Australian Securities Exchange

Tassal
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[Downtrend]: Recent trading for TGR indicates ST trend is likely to continue
Triangular Moving Average /
[Downtrend]: Recent trading for TGR indicates ST trend is likely to continue

TGR: TMA Current Signal -> (1) 14 Aug: BEARISH (2) 13 Aug: BEARISH (3) 10 Aug: BEARISH CROSSOVER

Tassal : Range Performance (60.0)
Range Tod Vs Range Yest /
Tassal : Range Performance (60.0)

[BEARISH]: Tassal sellers are increasingly eager. This is the first day sellers have increasing eagerness for TGR adding strength to a downtrend in the first timeframe. The biggest price range this month has been $0.3300 & the greatest daily price range this year has been $1.1000. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.3x.

Open Tod Vs Close Tod /
Tassal opened in the upper part of daily range at 87.5% & closed in the lower part of the trading range at 12.5%. This suggests the sellers were in control all day.

[BEARISH STRONG]: Tassal opened in the upper part of daily range at 87.5% & closed in the lower part of the trading range at 12.5%. This suggests the sellers were in control all day. Over the last 12 months there has been 52 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 19.8%. Over the last month there has been 2 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 20%.

Ulcer Index /
Tassal : Ulcer Index 2.441 [Low Stress]

[BEARISH]: Tassal UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.441.

Rate of Change /
14-day rate of change is increasing for Tassal

TGR: ROC Current Signal -> (1) 14 Aug: BULLISH (2) 13 Aug: BULLISH (3) 10 Aug: BULLISH

Black Candle /
TGR Basic Candle: Black

[BEARISH]: Tassal has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

PPO: The shorter moving average for TGR is still above the longer term moving average
Percentage Price /
PPO: The shorter moving average for TGR is still above the longer term moving average

[BULLISH]: Tassal currently has positive PPO 1.004%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Momentum /
Negative momentum: Price is trading lower for Tassal than 5 days ago

[BEARISH]: Tassal currently has negative momentum of -0.17 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -2.1%.The largest downward momentum rally for the last 3 months is 5 days producing a return of -2.1%.

[Bullish]: Elder Ray Index is 0.001 indicating bull power
Elder Ray Index /
[Bullish]: Elder Ray Index is 0.001 indicating bull power

[BULLISH]: Tassal Elder Ray Index is signalling a Bullish movementERI is 0.001 indicating bull power. Prices are being driven above the consensus of value for TGR during the last trading session [Buying Pressure]

TGR: Average Directional Index has confirmed a weak trend @19.3
Average Directional Movement /
TGR: Average Directional Index has confirmed a weak trend @19.3

[Weak Trend]: ADX for TGR has confirmed a weak trend is present. Tassal has an ATR(14) of 0.094, a DX of 5.33 & an ADX(14) of 19.3

Fibonacci Fans /
The 61.8% Fibonacci fan level for TGR is bullish. Stoploss should be positioned @$4.92

Tassal is still above the 61.8% retracement level ($4.16) [Bullish]. Look for a long limit order entry near this point. Exit price for TGR should be set @$4.99 & Stoploss for Tassal should be set between $4.92

Fibonacci Extensions /
The 161.8% Fibonacci extension level for TGR has moved to the upper limit. Stoploss should be positioned @$3.65

Tassal : The current Fibonacci Extension levels are: (23.61%) $4.44: (38.2%) $4.38: (50%) $4.33: (61.8%) $4.27The current support levels are: (78.6%) $4.2: (100%) $4.11: (138.2%) $3.95: (161.8%) $3.84: (261.8%) $3.41: (423.61%) $2.72

On Balance Volume /
Tassal : Current trading activity signals OBV accumulation is present

TGR: OBV Current Signal ->(1) 14 Aug: BULLISH (2) 13 Aug: BULLISH (3) 10 Aug: BULLISH

Tassal : Look for a short limit order entry @$4.25
Woodie Pivot Point /
Tassal : Look for a short limit order entry @$4.25

Tassal has broken the first Woodie support point ($4.25) [Bearish]. Look for a short limit order entry near this point. Exit price for TGR should be set @$4.225 & short position stoploss for Tassal should be set at $4.385

