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

Shriro
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Shriro: Closed Window
Closed Window /
Shriro: Closed Window

[BEARISH]: Shriro has Gapped Down on previous bar.

Shriro: Daily opening price is $1.29
Opening Price /
Shriro: Daily opening price is $1.29

[BEARISH]: Shriro opening price has gapped down. Currently, the OPEN is $1.29 (-6.5 %).

Detrended Price Oscillator /
DPO for SHM has confirmed price is now below the displaced moving average

[BEARISH]: Shriro currently has a confirmed downtrend. Price is currently below the displaced moving average for SHM. Currently, the return on DPO20 is -16.8%.

Ulcer Index /
Ulcer index has increased in stress level & high drawdown is expected for Shriro

[BULLISH]: Shriro UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.511.

Bollinger Bands /
Bollinger oversold signal has just been triggered for Shriro

[BULLISH CROSSOVER]: Shriro has initiated an oversold signal, highlighting the potential for a short term trend reversal in the upward direction. The current level is -49.82% with a current width of 17.42.

Percentage Price /
PPO is now signalling a downward price fall for Shriro

[BEARISH CROSSOVER]: Shriro currently has negative PPO -1.413%. This means the current price is losing momentum through a fall on the short term exponential moving average.

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Stochastic Oscillator /
Stochastic Oversold signal is still current for Shriro [Bullish]

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

William %R oversold signal continues for Shriro indicating upward price movement is likely
Williams %R /
William %R oversold signal continues for Shriro indicating upward price movement is likely

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

Price continues to trade below the Exponential Moving Average(5) for SHM
Exponential Moving Average /
Price continues to trade below the Exponential Moving Average(5) for SHM

[BEARISH]: Shriro 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 -16.8%.

Low Price /
Recent trading for Shriro fell short of the previous low by -19.1 %

[BULLISH]: Shriro current downtrend in the first timeframe. Currently, the Low is $1.1 (-19.1 %).

MACD /
Shriro: MACD oscillator (-0.0206)

[BEARISH]: Shriro currently has negative MACD of -0.0206. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -17.9%.

Triangular Moving Average /
Triangular Moving Average(5) signal continues for Shriro indicating downward price movement is likely

SHM: TMA Current Signal -> (1) 21 May: BEARISH (2) 18 May: BEARISH CROSSOVER (3) 21 May: BULLISH CROSSOVER

Volatile price performance from SHM has seen a range of 0.2 [Uptrend]
Price Range /
Volatile price performance from SHM has seen a range of 0.2 [Uptrend]

SHM: Price Range Current Signal -> (1) 21 May: BULLISH (2) 18 May: BULLISH (3) 17 May: BULLISH

SHM: Aroon oscillator has confirmed a downtrend @-36
Aroon Oscillator /
SHM: Aroon oscillator has confirmed a downtrend @-36

[BEARISH]: Shriro has a current ARU(25) of 64 and a current ARD(25) of 100

Elder Ray Index /
Shriro: Bull power (-0.054) & Bear power (-0.254)

SHM: Elder Ray Index Current Signal -> (1) 21 May: BEARISH (2) 18 May: BEARISH (3) 21 May: BULLISH

Moving Average Envelope /
Oversold signal has just been triggered for Shriro

SHM: Envelope Bands Current Signal -> (1) 21 May: BEARISH CROSSOVER (2) 18 May: BEARISH (3) 21 May: BULLISH

Sine Weighted Moving Average /
Shriro: Closing price $1.14 is below the SWMA(5) @$1.353

SHM: SWMA Current Signal -> (1) 21 May: BEARISH (2) 18 May: BEARISH CROSSOVER (3) 21 May: BULLISH CROSSOVER

SHM Basic Candle: Black
Black Candle /
SHM Basic Candle: Black

[BEARISH]: Shriro has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Daily trading again produced an Downtrend bar for Shriro
Short Trend /
Daily trading again produced an Downtrend bar for Shriro

SHM: Daily Trend Current Signal -> (1) 21 May: BEARISH (2) 18 May: BEARISH (3) 21 May: BULLISH CONFIRM

14-day rate of change is now decreasing for Shriro
Rate of Change /
14-day rate of change is now decreasing for Shriro

[BEARISH CROSSOVER]: Shriro currently has negative rate of change of -19.718%. 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

Volume /
[Bullish]: Shriro has beaten previous volume by 1132.0

[BULLISH]: Shriro current volume uptrend in the first timeframe. Volume for SHM is 869408 (1132.0).

On Balance Volume /
OBV: Accumulation still active for Shriro

[BULLISH]: Shriro current price has highlighted recent accumulation. Currently, the OBV is 29322.

Volume Rate of Change /
14-day volume rate of change is now increasing for Shriro

[BULLISH CROSSOVER]: Shriro currently has positive volume of change of 9%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -16.8%.

Woodie Pivot Point /
Woodie pivot point for SHM is bearish. Stoploss should be positioned @$1.37

Shriro current pivot point (Woodie) is: $1.17. The current resistance levels are: (R1) $1.24: (R2) $1.37The current support levels are: (S1) $1.04: (S2) $0.97

SHM: Over the last 12 months there has been 45 trading days with the opening price in the upper shadow & the closing the price in the lower shadow
Open Tod Vs Close Tod /
SHM: Over the last 12 months there has been 45 trading days with the opening price in the upper shadow & the closing the price in the lower shadow

[BEARISH STRONG]: Shriro opened in the upper part of daily range at 95% & closed in the lower part of the trading range at 20%. This suggests the sellers were in control all day. Over the last 12 months there has been 45 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 17.1%. Over the last month there has been 5 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 33.3%.

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

[BEARISH]: Shriro 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 -16.8%.

Daily Volume Index /
Recent trading signals Shriro is being distributed

[BEARISH CROSSOVER]: Shriro current price has highlighted the commencement of distribution and the start of bearish trading conditions. Currently, the DVI is -1384.

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