TME | Australian Securities Exchange

Trade Me
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Daily bar has maintained Tricklar Uptrend for TME
Tricklar Trend /
Daily bar has maintained Tricklar Uptrend for TME

[BULLISH]: Trade Me has a Tricklar uptrend confirmation. This was confirmed through a price breakout on the Jan 9 2019.

Trade Me : Elder Ray Index is 0.033 [Bullish]
Elder Ray Index /
Trade Me : Elder Ray Index is 0.033 [Bullish]

[BULLISH]: Trade Me Elder Ray Index is signalling a Bullish movementERI is 0.033 indicating bull power. Prices are being driven above the consensus of value for TME during the last trading session [Buying Pressure]

Fibonacci Retracements /
Trade Me : 0.618 Fibonacci Retraction (5.81)

Trade Me : The current Fibonacci Retraction levels are: (23.61%) $6.05: (38.2%) $5.86: (50%) $5.84: (61.8%) $5.81The current support levels are: (78.6%) $5.79: (100%) $5.75: (138.2%) $5.69: (161.8%) $5.64: (261.8%) $5.47: (423.61%) $5.2

Volume Rate of Change /
Positive VROC: Volume is higher for Trade Me than 14 days ago

[BULLISH]: Trade Me currently has positive volume of change of 237%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.5%.

Weighted Moving Average /
[Bearish]: WMA(15) is serving as a resistance line for Trade Me

TME: WMA Current Signal -> (1) 17 Jan: BEARISH CROSSOVER (2) 16 Jan: BULLISH (3) 15 Jan: BULLISH

Demarks Pivot Points /
DeMark pivot point for TME is bearish. Stoploss should be positioned @$5.99

Trade Me has broken the first DeMark support point ($5.975) [Bearish]. Look for a short limit order entry near this point. Exit price for TME should be set @$5.9400 & short position stoploss for Trade Me should be set at $5.99

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Camarilla Pivot Points /
Camarilla pivot point for TME is bearish. Stoploss should be positioned @$6.967

Trade Me current pivot point Camarilla is: $5.98. The current resistance levels are: (R1) $6.468: (R2) $6.967: (R3) $7.465: (R4) $8.96The current support levels are: (S1) $5.472: (S2) $4.973: (S3) $4.475: (S4) $2.98

Trade Me : Triangular Moving Average(15) (5.97)
Triangular Moving Average /
Trade Me : Triangular Moving Average(15) (5.97)

[BULLISH]: Trade Me currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is -0.5%.

TME.AX: Current trading activity signals OBV distribution is active
On Balance Volume /
TME.AX: Current trading activity signals OBV distribution is active

[BEARISH]: Trade Me current price has highlighted recent distribution. Currently, the OBV is -7732.2.

Percentage Volume /
Volume is still below the short term EMA for TME [Bearish]

[BEARISH]: Trade Me currently has negative PVO -15.37%. The recent volume is losing momentum through a fall on the short term exponential moving average.

MACD /
Trade Me : MACD @-0.0272 [Bearish]

[BEARISH]: Trade Me currently has negative MACD of -0.0272. This means the signal line is less than the MACD line signalling a bearish movement.

Detrended Price Oscillator /
Bullish trading conditions for Trade Me has been signalled from the DPO (0.0505)

[BULLISH]: Trade Me currently has a confirmed uptrend. Price is currently above the displaced moving average for TME. Currently, the return on DPO20 is -0.5%.

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

[BEARISH]: Trade Me sellers in control. This is the first day of seller commitment for Trade Me 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 1 trading day with the closing price in the lower part of the range giving a confirmation ratio of 0.4%. Over the last month there has been 1 trading day with the closing price in the lower range giving a confirmation ratio of 8.3%. Currently this quarter, closing price has spent 1 day in the lower price range compared to 3 days in the upper range giving a ratio of 0.3x.

Selling pressure for TME.AX continues - bearish signal
Chaikin Money Flow /
Selling pressure for TME.AX continues - bearish signal

[BEARISH]: Trade Me current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.21. Trade Me (ASX:TME) received a confirmed CMF crossover days on the Nov 29 2018. The bearish signal has been active for 1 day. During the quarter, the lowest CMF value was -0.32 occurring on the Nov 29 2018.

Daily Volume Index /
Traders are currently distributing Trade Me

[BEARISH]: Trade Me (ASX:TME) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -848.

Long Black Candle /
TME Basic Candle: Long Black

[BEARISH]: Trade Me has formed a Long Black candlestick. This means, TME has traded with strong selling pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Close Tod Vs Close Yest /
The biggest downward movement for Trade Me this month has been -0.8

[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 -0.8 & the greatest daily negative change this year has been -0.8. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -10.4%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -1.5%. The loss ratio for price decline in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 1.5x. Over the last month the average daily downward movement has been -0.500000%

The current price is still gaining momentum through a rise for TME on the short term EMA.
Percentage Price /
The current price is still gaining momentum through a rise for TME on the short term EMA.

[BULLISH]: Trade Me currently has positive PPO 1.476%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Trade Me : Average Directional Index (32.47) has confirmed a strong trend is present
Average Directional Movement /
Trade Me : Average Directional Index (32.47) has confirmed a strong trend is present

[Trend]: ADX for TME has confirmed a strong trend is present. Trade Me has an ATR(14) of 0.069, a DX of 17.74 & an ADX(14) of 32.47

Daily trading has confirmed an Aroon uptrend (4) for Trade Me
Aroon Oscillator /
Daily trading has confirmed an Aroon uptrend (4) for Trade Me

TME: Aroon Oscillator Current Signal -> (1) 17 Jan: BULLISH (2) 16 Jan: BULLISH (3) 15 Jan: BULLISH

MACD Volume /
Volume MACD oscillator remains positive for TME

[BULLISH]: Trade Me currently has positive Volume MACD of 46461. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Bollinger Bands /
Initiation of BB overbought signal for Trade Me [Bearish Crossover]

[BEARISH CROSSOVER]: Trade Me has initiated a Overbought signal, highlighting the potential for a short term trend reversal in the downward direction. The current level is 39.99% with a current width of 1.59.

Fibonacci Fans /
Trade Me : 0.618 Fibonacci Fan ($10.95)

Trade Me : The current Fibonacci Fan levels are: (23.61%) $11.4: (38.2%) $11.04: (50%) $11.01: (61.8%) $10.95The current support levels are: (78.6%) $10.91: (100%) $10.84: (138.2%) $10.72: (161.8%) $10.63: (261.8%) $10.31: (423.61%) $9.8

Elders Force Index /
Price & volume confirms continued selling pressure for Trade Me is likely

[BEARISH]: Trade Me current price has highlighted recent selling pressure. Currently, the Elders Force Index is -2812.

Trade Me : 1.618 Fibonacci Extension ($5.81)
Fibonacci Extensions /
Trade Me : 1.618 Fibonacci Extension ($5.81)

Trade Me : The current Fibonacci Extension levels are: (23.61%) $6.05: (38.2%) $6.03: (50%) $6.01: (61.8%) $5.98The current support levels are: (78.6%) $5.96: (100%) $5.92: (138.2%) $5.86: (161.8%) $5.81: (261.8%) $5.64: (423.61%) $5.37

14-day momentum is now decreasing for Trade Me
Momentum /
14-day momentum is now decreasing for Trade Me

[BEARISH CROSSOVER]: Trade Me currently has negative momentum of -0.02 This means the current price is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -0.5%.The largest downward momentum rally for the last 3 months is 2 days producing a return of 0%.

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