regis Resources: Uptrend for the medium term trend is continued

[BULLISH]: Regis Resources is in an uptrend in the medium term timeframe. The current rally number is 49 & the highest rally count for the LTM is 76. The highest rally for the month is 17

Rate of change(14) is increasing for Regis Resources
Rate of Change /
Rate of change(14) is increasing for Regis Resources

RRL: ROC Current Signal -> (1) 24 Apr: BULLISH (2) 23 Apr: BULLISH (3) 20 Apr: BULLISH

Low Price /
[Bearish]: Regis Resources has failed beat previous low by -0.7 %

[BULLISH]: Regis Resources current downtrend in the first timeframe. Currently, the Low is $4.6350 (-0.7 %).

Price Range /
Regis Resources: Range ($0.0750)

[BEARISH]: Regis Resources current downtrend in the first timeframe. Currently, the Range is $0.0750.

Ulcer Index /
Ulcer index has reduced in stress level for Regis Resources & low drawdown is expected

[BEARISH]: Regis Resources UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.6380.

Volume for Regis Resources continues to lose momentum @-6.6000)
Percentage Volume /
Volume for Regis Resources continues to lose momentum @-6.6000)

[BEARISH]: Regis Resources currently has negative PVO -6.6000%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -0.1%.

Prices are being driven above the consensus of value for RRL [Bullish]
Elder Ray Index /
Prices are being driven above the consensus of value for RRL [Bullish]

[BULLISH]: Regis ResourcesElder Ray Index is signalling a Bullish movementERI is 0.0240 indicating bull power. Prices are being driven above the consensus of value for RRL during the last trading session [Buying Pressure]

Regis Resources: The price range ratio this week versus the quarterly price range is 0.4000000000000000000x
Range Tod Vs Range Yest /
Regis Resources: The price range ratio this week versus the quarterly price range is 0.4000000000000000000x

[WEAK BULLISH]: Regis Resourcessellers are becoming less eager. This is the first day sellers have decreased eagerness for RRL reducing strength to a downtrend in the first timeframe. The biggest price range this month has been $0.3500 & the greatest daily price range this year has been $1.0700. The price range ratio this week versus the quarterly price range is 0.4000000000000000000x & the price range ratio this month versus the year to date price range is 0.3000000000000000000x.

Ease of Movement /
Regis Resources was difficult to move downward due to high volume in recent trading [Bearish]

RRL: EOM Current Signal -> (1) 24 Apr: BEARISH HARD (2) 23 Apr: BEARISH HARD (3) 20 Apr: BEARISH HARD

Opening Price /
Strong opening from RRL has seen an increase of -0.6 % [Uptrend]

[BULLISH]: Regis Resources opening price has gapped up. Currently, the OPEN is $4.7000 (-0.6 %).

Short Trend /
Daily trading again produced an Downtrend bar for Regis Resources

[BEARISH]: Regis Resources is in a downtrend in the short term timeframe. The current rally number is 2 & the highest rally count for the LTM is 5

Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for Regis Resources

[BEARISH]: Regis Resources 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 -0.6%.

Regis Resources has moved below the S1 Woodie pivot point ($4.6120) [Bearish]
Woodie Pivot Point /
Regis Resources has moved below the S1 Woodie pivot point ($4.6120) [Bearish]

Regis Resources current pivot point (Woodie) is: $4.6610. The current resistance levels are: (R1) $4.6870: (R2) $4.7360The current support levels are: (S1) $4.6120: (S2) $4.5860

Regis Resources: Look for a long limit order entry @$4.6575
Demarks Pivot Points /
Regis Resources: Look for a long limit order entry @$4.6575

Regis Resources has broken the first DeMark resistance point ($4.6575) [Bullish]. Look for a long limit order entry near this point. Exit price for RRL should be set @$4.6800 & Stoploss for Regis Resources should be set at $4.6050

Volume /
Regis Resources: Daily volume is 2456695 [Higher Volume]

[BULLISH]: Regis Resources current volume uptrend in the first timeframe. Volume for RRL is2456695 (66.7).

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