Technical analysis from Fonterra Co-Operative (FCG.NZ, NZE:FCG) on the New Zealand Stock Exchange (NZX). Download the latest price data & trading signals

Fonterra Co-Operative
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DVI: Accumulation still active for Fonterra Co-Operative
Daily Volume Index /
DVI: Accumulation still active for Fonterra Co-Operative

[BULLISH]: Fonterra Co-Operative current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Fonterra Co-Operative : Closed Window
Closed Window /
Fonterra Co-Operative : Closed Window

[BEARISH]: Fonterra Co-Operative has Gapped Down on previous bar.

Pivot Points /
Fonterra Co-Operative has moved below the S1 pivot point ($6.134) [Bearish]

Fonterra Co-Operative has broken the first support point ($6.134) [Bearish]. Look for a short limit order entry near this point. Exit price for FCG should be set @$6.097 & short position stoploss for Fonterra Co-Operative should be set between $6.217 & $6.254

Average Directional Movement /
Daily bar has confirmed has confirmed an ADX a weak trend is intact for FCG

[Weak Trend]: ADX for FCG has confirmed a weak trend is presentFonterra Co-Operative has an ATR(14) of 0.039, a DX of 21.69 & an ADX(14) of 24.53

Gap Down /
A short term Gap Down has formed with Fonterra Co-Operative

[BULLISH]: A short term Gap Down has formed with Fonterra Co-Operative which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 7 occurrences of this bar reversal giving a signal probability of 2.7%.

PROFIT /
The current revenue for Fonterra Co-Operative is $17.60B

Fonterra Co-Operative Key financial metrics: (1) Revenue: $17.60B (2) EBITDA: $1.72B (3) Price-Sales ratio: 0.57

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Woodie Pivot Point /
Fonterra Co-Operative has moved below the S1 Woodie pivot point ($6.14) [Bearish]

Fonterra Co-Operative has broken the first Woodie support point ($6.14) [Bearish]. Look for a short limit order entry near this point. Exit price for FCG should be set @$6.1 & short position stoploss for Fonterra Co-Operative should be set at $6.22

Exponential Moving Average /
[Bearish]: EMA(5) is serving as a resistance line for Fonterra Co-Operative

[BEARISH]: Fonterra Co-Operative 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 -0.5%.

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OBV: Accumulation still active for Fonterra Co-Operative
On Balance Volume /
OBV: Accumulation still active for Fonterra Co-Operative

FCG: OBV Current Signal ->(1) 20 Oct: BULLISH (2) 19 Oct: BULLISH (3) 18 Oct: BULLISH

Fonterra Co-Operative : Daily performance is -0.5 % [Downtrend]
Closing Price /
Fonterra Co-Operative : Daily performance is -0.5 % [Downtrend]

[BEARISH]: Fonterra Co-Operative current downtrend in the first timeframe. Currently, the Close is $6.17.

Weighted Moving Average /
Price is now trading below the Weighted Moving Average(5) for FCG

[BEARISH]: Fonterra Co-Operative currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -0.5%.

Accumulation / Distribution /
FCG: Current trading activity signals accumulation is active

[BULLISH]: Fonterra Co-Operative current accumulation has given strength to the share price and the continuation of bullish trading conditions.

High Price /
Recent trading for FCG has failed to beaten the previous high by -0.6 % [Downtrend]

[BEARISH]: Fonterra Co-Operative current downtrend in the first timeframe. Currently, the HIGH is -0.6 %.

Price dipped from high volume trading for Fonterra Co-Operative  during last trading session
Ease of Movement /
Price dipped from high volume trading for Fonterra Co-Operative during last trading session

FCG: EOM Current Signal -> (1) 20 Oct: BEARISH HARD (2) 19 Oct: BEARISH HARD (3) 18 Oct: BEARISH HARD

Fonterra Co-Operative  currently has positive volume rate of change for 151
Volume Rate of Change /
Fonterra Co-Operative currently has positive volume rate of change for 151

[BULLISH]: Fonterra Co-Operative currently has positive volume of change of 151%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.5%.

