Technical analysis from NZSX SCI Index (^SCI) on the New Zealand Stock Exchange (NZX). Download the latest price data & trading signals

NZSX SCI Index
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Medium Trend /
Daily bar has maintained 2nd timeframe Uptrend for SCI

[BULLISH]: NZSX SCI Index has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Dec 13 2017.

Price Range /
Recent trading for NZSX SCI Index fell short of the previous price range ($63)

SCI: Price Range Current Signal -> (1) 12 Jan: BEARISH (2) 11 Jan: BULLISH (3) 10 Jan: BEARISH

MACD /
MACD oscillator is now positive for SCI

SCI: MACD Current Signal -> (1) 12 Jan: BULLISH CROSSOVER (2) 12 Jan: NEUTRAL (3) 12 Jan: NEUTRAL

Range Tod Vs Range Yest /
NZSX SCI Index: Range Performance (-44.2)

SCI: Range today versus range yesterday Current Signal ->(1) 12 Jan: BULLISH (2) 12 Jan: BEARISH (3) 12 Jan: NEUTRAL

Triangular Moving Average /
[Uptrend]: Recent trading for SCI confirms bullish TMA(30) signal

[BEARISH]: NZSX SCI Index currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -0.2%.

Average True Range /
Daily trading has confirmed an ATR uptrend (94.214) for NZSX SCI Index

SCI: Average True Range Recent Trading -> (1) 12 Jan: 94.214 (2) 12 Jan: 26.218 (3) 12 Jan: 6.894

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Exponential Moving Average /
Exponential Moving Average(5) signal continues for NZSX SCI Index indicating downward price movement is likely

SCI: EMA(5) Current Signal -> (1) 12 Jan: BULLISH CROSSOVER (2) 12 Jan: BULLISH CROSSOVER (3) 12 Jan: NEUTRAL

Camarilla Pivot Points /
Limit order for a long position has been identified for NZSX SCI Index [Bullish]

NZSX SCI Index has broken the first Camarilla resistance point ($17424.9) [Bullish]. Look for a long limit order entry near this point. Exit price for SCI should be set @$18765.8 & Stoploss for NZSX SCI Index should be set between $13402.2 & $12061.3

Woodie Pivot Point /
NZSX SCI Index has broken the first Woodie resistance point ($16115.5) [Bullish]

NZSX SCI Index has broken the first Woodie resistance point ($16115.5) [Bullish]. Look for a long limit order entry near this point. Exit price for SCI should be set @$16152.3 & Stoploss for NZSX SCI Index should be set at $16026.3

Close Tod Vs Close Yest /
Daily trading performance for SCI has continued a short term downtrend

[BEARISH]: NZSX SCI Indexsellers are keener than buyers and are driving the price down. There has been 3 consecutive days of price decline for SCI adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -0.7 & the greatest daily negative change this year has been -0.7. The longest consecutive downswing rally over the last 12 months has been 3 days giving a total rally downward movement of -1.3%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -1.3%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.2x giving a total win/loss ratio of 5x. Over the last month the average daily downward movement has been -0.4%

Closing Price /
NZSX SCI Index: Daily performance is -0.2 % [Downtrend]

[BEARISH]: NZSX SCI Index current downtrend in the first timeframe. Currently, the Close is $16084.

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

[BULLISH]: NZSX SCI Index currently has positive PPO 1.800%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

Weighted Moving Average /
SCI: WMA(15) has moved above the WMA(30) @$15780.9

[BEARISH]: NZSX SCI Index 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 -0.2%.

High Price /
[Bearish]: NZSX SCI Index has failed beat previous high by -0.6 %

[BEARISH]: NZSX SCI Index current downtrend in the first timeframe. Currently, the HIGH is -0.6 %.

Open Tod Vs Close Tod /
NZSX SCI Index: Sellers have lost commitment.

[BEARISH WEAK]: NZSX SCI Index opened in the upper part of daily range at 85.7% & closed in the middle part of the trading range at 33.3%. This suggests the sellers have lost commitment. Over the last 12 months there has been 1 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 5%. Over the last month there has been 1 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 12.5%.

Long Trend /
[Uptrend]: The third timeframe trend for NZSX SCI Index remains intact

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

Detrended Price Oscillator /
DPO for SCI has confirmed price is currently above the displaced moving average

SCI: DPO Current Signal -> (1) 12 Jan: BULLISH (2) 12 Jan: BULLISH CROSSOVER (3) 12 Jan: NEUTRAL

Opening Price /
Recent trading for NZSX SCI Index has opened -0.6 % higher than previous session

SCI: OPEN Recent Trading -> (1) 12 Jan: 16117 (2) 11 Jan: 16218 (3) 10 Jan: 16293

Average Directional Movement /
[Strong Trend]: Average Directional Index (65.76) very strong trend has been confirmed for SCI

[Stong Trend]: ADX for SCI has confirmed a very strong trend is presentNZSX SCI Index has an ATR(14) of 94.214, a DX of 53.8 & an ADX(14) of 65.76

Aroon Oscillator /
NZSX SCI Index: Aroon oscillator (76) has confirmed a strong uptrend is present

[BULLISH]: NZSX SCI Index has a current ARO(25) of 76. This has change 8 points from yesterday.

Black Candle /
SCI Basic Candle: Black

[BEARISH]: NZSX SCI Index has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

Stochastic Oscillator /
NZSX SCI Index is no longer oversold and normal trading conditions are resumed

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

Low Price /
low for SCI has not surpassed the low of the previous trading session

[BULLISH]: NZSX SCI Index current downtrend in the first timeframe. Currently, the Low is $16063 (-0.3 %).

Simple Moving Average /
SMA(15) is now trading above the SMA(30) for NZSX SCI Index

[BULLISH]: NZSX SCI Index 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 -0.2%.

Moving Average Envelope /
Envelope bands Oversold signal is still current for NZSX SCI Index [Bullish]

[BULLISH]: NZSX SCI Index current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 14830.8870.

Demarks Pivot Points /
NZSX SCI Index: Look for a long limit order entry @$16084

NZSX SCI Index has broken the first DeMark resistance point ($16084) [Bullish]. Look for a long limit order entry near this point. Exit price for SCI should be set @$16105 & Stoploss for NZSX SCI Index should be set at $16042

Rate of Change /
Rate of change(14) is now increasing for NZSX SCI Index

[BULLISH CROSSOVER]: NZSX SCI Index currently has positive rate of change of 3.1%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

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