[NEUTRAL]: Neither buyer or seller are in control at the close of the market for Aurizon Holdings. This is the first day of closing price in the middle range for AZJ showing a lack of direction in the first timeframe & highlights the lack of commitment from both the buyers & sellers. Over the last 12 months there has been 93 trading days with the closing price in the middle part of the range giving a confirmation ratio of 35.4%. Over the last month there has been 4 trading days with the closing price in the middle range giving a confirmation ratio of 33.3%. Currently this quarter, closing price has spent 4 days in the middle price range giving a ratio of 0.3x.
Where the closing price fall within the day’s trading range highlights whether are in control.
[Calculations] Close Today Versus Range Today (CTRT):
1) When the closing price is near the high of the day buyers were in control at the close of the trading session;
2) When the closing price is near the low of the day sellers were in control at the close of the trading session;
3) When the closing price is near the middle of the day’s range where neither the buyers or sellers were in control at the close of the trading session;
Close Today Versus Range TodayDownload
|Company||Close||Close Change (%)||Volume||Value||Signal|
|IRI Integrated Research||2.56||4.5||1,521,505||0||NEUTRAL|
|NBL Noni B||3.32||3.8||74,092||0||NEUTRAL|
|SNZ Summerset Holdings||7.06||2||561||0||NEUTRAL|
|SHV Select Harvests||6.05||1.9||566,860||0||NEUTRAL|
|VRL Village Roadshow||1.8||1.7||514,905||0||NEUTRAL|
|SPL Starpharma Holdings||1.17||1.7||304,650||0||NEUTRAL|