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

Talga Gold
+ Share

Talga Gold: Daily volume performance is -69.6 [Downtrend]
Volume /
Talga Gold: Daily volume performance is -69.6 [Downtrend]

[BEARISH]: Talga Gold current volume downtrend in the first timeframe. Volume for TLG is 59642 (-69.6).

TLG Basic Candle: Black Marubozu
Black Marubozu /
TLG Basic Candle: Black Marubozu

[BEARISH]: Talga Gold has formed a Black Marubozu candlestick. This means, TLG has received strong selling confidence and downward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Weighted Moving Average /
Talga Gold: Weighted Moving Average(5) (0.78)

[BULLISH]: Talga Gold currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -2.5%.

MACD Volume /
Talga Gold: Volume MACD @8128 [Bullish]

[BULLISH]: Talga Gold currently has positive Volume MACD of 8128. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Accumulation / Distribution /
Distribution still active for Talga Gold

[BEARISH]: Talga Gold current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1.29962e+006.

Percentage Price /
Talga Gold: Price Percentage Oscillator

[BULLISH]: Talga Gold currently has positive PPO 1.01%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Top companies for
Australian Stock Exchange
Advertisment
Bollinger Bands /
Talga Gold is no longer overbought and normal trading conditions are resumed

[BULLISH CROSSUNDER]: Talga Goldis no longer overbought The current level is 83.81% with a current width of 14.1.

Trading session closed lower on high volume for Talga Gold [Bearish]
Ease of Movement /
Trading session closed lower on high volume for Talga Gold [Bearish]

TLG: EOM Current Signal -> (1) 21 May: BEARISH HARD (2) 18 May: BULLISH HARD (3) 21 May: BULLISH HARD

Talga Gold has broken the first DeMark resistance point ($0.785) [Bullish]
Demarks Pivot Points /
Talga Gold has broken the first DeMark resistance point ($0.785) [Bullish]

Talga Gold current pivot point (DeMark) is: (R1) $0.79. The current pivot point (DeMark) is: (S1) $0.77.

Range Tod Vs Range Yest /
This is the first day sellers have decreased eagerness for TLG reducing strength of a continued downtrend in the first timeframe.

TLG: Range today versus range yesterday Current Signal ->(1) 21 May: BEARISH (2) 18 May: BEARISH (3) 21 May: BULLISH

Rate of Change /
Talga Gold currently has positive rate of change for 4

TLG: ROC Current Signal -> (1) 21 May: BULLISH (2) 18 May: BULLISH (3) 21 May: BULLISH

Elders Force Index /
Recent trading highlights continued buying pressure is present for TLG

[BULLISH]: Talga Gold current price has highlighted recent buying pressure. Currently, the Elders Force Index is 1737.

Recent trading for Talga Gold fell short of the previous price range ($0.02)
Price Range /
Recent trading for Talga Gold fell short of the previous price range ($0.02)

TLG: Price Range Current Signal -> (1) 21 May: BEARISH (2) 18 May: BULLISH (3) 17 May: NEUTRAL

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

[Bearish]: Average True Range has confirmed an downtrend is present. Talga Gold has a TR of 0.02, and an ATR(14) of 0.027.

Williams %R /
Talga Gold: William %R -29.4 is below the overbought limit (-29.4)

TLG: William %R Recent Trading -> (1) 21 May: -29.4 (2) 18 May: -5.9 (3) 21 May: -33.3

Chaikin Money Flow /
CMF has negative divergence between price and volume

[BEARISH]: Talga Gold current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.14. TLG received a confirmed CMF crossover days on the Mar 12 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.41 occurring on the Mar 12 2018.

Closing Price /
Talga Gold: Closing price is $0.78 (-2.5 %)

[BEARISH]: Talga Gold current downtrend in the first timeframe. Currently, the Close is $0.78.

Talga Gold has moved below the S1 pivot point ($0.774) [Bearish]
Pivot Points /
Talga Gold has moved below the S1 pivot point ($0.774) [Bearish]

Talga Gold has broken the first support point ($0.774) [Bearish]. Look for a short limit order entry near this point. Exit price for TLG should be set @$0.767 & short position stoploss for Talga Gold should be set between $0.807 & $0.814

Daily trading performance for TLG has initiated a short term downtrend
Close Tod Vs Close Yest /
Daily trading performance for TLG has initiated a short term downtrend

TLG: Recent performance signals ->(1) 21 May: NEUTRAL (2) 18 May: BULLISH (3) 21 May: BULLISH

Talga Gold: Volume rate of Change (14) Crossover
Volume Rate of Change /
Talga Gold: Volume rate of Change (14) Crossover

[BEARISH CROSSOVER]: Talga Gold currently has negative rate of change of -14%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -2.5%.

Open Tod Vs Close Tod /
Open/close reversal: Sellers were in control for all the trading day for Talga Gold

TLG: Open today versus close yesterday Recent Trading ->(1) 21 May: 100% (2) 18 May: 0% (3) 21 May: 28.6%

Close Tod Vs Range Tod /
This is the first day of seller commitment for Talga Gold adding strength to an downtrend in the first timeframe

TLG: Close versus price range Recent Trading ->(1) 21 May: 0.000000000000000% (2) 18 May: 80.000000000000000% (3) 21 May: 71.400000000000000%

Stochastic Oscillator /
Stochastic Overbought signal is still current for Talga Gold [Bearish]

TLG: Stochastic Oscillator Signal -> (1) 21 May: BEARISH (2) 18 May: BULLISH CROSSOVER (3) 21 May: NEUTRAL

Woodie Pivot Point /
[Short]: Exit price for TLG should be set @$0.765

Talga Gold has broken the first Woodie support point ($0.77) [Bearish]. Look for a short limit order entry near this point. Exit price for TLG should be set @$0.765 & short position stoploss for Talga Gold should be set at $0.805

Talga Gold: Percentage Volume Oscillator (10.5)
Percentage Volume /
Talga Gold: Percentage Volume Oscillator (10.5)

[BULLISH]: Talga Gold currently has positive PVO 10.5%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 6.9%.

Talga Gold: Downtrend for the medium term trend is continued
Medium Trend /
Talga Gold: Downtrend for the medium term trend is continued

[BEARISH]: Talga Gold has a medium timeframe downtrend confirmation. This was confirmed through a price breakout on the May 16 2018.

MACD /
Talga Gold: MACD oscillator (0.0076)

[BULLISH]: Talga Gold currently has positive MACD of 0.0076. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 4.8%.

See More   See more results
Advertisment
Advertisment
back to top