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

SG Fleet
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Trading session closed lower on low volume for SG Fleet  [Bearish]
Ease of Movement /
Trading session closed lower on low volume for SG Fleet [Bearish]

[BEARISH]: SG Fleet current price have moved downwards on low volume. Currently, the Ease of Movement is -14.798

SG Fleet : Daily price range is $0.14 [Uptrend]
Price Range /
SG Fleet : Daily price range is $0.14 [Uptrend]

SGF: Price Range Current Signal -> (1) 12 Dec: BULLISH (2) 11 Dec: BEARISH (3) 08 Dec: BULLISH

Momentum /
SG Fleet : Momentum(5)

[BULLISH]: SG Fleet currently has positive momentum of 0.05. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -0.5%. The largest upward momentum rally for the last 3 months is 4 days producing a return of 5%%.

Fibonacci Extensions /
SG Fleet : 1.618 Fibonacci Extension ($4.4)

SG Fleet has moved above the 161.8% level ($2.22) [Bearish]. Look for a short limit order entry near this point. Exit price for SGF should be set @$2.36 & short position stoploss for SG Fleet should be set at $2.08

Stochastic Oscillator /
Stochastic overbought signal has just been neutralized for SG Fleet

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

Chaikin Money Flow /
SG Fleet : CMF has confirmed bullish relationship between price & volume

[BULLISH]: SG Fleet current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.74. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.76

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Low Price /
SG Fleet : Daily low performance is -1.5 % [Downtrend]

[BULLISH]: SG Fleet current downtrend in the first timeframe. Currently, the Low is $4.01 (-1.5 %).

SGF Basic Candle: White
White Candle /
SGF Basic Candle: White

[BULLISH]: SG Fleet has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

[Short]: Exit price for SGF should be set @$3.963
Pivot Points /
[Short]: Exit price for SGF should be set @$3.963

SG Fleet has broken the first support point ($4.056) [Bearish]. Look for a short limit order entry near this point. Exit price for SGF should be set @$3.963 & short position stoploss for SG Fleet should be set between $4.243 & $4.336

Bill Williams Market Facilitation /
Market movement continuation likely for SGF as a result of Fake Day

SGF: BWMF Current Signal -> (1) 12 Dec: Fake Day (2) 11 Dec: Squat Day (3) 08 Dec: Squat Day

Close Tod Vs Range Tod /
Trading for SG Fleet highlights the commitment of buyers to carry positions overnight.

[BULLISH]: SG Fleet buyers are in control at the market close. There has been 4 consecutive days of prices closing in the upper part of the trading range for SG Fleet 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 254 trading days with the closing price in the upper part of the range giving a confirmation ratio of 96.6%. Over the last month there has been 5 trading days with the closing price in the upper range giving a confirmation ratio of 62.5%. Currently this quarter, closing price has spent 40 days in the upper price range compared to 36 days in the lower range giving a ratio of 1.1x.

Exponential Moving Average /
[Bullish]: EMA(5) is serving as a support line for SG Fleet

SGF: EMA(5) Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BEARISH (3) 08 Dec: BEARISH CROSSOVER

Third timeframe trend of SG Fleet  remains as an Uptrend
Long Trend /
Third timeframe trend of SG Fleet remains as an Uptrend

SGF: Long Term Trend Current Signal -> (1) 12 Dec: BULLISH (2) 11 Dec: BULLISH (3) 08 Dec: BULLISH

Sine Weighted Moving Average(5) signal continues for SG Fleet  indicating upward price movement is likely
Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal continues for SG Fleet indicating upward price movement is likely

[BULLISH]: SG Fleet currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.5%.

Moving Average Envelope /
SG Fleet is still oversold with the Lower Envelope Band @$3.9330

[BEARISH]: SG Fleet current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 4.3470.

Rate of Change /
SG Fleet has initiated a negative rate of change of -0.955

[BEARISH CROSSOVER]: SG Fleet currently has negative rate of change of -1%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Open Tod Vs Close Tod /
Open/close reversal: Buyers have taken control during the trading day for SG Fleet

[BULLISH]: SG Fleet opened in the middle part of daily range at 57.1% & closed in the upper part of the trading range at 100%. This suggests the buyers have taken control. Over the last 12 months there has been 21 trading days with the opening price in the middle shadow & the closing the price in the upper shadow giving a confirmation ratio of 8%. Over the last month there has been 3 trading days with the opening price in the middle price range & the closing the price in the upper price range giving a confirmation ratio of 37.5%.

[Bearish]: Displaced moving average is now above the price for SGF
Detrended Price Oscillator /
[Bearish]: Displaced moving average is now above the price for SGF

[BEARISH]: SG Fleet currently has a confirmed downtrend. Price is currently below the displaced moving average for SGFCurrently, the return on DPO20 is -0.5%.

SG Fleet  is in a short term uptrend with the support price @$4.136
Simple Moving Average /
SG Fleet is in a short term uptrend with the support price @$4.136

[BEARISH]: SG Fleet currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.5%.

SGF: Moving Average Convergence Divergence [Bullish]
MACD /
SGF: Moving Average Convergence Divergence [Bullish]

[BULLISH]: SG Fleet currently has positive MACD of 0.012000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -1.2%.

Williams %R /
William %R overbought signal has just been neutralized for SG Fleet

[BULLISH]: SG Fleet is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Volume Rate of Change /
SG Fleet : Volume rate of Change (14) Crossover

[BEARISH CROSSOVER]: SG Fleet currently has negative rate of change of -25%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -0.5%.

Average True Range /
Recent trading indicates ATR upward trend direction likely for SGF [Uptrend]

[Bullish]: Average True Range has confirmed an uptrend is present. SG Fleet has a TR of 0.16, and an ATR(14) of 0.134.

Average Directional Movement /
SGF: Average Directional Index has confirmed a weak trend @9.18

SGF: Average Directional Index Recent Trading -> (1) 12 Dec: 9.18 (2) 11 Dec: 9.39 (3) 08 Dec: 9.55

SG Fleet : Current trading activity signals OBV accumulation is present
On Balance Volume /
SG Fleet : Current trading activity signals OBV accumulation is present

[BULLISH]: SG Fleet current price has highlighted recent accumulation. Currently, the OBV is 2.46433e+006.

Price is now trading below the Weighted Moving Average(5) for SGF
Weighted Moving Average /
Price is now trading below the Weighted Moving Average(5) for SGF

[BEARISH]: SG Fleet currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.5%.

MACD Volume /
Volume MACD for SG Fleet continues to lose momentum @-20908)

[BEARISH]: SG Fleet currently has negative Volume MACD of -20908. This means the signal line is less than the Volume MACD line signalling a bearish movement.

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