###
**Tegel**

+
Share

[BEARISH]: Tegel current price has highlighted recent distribution. Currently, the OBV is -2.5467e+006.

[Weak Trend]: ADX for TGH has confirmed a weak trend is present. Tegel has an ATR(14) of 0.007, a DX of 12.61 & an ADX(14) of 11.97

**[Buying Pressure]: ERI has increased for Tegel during the last trading session**

[BULLISH]: Tegel Elder Ray Index is signalling a Bullish movementERI is 0.007 indicating bull power. Prices are being driven above the consensus of value for TGH during the last trading session [Buying Pressure]

**Tegel: Look for a long limit order entry @$1.05**

Tegel has broken the first Woodie resistance point ($1.05) [Bullish]. Look for a long limit order entry near this point. Exit price for TGH should be set @$1.05 & Stoploss for Tegel should be set at $1.05

**Tegel: Daily Performance (0.5%.)**

**CMF has positive divergence between price and volume**

[BULLISH]: Tegel current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.58. Tegel (ASX:TGH) received a confirmed CMF crossover days on the Sep 3 2018. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.61 occurring on the Sep 3 2018.

TGH: Aroon Oscillator Current Signal -> (1) 21 Sep: BULLISH STRONG (2) 20 Sep: BULLISH (3) 19 Sep: BULLISH

TGH: Continuation Recent Trading -> (1) 21 Sep: Open Window (2) 20 Sep: (3) 19 Sep:

[BULLISH]: Tegel currently has positive Volume MACD of 3212. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

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

**The current volume for TGH is losing momentum through a fall against the short term EMA**

[BEARISH]: Tegel currently has negative PVO -76.73%. The recent volume is losing momentum through a fall on the short term exponential moving average.

**Tegel has moved above the R2 pivot point ($1.05) [Bullish]**

Tegel current pivot point is: 1.05. The current resistance levels are: (R2) $1.05: (R2) $1.05: (R3) $1.05: The current support levels are: (S1) $1.05: (S2) $1.05: (S3) $1.05

[BEARISH]: A short term Gap Up has formed with Tegel which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 1 occurrences of this bar reversal giving a signal probability of 0.4%.

TGH: MACD Current Signal -> (1) 21 Sep: BULLISH (2) 20 Sep: BULLISH (3) 19 Sep: BULLISH

TGH: SWMA Current Signal -> (1) 21 Sep: BULLISH (2) 20 Sep: BULLISH (3) 19 Sep: BULLISH

[BULLISH]: Tegel currently has a confirmed uptrend. Recent trading has caused the SMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 0.5%.

**Signal line is still above the EMA for Tegel producing positive momentum**

[BULLISH]: Tegel currently has positive PPO 0.369%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

**[Uptrend]: The second timeframe trend has continued for TGH**

[BULLISH]: Tegel has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Sep 4 2018.

[BEARISH]: Tegel (ASX:TGH) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -4.62033e+006.

[BULLISH]: Tegel (ASX:TGH) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 218.

[BULLISH]: Tegel currently has positive rate of change of 3.448%. 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

**Closing price for TGH is still below the lower Donchian Band signalling a bullish movement**

[BULLISH]: Tegel is currently bullish highlighting the potential for a short term trend continuation in the upward direction.

**Momentum(14) is increasing for Tegel**

[BULLISH]: Tegel currently has positive momentum of 0.035. This means the current price is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 0.5%. The largest upward momentum rally for the last 3 months is 5 days producing a return of 0.5%.

**Triangular Moving Average(15) signal continues for Tegel indicating upward price movement is likely**

[BULLISH]: Tegel currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is 0.5%.

**Tegel: Price currently within Bollinger bands**

[BEARISH]: Tegel UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 0.886.

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

Tegel current pivot point (DeMark) is: (R1) $1.05. The current pivot point (DeMark) is: (S1) $1.05.