Service Stream

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Closing price for SSM ($2.48) signals buyers are still keener than sellers

[BULLISH]: Service Streambuyers are keener than sellers and are driving the price up. There has been 4 consecutive days of price rise for SSM adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 3.8 & the greatest daily positive change this year has been 5.4. The longest consecutive upswing rally over the last 12 months has been 8 days giving a total rally upward movement of 14.5%. This quarter, the largest upswing rally has been 6 days giving a total rally upward movement of 7.8%. The win ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 6x. Over the last month the average daily upward movement has been 1.000000%

Continuation of the overbought CCI signal for SSM.AX

[BEARISH]: Service Stream (ASX:SSM) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 140. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 247.

Open/close reversal: Buyers have lost commitment during the trading day for SSM

Open/close reversal: Buyers have lost commitment during the trading day for SSM

[BULLISH WEAK]: Service Stream opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 40%. This suggests the buyers have lost commitment. Over the last 12 months there has been 2 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 0.8%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 11.1%.

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