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

Scentre
+ Share

Recent trading indicates an upward price direction SCG [Bullish]
Coles Reaction Day /
Recent trading indicates an upward price direction SCG [Bullish]

Scentre : Coles Rally Day has been confirmed A higher high has been achieved for last trading day for SCG

High for SCG has surpassed the high of the previous trading session
High Price /
High for SCG has surpassed the high of the previous trading session

SCG: HIGH Recent Trading -> (1) 16 Feb: 3.79 (2) 15 Feb: 3.77 (3) 14 Feb: 3.84

Short Trend /
First timeframe trend of Scentre has signalled an Uptrend

[BULLISH]: Scentre is in an uptrend in the short term timeframe. The buyers have dominated the daily trade, however further confirmation is required before taking a position.

Commodity Channel Index /
The current price level for Scentre is maintained below the average

[BULLISH]: Scentre current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -130. SCG received a confirmed CCI crossover on the Feb 6 2018.The bullish signal has been active for 9 days. During the quarter, the lowest CCI value was -326.

Elder Ray Index /
[Bear Power]: ERI has increased for Scentre during the last trading session

[BEARISH]: Scentre Elder Ray Index is signalling a Bearish movementERI is -0.14 indicating bear power. Prices are being driven below the consensus of value for SCG during the last trading session [Selling Pressure]

Medium Trend /
Daily trading has maintained an Downtrend medium trend for Scentre

[BEARISH]: Scentre has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Feb 1 2018.

Top companies for
Australian Stock Exchange
Advertisment
Price Range /
Recent trading for Scentre fell short of the previous price range ($0.04)

[BEARISH]: Scentre current downtrend in the first timeframe. Currently, the Range is $0.04.

Daily trading has confirmed an Aroon downtrend (-40) for Scentre
Aroon Oscillator /
Daily trading has confirmed an Aroon downtrend (-40) for Scentre

[BEARISH]: Scentre has a current ARU(25) of 56 and a current ARD(25) of 96

Accumulation DVI signal for Scentre  is confirmed
Daily Volume Index /
Accumulation DVI signal for Scentre is confirmed

[BULLISH]: Scentre current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Open Tod Vs Close Tod /
Scentre : Buyers have lost commitment.

[BULLISH WEAK]: Scentre opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 50%. This suggests the buyers have lost commitment. Over the last 12 months there has been 29 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 11.4%. Over the last month there has been 4 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 36.4%.

Average True Range /
Scentre : ATR (0.074) has signalled an downtrend is current

[Bearish]: Average True Range has confirmed an downtrend is present. Scentre has a TR of 0.06, and an ATR(14) of 0.074.

5-day momentum is decreasing for Scentre
Momentum /
5-day momentum is decreasing for Scentre

[BEARISH]: Scentre currently has negative momentum of -0.17 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 1.1%.The largest downward momentum rally for the last 3 months is 9 days producing a return of -5.1%%.

Scentre : Ulcer Index 5.833 [High Stress]
Ulcer Index /
Scentre : Ulcer Index 5.833 [High Stress]

[BULLISH]: Scentre UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.833.

Williams %R /
William %R (-85.7) for SCG is still below the oversold limit

[BEARISH]: Scentre is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Stochastic Oscillator /
[Bullish]: Scentre current trading has maintained the Stochastic Oscillator to oversold status

SCG: Stochastic Oscillator Signal -> (1) 16 Feb: BULLISH (2) 15 Feb: BULLISH (3) 14 Feb: BULLISH

Moving Average Envelope /
[Bullish]: Scentre current trading has maintained the Envelope Bands to oversold status

[BULLISH]: Scentre current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 3.7905.

Scentre : MACD oscillator (-0.032000)
MACD /
Scentre : MACD oscillator (-0.032000)

[BEARISH]: Scentre currently has negative MACD of -0.032000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -4%.

Lower Bollinger Band oversold signal had been cancelled for Scentre
Bollinger Bands /
Lower Bollinger Band oversold signal had been cancelled for Scentre

SCG: Bollinger Bands Current Signal -> (1) 16 Feb: BEARISH CROSSUNDER (2) 15 Feb: BULLISH (3) 14 Feb: BULLISH

Scentre : 1.618 Fibonacci Extension ($4.49)
Fibonacci Extensions /
Scentre : 1.618 Fibonacci Extension ($4.49)

Scentre has moved above the 161.8% level ($0.75) [Bearish]. Look for a short limit order entry near this point. Exit price for SCG should be set @$0.67 & short position stoploss for Scentre should be set at $0.83

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

[BEARISH]: Scentre current price has highlighted recent distribution. Currently, the OBV is -5.76058e+007.

Detrended Price Oscillator /
Price is currently below the displaced moving average for SCG [Bearish]

[BEARISH]: Scentre currently has a confirmed downtrend. Price is currently below the displaced moving average for SCGCurrently, the return on DPO20 is 1.1%.

Relative Strength Index /
Relative Strength Oversold signal is still current for Scentre [Bullish]

[BULLISH]: Scentre is currently Oversold highlighting the potential for a short term trend reversal in the upward direction. RSI is currently oversold @28.8581

Closing Price /
Scentre : Daily closing price is $3.77 [Bullish]

[BULLISH]: Scentre current uptrend in the first timeframe. Currently, the Close is $3.77.

Scentre  currently has negative PPO -2.300
Percentage Price /
Scentre currently has negative PPO -2.300

[BEARISH]: Scentre currently has negative PPO -2.300%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Recent trading highlights continued selling pressure is present for SCG
Elders Force Index /
Recent trading highlights continued selling pressure is present for SCG

[BEARISH]: Scentre current price has highlighted recent selling pressure. Currently, the Elders Force Index is -204517.

Chaikin Money Flow /
Chaikin Oscillator is showing buying pressure for SCG

[BULLISH]: Scentre current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.06. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.11

See More   See more results
Advertisment
Advertisment
back to top