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

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Trade Me : Average True Range (0.066) has confirmed an uptrend is present
Average True Range /
Trade Me : Average True Range (0.066) has confirmed an uptrend is present

[Bullish]: Average True Range has confirmed an uptrend is present. Trade Me has a TR of 0.05, and an ATR(14) of 0.066.

MACD for Trade Me  is now losing momentum @-0.015000
MACD /
MACD for Trade Me is now losing momentum @-0.015000

TME: MACD Current Signal -> (1) 11 Jan: BEARISH CROSSOVER (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BULLISH CROSSOVER

Open Tod Vs Close Tod /
Trade Me : Buyers have lost commitment.

[BULLISH WEAK]: Trade Me opened in the lower part of daily range at 20% & closed in the middle part of the trading range at 40%. This suggests the buyers have lost commitment. Over the last 12 months there has been 27 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 10.3%. Over the last month there has been 3 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 37.5%.

Accumulation / Distribution /
Accumulation still active for Trade Me

TME: ADLINE Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BEARISH CROSSOVER

Opening Price /
TME opening price of $4.34 (0.5 %)

TME: OPEN Current Signal -> (1) 11 Jan: BEARISH (2) 10 Jan: BEARISH (3) 09 Jan: BEARISH

White Soldiers /
Trade Me : Advancing White Soldiers

[BULLISH]: Trade Me has formed a new Advancing White Soldiers pattern.

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Rate of Change /
Negative ROC confirmation for TME is a leading indicator for continued price fall

TME: ROC Current Signal -> (1) 11 Jan: BEARISH CROSSOVER (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

Trade Me  currently has positive PPO 0.400
Percentage Price /
Trade Me currently has positive PPO 0.400

[BULLISH]: Trade Me currently has positive PPO 0.400%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Trade Me : Range Performance (-16.7)
Range Tod Vs Range Yest /
Trade Me : Range Performance (-16.7)

[WEAK BEARISH]: Trade Me buyers are becoming less eager.There has been 2 consecutive days of range decrease for TME reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $0.11 & the greatest daily price range this year has been $0.11. The price range ratio this week versus the quarterly price range is 0.7x & the price range ratio this month versus the year to date price range is 1x.

Aroon Oscillator /
TME: Aroon oscillator has confirmed an uptrend @36

[BULLISH]: Trade Me has a current ARO(25) of 36. This has change -52 points from yesterday.

Volume /
Recent trading for Trade Me fell short of the previous volume by -70.8

[BEARISH]: Trade Me current volume downtrend in the first timeframe. Volume for TME is357613 (-70.8).

Daily Volume Index /
DVI: Accumulation has been initiated for Trade Me

[BULLISH CROSSOVER]: Trade Me current price has highlighted the commencement of accumulation and the start of bullish trading conditions.

TME: Short term trend has confirmed an Uptrend
Short Trend /
TME: Short term trend has confirmed an Uptrend

TME: Daily Trend Current Signal -> (1) 11 Jan: BULLISH CONFIRM (2) 11 Jan: BEARISH (3) 11 Jan: BULLISH CONFIRM

[Uptrend]: The second timeframe trend for Trade Me  remains intact
Medium Trend /
[Uptrend]: The second timeframe trend for Trade Me remains intact

[BULLISH]: Trade Me has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jan 9 2018.

Coles Reaction Day /
Daily bar has closed the day with a rally day for TME

TME: CRD Current Signal -> (1) 11 Jan: BULLISH (2) 11 Jan: NEUTRAL (3) 11 Jan: BULLISH

Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal is confirmed for Trade Me indicating upward price movement is likely

[BULLISH]: Trade Me currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -0.5%.

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

[BULLISH]: Trade Me currently has positive Volume MACD of 56913. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Range for TME has not surpassed the range of the previous trading session
Price Range /
Range for TME has not surpassed the range of the previous trading session

[BEARISH]: Trade Me current downtrend in the first timeframe. Currently, the Range is $0.05.

Trade Me  has broken the first resistance point ($4.376) [Bullish]
Pivot Points /
Trade Me has broken the first resistance point ($4.376) [Bullish]

Trade Me current pivot point is: 4.353. The current resistance levels are: (R1) $4.376: (R2) $4.403: (R3) $4.426: The current support levels are: (S1) $4.326: (S2) $4.303: (S3) $4.276

Trade Me : Elder Ray Index is 0.02 [Bullish]
Elder Ray Index /
Trade Me : Elder Ray Index is 0.02 [Bullish]

[BEARISH]: Trade Me Elder Ray Index is signalling a Bearish movementERI is -0.03 indicating bear power. Prices are being driven below the consensus of value for TME during the last trading session [Selling Pressure]

Moving Average Envelope /
Lower envelope oversold signal had been maintained for Trade Me

[BULLISH]: Trade Me current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 4.1610.

White Candle /
TME Basic Candle: White

[BULLISH]: Trade Me has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

Chaikin Money Flow /
Trade Me : CMF Crossover confirmed signalling major shift in price direction

[BULLISH CROSSOVER]: Trade Me current price has highlighted recent buying pressure and the start of a bullish trading conditions. Currently, the CMF is 0.22. During the quarter, the highest CMF value was 0.28

Detrended Price Oscillator /
DPO for TME has confirmed price is now below the displaced moving average

TME: DPO Current Signal -> (1) 11 Jan: BEARISH CROSSOVER (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

[Bullish]: SMA(30) is serving as a support line for Trade Me
Simple Moving Average /
[Bullish]: SMA(30) is serving as a support line for Trade Me

[BULLISH]: Trade Me 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 -0.5%.

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

[BEARISH]: Trade Me sellers are keener than buyers and are driving the price down. This is the first day of price decline for TME adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.1 & the greatest daily negative change this year has been -1.1. The longest consecutive downswing rally over the last 12 months has been 5 days giving a total rally downward movement of -8.8%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -1.1%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -0.8%

High Price /
Recent trading for Trade Me has surpassed the previous high by 0.2 %

TME: HIGH Current Signal -> (1) 11 Jan: BULLISH (2) 10 Jan: BULLISH (3) 09 Jan: BEARISH

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