ABC | Australian Securities Exchange

Adelaide Brighton
+ Share

Negative momentum on volume for ABC is maintained & supports a bearish move is likely
Percentage Volume /
Negative momentum on volume for ABC is maintained & supports a bearish move is likely

[BEARISH]: Adelaide Brighton currently has negative PVO -3.92%. The recent volume is losing momentum through a fall on the short term exponential moving average.

Open/close reversal: Buyers were in control of trading all day for ABC
Open Tod Vs Close Tod /
Open/close reversal: Buyers were in control of trading all day for ABC

[BULLISH STRONG]: Adelaide Brighton opened in the lower part of daily range at 6.7% & closed in the upper part of the trading range at 93.3%. This suggests the buyers were in control all day. Over the last 12 months there has been 1 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 0.4%. Over the last month there has been 1 trading days with the opening price in the lower price range & the closing the price in the upper price range giving a confirmation ratio of 6.7%.

Relative Strength Index /
Relative Strength oversold signal has just been neutralized for Adelaide Brighton

ABC: RSI Current Signal -> (1) 21 Sep: BULLISH CROSSUNDER (2) 20 Sep: BEARISH CROSSOVER (3) 19 Sep: NEUTRAL

Coles Reaction Day /
Adelaide Brighton: Coles reaction day has been confirmed

Adelaide Brighton: Coles Reaction Day has been confirmed A lower low has been achieved for last trading day for ABC

MACD Volume /
Volume MACD for Adelaide Brighton continues to gain momentum @67000

ABC: Volume MACD Current Signal -> (1) 21 Sep: BULLISH (2) 20 Sep: BULLISH CROSSOVER (3) 19 Sep: BEARISH

ABC.AX is no longer oversold @ -73
Commodity Channel Index /
ABC.AX is no longer oversold @ -73

[NEUTRAL]: Adelaide Brighton (ASX:ABC) current trading has closed out Commodity Channel Index to oversold status and signalled the initiation of normal trading conditions. Currently, the CCI is -73. The previous bullish signal was active for 0 day. During the quarter, the lowest CCI value was -298.

Upper Donchian Band Overbought signal had been maintained for Adelaide Brighton
Donchian Channels /
Upper Donchian Band Overbought signal had been maintained for Adelaide Brighton

[BEARISH]: Adelaide Brighton is currently bearish highlighting the potential for a short term trend continuation in the downward direction.

Adelaide Brighton: Current trading activity signals distribution is present
Accumulation / Distribution /
Adelaide Brighton: Current trading activity signals distribution is present

[BEARISH]: Adelaide Brighton (ASX:ABC) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -1.27792e+006.

Exponential Moving Average /
[Bearish]: EMA(15) is serving as a resistance line for Adelaide Brighton

ABC: EMA(15) Recent Trading -> (1) 21 Sep: 6.2752 (2) 20 Sep: 6.2802 (3) 19 Sep: 6.3031

Close Tod Vs Range Tod /
Adelaide Brighton: Buyers are in control at the market close.

[BULLISH]: Adelaide Brighton buyers are in control at the market close. This is the first day of buyer commitment for Adelaide Brighton 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 2 trading days with the closing price in the upper part of the range giving a confirmation ratio of 0.8%. Over the last month there has been 2 trading days with the closing price in the upper range giving a confirmation ratio of 13.3%. Currently this quarter, closing price has spent 2 days in the upper price range compared to 1 days in the lower range giving a ratio of 2x.

Bollinger Bands /
Bollinger Overbought signal continues for Adelaide Brighton indicating downward price movement is likely

[BEARISH]: Adelaide Brighton is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. The current level is 35.01% with a current width of 6.88.

Adelaide Brighton is no longer overbought with the Stochastic Oscillator @39.5
Stochastic Oscillator /
Adelaide Brighton is no longer overbought with the Stochastic Oscillator @39.5

ABC: Stochastic Oscillator Trading -> (1) 21 Sep: 39.5 (2) 20 Sep: 10.8 (3) 19 Sep: 30.1

The SWMA trend following signal is still current for Adelaide Brighton [Bearish]
Sine Weighted Moving Average /
The SWMA trend following signal is still current for Adelaide Brighton [Bearish]

[BEARISH]: Adelaide Brighton currently has a confirmed downtrend. Recent trading has caused the SWMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 2.0%.

Percentage Price /
Adelaide Brighton: Price Percentage Oscillator (-1.76)

[BEARISH]: Adelaide Brighton currently has negative PPO -1.76%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Weighted Moving Average /
The WMA trend following signal is now active for Adelaide Brighton [Bullish]

[BULLISH]: Adelaide Brighton currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 2.0%.

Ulcer Index /
Adelaide Brighton: Ulcer Index 4.708 [Low Stress]

[BEARISH]: Adelaide Brighton UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 4.708.

[Bearish]: Continued selling pressure for Adelaide Brighton has been confirmed
Elders Force Index /
[Bearish]: Continued selling pressure for Adelaide Brighton has been confirmed

[BEARISH]: Adelaide Brighton current price has highlighted recent selling pressure. Currently, the Elders Force Index is -21548.

Adelaide Brighton: Look for a long limit order entry @$6.21
Demarks Pivot Points /
Adelaide Brighton: Look for a long limit order entry @$6.21

Adelaide Brighton has broken the first DeMark resistance point ($6.2100) [Bullish]. Look for a long limit order entry near this point. Exit price for ABC should be set @$6.32 & Stoploss for Adelaide Brighton should be set at $6.17

Adelaide Brighton: MACD oscillator (0.011)
MACD /
Adelaide Brighton: MACD oscillator (0.011)

[BULLISH]: Adelaide Brighton currently has positive MACD of 0.011. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is -0.2%.

On Balance Volume /
Market conditions are indicating OBV accumulation is current for ABC.AX

[BULLISH]: Adelaide Brighton current price has highlighted recent accumulation. Currently, the OBV is 5.58713e+006.

Rate of Change /
Negative ROC for Adelaide Brighton is a leading indicator for continued price fall

ABC: ROC Current Signal -> (1) 21 Sep: BEARISH (2) 20 Sep: BEARISH (3) 19 Sep: BEARISH

Bill Williams Market Facilitation /
[Fake Day]: MFI indicator is up, volume is down for Adelaide Brighton

ABC: BWMF Current Signal -> (1) 21 Sep: Fake Day (2) 20 Sep: Green Day (3) 19 Sep: Fade Day

Close Tod Vs Close Yest /
Buyers are now keener than sellers for Adelaide Brighton & are driving the price up.

ABC: Recent performance signals ->(1) 21 Sep: BULLISH (2) 20 Sep: NEUTRAL (3) 19 Sep: NEUTRAL

Adelaide Brighton: Confirmation of stock accumulation
Daily Volume Index /
Adelaide Brighton: Confirmation of stock accumulation

[BULLISH]: Adelaide Brighton (ASX:ABC) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the DVI is 432.

[Downtrend]: Recent trading for ABC indicates ST trend is likely to continue
Simple Moving Average /
[Downtrend]: Recent trading for ABC indicates ST trend is likely to continue

[BEARISH]: Adelaide Brighton currently has a confirmed downtrend. Recent trading has caused the SMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 2.0%.

Volume Rate of Change /
Positive VROC for Adelaide Brighton is a leading indicator for continued price rise

[BULLISH]: Adelaide Brighton currently has positive volume of change of 65%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 2%.

See More   See more results
back to top