1ST TIMEFRAME TREND
Trading: SELL @ $3.39
Signal Strength: WEAK
Indicator can be used in isolation or in additional to another technical indicator to confirmation for trading entry. This indicator has been constructed to highlight the existence of a trend for an assocaited timeframe. Trend determining indicators can be used in short, medium or long term timeframes & determines if the stock is trending or ranging. Once the trend status is quantified, this can then be coupled to additional indicators to add a significant advantage to the trading strategy.
Cybg (ASX:CYB) is in a downtrend in the short term timeframe. The current rally number is 1 & the highest rally count for the LTM is 5
The Tricklar short term trend indicator (T1) highlights the high points and low points associated with the individual bars. As such, successive rallies penetrating preceding high points whilst cancelling preceding lower troughs offer a BULLISH indication in the second time frame. Conversely, failure of rallies to penetrate previous Lower peaks whilst maintaining prices below the previous lower troughs indicates BEARISH trends in the second timeframe.
Calculation: Tricklar short trend (T1):
1) [BULLISH] An uptrend is a succession of higher highs and higher lows;
2) [BEARISH] A downtrend is a succession of lower highs and lower lows;
PROFILE: Cybg (CYB.AX)
Stock Exchange: ASX
Ticker Codes: | CYB.AX | ASX:CYB |
Equatorial Resources Limited explores for and develops iron ore properties in the Republic of Congo. It owns a 100% interest in the Badondo iron project located in the northwest region of the Republic of Congo. The company is headquartered in Perth, Australia.
1st timeframe trendDownload
|ANZ Australia & Banking||27.35||2.3||5,406,497||-1||BEARISH|
|CWY Cleanaway Waste Management||2.15||0.9||5,534,845||-1||BEARISH|
|AEF Australian Ethical Investments||1.71||0.9||19,336||-1||BEARISH|
|CCL Coca-Cola Amatil||8.38||0.5||1,481,626||-1||BEARISH|
|SMN Structural Monitoring Systems||0.93||0.5||38,242||-1||BEARISH|
|XMD ASX Midcap50||6557.4||0||0||-1||BEARISH|
|XDJ ASX 200 Cons Disc||2259.3||-0.2||0||-1||BEARISH|