Technical analysis from Thorpe (TFW.L, LON:TFW) on the London Stock Exchange (LSE). Download the latest price data & trading signals

Thorpe
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Thorpe currently has negative rate of change for -7.632
Rate of Change /
Thorpe currently has negative rate of change for -7.632

[BEARISH]: Thorpe currently has negative rate of change of -7.6%. 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

TFW Basic Candle: White
White Candle /
TFW Basic Candle: White

[BULLISH]: Thorpe has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

Momentum /
5-day momentum is increasing for Thorpe

[BULLISH]: Thorpe currently has positive momentum of 4. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.5%. The largest upward momentum rally for the last 3 months is 1 days producing a return of 0%%.

Percentage Price /
Thorpe: Price Percentage Oscillator

[BEARISH]: Thorpe currently has negative PPO -4.000%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Close Tod Vs Close Yest /
Daily trading performance for TFW has continued a short term uptrend

[BULLISH]: Thorpebuyers are keener than sellers and are driving the price up. There has been 2 consecutive days of price rise for TFW adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 4 & the greatest daily positive change this year has been 4. The longest consecutive upswing rally over the last 12 months has been 2 days giving a total rally upward movement of 4.5%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 4.5%. 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 0.8x. Over the last month the average daily upward movement has been 1.6%

Average True Range /
Daily trading has confirmed an ATR downtrend (10.454) for Thorpe

[Bearish]: Average True Range has confirmed an downtrend is present. Thorpe has a TR of 8.683, and an ATR(14) of 10.454.

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Fibonacci Extensions /
Thorpe has moved above the 161.8% extension level ($55.29) [Bearish]

Thorpe has moved above the 161.8% level ($55.29) [Bearish]. Look for a short limit order entry near this point. Exit price for TFW should be set @$61.29 & short position stoploss for Thorpe should be set at $49.29

Thorpe: Daily opening performance is 0.1 % [Uptrend]
Opening Price /
Thorpe: Daily opening performance is 0.1 % [Uptrend]

TFW: OPEN Current Signal -> (1) 11 Dec: NEUTRAL (2) 08 Dec: BULLISH (3) 07 Dec: BEARISH

Thorpe: Look for a short limit order entry @$320.044
Pivot Points /
Thorpe: Look for a short limit order entry @$320.044

Thorpe has broken the first support point ($320.044) [Bearish]. Look for a short limit order entry near this point. Exit price for TFW should be set @$316.089 & short position stoploss for Thorpe should be set between $333.455 & $337.411

Daily Volume Index /
Recent trading signals Thorpe is being accumulated

[BULLISH CROSSOVER]: Thorpe current price has highlighted the commencement of accumulation and the start of bullish trading conditions.

Weighted Moving Average /
Thorpe: Weighted Moving Average(5) (319.892)

TFW: WMA Current Signal -> (1) 11 Dec: BEARISH CROSSOVER (2) 11 Dec: BEARISH (3) 11 Dec: BULLISH

Aroon Oscillator /
Daily trading has confirmed an Aroon strong downtrend (-76) for Thorpe

[BEARISH]: Thorpe has a current ARU(25) of 16 and a current ARD(25) of 92

[Bullish]: EMA(5) is serving as a support line for Thorpe
Exponential Moving Average /
[Bullish]: EMA(5) is serving as a support line for Thorpe

[BULLISH]: Thorpe 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 0.5%.

TFW: Percentage Volume Oscillator [Bullish Crossover]
Percentage Volume /
TFW: Percentage Volume Oscillator [Bullish Crossover]

TFW: PVO Recent Trading -> (1) 11 Dec: 4.64 (2) 11 Dec: -8.32 (3) 11 Dec: 36.19

Elder Ray Index /
Buying pressure for TFW highlights ability of buyers to drive the price upwards

[BULLISH]: ThorpeElder Ray Index is signalling a Bullish movementERI is 2.477 indicating bull power. Prices are being driven above the consensus of value for TFW during the last trading session [Buying Pressure]

Detrended Price Oscillator /
DPO(20) for Thorpe has confirmed bearish direction is likely to continue

[BEARISH]: Thorpe currently has a confirmed downtrend. Price is currently below the displaced moving average for TFWCurrently, the return on DPO20 is 0.5%.

Ulcer Index /
Recent trading has highlighted high Ulcer index for Thorpe

TFW: UIX Current Signal -> (1) 11 Dec: High stress (2) 11 Dec: High stress (3) 11 Dec: Low stress

Negative VROC for TFW is a leading indicator for continued price fall
Volume Rate of Change /
Negative VROC for TFW is a leading indicator for continued price fall

[BEARISH]: Thorpe currently has negative rate of change of -33%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.5%.

Stochastic oversold signal has just been neutralized for Thorpe
Stochastic Oscillator /
Stochastic oversold signal has just been neutralized for Thorpe

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

Recent trading has confirmed a Fake Day for Thorpe
Bill Williams Market Facilitation /
Recent trading has confirmed a Fake Day for Thorpe

Thorpe Currently is a confirmed Fake Day. MFI indicator is up, volume is down for TFW. Trend continuation possible for TFW from reduced trading activity.

Range Tod Vs Range Yest /
Thorpe: Range Performance (19.8)

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

Moving Average Envelope /
Closing price for TFW has crossed below the lower envelope triggering a bullish crossover signal

[BULLISH CROSSOVER]: Thorpe current price has driven Envelope Bands to become oversold signalling the start of bullish trading conditions. Currently, the Lower Band is 330.8185.

Woodie Pivot Point /
Thorpe: Look for a short limit order entry @$319.658

Thorpe has broken the first Woodie support point ($319.658) [Bearish]. Look for a short limit order entry near this point. Exit price for TFW should be set @$315.896 & short position stoploss for Thorpe should be set at $333.262

Open Tod Vs Close Tod /
Open/close reversal confirmed for Thorpe signalling the buyers have lost commitment

[BULLISH WEAK]: Thorpe opened in the lower part of daily range at 17.9% & closed in the middle part of the trading range at 36.7%. This suggests the buyers have lost commitment. Over the last 12 months there has been 4 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 16.7%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 33.3%.

TFW: Short term trend has confirmed a rally day
Coles Reaction Day /
TFW: Short term trend has confirmed a rally day

Thorpe: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for TFW

Thorpe accumulation trading has been initiated
Accumulation / Distribution /
Thorpe accumulation trading has been initiated

TFW: ADLINE Recent Trading -> (1) 11 Dec: 64581 (2) 11 Dec: -5124 (3) 11 Dec: -1.21786e+007

MACD Volume /
Negative momentum on the Volume MACD histogram for TFW is maintained & supports a bearish move is likely

[BEARISH]: Thorpe currently has negative Volume MACD of -523. This means the signal line is less than the Volume MACD line signalling a bearish movement.

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