Technical analysis from International Goldfields (IGL.AX.AX, ASX:IGL.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

International Goldfields
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[Uptrend]: Aroon oscillator (72) strong uptrend has been confirmed for IGL
Aroon Oscillator /
[Uptrend]: Aroon oscillator (72) strong uptrend has been confirmed for IGL

[BULLISH]: International Goldfields has a current ARO(25) of 72. This has change 64 points from yesterday.

[Bearish]: Recent trading has driven price below the consensus of value for IGL
Elder Ray Index /
[Bearish]: Recent trading has driven price below the consensus of value for IGL

[BULLISH]: International GoldfieldsElder Ray Index is signalling a Bullish movementERI is 0.029 indicating bull power. Prices are being driven above the consensus of value for IGL during the last trading session [Buying Pressure]

Open Tod Vs Close Tod /
International Goldfields: Over the last 12 months there has been 39 trading days giving a confirmation ratio of 14.9%.

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

Camarilla Pivot Points /
Limit order for a short position has been identified for International Goldfields [Bearish]

International Goldfields has broken the first Camarilla support point ($1.99) [Bearish]. Look for a short limit order entry near this point. Exit price for IGL should be set @$1.809 & short position stoploss for International Goldfields should be set between $2.531 & $2.711

Pivot Points /
Pivot point for IGL is bearish. Stoploss should be positioned @$2.223

International Goldfields has broken the first support point ($2.136) [Bearish]. Look for a short limit order entry near this point. Exit price for IGL should be set @$2.103 & short position stoploss for International Goldfields should be set between $2.223 & $2.256

Demarks Pivot Points /
International Goldfields has moved below the S1 DeMark pivot point ($2.155) [Bearish]

International Goldfields current pivot point (DeMark) is: (R1) $2.18. The current pivot point (DeMark) is: (S1) $2.12.

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Detrended Price Oscillator /
DPO for IGL has confirmed price is currently above the displaced moving average

IGL: DPO Recent Trading -> (1) 11 Jan: 0.031 (2) 11 Jan: 0.0235 (3) 11 Jan: -0.0095

Sellers have increased eagerness for IGL adding strength to a downtrend in the first timeframe.
Range Tod Vs Range Yest /
Sellers have increased eagerness for IGL adding strength to a downtrend in the first timeframe.

IGL: Range today versus range yesterday Current Signal ->(1) 11 Jan: BEARISH (2) 11 Jan: BULLISH (3) 11 Jan: BULLISH

International Goldfields: Volume MACD @7712 [Bullish]
MACD Volume /
International Goldfields: Volume MACD @7712 [Bullish]

[BULLISH]: International Goldfields currently has positive Volume MACD of 7712. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Low Price /
Strong price performance from IGL has seen a lower low of 1.9 % [Uptrend]

IGL: LOW Recent Trading -> (1) 11 Jan: 2.13 (2) 10 Jan: 2.09 (3) 09 Jan: 2.16

Exponential Moving Average /
[Bullish]: Trend following indicator for IGL highlights upward price direction is likely

[BULLISH]: International Goldfields currently has a confirmed uptrend. Recent trading has caused the EMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is 3.8%.

Average Directional Movement /
IGL: Average Directional Index has confirmed a weak trend @14.42

IGL: Average Directional Index Current Signal -> (1) 11 Jan: TREND WEAK (2) 11 Jan: TREND WEAK (3) 11 Jan: TREND WEAK

Price continues to trade above the Weighted Moving Average(5) for IGL
Weighted Moving Average /
Price continues to trade above the Weighted Moving Average(5) for IGL

[BULLISH]: International Goldfields 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 3.8%.

The MACD continues to fall below the signal line for IGL [Bearish]
MACD /
The MACD continues to fall below the signal line for IGL [Bearish]

[BEARISH]: International Goldfields currently has negative MACD of -0.008000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -0.3%.

Momentum /
International Goldfields: Momentum(5) Crossover

[BEARISH CROSSOVER]: International Goldfields currently has negative momentum of -0.02 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is 3.8%.The largest downward momentum rally for the last 3 months is 1 days producing a return of -4.1%%.

Relative Strength Index /
International Goldfields is no longer overbought and normal trading conditions are resumed [NEUTRAL]

IGL: RSI Current Signal -> (1) 11 Jan: BEARISH CROSSUNDER (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: NEUTRAL

Stochastic Oscillator /
Stochastic overbought signal has just been neutralized for International Goldfields

IGL: Stochastic Oscillator Signal -> (1) 11 Jan: BEARISH CROSSUNDER (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BEARISH CROSSOVER

Daily trading has confirmed an ATR uptrend (0.042) for International Goldfields
Average True Range /
Daily trading has confirmed an ATR uptrend (0.042) for International Goldfields

[Bullish]: Average True Range has confirmed an uptrend is present. International Goldfields has a TR of 0.1, and an ATR(14) of 0.042.

[Bullish]: SWMA(5) is serving as a support line for International Goldfields
Sine Weighted Moving Average /
[Bullish]: SWMA(5) is serving as a support line for International Goldfields

[BULLISH]: International Goldfields 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 3.8%.

International Goldfields: Buyers are in control at the market close.
Close Tod Vs Range Tod /
International Goldfields: Buyers are in control at the market close.

[BULLISH]: International Goldfields buyers are in control at the market close. There has been 2 consecutive days of prices closing in the upper part of the trading range for International Goldfields adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 93 trading days with the closing price in the upper part of the range giving a confirmation ratio of 35.6%. Over the last month there has been 7 trading days with the closing price in the upper range giving a confirmation ratio of 87.5%. Currently this quarter, closing price has spent 7 days in the upper price range compared to 6 days in the lower range giving a ratio of 1.2x.

Volume /
Weaker volume performance from IGL has seen a lower volume of -80.8 [Downtrend]

[BEARISH]: International Goldfields current volume downtrend in the first timeframe. Volume for IGL is31563 (-80.8).

Short Black Candle /
IGL Basic Candle: Short Black

[BEARISH]: International Goldfields has formed a Short Black candlestick. This means, IGL has limited price movement derived from weak selling pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

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

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

Close Tod Vs Close Yest /
Closing price for International Goldfields has seen buyers win the daily battle for performance @ 3.8%

[BULLISH]: International Goldfieldsbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for IGL adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 3.8 & the greatest daily positive change this year has been 3.8. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 10.1%. This quarter, the largest upswing rally has been 1 days giving a total rally upward movement of 3.8%. The win ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 0.9x. Over the last month the average daily upward movement has been 1.7%

[Bullish]: A higher close performance for IGL by 3.8 % achieved during last session
Closing Price /
[Bullish]: A higher close performance for IGL by 3.8 % achieved during last session

[BULLISH]: International Goldfields current uptrend in the first timeframe. Currently, the Close is $2.17.

Bearish conditions for IGL have commenced based on EFI (-425)
Elders Force Index /
Bearish conditions for IGL have commenced based on EFI (-425)

[BEARISH]: International Goldfields current price has highlighted recent selling pressure. Currently, the Elders Force Index is -425.

Opening Price /
International Goldfields: Daily opening performance is 0 % [Uptrend]

[BULLISH]: International Goldfields opening price has gapped up. Currently, the OPEN is $2.18 (0 %).

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