Technical analysis from Suncorp-Metway (SUN.AX.AX, ASX:SUN.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Suncorp-Metway
+ Share

Suncorp-Metway: Momentum(5) Crossover
Momentum /
Suncorp-Metway: Momentum(5) Crossover

[BEARISH CROSSOVER]: Suncorp-Metway currently has negative momentum of -0.15 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 -1.2%%.

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

[BEARISH]: Suncorp-Metway current downtrend in the first timeframe. Currently, the HIGH is -1.1 %.

Medium Trend /
Second timeframe trend of Suncorp-Metway has signalled an Downtrend

[BEARISH]: Suncorp-Metway is in an downtrend in the medium term timeframe. The current rally number is 2 & the highest rally count for the LTM is 31. The highest rally for the month is 8

Camarilla Pivot Points /
Stoploss for Suncorp-Metway should be set between $11.405 & $10.267

Suncorp-Metway has broken the first Camarilla resistance point ($14.818) [Bullish]. Look for a long limit order entry near this point. Exit price for SUN should be set @$15.955 & Stoploss for Suncorp-Metway should be set between $11.405 & $10.267

Williams %R /
Initiation of oversold signal for Suncorp-Metway [Bullish Crossover]

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

Long Trend /
Suncorp-Metway has maintained the 3rd timeframe trend [Uptrend]

[BULLISH]: Suncorp-Metway is in an uptrend in the medium term timeframe. The current rally number is 2 & the highest rally count for the LTM is 158. The highest rally for the month is 8

Top companies for
Australian Stock Exchange
Advertisment
Moving Average Envelope /
Oversold signal continues for Suncorp-Metway indicating upward price movement is likely

[BULLISH]: Suncorp-Metway current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 13.3380.

Recent trading for Suncorp-Metway fell short of the previous close by -0.4 %
Closing Price /
Recent trading for Suncorp-Metway fell short of the previous close by -0.4 %

SUN: CLOSE Recent Trading -> (1) 11 Jan: 13.68 (2) 10 Jan: 13.73 (3) 09 Jan: 13.8

Suncorp-Metway: Direction, extent & volume have decreased in recent trading [Selling Pressure]
Elders Force Index /
Suncorp-Metway: Direction, extent & volume have decreased in recent trading [Selling Pressure]

[BEARISH]: Suncorp-Metway current price has highlighted recent selling pressure. Currently, the Elders Force Index is -86185.

Relative Strength Index /
Relative Strength Index for SUN has crossed below the overbought limit triggering a neutral signal

SUN: RSI Current Signal -> (1) 11 Jan: BEARISH CROSSUNDER (2) 11 Jan: BEARISH (3) 11 Jan: BEARISH

Woodie Pivot Point /
Suncorp-Metway has moved above the R1 Woodie pivot point ($13.748) [Bullish]

Suncorp-Metway current pivot point (Woodie) is: $13.659. The current resistance levels are: (R1) $13.748: (R2) $13.794The current support levels are: (S1) $13.613: (S2) $13.524

Ulcer Index /
Suncorp-Metway: Ulcer Index 3.199 [Low Stress]

[BEARISH]: Suncorp-Metway UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.199.

The EMA trend following signal is now active for Suncorp-Metway [Bearish]
Exponential Moving Average /
The EMA trend following signal is now active for Suncorp-Metway [Bearish]

[BEARISH]: Suncorp-Metway 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 -0.4%.

Price for SUN has opened weaker than close of the previous trading session
Opening Price /
Price for SUN has opened weaker than close of the previous trading session

[BEARISH]: Suncorp-Metway opening price has gapped down. Currently, the OPEN is $13.67 (-1.3 %).

MACD /
Negative momentum on the MACD histogram for SUN has been confirmed & supports a bearish move is likely

[BEARISH CROSSOVER]: Suncorp-Metway currently has negative MACD of -0.030000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -0.9%.

Commodity Channel Index /
SUN: Commodity Channel Index has now confirmed oversold trading conditions

[BULLISH]: Suncorp-Metway current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -135. SUN received a confirmed CCI crossover on the Jan 11 2018.The bullish signal has been active for 1 day. During the quarter, the lowest CCI value was -137.

Two Crows /
Suncorp-Metway: Two Crows

[BEARISH]: Suncorp-Metway has formed a new Two Crows reversal pattern.

Price is now trading below the Weighted Moving Average(5) for SUN
Weighted Moving Average /
Price is now trading below the Weighted Moving Average(5) for SUN

[BEARISH]: Suncorp-Metway 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 -0.4%.

Suncorp-Metway has initiated a negative volume rate of change of -23
Volume Rate of Change /
Suncorp-Metway has initiated a negative volume rate of change of -23

[BEARISH CROSSOVER]: Suncorp-Metway currently has negative rate of change of -23%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -0.4%.

Suncorp-Metway Ease of Movement is -0.83 [Difficult to Move]
Ease of Movement /
Suncorp-Metway Ease of Movement is -0.83 [Difficult to Move]

SUN: EOM Current Signal -> (1) 11 Jan: BEARISH HARD (2) 11 Jan: BULLISH EASY (3) 11 Jan: BEARISH HARD

Aroon Oscillator /
Aroon oscillator for Suncorp-Metway has signalled a strong downtrend is active

[BEARISH]: Suncorp-Metway has a current ARO(25) of -76. This has change -172 points from yesterday.

Average True Range /
Suncorp-Metway: ATR (0.158) has signalled an uptrend is current

[Bullish]: Average True Range has confirmed an uptrend is present. Suncorp-Metway has a TR of 0.16, and an ATR(14) of 0.158.

On Balance Volume /
Suncorp-Metway: Current trading activity OBV signals distribution is present

[BEARISH]: Suncorp-Metway current price has highlighted recent distribution. Currently, the OBV is -1.41426e+007.

Volume /
Recent trading for Suncorp-Metway fell short of the previous volume by -15.7

[BEARISH]: Suncorp-Metway current volume downtrend in the first timeframe. Volume for SUN is2.1555e+006 (-15.7).

The current volume for SUN is losing momentum through a fall against the short term EMA
Percentage Volume /
The current volume for SUN is losing momentum through a fall against the short term EMA

[BEARISH]: Suncorp-Metway currently has negative PVO -1.1%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -0.9%.

[Long]: Limit orders for Suncorp-Metway should be set at $13.665
Demarks Pivot Points /
[Long]: Limit orders for Suncorp-Metway should be set at $13.665

Suncorp-Metway has broken the first DeMark resistance point ($13.665) [Bullish]. Look for a long limit order entry near this point. Exit price for SUN should be set @$13.76 & Stoploss for Suncorp-Metway should be set at $13.625

Open Tod Vs Close Tod /
Suncorp-Metway opened in the upper part of daily range at 74.1% & closed in the upper part of the trading range at 81.5%. This suggests the sellers have lost control.

[BULLISH]: Suncorp-Metway opened in the upper part of daily range at 74.1% & closed in the upper part of the trading range at 81.5%. This suggests the sellers have lost control. Over the last 12 months there has been 18 trading days with the opening price in the upper shadow & the closing the price in the upper shadow giving a confirmation ratio of 6.9%. Over the last month there has been 2 trading days with the opening price in the upper price range & the closing the price in the upper price range giving a confirmation ratio of 25%.

See More   See more results
Advertisment
Advertisment
back to top