SHJ | Australian Securities Exchange

Shine Corporate
+ Share

Shine Corporate has broken below the 161.8% extension level ($3.76) [Bullish]
Fibonacci Extensions /
Shine Corporate has broken below the 161.8% extension level ($3.76) [Bullish]

Shine Corporate: The current Fibonacci Extension levels are: (23.61%) $0.74: (38.2%) $0.76: (50%) $0.78: (61.8%) $0.79The current support levels are: (78.6%) $0.82: (100%) $0.85: (138.2%) $0.91: (161.8%) $0.94: (261.8%) $1.09: (423.61%) $1.34

Closing price for SHJ has crossed above the lower envelope triggering a neutral signal
Moving Average Envelope /
Closing price for SHJ has crossed above the lower envelope triggering a neutral signal

[Close Short]: Shine Corporate current trading has closed out Envelope Bands to oversold status and signalled the initiation of long trading conditions. Currently, the Lower Band is 0.7125.

Simple Moving Average /
The SMA trend following signal is now active for Shine Corporate [Bullish]

[BULLISH]: Shine Corporate currently has a confirmed uptrend. Recent trading has caused the SMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 4.3%.

Stochastic Oscillator /
Shine Corporate is no longer overbought [Neutral]

SHJ: Stochastic Oscillator Signal -> (1) 07 Dec: BEARISH CROSSUNDER (2) 06 Dec: BULLISH CROSSOVER (3) 05 Dec: NEUTRAL

Aroon Oscillator /
Daily bar has confirmed has confirmed an Aroon strong downtrend is intact for SHJ

[BEARISH]: Shine Corporate has a current ARU(25) of 28 and a current ARD(25) of 96

Elders Force Index /
Bearish conditions for SHJ are likely to continue based on EFI (-294)

[BEARISH]: Shine Corporate current price has highlighted recent selling pressure. Currently, the Elders Force Index is -294.

Shine Corporate: Elder Ray Index is 0.006 [Bullish]
Elder Ray Index /
Shine Corporate: Elder Ray Index is 0.006 [Bullish]

[BULLISH]: Shine Corporate Elder Ray Index is signalling a Bullish movementERI is 0.006 indicating bull power. Prices are being driven above the consensus of value for SHJ during the last trading session [Buying Pressure]

Williams %R /
Shine Corporate is no longer oversold [Neutral]

SHJ: William %R Current Signal -> (1) 07 Dec: BEARISH CROSSUNDER (2) 06 Dec: BULLISH CROSSOVER (3) 05 Dec: NEUTRAL

Pivot point for SHJ is bullish. Stoploss should be positioned @$0.707
Pivot Points /
Pivot point for SHJ is bullish. Stoploss should be positioned @$0.707

Shine Corporate has broken the first resistance point ($0.747) [Bullish]. Look for a long limit order entry near this point. Exit price for SHJ should be set @$0.747 & Stoploss for Shine Corporate should be set between $0.707 & $0.699

Shine Corporate: 0.618 Fibonacci Retraction (0.79)
Fibonacci Retracements /
Shine Corporate: 0.618 Fibonacci Retraction (0.79)

Shine Corporate: The current Fibonacci Retraction levels are: (23.61%) $0.74: (38.2%) $0.76: (50%) $0.78: (61.8%) $0.79The current support levels are: (78.6%) $0.82: (100%) $0.85: (138.2%) $0.91: (161.8%) $0.94: (261.8%) $1.09: (423.61%) $1.34

Triangular Moving Average /
Price continues to trade below the Triangular Moving Average(15) for SHJ

[BEARISH]: Shine Corporate currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 4.3%.

Donchian Channels /
Upper Donchian Band Overbought signal had been maintained for Shine Corporate

[BEARISH]: Shine Corporate is currently bearish highlighting the potential for a short term trend continuation in the downward direction.

