Mighty River Power
+
Share
[BEARISH CROSSOVER]: Mighty River Power currently has negative PPO -0.100%. This means the current price is losing momentum through a fall on the short term exponential moving average.
![[Short]: Limit orders for Mighty River Power should be set at $2.9425](http://tricklar.com/ArticleImages/ASX/MCY/MCY_64.png
)
Mighty River Power has broken the first DeMark support point ($2.9425) [Bearish]. Look for a short limit order entry near this point. Exit price for MCY should be set @$2.905 & short position stoploss for Mighty River Power should be set at $2.955
[BEARISH]: Mighty River PowerElder Ray Index is signalling a Bearish movementERI is -0.167 indicating bear power. Prices are being driven below the consensus of value for MCY during the last trading session [Selling Pressure]
[BEARISH]: Mighty River Power current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 13.6500. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 43.57.
Mighty River Power has moved above the 161.8% level ($2.1800) [Bearish]. Look for a short limit order entry near this point. Exit price for MCY should be set @$2.4700 & short position stoploss for Mighty River Power should be set at $1.8900
[BEARISH]: Mighty River Power UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.7920.
Australian Stock Exchange
[Weak Trend]: ADX for MCY has confirmed a weak trend is presentMighty River Power has an ATR(14) of 0.0650, a DX of 29.5800 & an ADX(14) of 22.2400
[BEARISH]: Mighty River Power is in a downtrend in the short term timeframe. The sellers have dominated the daily trade, however further confirmation is required before taking a position
[BEARISH]: Mighty River Power has formed a Black Marubozu candlestick. This means, MCY 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.
[Bearish]: Average True Range has confirmed an downtrend is present. Mighty River Power has a TR of 0.0500, and an ATR(14) of 0.0650.
Mighty River Power has broken the first Woodie support point ($2.9060) [Bearish]. Look for a short limit order entry near this point. Exit price for MCY should be set @$2.8930 & short position stoploss for Mighty River Power should be set at $2.9930
MCY: ROC Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH CROSSOVER (3) 18 Apr: BULLISH
[BULLISH]: Mighty River Power current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 4.0000.
[BEARISH]: Mighty River Power is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
[BEARISH]: Mighty River Power currently has negative MACD of -0.036000. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -4.6%.
[BEARISH]: Mighty River Power 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 -1.7%.
[BULLISH]: Mighty River Power currently has positive Volume MACD of 1520.0000. This means the signal line is greater than the Volume MACD line signalling a bullish movement.
[BULLISH]: Mighty River Power current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.1000. MCY received a confirmed CMF crossover days on the Mar 19 2018.The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.68 occurring on the Mar 19 2018.
MCY: Range today versus range yesterday Current Signal ->(1) 20 Apr: BULLISH (2) 19 Apr: BEARISH (3) 18 Apr: BULLISH
[BULLISH]: Mighty River Power is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.
[BULLISH]: Mighty River Power currently has positive PVO 25.7%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -7.8%.
[BEARISH]: Mighty River Powersellers are keener than buyers and are driving the price down. There has been 5 consecutive days of price decline for MCY adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -3.9 & the greatest daily negative change this year has been -4.4. The longest consecutive downswing rally over the last 12 months has been 5 days giving a total rally downward movement of -11.7%. This quarter, the largest downswing rally has been 5 days giving a total rally downward movement of -11.7%. The loss 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 downward movement has been -2.100000%
[BEARISH]: Mighty River Power current downtrend in the first timeframe. Currently, the HIGH is -2.0000000000000000 %.
MCY: MOM Current Signal -> (1) 20 Apr: BEARISH (2) 19 Apr: BEARISH (3) 18 Apr: BEARISH
[BEARISH]: Mighty River Power has a current ARU(25) of 80 and a current ARD(25) of 100
![Mighty River Power has broken the first support point ($2.9140) [Bearish]](http://tricklar.com/ArticleImages/ASX/MCY/MCY_48.png
)
Mighty River Power current pivot point is: 2.9470. The current resistance levels are: (R1) $2.9640: (R2) $2.9970: (R3) $3.0140: The current support levels are: (S1) $2.9140: (S2) $2.8970: (S3) $2.8640
MCY: CCI Current Signal ->(1) 20 Apr: BULLISH (2) 19 Apr: BULLISH CROSSOVER (3) 18 Apr: NEUTRAL
