TGA | Australian Stock Exchange

Thorn
+ Share

Price continues to trade below the Exponential Moving Average(5) for TGA
Exponential Moving Average /
Price continues to trade below the Exponential Moving Average(5) for TGA

TGA: EMA(5) Current Signal -> (1) 20 Jul: BEARISH (2) 19 Jul: BEARISH (3) 18 Jul: BEARISH

Thorn  is in a short term downtrend with the closing price @$0.59
Simple Moving Average /
Thorn is in a short term downtrend with the closing price @$0.59

[BEARISH]: Thorn currently has a confirmed downtrend. Recent trading has caused the SMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is -0.8%.

Average True Range /
Daily trading has confirmed an ATR downtrend (0.016) for Thorn

[Bearish]: Average True Range has confirmed an downtrend is present. Thorn has a TR of 0.005, and an ATR(14) of 0.016.

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

[BEARISH]: Thorn currently has negative rate of change of -4.065%. 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

Medium Trend /
Thorn has maintained the 2nd timeframe trend [Downtrend]

[BEARISH]: Thorn is in an downtrend in the medium term timeframe. The current rally number is 7 & the highest rally count for the LTM is 105. The highest rally for the month is 15

Average Directional Movement /
[Weak Trend]: Average Directional Index @18.36 has confirmed a weak trend for TGA

[Weak Trend]: ADX for TGA has confirmed a weak trend is present. Thorn has an ATR(14) of 0.016, a DX of 22.15 & an ADX(14) of 18.36

Top companies for
Australian Stock Exchange
Detrended Price Oscillator /
Daily trading has confirmed the DPO(20) is bearish for Thorn

[BEARISH]: Thorn currently has a confirmed downtrend. Price is currently below the displaced moving average for TGA. Currently, the return on DPO20 is -0.8%.

Currently this quarter, closing price for TGA has spent 7 days in the lower price range
Close Tod Vs Range Tod /
Currently this quarter, closing price for TGA has spent 7 days in the lower price range

[BEARISH]: Thorn sellers in control. This is the first day of seller commitment for Thorn 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 104 trading days with the closing price in the lower part of the range giving a confirmation ratio of 39.5%. Over the last month there has been 7 trading days with the closing price in the lower range giving a confirmation ratio of 46.7%. Currently this quarter, closing price has spent 7 days in the lower price range compared to 4 days in the upper range giving a ratio of 1.8x.

Thorn : Weighted Moving Average(5) (0.593)
Weighted Moving Average /
Thorn : Weighted Moving Average(5) (0.593)

[BEARISH]: Thorn 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 -0.8%.

On Balance Volume /
OBV: Distribution still active for Thorn

[BEARISH]: Thorn current price has highlighted recent distribution. Currently, the OBV is -1.63883e+006.

Opening Price /
Thorn : Daily opening performance is 0.0 % [Downntrend]

TGA: OPEN Current Signal -> (1) 20 Jul: BEARISH (2) 19 Jul: NEUTRAL (3) 18 Jul: NEUTRAL

Demarks Pivot Points /
Thorn has broken the first DeMark support point ($0.5913) [Bearish]

Thorn has broken the first DeMark support point ($0.5913) [Bearish]. Look for a short limit order entry near this point. Exit price for TGA should be set @$0.5880 & short position stoploss for Thorn should be set at $0.593

Thorn : Aroon oscillator (-76) has confirmed a strong downtrend is present
Aroon Oscillator /
Thorn : Aroon oscillator (-76) has confirmed a strong downtrend is present

[BEARISH]: Thorn has a current ARU(25) of 24 and a current ARD(25) of 100

Closing price for Thorn  has seen sellers win the daily battle for performance @ -0.8%
Close Tod Vs Close Yest /
Closing price for Thorn has seen sellers win the daily battle for performance @ -0.8%

[BEARISH]: Thorn sellers are keener than buyers and are driving the price down. This is the first day of price decline for TGA adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -2.4 & the greatest daily negative change this year has been -11.9. The longest consecutive downswing rally over the last 12 months has been 3 days giving a total rally downward movement of -22%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -2.5%. 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 0.8x. Over the last month the average daily downward movement has been -1.100000%

Accumulation / Distribution /
Thorn : Current trading activity signals distribution is present

[BEARISH]: Thorn current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1.70316e+006.

Closing Price /
Recent trading for Thorn fell short of the previous close by -0.8 %

[BEARISH]: Thorn current downtrend in the first timeframe. Currently, the Close is $0.59.

High Price /
Thorn : Daily high performance is -0.8 % [Downtrend]

TGA: HIGH Current Signal -> (1) 20 Jul: BEARISH (2) 19 Jul: NEUTRAL (3) 18 Jul: BEARISH

The largest downward momentum rally for TGA in the last 3 months is 3
Momentum /
The largest downward momentum rally for TGA in the last 3 months is 3

[BEARISH]: Thorn currently has negative momentum of -0.005 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -0.8%.The largest downward momentum rally for the last 3 months is 3 days producing a return of -2.5%.

TGA: Price continues to move below the TMA(5) @$0.597
Triangular Moving Average /
TGA: Price continues to move below the TMA(5) @$0.597

TGA: TMA Current Signal -> (1) 20 Jul: BEARISH (2) 19 Jul: BEARISH (3) 18 Jul: BEARISH CROSSOVER

Thorn : Daily volume is 364177 [Higher Volume]
Volume /
Thorn : Daily volume is 364177 [Higher Volume]

[BULLISH]: Thorn current volume uptrend in the first timeframe. Volume for TGA is 364177 (0.3).

Williams %R /
Oversold signal for the William %R is still current for Thorn

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

Stochastic Oscillator /
Stochastic Oversold signal is still current for Thorn [Bullish]

[BULLISH]: Thorn is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Percentage Volume /
Volume is still below the short term EMA for TGA [Bearish]

[BEARISH]: Thorn currently has negative PVO -0.84%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -1.6%.

Woodie Pivot Point /
Limit order for a short position has been identified for Thorn [Bearish]

Thorn has broken the first Woodie support point ($0.587) [Bearish]. Look for a short limit order entry near this point. Exit price for TGA should be set @$0.586 & short position stoploss for Thorn should be set at $0.596

Thorn : Look for a long limit order entry @$2.44
Fibonacci Extensions /
Thorn : Look for a long limit order entry @$2.44

Thorn has moved below the 161.8% level ($2.44) [Bullish]. Look for a long limit order entry near this point. Exit price for TGA should be set @$2.82 & Stoploss for Thorn should be set at $2.06

Sellers are now less eager for Thorn  given the price range is contracting
Range Tod Vs Range Yest /
Sellers are now less eager for Thorn given the price range is contracting

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

Open Tod Vs Close Tod /
Thorn opened in the lower part of daily range at 0% & closed in the lower part of the trading range at 0%. This suggests the buyers have lost control.

[BEARISH]: Thorn opened in the lower part of daily range at 0% & closed in the lower part of the trading range at 0%. This suggests the buyers have lost control. Over the last 12 months there has been 20 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 7.6%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the lower price range giving a confirmation ratio of 6.7%.

See More   See more results
back to top