Bill Williams Market Facilitation /
Trend continuation possible for FCG from reduced trading activity

Fonterra Co-Operative Currently is a confirmed Fake Day. MFI indicator is up, volume is down for FCG. Trend continuation possible for FCG from reduced trading activity.

Demarks Pivot Points /
Short positions for Fonterra Co-Operative should be set between $6.1475 & $6.115

Fonterra Co-Operative has broken the first DeMark support point ($6.1475) [Bearish]. Look for a short limit order entry near this point. Exit price for FCG should be set @$6.115 & short position stoploss for Fonterra Co-Operative should be set at $6.175

Close Tod Vs Close Yest /
Fonterra Co-Operative : Daily Performance (-0.5%.)

FCG: Recent performance signals ->(1) 20 Oct: NEUTRAL (2) 19 Oct: BULLISH (3) 18 Oct: NEUTRAL

Volume MACD oscillator remains positive for FCG
MACD Volume /
Volume MACD oscillator remains positive for FCG

[BULLISH]: Fonterra Co-Operative currently has positive Volume MACD of 13241. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Profits for Fonterra Co-Operative  were last distributed on the Apr  4 2017
Ex-Dividend /
Profits for Fonterra Co-Operative were last distributed on the Apr 4 2017

The last ex-dividend date recorded for FCG occurred on the Apr 4 2017. This event was 199 days from the current trading day.

Daily trading has increased the bear power to drive prices for Fonterra Co-Operative
Elder Ray Index /
Daily trading has increased the bear power to drive prices for Fonterra Co-Operative

FCG: Elder Ray Index Recent Trading -> (1) 20 OctBull Power: -0.001Bear Power: -0.061 (2) 19 OctBull Power: 0.037Bear Power: 0.007 (3) 18 OctBull Power: 0.06Bear Power: 0

Fibonacci Extensions /
Fonterra Co-Operative has broken above the 161.8% extension level ($3.72) [Bearish]

Fonterra Co-Operative has moved above the 161.8% level ($3.72) [Bearish]. Look for a short limit order entry near this point. Exit price for FCG should be set @$3.93 & short position stoploss for Fonterra Co-Operative should be set at $3.51

Black Candle /
FCG Basic Candle: Black

[BEARISH]: Fonterra Co-Operative has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

MACD /
The MACD continues to rise above the signal line for FCG [Bullish]

[BULLISH]: Fonterra Co-Operative currently has positive MACD of 0.003000. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -1%.

Ulcer Index /
Recent upward trend has reduced drawdown exposure associated with Fonterra Co-Operative

FCG: UIX Current Signal -> (1) 20 Oct: Low stress (2) 19 Oct: Low stress (3) 18 Oct: Low stress

ROC continues to fall for Fonterra Co-Operative  signalling an downtrend will persist
Rate of Change /
ROC continues to fall for Fonterra Co-Operative signalling an downtrend will persist

[BEARISH]: Fonterra Co-Operative currently has negative rate of change of -1.1%. 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]: Fonterra Co-Operative  has beaten previous trading range
Price Range /
[Bullish]: Fonterra Co-Operative has beaten previous trading range

[BULLISH]: Fonterra Co-Operative current uptrend in the first timeframe. Currently, the Range is $0.06.

Close Tod Vs Range Tod /
The daily battle of control for Fonterra Co-Operative was won by the buyers

[BULLISH]: Fonterra Co-Operative buyers are in control at the market close. This is the first day of buyer commitment for Fonterra Co-Operative 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 229 trading days with the closing price in the upper part of the range giving a confirmation ratio of 87.1%. Over the last month there has been 7 trading days with the closing price in the upper range giving a confirmation ratio of 46.7%. Currently this quarter, closing price has spent 7 days in the upper price range compared to 1 days in the lower range giving a ratio of 7x.

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