Sandfire Resources

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The loss ratio for price fall in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 0.4x

[BEARISH]: Sandfire Resourcessellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for SFR adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -2.8 & the greatest daily negative change this year has been -64.2. The longest consecutive downswing rally over the last 12 months has been 5 days giving a total rally downward movement of -64.5%. This quarter, the largest downswing rally has been 5 days giving a total rally downward movement of -64.5%. The loss ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 0.4x. Over the last month the average daily downward movement has been -1.400000%

Selling pressure for SFR.AX continues - bearish signal

Selling pressure for SFR.AX continues - bearish signal

[BEARISH]: Sandfire Resources current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.08. Sandfire Resources (ASX:SFR) received a confirmed CMF crossover days on the May 23 2019. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.1 occurring on the May 23 2019.

SFR: Over the last month there has been 4 trading  days with the closing price in the lower range giving a confirmation ratio of 22.2%.

SFR: Over the last month there has been 4 trading days with the closing price in the lower range giving a confirmation ratio of 22.2%.

[BEARISH]: Sandfire Resources sellers in control. There has been 3 consecutive days of prices closing in the lower part of the trading range for Sandfire 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 4 trading days with the closing price in the lower part of the range giving a confirmation ratio of 1.5%. Over the last month there has been 4 trading days with the closing price in the lower range giving a confirmation ratio of 22.2%. Currently this quarter, closing price has spent 4 days in the lower price range compared to 1 days in the upper range giving a ratio of 4x.

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