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

Scottish Pacific
+ Share

Dividends for SCO were last paid to shareholders on the Mar  7 2017
Ex-Dividend /
Dividends for SCO were last paid to shareholders on the Mar 7 2017

The last ex-dividend date recorded for SCO occurred on the Mar 7 2017. This event was 227 days from the current trading day.

SCO: Over the last 12 months there has been 11 trading days with the opening price in the upper shadow & the closing the price in the middle shadow
Open Tod Vs Close Tod /
SCO: Over the last 12 months there has been 11 trading days with the opening price in the upper shadow & the closing the price in the middle shadow

[BEARISH WEAK]: Scottish Pacific opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 66.7%. This suggests the sellers have lost commitment. Over the last 12 months there has been 11 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 12.4%. Over the last month there has been 3 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 20%.

Price Range /
Range for SCO has not surpassed the range of the previous trading session

[BEARISH]: Scottish Pacific current downtrend in the first timeframe. Currently, the Range is $0.03.

Money Flow Index /
Scottish Pacific : Selling pressure remains oversold during trading session

[BEARISH]: Scottish Pacific current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 19.37. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 62.58.

Ease of Movement /
Price was difficult to move downward in recent trading on high volume causing an downtrend in price for SCO

SCO: EOM Current Signal -> (1) 20 Oct: BEARISH HARD (2) 19 Oct: BULLISH HARD (3) 18 Oct: BULLISH EASY

Fibonacci Extensions /
The 161.8% Fibonacci extension level for SCO has moved to the upper limit. Stoploss should be positioned @$1.64

Scottish Pacific has moved above the 161.8% level ($1.5) [Bearish]. Look for a short limit order entry near this point. Exit price for SCO should be set @$1.36 & short position stoploss for Scottish Pacific should be set at $1.64

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Black Candle /
SCO Basic Candle: Black

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

The MACD continues to fall below the signal line for SCO [Bearish]
MACD /
The MACD continues to fall below the signal line for SCO [Bearish]

[BEARISH]: Scottish Pacific currently has negative MACD of -0.006000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is 0%.

CMF Crossover from increased buying pressure for Scottish Pacific
Chaikin Money Flow /
CMF Crossover from increased buying pressure for Scottish Pacific

[BULLISH CROSSOVER]: Scottish Pacific current price has highlighted recent buying pressure and the start of a bullish trading conditions. Currently, the CMF is 0.06. During the quarter, the highest CMF value was 0.11

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

[BULLISH]: Scottish Pacific 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 -0.7%.

Woodie Pivot Point /
Scottish Pacific : Look for a short limit order entry @$2.834

Scottish Pacific current pivot point (Woodie) is: $2.847. The current resistance levels are: (R1) $2.864: (R2) $2.877The current support levels are: (S1) $2.834: (S2) $2.817

Accumulation / Distribution /
Traders are currently accumulating Scottish Pacific

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

Contracting price range for SCO signalling sellers continue to be less eager
Range Tod Vs Range Yest /
Contracting price range for SCO signalling sellers continue to be less eager

[WEAK BULLISH]: Scottish Pacific sellers are becoming less eager. There has been 2 consecutive days of range increase for SCO reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.14 & the greatest daily price range this year has been $0.62. The price range ratio this week versus the quarterly price range is 0.9x & the price range ratio this month versus the year to date price range is 0.2x.

Daily trading has confirmed an Aroon uptrend (24) for Scottish Pacific
Aroon Oscillator /
Daily trading has confirmed an Aroon uptrend (24) for Scottish Pacific

[BULLISH]: Scottish Pacific has a current ARU(25) of 36 and a current ARD(25) of 12

Opening Price /
Recent trading for Scottish Pacific has opened 0.7 % lower than previous session

[BEARISH]: Scottish Pacific opening price has gapped down. Currently, the OPEN is $2.86 (0.7 %).

Moving Average Envelope /
Closing price for SCO is still below the lower envelope signalling a bullish movement

[BULLISH]: Scottish Pacific current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 2.6885.

Demarks Pivot Points /
Scottish Pacific : Stoploss for short position should be set between $2.8425 & $2.855

Scottish Pacific has broken the first DeMark support point ($2.8425) [Bearish]. Look for a short limit order entry near this point. Exit price for SCO should be set @$2.825 & short position stoploss for Scottish Pacific should be set at $2.855

[Bullish]: Scottish Pacific  currently has positive PVO 1.2
Percentage Volume /
[Bullish]: Scottish Pacific currently has positive PVO 1.2

SCO: PVO Current Signal -> (1) 20 Oct: BULLISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

SCO: The current assets are valued at $1.41
GROWTH /
SCO: The current assets are valued at $1.41

Scottish Pacific Key financial metrics: (1) Book Value: $1.41 (2) Market-to-Book ratio: 2.03 (3) PEG Ratio: 73.08

[Buying Pressure]: ERI has increased for Scottish Pacific  during the last trading session
Elder Ray Index /
[Buying Pressure]: ERI has increased for Scottish Pacific during the last trading session

[BULLISH]: Scottish Pacific Elder Ray Index is signalling a Bullish movementERI is 0.008 indicating bull power. Prices are being driven above the consensus of value for SCO during the last trading session [Buying Pressure]

Medium Trend /
Scottish Pacific has maintained the 2nd timeframe trend [Uptrend]

[BULLISH]: Scottish Pacific is in an uptrend in the medium term timeframe. The current rally number is 51 & the highest rally count for the LTM is 51. The highest rally for the month is 15

On Balance Volume /
Scottish Pacific : Current trading activity OBV signals distribution is present

[BEARISH]: Scottish Pacific current price has highlighted recent distribution. Currently, the OBV is -213308.

Percentage Price /
PPO has positive momentum signalling a continuation of upward price rise for SCO

[BULLISH]: Scottish Pacific currently has positive PPO 0.400%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Closing price for SCO ($2.85) signals sellers are now keener than buyers
Close Tod Vs Close Yest /
Closing price for SCO ($2.85) signals sellers are now keener than buyers

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

The daily battle of control for Scottish Pacific  was won again by the buyers
Close Tod Vs Range Tod /
The daily battle of control for Scottish Pacific was won again by the buyers

[BULLISH]: Scottish Pacific buyers are in control at the market close. There has been 5 consecutive days of prices closing in the upper part of the trading range for Scottish Pacific 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 40 trading days with the closing price in the upper part of the range giving a confirmation ratio of 44.9%. Over the last month there has been 6 trading days with the closing price in the upper range giving a confirmation ratio of 40%. Currently this quarter, closing price has spent 6 days in the upper price range compared to 4 days in the lower range giving a ratio of 1.5x.

Closing Price /
Scottish Pacific has failed to achieve a higher close of $2.85 (-0.7 %)

[BEARISH]: Scottish Pacific current downtrend in the first timeframe. Currently, the Close is $2.85.

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