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

Trafalgar
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TGP: Price continues to move above the SMA(5) @$1.004
Simple Moving Average /
TGP: Price continues to move above the SMA(5) @$1.004

[BEARISH]: Trafalgar 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%.

TGP Basic Candle: Short White
Short White Candle /
TGP Basic Candle: Short White

TGP: Basic Candlestick Current Signal -> (1) 19 Oct: BULLISH WEAK (2) 18 Oct: BULLISH (3) 17 Oct: NEUTRAL

Percentage Price /
PPO has positive momentum signalling a continuation of upward price rise for TGP

[BULLISH]: Trafalgar currently has positive PPO 0.800%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Medium Trend /
Daily bar has maintained 2nd timeframe Uptrend for TGP

[BULLISH]: Trafalgar has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Oct 9 2017.

Triangular Moving Average /
Price continues to trade above the Triangular Moving Average(5) for TGP

[BULLISH]: Trafalgar 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%.

Opening Price /
Weak opening from TGP has seen an decrease of 1.5 % [Downtrend]

[BEARISH]: Trafalgar opening price has gapped down. Currently, the OPEN is $0.995 (1.5 %).

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Ulcer Index /
Trafalgar: Ulcer Index 1.153 [Low Stress]

TGP: UIX Current Signal -> (1) 19 Oct: Low stress (2) 18 Oct: Low stress (3) 17 Oct: Low stress

Positive momentum on the MACD histogram for TGP is maintained & supports a bullish move is likely
MACD /
Positive momentum on the MACD histogram for TGP is maintained & supports a bullish move is likely

[BULLISH]: Trafalgar currently has positive MACD of 0.005000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 3.2%.

Price continues to trade above the Exponential Moving Average(5) for TGP
Exponential Moving Average /
Price continues to trade above the Exponential Moving Average(5) for TGP

[BULLISH]: Trafalgar 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%.

VALUE /
Earnings per share for Trafalgar is 0.277

Trafalgar Key financial metrics: (1) EPS: $0.277 (2) P/E Ratio: 3.628

MACD Volume /
The volume MACD continues to rise above the signal line for TGP [Bullish]

TGP: Volume MACD Current Signal -> (1) 19 Oct: BULLISH (2) 18 Oct: BULLISH (3) 17 Oct: BULLISH

Ease of Movement /
Price was difficult to move upward in recent trading on high volume causing an uptrend in price for TGP

TGP: EOM Current Signal -> (1) 19 Oct: BULLISH HARD (2) 18 Oct: BEARISH HARD (3) 17 Oct: BULLISH HARD

Distribution signal for Trafalgar is confirmed
Accumulation / Distribution /
Distribution signal for Trafalgar is confirmed

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

Trafalgar: Market Cap ($208.24M)
TRADE /
Trafalgar: Market Cap ($208.24M)

Trafalgar key financial metrics: (1) MCAP: $208.24M (2) Shares: 207203000 (3) Free Float: 139853000

Momentum /
Momentum(5) is increasing for Trafalgar

TGP: MOM Current Signal -> (1) 19 Oct: BULLISH (2) 18 Oct: BULLISH (3) 17 Oct: BULLISH

GROWTH /
The current PEG ratio of Trafalgar is 3.628

Trafalgar Key financial metrics: (1) Book Value: $0.961 (2) Market-to-Book ratio: 1.046 (3) PEG Ratio: 3.628

[Long]: Exit price for TGP should be set @$1.012
Demarks Pivot Points /
[Long]: Exit price for TGP should be set @$1.012

Trafalgar has broken the first DeMark resistance point ($1.00125) [Bullish]. Look for a long limit order entry near this point. Exit price for TGP should be set @$1.012 & Stoploss for Trafalgar should be set at $0.998

Volume rate of change is now falling for Trafalgar signalling an downtrend will persist
Volume Rate of Change /
Volume rate of change is now falling for Trafalgar signalling an downtrend will persist

[BEARISH CROSSOVER]: Trafalgar currently has negative rate of change of -32%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0%.

DVI: Distribution still active for Trafalgar
Daily Volume Index /
DVI: Distribution still active for Trafalgar

TGP: DVI Current Signal -> (1) 19 Oct: BEARISH (2) 18 Oct: BEARISH (3) 17 Oct: BEARISH

PROFIT /
The current EBITDA for Trafalgar is $24.18M

Trafalgar Key financial metrics: (1) Revenue: $34.25M (2) EBITDA: $24.18M (3) Price-Sales ratio: 6.080

Average True Range /
Recent trading indicates ATR downward trend direction likely for TGP [Downtrend]

TGP: Average True Range Recent Trading -> (1) 19 Oct: 0.026 (2) 18 Oct: 0.027 (3) 17 Oct: 0.026

Commodity Channel Index /
TGP: Commodity Channel Index has continued confirmed overbought trading conditions

[BEARISH]: Trafalgar current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 113. TGP received a confirmed CCI crossover on the Oct 10 2017.The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 241.

Price Range /
Trafalgar: Daily price range is 0.015 [Downtrend]

[BEARISH]: Trafalgar current downtrend in the first timeframe. Currently, the Range is $0.015.

Stochastic Oscillator (75) for TGP is now below the overbought limit
Stochastic Oscillator /
Stochastic Oscillator (75) for TGP is now below the overbought limit

TGP: Stochastic Oscillator Signal -> (1) 19 Oct: BEARISH (2) 18 Oct: BEARISH (3) 17 Oct: BEARISH

Open/close reversal confirmed for Trafalgar signalling the buyers have taken control
Open Tod Vs Close Tod /
Open/close reversal confirmed for Trafalgar signalling the buyers have taken control

[BULLISH]: Trafalgar opened in the middle part of daily range at 33.3% & closed in the upper part of the trading range at 100%. This suggests the buyers have taken control. Over the last 12 months there has been 5 trading days with the opening price in the middle shadow & the closing the price in the upper shadow giving a confirmation ratio of 5.8%. Over the last month there has been 2 trading days with the opening price in the middle price range & the closing the price in the upper price range giving a confirmation ratio of 14.3%.

Rate of Change /
ROC continues to rise for Trafalgar signalling an uptrend will persist

[BULLISH]: Trafalgar currently has positive rate of change of 3.1%. 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

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