BOO: EOM Recent Trading -> (1) 12 Jan: -811.854 (2) 12 Jan: 32.927 (3) 12 Jan: 490.348
BOO: Range today versus range yesterday Recent Trading -> (1) 12 Jan: -41.6% (2) 12 Jan: 30.8% (3) 12 Jan: 25%
[BEARISH]: Boohoo sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Boohoo 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 27 trading days with the closing price in the lower part of the range giving a confirmation ratio of 58.7%. Over the last month there has been 6 trading days with the closing price in the lower range giving a confirmation ratio of 75%. Currently this quarter, closing price has spent 6 days in the lower price range compared to 5 days in the upper range giving a ratio of 1.2x.
[BEARISH]: Boohoo currently has a confirmed downtrend. Recent trading has caused the EMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA5 is -4.6%.
London Stock Exchange
[BEARISH]: Boohoosellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for BOO adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -7.6 & the greatest daily negative change this year has been -7.6. The longest consecutive downswing rally over the last 12 months has been 3 days giving a total rally downward movement of -12.2%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -12.2%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.1x. Over the last month the average daily downward movement has been -3.7%
[BEARISH]: Boohoo current price has highlighted recent selling pressure. Currently, the Elders Force Index is -3.48546e+007.
[BEARISH CROSSOVER]: Boohoo current price has highlighted the commencement of distribution and the start of bearish trading conditions.
BOO: SMA(5) Current Signal -> (1) 12 Jan: BULLISH (2) 12 Jan: BULLISH (3) 12 Jan: BULLISH CROSSOVER
BOO: Chaikin Oscillator Recent Trading -> (1) 12 Jan: -0.02 (2) 12 Jan: 0.51 (3) 12 Jan: -0.02
[BULLISH]: Boohoo UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.311.
Boohoo has broken the first Camarilla support point ($167.106) [Bearish]. Look for a short limit order entry near this point. Exit price for BOO should be set @$151.511 & short position stoploss for Boohoo should be set between $213.889 & $229.483
BOO: Average True Range Recent Trading -> (1) 12 Jan: 9.922 (2) 12 Jan: 7.322 (3) 12 Jan: 14.775
Boohoo has broken the first Woodie support point ($174.85) [Bearish]. Look for a short limit order entry near this point. Exit price for BOO should be set @$170.325 & short position stoploss for Boohoo should be set at $201.725
[BULLISH]: Boohoo has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jan 8 2018.
[BEARISH]: Boohoo currently has negative rate of change of -0.4%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction
[BULLISH]: Boohoo opening price has gapped up. Currently, the OPEN is $191.7 (-8.6 %).
[BULLISH]: BoohooElder Ray Index is signalling a Bullish movementERI is 0.594 indicating bull power. Prices are being driven above the consensus of value for BOO during the last trading session [Buying Pressure]