Av Jennings Homes (AVJ)

Av Jennings Homes (AVJ.AX)

Indicator:

JAPANESE CANDLE

Indicator MUST BE USED in additional to another technical indicator to confirmation for trading position. Indicator can be applied to the short term timeframe but is only able to give and indication of the strength of the buyers versus sellers at the market close. This Japanese candlestick indicator can provide guidance on the short term battle between sellers and buyers from the companies recent trading.

Av Jennings Homes (ASX:AVJ) No strong reversal signals currently present. Previous signals for AVJ include:

No Bullish Engulfing formations in the last 12 months

No Bullish Engulfing formations in the last 12 months.

No Bullish Engulfing formations in the last 12 months.

No Bear Engulfing formations in the last 12 months.

No Dark Cloud Cover formations in the last 12 months.

[BULLISH]: Av Jennings Homes has formed a Bullish Piercing reversal pattern 1 days ago on the 14 Feb 2019. This means, AVJ has been in a short term downtrend with a black candle which is followed by a strong gap down on open but closes in the upper half of the previous candle. This indicates after a very weak open the bulls have taken control on the close and highlights a potential trend change in the upward direction.

PROFILE: Av Jennings Homes (AVJ.AX)

Stock Exchange: ASX
Company: Av Jennings Homes
Ticker Codes: | AVJ.AX | ASX:AVJ |

AVJennings Limited engages in the development of residential properties in Australia. It is involved in land and apartment development, and integrated housing activities. The company was founded in 1932 and is based in Hawthorn, Australia. AVJennings Limited is a subsidiary of SC Global Developments Pte Ltd.