Technical analysis from Argosy Cd (ARG.NZ.NZ, NZE:ARG.NZ) on the New Zealand Stock Exchange (NZX). Download the latest price data & trading signals

Argosy Cd
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Argosy Cd has broken below the 161.8% extension level ($7.33) [Bullish]
Fibonacci Extensions /
Argosy Cd has broken below the 161.8% extension level ($7.33) [Bullish]

Argosy Cd has moved below the 161.8% level ($7.33) [Bullish]. Look for a long limit order entry near this point. Exit price for ARG should be set @$7.77 & Stoploss for Argosy Cd should be set at $6.89

Argosy Cd: Coles Reaction Day for the daily trend is confirmed
Coles Reaction Day /
Argosy Cd: Coles Reaction Day for the daily trend is confirmed

Argosy Cd: Coles Reaction Day has been confirmed A lower low has been achieved for last trading day for ARG

Average Directional Movement /
ARG: Average Directional Index has confirmed a strong trend @29.11

[Trend]: ADX for ARG has confirmed a strong trend is presentArgosy Cd has an ATR(14) of 0.013, a DX of 4.16 & an ADX(14) of 29.11

Open Tod Vs Close Tod /
Open/close reversal confirmed for Argosy Cd signalling the buyers were in control all day.

[BULLISH STRONG]: Argosy Cd opened in the lower part of daily range at 0% & closed in the upper part of the trading range at 75%. This suggests the buyers were in control all day. Over the last 12 months there has been 9 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 18.4%. Over the last month there has been 3 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 37.5%.

Aroon Oscillator /
ARG: Aroon oscillator has confirmed an uptrend @32

[BULLISH]: Argosy Cd has a current ARO(25) of 32. This has change -36 points from yesterday.

Accumulation / Distribution /
Argosy Cd: Current trading activity signals distribution is confirmed

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

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Demarks Pivot Points /
Argosy Cd: Stoploss for short position should be set between $1.07375 & $1.087

Argosy Cd has broken the first DeMark support point ($1.07375) [Bearish]. Look for a short limit order entry near this point. Exit price for ARG should be set @$1.067 & short position stoploss for Argosy Cd should be set at $1.087

Argosy Cd continues positive divergence & potential shift in direction
Chaikin Money Flow /
Argosy Cd continues positive divergence & potential shift in direction

[BULLISH]: Argosy Cd current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.13. The bullish signal has been active for 3 days. During the quarter, the highest CMF value was 0.13

High Price /
[Bullish]: Argosy Cd has beaten previous high by 0.5 %

[BULLISH]: Argosy Cd current uptrend in the first timeframe. Currently, the HIGH is 0.5 %.

Opening Price /
[Bearish]: Opening performance for ARG of -1.4 % was achieved in last trading session

[BEARISH]: Argosy Cd opening price has gapped down. Currently, the OPEN is $1.06 (-1.4 %).

Close Tod Vs Range Tod /
Argosy Cd: Buyers are in control at the market close.

[BULLISH]: Argosy Cd buyers are in control at the market close. This is the first day of buyer commitment for Argosy Cd 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 24 trading days with the closing price in the upper part of the range giving a confirmation ratio of 49%. Over the last month there has been 6 trading days with the closing price in the upper range giving a confirmation ratio of 75%. Currently this quarter, closing price has spent 6 days in the upper price range compared to 5 days in the lower range giving a ratio of 1.2x.

Price & volume confirms selling pressure for Argosy Cd is likely
Elders Force Index /
Price & volume confirms selling pressure for Argosy Cd is likely

[BEARISH]: Argosy Cd current price has highlighted recent selling pressure. Currently, the Elders Force Index is -729.

Simple Moving Average(5) signal continues for Argosy Cd indicating downward price movement is likely
Simple Moving Average /
Simple Moving Average(5) signal continues for Argosy Cd indicating downward price movement is likely

[BULLISH]: Argosy Cd currently has a confirmed uptrend. Recent trading has caused the SMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA5 is 0.9%.

Bull Belt-Hold /
Argosy Cd: Bull Belt-Hold

[BULLISH]: Argosy Cd has formed a new Bull Belt-Hold reversal pattern.

Elder Ray Index /
Argosy Cd: Elder Ray Index is 0.002 [Bullish]

[BEARISH]: Argosy CdElder Ray Index is signalling a Bearish movementERI is -0.018 indicating bear power. Prices are being driven below the consensus of value for ARG during the last trading session [Selling Pressure]

Medium Trend /
[Uptrend]: The second timeframe trend for Argosy Cd remains intact

[BULLISH]: Argosy Cd is in an uptrend in the medium term timeframe. The current rally number is 3 & the highest rally count for the LTM is 5. The highest rally for the month is 8

Bill Williams Profanity has signalled a Fake Day for Argosy Cd
Bill Williams Market Facilitation /
Bill Williams Profanity has signalled a Fake Day for Argosy Cd

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

Recent trading has highlighted low Ulcer index for Argosy Cd
Ulcer Index /
Recent trading has highlighted low Ulcer index for Argosy Cd

[BEARISH]: Argosy Cd UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 1.743.

Argosy Cd: Daily performance is 0.9 % [Uptrend]
Closing Price /
Argosy Cd: Daily performance is 0.9 % [Uptrend]

[BULLISH]: Argosy Cd current uptrend in the first timeframe. Currently, the Close is $1.075.

Price Range /
[Bullish]: Range has increased for ARG during the last trading session

[BULLISH]: Argosy Cd current uptrend in the first timeframe. Currently, the Range is $0.02.

Close Tod Vs Close Yest /
Closing price for ARG ($1.075) signals buyers are now keener than sellers

ARG: Recent performance signals ->(1) 12 Jan: BULLISH (2) 12 Jan: NEUTRAL (3) 12 Jan: NEUTRAL

Volume Rate of Change /
Argosy Cd has initiated a positive volume rate of change of 61

[BULLISH CROSSOVER]: Argosy Cd currently has positive volume of change of 61%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 0.9%.

Percentage Price /
The current price is still gaining momentum through a rise for ARG on the short term EMA.

[BULLISH]: Argosy Cd currently has positive PPO 0.500%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Exponential Moving Average(5) signal continues for Argosy Cd indicating downward price movement is likely
Exponential Moving Average /
Exponential Moving Average(5) signal continues for Argosy Cd indicating downward price movement is likely

ARG: EMA(5) Recent Trading -> (1) 12 Jan: 1.07612 (2) 12 Jan: 2.10371 (3) 12 Jan: 2.20003

Volume MACD for Argosy Cd continues to gain momentum @39132)
MACD Volume /
Volume MACD for Argosy Cd continues to gain momentum @39132)

[BULLISH]: Argosy Cd currently has positive Volume MACD of 39132. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Low Price /
Argosy Cd: Daily low price is $1.06 [Lower low]

[BULLISH]: Argosy Cd current downtrend in the first timeframe. Currently, the Low is $1.06 (-0.5 %).

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