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

Spark Infrastructure
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CMF Crossover has positive divergence between price & vol
Chaikin Money Flow /
CMF Crossover has positive divergence between price & vol

[BEARISH CROSSOVER]: Spark Infrastructure current price has highlighted recent selling pressure and the start of a bearish trading conditions. Currently, the CMF is -0.37. During the quarter, the lowest CMF value was -0.37

The largest daily price range this year for SKI  has been $0.12
Range Tod Vs Range Yest /
The largest daily price range this year for SKI has been $0.12

[WEAK BULLISH]: Spark Infrastructure sellers are becoming less eager. There has been 2 consecutive days of range increase for SKI reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.12 & the greatest daily price range this year has been $0.12. The price range ratio this week versus the quarterly price range is 0.6x & the price range ratio this month versus the year to date price range is 1x.

Stochastic Oscillator /
Oversold signal for the Stochastic Oscillator is still current for Spark Infrastructure

SKI: Stochastic Oscillator Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: NEUTRAL

Detrended Price Oscillator /
DPO for SKI has confirmed price is currently below the displaced moving average

SKI: DPO Current Signal -> (1) 11 Jan: BEARISH (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH CROSSOVER

Open Tod Vs Close Tod /
Spark Infrastructure : Over the last month there has been 3 trading days giving a confirmation ratio of 37.5%.

[BEARISH]: Spark Infrastructure opened in the middle part of daily range at 50% & closed in the lower part of the trading range at 0%. This suggests the sellers have taken control. Over the last 12 months there has been 27 trading days with the opening price in the middle shadow & the closing the price in the lower shadow giving a confirmation ratio of 10.3%. 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 lower price range giving a confirmation ratio of 37.5%.

Sine Weighted Moving Average /
Spark Infrastructure : Closing price $2.41 is below the SWMA(5) @$2.439

[BEARISH]: Spark Infrastructure 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 -0.4%.

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Woodie Pivot Point /
Spark Infrastructure : Look for a short limit order entry @$2.4

Spark Infrastructure has broken the first Woodie support point ($2.4) [Bearish]. Look for a short limit order entry near this point. Exit price for SKI should be set @$2.395 & short position stoploss for Spark Infrastructure should be set at $2.435

The TMA trend following signal is still current for Spark Infrastructure  [Bearish]
Triangular Moving Average /
The TMA trend following signal is still current for Spark Infrastructure [Bearish]

[BEARISH]: Spark Infrastructure currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.4%.

Percentage Price /
The current price is now losing momentum through a fall for SKI on the short term EMA.

[BEARISH CROSSOVER]: Spark Infrastructure currently has negative PPO -2.000%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Momentum /
Spark Infrastructure currently has negative momentum of -0.05

[BEARISH]: Spark Infrastructure currently has negative momentum of -0.05 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.4%.The largest downward momentum rally for the last 3 months is 1 days producing a return of -1.6%%.

Elders Force Index /
Elders Force Index (-69586) has signalled bearish conditions in recent trading for SKI

[BEARISH]: Spark Infrastructure current price has highlighted recent selling pressure. Currently, the Elders Force Index is -69586.

Recent trading for Spark Infrastructure  fell short of the previous low by -0.2 %
Low Price /
Recent trading for Spark Infrastructure fell short of the previous low by -0.2 %

[BULLISH]: Spark Infrastructure current downtrend in the first timeframe. Currently, the Low is $2.41 (-0.2 %).

SKI Basic Candle: Black
Black Candle /
SKI Basic Candle: Black

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

Percentage Volume /
SKI: Percentage Volume Oscillator [Bearish]

[BEARISH]: Spark Infrastructure currently has negative PVO -0%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 0%.

Ease of Movement /
Trading session closed lower on high volume for Spark Infrastructure [Bearish]

SKI: EOM Recent Trading -> (1) 11 Jan: -0.016 (2) 11 Jan: -1.438 (3) 11 Jan: 6.552

Elder Ray Index /
Spark Infrastructure : Bull power (-0.046) & Bear power (-0.066)

[BEARISH]: Spark Infrastructure Elder Ray Index is signalling a Bearish movementERI is -0.066 indicating bear power. Prices are being driven below the consensus of value for SKI during the last trading session [Selling Pressure]

SKI: Current trading activity signals OBV distribution is active
On Balance Volume /
SKI: Current trading activity signals OBV distribution is active

[BEARISH]: Spark Infrastructure current price has highlighted recent distribution. Currently, the OBV is -5.83412e+007.

Pivot point for SKI is bearish. Stoploss should be positioned @$2.437
Pivot Points /
Pivot point for SKI is bearish. Stoploss should be positioned @$2.437

Spark Infrastructure has broken the first support point ($2.404) [Bearish]. Look for a short limit order entry near this point. Exit price for SKI should be set @$2.397 & short position stoploss for Spark Infrastructure should be set between $2.437 & $2.444

Price volatility is low for SKI based on the lower price range ($0.02) [Downtrend]
Price Range /
Price volatility is low for SKI based on the lower price range ($0.02) [Downtrend]

[BEARISH]: Spark Infrastructure current downtrend in the first timeframe. Currently, the Range is $0.02.

Rate of Change /
ROC continues to fall for Spark Infrastructure signalling an downtrend will persist

SKI: ROC Current Signal -> (1) 11 Jan: BEARISH (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH

Commodity Channel Index /
The CCI indicator for Spark Infrastructure is still below the oversold limit

[BULLISH]: Spark Infrastructure current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -115. SKI received a confirmed CCI crossover on the Jan 10 2018.The bullish signal has been active for 2 days. During the quarter, the lowest CCI value was -123.

Average Directional Movement /
Spark Infrastructure : Average Directional Index (28.36)

[Trend]: ADX for SKI has confirmed a strong trend is presentSpark Infrastructure has an ATR(14) of 0.041, a DX of 38.41 & an ADX(14) of 28.36

Ulcer Index /
Ulcer index has increased as the price has fallen for Spark Infrastructure

SKI: UIC Recent Trading -> (1) 11 Jan: 7.044 (2) 11 Jan: 2.789 (3) 11 Jan: 8.167

Recent trading for Spark Infrastructure  fell short of the previous volume by -45
Volume /
Recent trading for Spark Infrastructure fell short of the previous volume by -45

[BEARISH]: Spark Infrastructure current volume downtrend in the first timeframe. Volume for SKI is2.86518e+006 (-45).

SKI: Over the last 12 months there has been 92 trading  days with the closing price in the lower part of the range giving a confirmation ratio of 35.2%.
Close Tod Vs Range Tod /
SKI: Over the last 12 months there has been 92 trading days with the closing price in the lower part of the range giving a confirmation ratio of 35.2%.

[BEARISH]: Spark Infrastructure sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Spark Infrastructure adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 92 trading days with the closing price in the lower part of the range giving a confirmation ratio of 35.2%. Over the last month there has been 8 trading days with the closing price in the lower range giving a confirmation ratio of 100%. Currently this quarter, closing price has spent 8 days in the lower price range compared to 7 days in the upper range giving a ratio of 1.1x.

MACD Volume /
Spark Infrastructure : Volume MACD @84717 [Bullish]

[BULLISH]: Spark Infrastructure currently has positive Volume MACD of 84717. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

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