Tassal  has yet to break the 61.8% retracement level ($4.16) [Bullish]
Fibonacci Retracements /
Tassal has yet to break the 61.8% retracement level ($4.16) [Bullish]

Tassal is still above the 61.8% retracement level ($4.16) [Bullish]. Look for a long limit order entry near this point. Exit price for TGR should be set @$4.99 & Stoploss for Tassal should be set between $4.92

Chaikin Money Flow /
TGR.AX: Bearish relationship forming between price & volume

[BEARISH]: Tassal current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.11. Tassal (ASX:TGR) received a confirmed CMF crossover days on the Jul 31 2018. The bearish signal has been active for 1 day. During the quarter, the lowest CMF value was -0.13 occurring on the Jul 31 2018.

Close Tod Vs Close Yest /
Sellers are now keener than buyers for Tassal & are driving the price down.

TGR: Recent performance signals ->(1) 14 Aug: NEUTRAL (2) 13 Aug: NEUTRAL (3) 10 Aug: NEUTRAL

Close Tod Vs Range Tod /
Tassal : Sellers are in control at the market close.

[BEARISH]: Tassal sellers in control. This is the first day of seller commitment for Tassal 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 86 trading days with the closing price in the lower part of the range giving a confirmation ratio of 32.7%. Over the last month there has been 4 trading days with the closing price in the lower range giving a confirmation ratio of 40%. Currently this quarter, closing price has spent 8 days in the lower price range compared to 13 days in the upper range giving a ratio of 0.6x.

Tassal : Look for a short limit order entry @$4.3025
Demarks Pivot Points /
Tassal : Look for a short limit order entry @$4.3025

Tassal has broken the first DeMark support point ($4.3025) [Bearish]. Look for a short limit order entry near this point. Exit price for TGR should be set @$4.2450 & short position stoploss for Tassal should be set at $4.325

[Short]: Entry price for TGR should be set @$4.26
Pivot Points /
[Short]: Entry price for TGR should be set @$4.26

Tassal has broken the first support point ($4.26) [Bearish]. Look for a short limit order entry near this point. Exit price for TGR should be set @$4.23 & short position stoploss for Tassal should be set between $4.39 & $4.42

[Bearish]: Elders Force Index (-8672) confirms selling pressure
Elders Force Index /
[Bearish]: Elders Force Index (-8672) confirms selling pressure

[BEARISH]: Tassal current price has highlighted recent selling pressure. Currently, the Elders Force Index is -8672.

Sine Weighted Moving Average /
Price continues to trade below the Sine Weighted Moving Average(5) for TGR

[BEARISH]: Tassal 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 -2.1%.

Accumulation / Distribution /
TGR: Current trading activity signals distribution is active

[BEARISH]: Tassal (ASX:TGR) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -638737.

Simple Moving Average /
Tassal is in a short term downtrend with the closing price @$4.29

TGR: SMA(5) Current Signal -> (1) 14 Aug: BEARISH (2) 13 Aug: BEARISH (3) 10 Aug: BEARISH CROSSOVER

Percentage Volume /
Negative momentum on volume for TGR is maintained & supports a bearish move is likely

[BEARISH]: Tassal currently has negative PVO -7.02%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -2.1%.

Price was difficult to move downward in recent trading on high volume causing an downtrend in price for TGR
Ease of Movement /
Price was difficult to move downward in recent trading on high volume causing an downtrend in price for TGR

TGR: EOM Current Signal -> (1) 14 Aug: BEARISH HARD (2) 13 Aug: BEARISH HARD (3) 10 Aug: BEARISH HARD

[Uptrend]: Aroon oscillator @44 has confirmed an uptrend for TGR
Aroon Oscillator /
[Uptrend]: Aroon oscillator @44 has confirmed an uptrend for TGR

[BULLISH]: Tassal has a current ARO(25) of 44. This has change 0 points from yesterday.

MACD /
The MACD for TGR is gaining momentum through a rise on the short term EMA

[BULLISH]: Tassal currently has positive MACD of 0.001. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -2.7%.

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