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

Scottish Pacific
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Scottish Pacific  has broken the first DeMark resistance point ($3.285) [Bullish]
Demarks Pivot Points /
Scottish Pacific has broken the first DeMark resistance point ($3.285) [Bullish]

Scottish Pacific has broken the first DeMark resistance point ($3.2850) [Bullish]. Look for a long limit order entry near this point. Exit price for SCO should be set @$3.31 & Stoploss for Scottish Pacific should be set at $3.27

Scottish Pacific  Ease of Movement is 0.741 [Difficult to Move]
Ease of Movement /
Scottish Pacific Ease of Movement is 0.741 [Difficult to Move]

SCO: EOM Current Signal -> (1) 19 Jun: BULLISH HARD (2) 18 Jun: BULLISH HARD (3) 15 Jun: BULLISH HARD

Detrended Price Oscillator /
DPO for SCO has confirmed price is currently below the displaced moving average

SCO: DPO Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BEARISH (3) 15 Jun: BEARISH CROSSOVER

Long Trend /
Daily trading has maintained an Uptrend long term trend for Scottish Pacific

[BULLISH]: Scottish Pacific has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Mar 21 2018.

Medium Trend /
Scottish Pacific : 2nd timeframe trend Downtrend remains intact

[BEARISH]: Scottish Pacific has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the Jun 13 2018.

Percentage Price /
The current price is still losing momentum through a fall for SCO on the short term EMA.

[BEARISH]: Scottish Pacific currently has negative PPO -0.355%. This means the current price is losing momentum through a fall on the short term exponential moving average.

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Aroon Oscillator /
Scottish Pacific : Aroon oscillator (-76) has confirmed a strong downtrend is present

[BEARISH]: Scottish Pacific has a current ARU(25) of 12 and a current ARD(25) of 88

Rate of change is now rising for Scottish Pacific  signalling an uptrend will persist
Rate of Change /
Rate of change is now rising for Scottish Pacific signalling an uptrend will persist

[BULLISH CROSSOVER]: Scottish Pacific currently has positive rate of change of 0.305%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

14-day volume rate of change is increasing for Scottish Pacific
Volume Rate of Change /
14-day volume rate of change is increasing for Scottish Pacific

[BULLISH]: Scottish Pacific currently has positive volume of change of 10%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.3%.

MACD /
Scottish Pacific : MACD (-0.0028)

[BEARISH]: Scottish Pacific currently has negative MACD of -0.0028. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -0.4%.

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 0.032 indicating bull power. Prices are being driven above the consensus of value for SCO during the last trading session [Buying Pressure]

Price Range /
Scottish Pacific : Range ($0.04)

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

Scottish Pacific : Average True Range (0.072) has confirmed an downtrend is present
Average True Range /
Scottish Pacific : Average True Range (0.072) has confirmed an downtrend is present

[Bearish]: Average True Range has confirmed an downtrend is present. Scottish Pacific has a TR of 0.04, and an ATR(14) of 0.072.

Scottish Pacific : Percentage Volume Oscillator @10.27 [Bullish]
Percentage Volume /
Scottish Pacific : Percentage Volume Oscillator @10.27 [Bullish]

[BULLISH]: Scottish Pacific currently has positive PVO 10.27%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 2.9%.

Opening Price /
[Bearish]: Opening performance for SCO of 1.5 % was achieved in last trading session

[BEARISH]: Scottish Pacific opening price has gapped down. Currently, the OPEN is $3.29 (1.5 %).

MACD Volume /
Scottish Pacific : Volume MACD oscillator (6012)

[BULLISH]: Scottish Pacific currently has positive Volume MACD of 6012. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Range Tod Vs Range Yest /
Scottish Pacific : Range Performance (-55.6)

[WEAK BEARISH]: Scottish Pacific buyers are becoming less eager. This is the first day buyers have decreased eagerness for SCO reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.2300 & the greatest daily price range this year has been $0.6300. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.4x.

Scottish Pacific  has failed to achieve a higher close of $3.29 (-0.3 %)
Closing Price /
Scottish Pacific has failed to achieve a higher close of $3.29 (-0.3 %)

[BEARISH]: Scottish Pacific current downtrend in the first timeframe. Currently, the Close is $3.29.

Scottish Pacific : Confirmation of stock distribution
Accumulation / Distribution /
Scottish Pacific : Confirmation of stock distribution

[BEARISH]: Scottish Pacific current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -500106.

Volume for SCO has not surpassed the volume of the previous trading session
Volume /
Volume for SCO has not surpassed the volume of the previous trading session

[BEARISH]: Scottish Pacific current volume downtrend in the first timeframe. Volume for SCO is 134917 (-21.8).

Open Tod Vs Close Tod /
SCO: Over the last 12 months there has been 14 trading days with the opening price in the upper shadow & the closing the price in the upper shadow

SCO: Open today versus close yesterday Current Signal ->(1) 19 Jun: BULLISH (2) 18 Jun: BULLISH (3) 15 Jun: BULLISH

Average Directional Movement /
Daily bar has confirmed has confirmed an ADX a weak trend is intact for SCO

[Weak Trend]: ADX for SCO has confirmed a weak trend is present. Scottish Pacific has an ATR(14) of 0.072, a DX of 13.13 & an ADX(14) of 23.74

Stochastic Oscillator /
SCO: Stochastic Oscillator continues to move above the Overbought limit @73.9

SCO: Stochastic Oscillator Trading -> (1) 19 Jun: 73.9 (2) 18 Jun: 78.3 (3) 15 Jun: 45.8

Triangular Moving Average /
The TMA trend following signal is still current for Scottish Pacific [Bullish]

[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 -0.3%.

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

SCO: Envelope Bands Current Signal -> (1) 19 Jun: BEARISH (2) 18 Jun: BULLISH (3) 15 Jun: BEARISH

CMF showing selling pressure & potential change in direction for SCO
Chaikin Money Flow /
CMF showing selling pressure & potential change in direction for SCO

[BEARISH]: Scottish Pacific current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.18. SCO received a confirmed CMF crossover days on the May 28 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.32 occurring on the May 28 2018.

Exponential Moving Average /
Price continues to trade above the Exponential Moving Average(5) for SCO

[BULLISH]: Scottish Pacific 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%.

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