Percentage Volume /
Percentage volume oscillator remains negative for SHJ

[BEARISH]: Shine Corporate currently has negative PVO -47.64%. The recent volume is losing momentum through a fall on the short term exponential moving average.

The EMA trend following signal is still current for Shine Corporate [Bearish]
Exponential Moving Average /
The EMA trend following signal is still current for Shine Corporate [Bearish]

[BEARISH]: Shine Corporate currently has a confirmed downtrend. Recent trading has caused the EMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is 4.3%.

Chaikin Money Flow /
Shine Corporate: Negative divergence confirmed from CMF Crossover

[BEARISH CROSSOVER]: Shine Corporate current price has highlighted recent selling pressure and the start of a bearish trading conditions. Currently, the CMF is -0.06. During the quarter, the lowest CMF value was -0.35 occurring on the Dec 6 2018.

Weighted Moving Average /
Shine Corporate: Weighted Moving Average(15) (0.723)

[BULLISH]: Shine Corporate currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 4.3%.

Close Tod Vs Range Tod /
SHJ: Over the last 12 months there has been 4 trading days with the closing price in the upper part of the range giving a confirmation ratio of 1.5%.

[BULLISH]: Shine Corporate buyers are in control at the market close. This is the first day of buyer commitment for Shine Corporate 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 4 trading days with the closing price in the upper 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 upper range giving a confirmation ratio of 80%. Currently this quarter, closing price has spent 4 days in the upper price range compared to 1 days in the lower range giving a ratio of 4x.

[Fake Day]: MFI indicator is up, volume is down for Shine Corporate
Bill Williams Market Facilitation /
[Fake Day]: MFI indicator is up, volume is down for Shine Corporate

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

Shine Corporate: Volume MACD @1485 [Bullish]
MACD Volume /
Shine Corporate: Volume MACD @1485 [Bullish]

[BULLISH]: Shine Corporate currently has positive Volume MACD of 1485. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Traders are currently distributing Shine Corporate
Daily Volume Index /
Traders are currently distributing Shine Corporate

[BEARISH CROSSOVER]: Shine Corporate (ASX:SHJ) current price has highlighted the commencement of distribution and the start of bearish trading conditions. Currently, the DVI is -23.

Volume Rate of Change /
14-day volume rate of change is decreasing for Shine Corporate

[BEARISH]: Shine Corporate currently has negative rate of change of -70%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 4.3%.

Ulcer Index /
Ulcer index has increased as the price has fallen for Shine Corporate

[BULLISH]: Shine Corporate UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 12.964.

Ease of Movement /
Recent trading was only supported by low volume for Shine Corporate

[BULLISH]: Shine Corporate current price have moved upwards on low volume. Currently, the Ease of Movement is 5.692

Short Trend /
First timeframe trend of Shine Corporate has signalled an Uptrend

[BULLISH]: Shine Corporate is in an uptrend in the short term timeframe. The buyers have dominated the daily trade, however further confirmation is required before taking a position.

Shine Corporate: 0.618 Fibonacci Fan ($0.81)
Fibonacci Fans /
Shine Corporate: 0.618 Fibonacci Fan ($0.81)

Shine Corporate: The current Fibonacci Fan levels are: (23.61%) $0.76: (38.2%) $0.78: (50%) $0.8: (61.8%) $0.81The current support levels are: (78.6%) $0.84: (100%) $0.87: (138.2%) $0.93: (161.8%) $0.96: (261.8%) $1.12: (423.61%) $1.37

14-day rate of change is decreasing for Shine Corporate
Rate of Change /
14-day rate of change is decreasing for Shine Corporate

SHJ: ROC Recent Trading -> (1) 07 Dec: -3.947 (2) 06 Dec: -6.667 (3) 05 Dec: -6.918

On Balance Volume /
OBV: Distribution still active for Shine Corporate

[BEARISH]: Shine Corporate current price has highlighted recent distribution. Currently, the OBV is -687.

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