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

Tegel
+ Share

[Bearish]: SWMA(5) is serving as a resistance line for Tegel
Sine Weighted Moving Average /
[Bearish]: SWMA(5) is serving as a resistance line for Tegel

[BEARISH]: Tegel currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -3.1%.

Volume rate of change(14) is now increasing for Tegel
Volume Rate of Change /
Volume rate of change(14) is now increasing for Tegel

TGH: VROC Recent Trading -> (1) 11 Jan: 248 (2) 11 Jan: -14 (3) 11 Jan: -26

Range Tod Vs Range Yest /
Buyers have decreased eagerness for TGH reducing strength of a continued uptrend in the first timeframe.

TGH: Range today versus range yesterday Current Signal ->(1) 11 Jan: NEUTRAL (2) 11 Jan: BULLISH (3) 11 Jan: BEARISH

Rate of Change /
Tegel currently has positive rate of change for 2.358

[BULLISH]: Tegel currently has positive rate of change of 2.4%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

Medium Trend /
[Uptrend]: The second timeframe trend has continued for TGH

[BULLISH]: Tegel is in an uptrend in the medium term timeframe. The current rally number is 2 & the highest rally count for the LTM is 63. The highest rally for the month is 8

Percentage Price /
PPO: The shorter moving average for TGHis now below the longer term moving average

[BEARISH CROSSOVER]: Tegel currently has negative PPO -1.400%. This means the current price is losing momentum through a fall on the short term exponential moving average.

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Camarilla Pivot Points /
Limit order for a long position has been identified for Tegel [Bullish]

Tegel has broken the first Camarilla resistance point ($1.176) [Bullish]. Look for a long limit order entry near this point. Exit price for TGH should be set @$1.266 & Stoploss for Tegel should be set between $0.904 & $0.813

Daily bar has confirmed has confirmed an ATR uptrend is intact for TGH
Average True Range /
Daily bar has confirmed has confirmed an ATR uptrend is intact for TGH

TGH: Average True Range Recent Trading -> (1) 11 Jan: 0.032 (2) 11 Jan: 0.027 (3) 11 Jan: 0.192

Weaker price performance from TGH has seen a lower high of -2.7 % [Downtrend]
High Price /
Weaker price performance from TGH has seen a lower high of -2.7 % [Downtrend]

TGH: HIGH Current Signal -> (1) 11 Jan: BEARISH (2) 10 Jan: BEARISH (3) 09 Jan: BULLISH

Daily Volume Index /
Tegel: Current trading activity signals DVI distribution is present

[BEARISH]: Tegel current distribution has given weakness to the share price and the continuation of bearish trading conditions.

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

[BEARISH]: Tegel currently has a confirmed downtrend. Price is currently below the displaced moving average for TGHCurrently, the return on DPO20 is -3.1%.

Moving Average Envelope /
TGH: Price continues to move below the Lower Envelope Band @$1.0450

[BULLISH]: Tegel current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 1.0450.

Tegel: Daily volume performance is -85.4 [Downtrend]
Volume /
Tegel: Daily volume performance is -85.4 [Downtrend]

TGH: VOLUME Current Signal -> (1) 11 Jan: BEARISH (2) 10 Jan: BULLISH (3) 09 Jan: BEARISH

[High Stress]: High drawdown associated with recent trading of TGH
Ulcer Index /
[High Stress]: High drawdown associated with recent trading of TGH

TGH: UIX Current Signal -> (1) 11 Jan: High stress (2) 11 Jan: Low stress (3) 11 Jan: Low stress

Aroon Oscillator /
TGH: Aroon oscillator has confirmed a downtrend @-16

[BEARISH]: Tegel has a current ARU(25) of 4 and a current ARD(25) of 20

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

[BEARISH]: Tegel opening price has gapped down. Currently, the OPEN is $1.095 (-2.2 %).

Ease of Movement /
Ease of Movement for Tegelis -0.387 [Difficult to Move]

[BEARISH]: Tegel current price have moved downwards on high volume. Currently, the Ease of Movement is -0.387

[Bearish]: EMA(5) is serving as a resistance line for Tegel
Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for Tegel

[BEARISH]: Tegel 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 -3.1%.

TGH: Current trading activity signals OBV distribution is active
On Balance Volume /
TGH: Current trading activity signals OBV distribution is active

[BEARISH]: Tegel current price has highlighted recent distribution. Currently, the OBV is -1.00447e+006.

Tegel: Average Directional Index (24.59) has confirmed a weak trend is present
Average Directional Movement /
Tegel: Average Directional Index (24.59) has confirmed a weak trend is present

[Weak Trend]: ADX for TGH has confirmed a weak trend is presentTegel has an ATR(14) of 0.032, a DX of 1.49 & an ADX(14) of 24.59

Percentage Volume /
Tegel: Percentage Volume Oscillator (41.8)

[BULLISH CROSSOVER]: Tegel currently has positive PVO 41.8%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -3.1%.

Open Tod Vs Close Tod /
TGH: Over the last 12 months there has been 7 trading days with the opening price in the upper shadow & the closing the price in the middle shadow

[BEARISH WEAK]: Tegel opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 33.3%. This suggests the sellers have lost commitment. Over the last 12 months there has been 7 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 2.7%. Over the last month there has been 1 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 12.5%.

Pivot Points /
Tegel: Look for a long limit order entry @$1.094

Tegel has broken the first resistance point ($1.094) [Bullish]. Look for a long limit order entry near this point. Exit price for TGH should be set @$1.102 & Stoploss for Tegel should be set between $1.072 & $1.064

Elder Ray Index /
Selling pressure for TGH highlights ability of sellers to drive the price downwards

[BEARISH]: TegelElder Ray Index is signalling a Bearish movementERI is -0.02 indicating bear power. Prices are being driven below the consensus of value for TGH during the last trading session [Selling Pressure]

[Uptrend]: Recent trading for TGH confirms bullish WMA(30) signal
Weighted Moving Average /
[Uptrend]: Recent trading for TGH confirms bullish WMA(30) signal

[BEARISH]: Tegel 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 -3.1%.

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

[BULLISH]: A short term Gap Down has formed with Tegel which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 33 occurrences of this bar reversal giving a signal probability of 12.6%.

Simple Moving Average /
Simple Moving Average(5) signal is confirmed for Tegel indicating downward price movement is likely

[BULLISH]: Tegel 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 -3.1%.

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