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

SG Fleet
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The EMA trend following signal is still current for SG Fleet  [Bullish]
Exponential Moving Average /
The EMA trend following signal is still current for SG Fleet [Bullish]

[BULLISH]: SG Fleet 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 1.4%.

[Uptrend]: Recent trading for SGF indicates ST trend is likely to continue
Simple Moving Average /
[Uptrend]: Recent trading for SGF indicates ST trend is likely to continue

[BULLISH]: SG Fleet currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 1.4%.

On Balance Volume /
Traders are currently accumulating SG Fleet

[BULLISH]: SG Fleet current price has highlighted recent accumulation. Currently, the OBV is 1.44987e+006.

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

[BULLISH]: SG Fleet 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 1.4%.

MACD /
MACD for SG Fleet continues to gain momentum @0.0128

[BULLISH]: SG Fleet currently has positive MACD of 0.0128. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 1.4%.

Elders Force Index /
SG Fleet : Direction, extent & volume have increased in recent trading [Buying Pressure]

[BULLISH]: SG Fleet current price has highlighted recent buying pressure. Currently, the Elders Force Index is 9118.

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High Wave Line /
SG Fleet : High Wave Line

[REVERSAL]: SG Fleet has formed a new High Wave Line reversal pattern.

SG Fleet : Bull power (0.135) & Bear power (0.025)
Elder Ray Index /
SG Fleet : Bull power (0.135) & Bear power (0.025)

[BULLISH]: SG Fleet Elder Ray Index is signalling a Bullish movementERI is 0.135 indicating bull power. Prices are being driven above the consensus of value for SGF during the last trading session [Buying Pressure]

Positive momentum on volume for SGF is maintained & supports a bullish move is likely
Percentage Volume /
Positive momentum on volume for SGF is maintained & supports a bullish move is likely

[BULLISH]: SG Fleet currently has positive PVO 21.61%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 3.7%.

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

[BULLISH]: SG Fleet current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 3.477.

Short White Candle /
SGF Basic Candle: Short White

SGF: Basic Candlestick Current Signal -> (1) 20 Jun: BULLISH WEAK (2) 19 Jun: BULLISH (3) 18 Jun: NEUTRAL

Detrended Price Oscillator /
Bearish trading conditions for SG Fleet has been signalled from the DPO (-0.0645)

[BEARISH]: SG Fleet currently has a confirmed downtrend. Price is currently below the displaced moving average for SGF. Currently, the return on DPO20 is 1.4%.

[Bullish]: SG Fleet  has beaten previous close by 1.4 %
Closing Price /
[Bullish]: SG Fleet has beaten previous close by 1.4 %

SGF: CLOSE Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH (3) 18 Jun: BEARISH

SG Fleet : Daily price range is 0.11 [Downtrend]
Price Range /
SG Fleet : Daily price range is 0.11 [Downtrend]

[BEARISH]: SG Fleet current downtrend in the first timeframe. Currently, the Range is $0.11.

Aroon Oscillator /
Daily trading has confirmed an Aroon strong downtrend (-56) for SG Fleet

[BEARISH]: SG Fleet has a current ARO(25) of -56. This has change 0 points from yesterday.

Sine Weighted Moving Average /
Price continues to trade above the Sine Weighted Moving Average(5) for SGF

[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 1.4%.

Fibonacci Fans /
[Short]: Exit price for SGF should be set @$2.47

SG Fleet has moved below the 61.8% retracement level ($3.93) [Bearish]. Look for a short limit order entry near this point. Exit price for SGF should be set @$2.47 & short position stoploss for SG Fleet should be set between $2.51

[Bearish]: Lower volume has formed for SGF by -60.1 during the last trading session
Volume /
[Bearish]: Lower volume has formed for SGF by -60.1 during the last trading session

[BEARISH]: SG Fleet current volume downtrend in the first timeframe. Volume for SGF is 257875 (-60.1).

DVI: Distribution still active for SG Fleet
Daily Volume Index /
DVI: Distribution still active for SG Fleet

[BEARISH]: SG Fleet current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -2837.

Daily trading performance for SGF has continued a short term uptrend
Close Tod Vs Close Yest /
Daily trading performance for SGF has continued a short term uptrend

[BULLISH]: SG Fleet buyers are keener than sellers and are driving the price up. There has been 2 consecutive days of price rise for SGF adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 4.0 & the greatest daily positive change this year has been 10.6. The longest consecutive upswing rally over the last 12 months has been 7 days giving a total rally upward movement of 14.4%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 14.4%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.8x. Over the last month the average daily upward movement has been 1.400000%

Weighted Moving Average /
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 WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 1.4%.

Low Price /
SG Fleet : Daily low price is $3.63 [Lower Low]

[BEARISH]: SG Fleet current uptrend in the first timeframe. Currently, the Low is $3.63 (2.5 %).

Average Directional Movement /
Average Directional Index for SG Fleet has signalled a weak trend is active

[Weak Trend]: ADX for SGF has confirmed a weak trend is present. SG Fleet has an ATR(14) of 0.13, a DX of 32.88 & an ADX(14) of 22.18

MACD Volume /
[Bullish]: SG Fleet currently has positive Volume MACD histogram 49175

SGF: Volume MACD Current Signal -> (1) 20 Jun: BULLISH (2) 19 Jun: BULLISH CROSSOVER (3) 18 Jun: BULLISH CROSSOVER

DeMark pivot point for SGF is bearish. Stoploss should be positioned @$3.775
Demarks Pivot Points /
DeMark pivot point for SGF is bearish. Stoploss should be positioned @$3.775

SG Fleet has broken the first DeMark support point ($3.7025) [Bearish]. Look for a short limit order entry near this point. Exit price for SGF should be set @$3.6650 & short position stoploss for SG Fleet should be set at $3.775

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

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

Volume Rate of Change /
14-day volume rate of change is increasing for SG Fleet

[BULLISH]: SG Fleet currently has positive volume of change of 370%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 1.4%.

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