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

Tabcorp Holdings
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Tabcorp Holdings: Range ($0.0550)
Price Range /
Tabcorp Holdings: Range ($0.0550)

TAH: Price Range Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BULLISH

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

[BULLISH]: Tabcorp Holdings current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 4.1800.

Aroon Oscillator /
Tabcorp Holdings: Aroon oscillator (-24.0000) has confirmed a downtrend is present

[BEARISH]: Tabcorp Holdings has a current ARU(25) of 28.0000 and a current ARD(25) of 52.0000

Open Tod Vs Close Tod /
Tabcorp Holdings opened in the upper part of daily range at 72.700000000000000% & closed in the lower part of the trading range at 18.200000000000000%. This suggests the sellers were in control all day.

[BEARISH STRONG]: Tabcorp Holdings opened in the upper part of daily range at 72.700000000000000% & closed in the lower part of the trading range at 18.200000000000000%. This suggests the sellers were in control all day. Over the last 12 months there has been 42 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 16%. Over the last month there has been 4 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 26.7%.

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

[BEARISH]: Tabcorp Holdings currently has negative PPO -1.2000%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Average True Range /
Tabcorp Holdings: Average True Range (0.0830) has confirmed an downtrend is present

TAH: Average True Range Recent Trading -> (1) 20 Apr: 0.0830 (2) 19 Apr: 0.0850 (3) 18 Apr: 0.0870

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Closing Price /
Tabcorp Holdings: Daily performance is -0.2 % [Downtrend]

[BEARISH]: Tabcorp Holdings current downtrend in the first timeframe. Currently, the Close is $4.3400.

Tabcorp Holdings: Direction, extent & volume have increased in recent trading [Buying Pressure]
Elders Force Index /
Tabcorp Holdings: Direction, extent & volume have increased in recent trading [Buying Pressure]

[BULLISH]: Tabcorp Holdings current price has highlighted recent buying pressure. Currently, the Elders Force Index is 63431.

Limit order for a long position has been identified for Tabcorp Holdings [Bullish]
Demarks Pivot Points /
Limit order for a long position has been identified for Tabcorp Holdings [Bullish]

Tabcorp Holdings has broken the first DeMark resistance point ($4.34625) [Bullish]. Look for a long limit order entry near this point. Exit price for TAH should be set @$4.363 & Stoploss for Tabcorp Holdings should be set at $4.308

Simple Moving Average /
[Downtrend]: Recent trading for TAH confirms bearish SMA(5) signal

[BULLISH]: Tabcorp Holdings currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.2%.

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

[BULLISH]: Tabcorp Holdings current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 11157.0000.

Accumulation / Distribution /
Traders are currently Distributing Tabcorp Holdings

[BEARISH]: Tabcorp Holdings current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -2.63666e+007. day.

Exponential Moving Average(5) signal continues for Tabcorp Holdings indicating upward price movement is likely
Exponential Moving Average /
Exponential Moving Average(5) signal continues for Tabcorp Holdings indicating upward price movement is likely

[BULLISH]: Tabcorp Holdings currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -0.2%.

[Bearish]: Tabcorp Holdings currently has negative PVO -13.4000
Percentage Volume /
[Bearish]: Tabcorp Holdings currently has negative PVO -13.4000

TAH: PVO Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH

Range Tod Vs Range Yest /
Tabcorp Holdings: Range Performance (-8.3)

TAH: Range today versus range yesterday Current Signal ->(1) 20 Apr: BULLISH (2) 19 Apr: BEARISH (3) 18 Apr: BULLISH

Ease of Movement /
Price spike from high volume trading for Tabcorp Holdings during last trading session

TAH: EOM Current Signal -> (1) 20 Apr: BULLISH HARD (2) 19 Apr: BULLISH HARD (3) 18 Apr: BEARISH HARD

Detrended Price Oscillator /
[Bearish]: Displaced moving average is currently above the price for TAH

[BEARISH]: Tabcorp Holdings currently has a confirmed downtrend. Price is currently below the displaced moving average for TAHCurrently, the return on DPO20 is -0.2%.

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

[BEARISH]: Tabcorp Holdings UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.367.

Daily trading performance for TAH has initiated a short term downtrend
Close Tod Vs Close Yest /
Daily trading performance for TAH has initiated a short term downtrend

[BEARISH]: Tabcorp Holdingssellers are keener than buyers and are driving the price down. This is the first day of price decline for TAH adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -2.7 & the greatest daily negative change this year has been -6.8. The longest consecutive downswing rally over the last 12 months has been 8 days giving a total rally downward movement of -14.1%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -3.9%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 0.9x. Over the last month the average daily downward movement has been -0.900000%

MACD oscillator remains positive for TAH
MACD /
MACD oscillator remains positive for TAH

[BULLISH]: Tabcorp Holdings currently has positive MACD of 0.0250. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 2%.

Close Reversal /
A short term Close Reversal has formed with Tabcorp Holdings

[BEARISH]: A short term Close Reversal has formed with Tabcorp Holdings which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 2 occurrences of this bar reversal giving a signal probability of 0.8%.

Rate of Change /
Rate of change(14) is decreasing for Tabcorp Holdings

[BEARISH]: Tabcorp Holdings currently has negative rate of change of -1.1000%. 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

Stochastic Oscillator /
Tabcorp Holdings is no longer overbought [Neutral]

TAH: Stochastic Oscillator Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BULLISH CROSSOVER

On Balance Volume /
Tabcorp Holdings: Current trading activity OBV signals distribution is present

TAH: OBV Current Signal ->(1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH

Strong price performance from TAH has seen a lower low of 0.5 % [Uptrend]
Low Price /
Strong price performance from TAH has seen a lower low of 0.5 % [Uptrend]

TAH: LOW Current Signal -> (1) 20 Apr: BULLISH (2) 19 Apr: BULLISH (3) 18 Apr: BEARISH

Triangular Moving Average /
[Bullish]: TMA(5) is serving as a support line for Tabcorp Holdings

[BULLISH]: Tabcorp Holdings currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.2%.

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