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

Technology One
+ Share

The longest consecutive downswing rally over the last 12 months has been 8 days giving a total rally downward movement of -10.3%
Close Tod Vs Close Yest /
The longest consecutive downswing rally over the last 12 months has been 8 days giving a total rally downward movement of -10.3%

[BEARISH]: Technology Onesellers are keener than buyers and are driving the price down. This is the first day of price decline for TNE 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 8 days giving a total rally downward movement of -10.3%. This quarter, the largest downswing rally has been 1 days giving a total rally downward movement of -0.8%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1x. Over the last month the average daily downward movement has been -0.6%

Technology One has moved above the R1 pivot point ($4.95) [Bullish]
Pivot Points /
Technology One has moved above the R1 pivot point ($4.95) [Bullish]

Technology One has broken the first resistance point ($4.95) [Bullish]. Look for a long limit order entry near this point. Exit price for TNE should be set @$4.99 & Stoploss for Technology One should be set between $4.87 & $4.83

Average True Range /
Technology One: ATR (0.082)

[Bullish]: Average True Range has confirmed an uptrend is present. Technology One has a TR of 0.06, and an ATR(14) of 0.082.

Williams %R /
William %R oversold signal had been initiated for Technology One

TNE: William %R Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: NEUTRAL (3) 11 Jan: BULLISH CROSSUNDER

Fibonacci Fans /
Technology One is still above the 61.8% retracement fan level ($4.76) [Bullish]

Technology One is still above the 61.8% retracement level ($4.76) [Bullish]. Look for a long limit order entry near this point. Exit price for TNE should be set @$5.575 & Stoploss for Technology One should be set between $5.49

Percentage Price /
Technology One: Price Percentage Oscillator (-0.900)

[BEARISH CROSSOVER]: Technology One currently has negative PPO -0.900%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Top companies for
Australian Stock Exchange
Advertisment
Opening Price /
[Bullish]: Technology One has opened -0.2 % stronger

[BULLISH]: Technology One opening price has gapped up. Currently, the OPEN is $4.95 (-0.2 %).

Open/close reversal:  Sellers have taken control during the trading day for TNE
Open Tod Vs Close Tod /
Open/close reversal: Sellers have taken control during the trading day for TNE

TNE: Open today versus close yesterday Current Signal ->(1) 11 Jan: BEARISH (2) 11 Jan: BULLISH WEAK (3) 11 Jan: NEUTRAL

Price volatility is low for TNE based on the lower price range ($0.06) [Downtrend]
Price Range /
Price volatility is low for TNE based on the lower price range ($0.06) [Downtrend]

[BEARISH]: Technology One current downtrend in the first timeframe. Currently, the Range is $0.06.

Percentage Volume /
Technology One: Percentage Volume Oscillator @-4 [Bearish]

[BEARISH]: Technology One currently has negative PVO -4%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is -0.6%.

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

[BEARISH]: Technology One currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.6%.

Moving Average Envelope /
Oversold signal continues for Technology One indicating upward price movement is likely

[BULLISH]: Technology One current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 4.7595.

Sine Weighted Moving Average(5) signal is confirmed for Technology One indicating downward price movement is likely
Sine Weighted Moving Average /
Sine Weighted Moving Average(5) signal is confirmed for Technology One indicating downward price movement is likely

[BEARISH]: Technology One 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 -0.6%.

The daily range for Technology One has achieved a lower low [Downtrend]
Short Trend /
The daily range for Technology One has achieved a lower low [Downtrend]

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

Low Price /
Recent trading for TNE has failed to beaten the previous low by -0.6 % [Downtrend]

[BULLISH]: Technology One current downtrend in the first timeframe. Currently, the Low is $4.91 (-0.6 %).

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

[BEARISH]: Technology One sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Technology One 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 91 trading days with the closing price in the lower part of the range giving a confirmation ratio of 34.9%. Over the last month there has been 8 trading days with the closing price in the lower range giving a confirmation ratio of 100%. Currently this quarter, closing price has spent 8 days in the lower price range compared to 7 days in the upper range giving a ratio of 1.1x.

Demarks Pivot Points /
[Long]: Limit orders for Technology One should be set at $4.925

Technology One has broken the first DeMark resistance point ($4.925) [Bullish]. Look for a long limit order entry near this point. Exit price for TNE should be set @$4.94 & Stoploss for Technology One should be set at $4.88

[Bearish]: SMA(5) is serving as a resistance line for Technology One
Simple Moving Average /
[Bearish]: SMA(5) is serving as a resistance line for Technology One

[BULLISH]: Technology One 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 -0.6%.

Technology One currently has negative momentum of -0.05
Momentum /
Technology One currently has negative momentum of -0.05

TNE: MOM Recent Trading -> (1) 11 Jan: -0.05 (2) 11 Jan: -0.02 (3) 11 Jan: 0.03

TNE: Medium term trend is still an Uptrend
Medium Trend /
TNE: Medium term trend is still an Uptrend

[BULLISH]: Technology One is in an uptrend in the medium term timeframe. The current rally number is 2 & the highest rally count for the LTM is 79. The highest rally for the month is 8

Elders Force Index /
Technology One: Direction, extent & volume have decreased in recent trading [Selling Pressure]

[BEARISH]: Technology One current price has highlighted recent selling pressure. Currently, the Elders Force Index is -8053.

Fibonacci Extensions /
Technology One: Look for a short limit order entry @$4.54

Technology One has moved above the 161.8% level ($4.54) [Bearish]. Look for a short limit order entry near this point. Exit price for TNE should be set @$5.24 & short position stoploss for Technology One should be set at $3.84

Black Candle /
TNE Basic Candle: Black

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

Aroon Oscillator /
Technology One has signalled an Aroon trend present [Downtrend]

[BEARISH]: Technology One has a current ARU(25) of 44 and a current ARD(25) of 76

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

[BULLISH]: Technology One currently has positive Volume MACD of 43904. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Technology One: Rate of Change (15)
Volume Rate of Change /
Technology One: Rate of Change (15)

[BULLISH CROSSOVER]: Technology One currently has positive volume of change of 15%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.6%.

Camarilla Pivot Points /
Technology One: Look for a long limit order entry @$5.321

Technology One current pivot point Camarilla is: $4.93. The current resistance levels are: (R1) $5.321: (R2) $5.732: (R3) $6.143: (R4) $7.375The current support levels are: (S1) $4.499: (S2) $4.088: (S3) $3.678: (S4) $2.445

See More   See more results
Advertisment
Advertisment
back to top