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

Somnomed
+ Share

Ulcer index has reduced in stress level for Somnomed & low drawdown is expected
Ulcer Index /
Ulcer index has reduced in stress level for Somnomed & low drawdown is expected

[BEARISH]: Somnomed UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.827.

SOM Basic Candle: Black Marubozu
Black Marubozu /
SOM Basic Candle: Black Marubozu

SOM: Basic Candlestick Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: NEUTRAL (3) 18 Apr: BULLISH

Range Tod Vs Range Yest /
Somnomed: Range Performance (0.0)

SOM: Range today versus range yesterday Recent Trading -> (1) 20 Apr: 0.0% (2) 19 Apr: 0.0% (3) 18 Apr: 150.0%

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

SOM: PVO Current Signal -> (1) 20 Apr: BULLISH (2) 19 Apr: BULLISH CROSSOVER (3) 18 Apr: BULLISH CROSSOVER

Gap Down /
A short term Gap Down has formed with Somnomed

SOM: Bar Reversal Current Signal -> (1) 20 Apr: BULLISH (2) 19 Apr: NEUTRAL (3) 18 Apr: BULLISH

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

Somnomed has broken the first DeMark support point ($2.9925) [Bearish]. Look for a short limit order entry near this point. Exit price for SOM should be set @$2.9850 & short position stoploss for Somnomed should be set at $2.9950

Top companies for
Australian Stock Exchange
Advertisment
Triangular Moving Average /
The TMA trend following signal is now active for Somnomed [Bearish]

[BEARISH]: Somnomed 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 -3.5%.

Somnomed: Average Directional Index (10.64) has confirmed a weak trend is present
Average Directional Movement /
Somnomed: Average Directional Index (10.64) has confirmed a weak trend is present

[Weak Trend]: ADX for SOM has confirmed a weak trend is presentSomnomed has an ATR(14) of 0.058, a DX of 23.17 & an ADX(14) of 10.64

[Short]: Limit orders for Somnomed should be set at $0.2500
Fibonacci Extensions /
[Short]: Limit orders for Somnomed should be set at $0.2500

Somnomed: The current Fibonacci Extension levels are: (23.61%) $3.0400: (38.2%) $3.0700: (50%) $3.1000: (61.8%) $3.1300The current support levels are: (78.6%) $3.1600: (100%) $3.2100: (138.2%) $3.2900: (161.8%) $3.3500: (261.8%) $3.5700: (423.61%) $3.9200

Chaikin Money Flow /
CMF has positive divergence between price and volume

[BULLISH]: Somnomed current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.1500. SOM received a confirmed CMF crossover days on the Apr 18 2018.The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.21 occurring on the Apr 18 2018.

Daily Volume Index /
Market conditions are indicating DVI accumulation is current for SOM

[BULLISH]: Somnomed current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 159.0000.

Rate of Change /
Negative ROC: Price is now trading lower for Somnomed than 14 days ago

[BEARISH CROSSOVER]: Somnomed currently has negative rate of change of -1.6%. 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

Somnomed: MACD @0.0030 [Bullish]
MACD /
Somnomed: MACD @0.0030 [Bullish]

[BULLISH]: Somnomed currently has positive MACD of 0.0030. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -3.5%.

[Downtrend]: Price for Somnomed is currently below the displaced moving average
Detrended Price Oscillator /
[Downtrend]: Price for Somnomed is currently below the displaced moving average

[BEARISH]: Somnomed currently has a confirmed downtrend. Price is currently below the displaced moving average for SOMCurrently, the return on DPO20 is -3.5%.

Momentum /
5-day momentum is now decreasing for Somnomed

[BEARISH CROSSOVER]: Somnomed currently has negative momentum of -0.01 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -3.5%.The largest downward momentum rally for the last 3 months is 7 days producing a return of -5.6%%.

Closing Price /
Somnomed: Daily performance is -3.5 % [Downtrend]

SOM: CLOSE Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: NEUTRAL (3) 18 Apr: BULLISH

High Price /
High for SOM has not surpassed the high of the previous trading session

[BEARISH]: Somnomed current downtrend in the first timeframe. Currently, the HIGH is -3.2 %.

MFI Oversold signal is still current for Somnomed
Money Flow Index /
MFI Oversold signal is still current for Somnomed

[BEARISH]: Somnomed current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 11.07. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 71.46.

Weaker price performance from SOM has seen a lower low of -3.5 % [Downtrend]
Low Price /
Weaker price performance from SOM has seen a lower low of -3.5 % [Downtrend]

[BULLISH]: Somnomed current downtrend in the first timeframe. Currently, the Low is $2.9900 (-3.5 %).

Somnomed: Closed Window
Closed Window /
Somnomed: Closed Window

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

Aroon Oscillator /
Aroon oscillator for Somnomed has signalled a strong downtrend is active

[BEARISH]: Somnomed has a current ARU(25) of 8.0000 and a current ARD(25) of 100.0000

Moving Average Envelope /
Oversold signal continues for Somnomed indicating upward price movement is likely

[BULLISH]: Somnomed current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 2.9260.

Opening Price /
Somnomed: Opening price is $3 (-3.2000000000000000 %)

[BEARISH]: Somnomed opening price has gapped down. Currently, the OPEN is $3 (-3.2000000000000000 %).

Woodie Pivot Point /
Woodie pivot point for SOM is bearish. Stoploss should be positioned @$3.0030

Somnomed has broken the first Woodie support point ($2.9860) [Bearish]. Look for a short limit order entry near this point. Exit price for SOM should be set @$2.9830 & short position stoploss for Somnomed should be set at $3.0030

William %R for SOM has crossed below the oversold limit triggering a bullish crossover signal
Williams %R /
William %R for SOM has crossed below the oversold limit triggering a bullish crossover signal

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

Exponential Moving Average(5) signal is confirmed for Somnomed indicating downward price movement is likely
Exponential Moving Average /
Exponential Moving Average(5) signal is confirmed for Somnomed indicating downward price movement is likely

[BEARISH]: Somnomed 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 -3.5%.

Commodity Channel Index /
Potential initiation of a trend reversal (Bullish) for Somnomed

[BULLISH CROSSOVER]: Somnomed current price has driven Commodity Channel Index to become oversold signalling the start of bullish trading conditions. Currently, the CCI is -140.0000. During the quarter, the lowest CCI value was -140. The last oversold signal occurred on Apr 10 2018

See More   See more results
Advertisment
Advertisment
back to top