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

Monadelphous
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MND: Average True Range has confirmed an uptrend @0.389
Average True Range /
MND: Average True Range has confirmed an uptrend @0.389

[Bullish]: Average True Range has confirmed an uptrend is present. Monadelphous has a TR of 0.205, and an ATR(14) of 0.389.

Initiation of overbought signal for Monadelphous  [Bearish Crossover]
Relative Strength Index /
Initiation of overbought signal for Monadelphous [Bearish Crossover]

[BEARISH]: Monadelphous is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. RSI is currently overbought @78.2624

Price Range /
Monadelphous : Daily price range is 0.205 [Downtrend]

[BEARISH]: Monadelphous current downtrend in the first timeframe. Currently, the Range is $0.205.

On Balance Volume /
Traders are currently Distributing Monadelphous

[BEARISH]: Monadelphous current price has highlighted recent distribution. Currently, the OBV is -599452.

Demarks Pivot Points /
Monadelphous : Look for a long limit order entry @$18.4812

Monadelphous has broken the first DeMark resistance point ($18.4812) [Bullish]. Look for a long limit order entry near this point. Exit price for MND should be set @$18.532 & Stoploss for Monadelphous should be set at $18.327

Sine Weighted Moving Average /
Monadelphous is in a short term uptrend with the support price @$18.389

[BULLISH]: Monadelphous 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 -0.8%.

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MACD /
MACD oscillator is now positive for MND

[BULLISH CROSSOVER]: Monadelphous currently has positive MACD of 0.161000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -0.3%.

Monadelphous : Look for a long limit order entry @$18.566
Pivot Points /
Monadelphous : Look for a long limit order entry @$18.566

Monadelphous has broken the first resistance point ($18.566) [Bullish]. Look for a long limit order entry near this point. Exit price for MND should be set @$18.703 & Stoploss for Monadelphous should be set between $18.293 & $18.156

Monadelphous : Daily volume is 328357 [Lower Volume]
Volume /
Monadelphous : Daily volume is 328357 [Lower Volume]

[BEARISH]: Monadelphous current volume downtrend in the first timeframe. Volume for MND is328357 (-4.2).

Fibonacci Extensions /
Monadelphous : Look for a short limit order entry @$0.81

Monadelphous has moved above the 161.8% level ($0.81) [Bearish]. Look for a short limit order entry near this point. Exit price for MND should be set @$1.24 & short position stoploss for Monadelphous should be set at $0.39

Volume Rate of Change /
Monadelphous has initiated a positive volume rate of change of 94

[BULLISH CROSSOVER]: Monadelphous currently has positive volume of change of 94%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.8%.

Close Tod Vs Range Tod /
MND: Over the last month there has been 8 trading days with the closing price in the lower range giving a confirmation ratio of 100%.

[BEARISH]: Monadelphous sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Monadelphous 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 79 trading days with the closing price in the lower part of the range giving a confirmation ratio of 30.3%. 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.

Recent trading indicates Aroon upward trend direction likely for MND [Strong Uptrend]
Aroon Oscillator /
Recent trading indicates Aroon upward trend direction likely for MND [Strong Uptrend]

MND: Aroon Oscillator Current Signal -> (1) 11 Jan: BULLISH STRONG (2) 11 Jan: BEARISH STRONG (3) 11 Jan: BULLISH STRONG

Monadelphous : Range Performance (-33.9)
Range Tod Vs Range Yest /
Monadelphous : Range Performance (-33.9)

[WEAK BEARISH]: Monadelphous buyers are becoming less eager.There has been 2 consecutive days of range decrease for MND reducing strength to an uptrend in the first timeframe. The biggest price range this month has been $1.47 & the greatest daily price range this year has been $1.47. The price range ratio this week versus the quarterly price range is 0.5x & the price range ratio this month versus the year to date price range is 1x.

Closing Price /
Recent trading for Monadelphous fell short of the previous close by -0.8 %

[BEARISH]: Monadelphous current downtrend in the first timeframe. Currently, the Close is $18.43.

Triangular Moving Average /
Triangular Moving Average(30) signal is confirmed for Monadelphous indicating downward price movement is likely

[BULLISH]: Monadelphous currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.8%.

Accumulation / Distribution /
Monadelphous distribution trading has been initiated

[BEARISH CROSSOVER]: Monadelphous current price has highlighted the commencement of distribution and the start of bearish trading conditions.

Monadelphous  is no longer oversold and normal trading conditions are resumed
Moving Average Envelope /
Monadelphous is no longer oversold and normal trading conditions are resumed

[NEUTRAL]: Monadelphous current trading has closed out Envelope Bands to oversold status and signalled the initiation of normal trading conditions. Currently, the Lower Band is 16.9005.

Monadelphous  has initiated a positive momentum of 0.82
Momentum /
Monadelphous has initiated a positive momentum of 0.82

MND: MOM Current Signal -> (1) 11 Jan: BULLISH CROSSOVER (2) 11 Jan: BEARISH CROSSOVER (3) 11 Jan: BULLISH

[Bullish]: Recent trading has driven price above the consensus of value for MND
Elder Ray Index /
[Bullish]: Recent trading has driven price above the consensus of value for MND

[BULLISH]: Monadelphous Elder Ray Index is signalling a Bullish movementERI is 0.6 indicating bull power. Prices are being driven above the consensus of value for MND during the last trading session [Buying Pressure]

Simple Moving Average /
Monadelphous : Simple Moving Average(5) (18.34)

MND: SMA(5) Current Signal -> (1) 11 Jan: BEARISH (2) 11 Jan: BULLISH CROSSOVER (3) 11 Jan: BULLISH

Open Tod Vs Close Tod /
Monadelphous : Sellers have taken control.

MND: Open today versus close yesterday Recent Trading ->(1) 11 Jan: 48.8% (2) 11 Jan: 67.8% (3) 11 Jan: 44.4%

Stochastic Oscillator /
Stochastic Oscillator for MND has crossed above the overbought limit triggering a bearish crossover signal

[BEARISH]: Monadelphous is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Short Black Candle /
MND Basic Candle: Short Black

[BEARISH]: Monadelphous has formed a Short Black candlestick. This means, MND 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.

Monadelphous : Volume MACD oscillator (23457)
MACD Volume /
Monadelphous : Volume MACD oscillator (23457)

[BULLISH]: Monadelphous currently has positive Volume MACD of 23457. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Ulcer Index /
Ulcer index has fallen as the price rises for Monadelphous

MND: UIX Current Signal -> (1) 11 Jan: Low stress (2) 11 Jan: Low stress (3) 11 Jan: Low stress

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