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

Sims
+ Share

Sims : Percentage Volume Oscillator (1.41)
Percentage Volume /
Sims : Percentage Volume Oscillator (1.41)

[BULLISH]: Sims currently has positive PVO 1.41%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -2.2%.

Sims  has moved below the S1 Woodie pivot point ($16.696) [Bearish]
Woodie Pivot Point /
Sims has moved below the S1 Woodie pivot point ($16.696) [Bearish]

Sims has broken the first Woodie support point ($16.696) [Bearish]. Look for a short limit order entry near this point. Exit price for SGM should be set @$16.493 & short position stoploss for Sims should be set at $17.513

Rate of Change /
14-day rate of change is increasing for Sims

[BULLISH]: Sims currently has positive rate of change of 5.938%. 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

Sine Weighted Moving Average /
Sims is in a short term downtrend with the closing price @$16.95

[BEARISH]: Sims currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -2.2%.

Pivot Points /
Limit order for a short position has been identified for Sims [Bearish]

Sims has broken the first support point ($16.73) [Bearish]. Look for a short limit order entry near this point. Exit price for SGM should be set @$16.51 & short position stoploss for Sims should be set between $17.53 & $17.75

Elder Ray Index /
Bull power has increased for Sims signalling bullish conditions are likely

[BEARISH]: Sims Elder Ray Index is signalling a Bearish movementERI is -0.258 indicating bear power. Prices are being driven below the consensus of value for SGM during the last trading session [Selling Pressure]

Top companies for
Australian Stock Exchange
Advertisment
Accumulation / Distribution /
SGM: Current trading activity signals distribution is confirmed

SGM: ADLINE Current Signal -> (1) 22 Jun: BEARISH CROSSOVER (2) 21 Jun: BULLISH (3) 20 Jun: BULLISH

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

Sims Currently is a confirmed Fake Day. MFI indicator is up, volume is down for SGM. Trend continuation possible for SGM from reduced trading activity.

The WMA trend following signal is still current for Sims  [Bearish]
Weighted Moving Average /
The WMA trend following signal is still current for Sims [Bearish]

[BEARISH]: Sims 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 -2.2%.

Percentage Price /
Price percentage oscillator: Upward momentum is still present for Sims

[BULLISH]: Sims currently has positive PPO 1.779%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

MACD /
Positive momentum on the MACD histogram for SGM is maintained & supports a bullish move is likely

[BULLISH]: Sims currently has positive MACD of 0.0357. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 3.7%.

Ulcer Index /
Recent trading has highlighted low Ulcer index for Sims

[BEARISH]: Sims UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.755.

Recent trading for Sims  fell short of the previous close by -2.2 %
Closing Price /
Recent trading for Sims fell short of the previous close by -2.2 %

SGM: CLOSE Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BULLISH

Sims  is still oversold with the Lower Envelope Band @$16.0075
Moving Average Envelope /
Sims is still oversold with the Lower Envelope Band @$16.0075

[BULLISH]: Sims current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 16.0075.

Daily Volume Index /
Sims is now being accumulated based on DVI

[BULLISH CROSSOVER]: Sims current price has highlighted the commencement of accumulation and the start of bullish trading conditions. Currently, the DVI is 54.

Low Price /
Sims : Daily low price is $16.8 [Lower low]

[BULLISH]: Sims current downtrend in the first timeframe. Currently, the Low is $16.8 (-2.8 %).

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

[BULLISH]: Sims current price has highlighted recent buying pressure. Currently, the Elders Force Index is 55680.

Volume MACD oscillator remains positive for SGM
MACD Volume /
Volume MACD oscillator remains positive for SGM

[BULLISH]: Sims currently has positive Volume MACD of 19410. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

The SMA trend following signal is still current for Sims  [Bearish]
Simple Moving Average /
The SMA trend following signal is still current for Sims [Bearish]

SGM: SMA(5) Current Signal -> (1) 22 Jun: BEARISH (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

Exponential Moving Average /
Sims is in a short term downtrend with the resistance price @$17.2034

[BEARISH]: Sims currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -2.2%.

Medium Trend /
Recent trading indicates a continuation in T2 upward trend direction SGM [Uptrend]

[BULLISH]: Sims has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the May 30 2018.

Volume Rate of Change /
Positive VROC confirmation for SGM is a leading indicator for continued price rise

[BULLISH CROSSOVER]: Sims currently has positive volume of change of 73%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -2.2%.

Aroon Oscillator /
Sims : ARO(52) has signalled a strong uptrend is current

[BULLISH]: Sims has a current ARU(25) of 80 and a current ARD(25) of 28

[Bearish]: Opening performance for SGM of -2.4 % was achieved in last trading session
Opening Price /
[Bearish]: Opening performance for SGM of -2.4 % was achieved in last trading session

[BEARISH]: Sims opening price has gapped down. Currently, the OPEN is $17.17 (-2.4 %).

Sims : Stochastic Oscillator 48.2 is below the overbought limit
Stochastic Oscillator /
Sims : Stochastic Oscillator 48.2 is below the overbought limit

SGM: Stochastic Oscillator Signal -> (1) 22 Jun: BEARISH CROSSUNDER (2) 21 Jun: BEARISH (3) 20 Jun: BEARISH

Range Tod Vs Range Yest /
Sims : Range Performance (64.5)

SGM: Range today versus range yesterday Recent Trading -> (1) 22 Jun: 64.5% (2) 21 Jun: -22.5% (3) 20 Jun: -45.2%

See More   See more results
Advertisment
Advertisment
back to top