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

Trafalgar
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Daily bar has confirmed has confirmed an ADX a weak trend is intact for TGP
Average Directional Movement /
Daily bar has confirmed has confirmed an ADX a weak trend is intact for TGP

[Weak Trend]: ADX for TGP has confirmed a weak trend is present. Trafalgar has an ATR(14) of 0.014, a DX of 7.87 & an ADX(14) of 15.87

Rate of change(14) is decreasing for Trafalgar
Rate of Change /
Rate of change(14) is decreasing for Trafalgar

[BEARISH]: Trafalgar currently has negative rate of change of -0.488%. 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 /
Stochastic oversold signal has just been neutralized for Trafalgar

TGP: Stochastic Oscillator Signal -> (1) 21 Jun: BULLISH CROSSUNDER (2) 20 Jun: BULLISH (3) 19 Jun: BULLISH

Detrended Price Oscillator /
Daily trading has confirmed the DPO(20) is bearish for Trafalgar

[BEARISH]: Trafalgar currently has a confirmed downtrend. Price is currently below the displaced moving average for TGP. Currently, the return on DPO20 is 0.0%.

Volume /
Trafalgar: Daily volume is 32956 [Lower Volume]

[BEARISH]: Trafalgar current volume downtrend in the first timeframe. Volume for TGP is 32956 (-62.2).

Low Price /
Recent trading for TGP has failed to beaten the previous low by -1.0 % [Downtrend]

[BULLISH]: Trafalgar current downtrend in the first timeframe. Currently, the Low is $1.01 (-1.0 %).

Recent trading for Trafalgar fell short of the previous high by -1.4 %
High Price /
Recent trading for Trafalgar fell short of the previous high by -1.4 %

[BEARISH]: Trafalgar current downtrend in the first timeframe. Currently, the HIGH is -1.4 %.

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Sine Weighted Moving Average /
Trafalgar: Sine Weighted Moving Average(5) (1.02)

TGP: SWMA Current Signal -> (1) 21 Jun: BULLISH (2) 20 Jun: BEARISH (3) 19 Jun: BEARISH

Envelope bands Oversold signal is still current for Trafalgar [Bullish]
Moving Average Envelope /
Envelope bands Oversold signal is still current for Trafalgar [Bullish]

[BEARISH]: Trafalgar current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 1.0815.

Recent trading signals Trafalgar is being distributed
Daily Volume Index /
Recent trading signals Trafalgar is being distributed

[BEARISH]: Trafalgar current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -1987.

Close Tod Vs Range Tod /
Trading for Trafalgar highlights the commitment of buyers to carry positions overnight.

TGP: Close versus price range Recent Trading ->(1) 21 Jun: 66.700000000000000% (2) 20 Jun: 0.000000000000000% (3) 19 Jun: 0.000000000000000%

Ease of Movement /
Price dipped from high volume trading for Trafalgar during last trading session

TGP: EOM Current Signal -> (1) 21 Jun: BEARISH HARD (2) 20 Jun: BULLISH HARD (3) 19 Jun: BULLISH HARD

Demarks Pivot Points /
Trafalgar has broken the first DeMark resistance point ($1.0188) [Bullish]

Trafalgar has broken the first DeMark support point ($1.0188) [Bearish]. Look for a short limit order entry near this point. Exit price for TGP should be set @$1.0130 & short position stoploss for Trafalgar should be set at $1.028

Recent trading indicates a continuation in T2 upward trend direction TGP [Uptrend]
Medium Trend /
Recent trading indicates a continuation in T2 upward trend direction TGP [Uptrend]

[BULLISH]: Trafalgar has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the May 24 2018.

TGP: Percentage Volume Oscillator [Bullish]
Percentage Volume /
TGP: Percentage Volume Oscillator [Bullish]

[BULLISH]: Trafalgar currently has positive PVO 57.51%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.

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

[BEARISH]: Trafalgar current price has highlighted recent selling pressure. Currently, the Elders Force Index is -52.

Weighted Moving Average /
Trafalgar: Weighted Moving Average(5) (1.02)

[BEARISH]: Trafalgar 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 0.0%.

Pivot Points /
[Short]: Entry price for TGP should be set @$1.011

Trafalgar has broken the first support point ($1.011) [Bearish]. Look for a short limit order entry near this point. Exit price for TGP should be set @$1.003 & short position stoploss for Trafalgar should be set between $1.033 & $1.041

Signal line is still below the EMA for Trafalgar producing negative momentum
Percentage Price /
Signal line is still below the EMA for Trafalgar producing negative momentum

[BEARISH]: Trafalgar currently has negative PPO -0.147%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Trafalgar: ARO(-72) has signalled and strong downtrend is current
Aroon Oscillator /
Trafalgar: ARO(-72) has signalled and strong downtrend is current

[BEARISH]: Trafalgar has a current ARO(25) of -72. This has change -76 points from yesterday.

Trafalgar: Triangular Moving Average(5) (1.022)
Triangular Moving Average /
Trafalgar: Triangular Moving Average(5) (1.022)

TGP: TMA Current Signal -> (1) 21 Jun: BEARISH (2) 20 Jun: BEARISH (3) 19 Jun: BEARISH

Elder Ray Index /
[Bullish]: Elder Ray Index is 0.002 indicating bull power

[BULLISH]: Trafalgar Elder Ray Index is signalling a Bullish movementERI is 0.002 indicating bull power. Prices are being driven above the consensus of value for TGP during the last trading session [Buying Pressure]

Chaikin Money Flow /
CMF has a bearish relationship between price and volume

[BEARISH]: Trafalgar current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.89. TGP received a confirmed CMF crossover days on the Jun 8 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.9 occurring on the Jun 8 2018.

Simple Moving Average /
Trafalgar: Simple Moving Average(5) (1.02)

[BULLISH]: Trafalgar 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 0.0%.

On Balance Volume /
OBV: Accumulation still active for Trafalgar

[BULLISH]: Trafalgar current price has highlighted recent accumulation. Currently, the OBV is 81050.

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

[BEARISH]: Trafalgar current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -5.53613e+006.

The EMA trend following signal is still current for Trafalgar [Bearish]
Exponential Moving Average /
The EMA trend following signal is still current for Trafalgar [Bearish]

TGP: EMA(5) Recent Trading -> (1) 21 Jun: 1.0208 (2) 20 Jun: 1.0212 (3) 19 Jun: 1.0218

Bill Williams Market Facilitation /
The markets willingness to move the price is likely to continue for TGP

Trafalgar Currently is a confirmed Fake Day. MFI indicator is up, volume is down for TGP. Trend continuation possible for TGP from reduced trading activity.

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