Technical analysis from Adelaide Brighton (ABC.AX.AX, ASX:ABC.AX) on the Australian Stock Exchange (ASX). Download the latest price data & trading signals

Adelaide Brighton
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14-day rate of change is increasing for Adelaide Brighton
Rate of Change /
14-day rate of change is increasing for Adelaide Brighton

ABC: ROC Current Signal -> (1) 19 Feb: BULLISH (2) 16 Feb: BULLISH (3) 15 Feb: BULLISH

Weighted Moving Average(5) signal continues for Adelaide Brighton indicating upward price movement is likely
Weighted Moving Average /
Weighted Moving Average(5) signal continues for Adelaide Brighton indicating upward price movement is likely

[BULLISH]: Adelaide Brighton currently has a confirmed uptrend. Recent trading has caused the WMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is 0.9%.

Volume Rate of Change /
14-day volume rate of change is now decreasing for Adelaide Brighton

[BEARISH CROSSOVER]: Adelaide Brighton currently has negative rate of change of -2%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.9%.

Ease of Movement /
Adelaide Brighton was difficult to move upward due to high volume in recent trading [Bullish]

ABC: EOM Current Signal -> (1) 19 Feb: BULLISH HARD (2) 16 Feb: BULLISH HARD (3) 15 Feb: BULLISH HARD

Low Price /
[Bullish]: Adelaide Brighton has beaten previous low by 0.5 %

[BEARISH]: Adelaide Brighton current uptrend in the first timeframe. Currently, the Low is $6.61 (0.5 %).

Percentage Price /
Signal line is still above the EMA for Adelaide Brighton producing positive momentum

[BULLISH]: Adelaide Brighton currently has positive PPO 0.400%. This means the current price is gaining momentum through a rise on the short term exponential moving average.

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Three White Soldiers /
Adelaide Brighton: Three White Soldiers

[BULLISH]: Adelaide Brighton has formed a new Three White Soldiers pattern.

Adelaide Brighton: Direction, extent & volume have increased in recent trading [Buying Pressure]
Elders Force Index /
Adelaide Brighton: Direction, extent & volume have increased in recent trading [Buying Pressure]

[BULLISH]: Adelaide Brighton current price has highlighted recent buying pressure. Currently, the Elders Force Index is 19087.

[Bullish]: Adelaide Brighton currently has positive PVO 9
Percentage Volume /
[Bullish]: Adelaide Brighton currently has positive PVO 9

[BULLISH]: Adelaide Brighton currently has positive PVO 9%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 1%.

Stochastic Oscillator /
Adelaide Brighton is still overbought with the Stochastic Oscillator @95.2

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

Momentum /
Adelaide Brighton: Momentum(5)

[BULLISH]: Adelaide Brighton currently has positive momentum of 0.32. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is 0.9%. The largest upward momentum rally for the last 3 months is 5 days producing a return of 2.1%%.

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

[BULLISH]: Adelaide Brighton currently has a confirmed uptrend. Recent trading has caused the SWMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is 0.9%.

This is the first day buyers have increased eagerness for ABC adding strength to an uptrend in the first timeframe.
Range Tod Vs Range Yest /
This is the first day buyers have increased eagerness for ABC adding strength to an uptrend in the first timeframe.

[BULLISH]: Adelaide Brightonbuyers are increasingly eager. This is the first day buyers have increased eagerness for ABC adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.42. & the greatest daily price range this year has been $0.42. The price range ratio this week versus the quarterly price range is 0.2x & the price range ratio this month versus the year to date price range is 1x.

Adelaide Brighton: Look for a long limit order entry @$6.704
Pivot Points /
Adelaide Brighton: Look for a long limit order entry @$6.704

Adelaide Brighton has broken the first resistance point ($6.704) [Bullish]. Look for a long limit order entry near this point. Exit price for ABC should be set @$6.737 & Stoploss for Adelaide Brighton should be set between $6.577 & $6.544

White Opening Marubozu /
ABC Basic Candle: White Opening Marubozu

ABC: Basic Candlestick Current Signal -> (1) 19 Feb: BULLISH (2) 16 Feb: BULLISH (3) 15 Feb: BULLISH

Commodity Channel Index /
Adelaide Brighton: The CCI overbought signal has been confirmed

[BEARISH]: Adelaide Brighton current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 144. ABC received a confirmed CCI crossover on the Feb 16 2018.The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 204.

Bear Harami /
Adelaide Brighton: Bear Harami

ABC: Reversal (Weak) Candlestick Current Signal -> (1) 19 Feb: BEARISH (2) 16 Feb: NEUTRAL (3) 15 Feb: NEUTRAL

[Green Day]: Both MFI & volume are up for Adelaide Brighton
Bill Williams Market Facilitation /
[Green Day]: Both MFI & volume are up for Adelaide Brighton

Adelaide Brighton Currently is a confirmed Green Day. Both MFI & volume are down for ABC. Trend continuation likely for ABC from increased trading activity.

Strong volume performance from ABC has seen a higher volume of 38.6 [Uptrend]
Volume /
Strong volume performance from ABC has seen a higher volume of 38.6 [Uptrend]

[BULLISH]: Adelaide Brighton current volume uptrend in the first timeframe. Volume for ABC is1.12497e+006 (38.6).

Close Tod Vs Close Yest /
Daily trading performance for ABC has continued a short term uptrend

[BULLISH]: Adelaide Brightonbuyers are keener than sellers and are driving the price up. There has been 3 consecutive days of price rise for ABC adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 2.8 & the greatest daily positive change this year has been 2.8. The longest consecutive upswing rally over the last 12 months has been 5 days giving a total rally upward movement of 7.1%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 3%. The win ratio for price rise in the first timeframe for the last 12 months is 0.5x giving a total win/loss ratio of 1.3x. Over the last month the average daily upward movement has been 1%

Close Tod Vs Range Tod /
Adelaide Brighton closed in the upper part of daily range at 75%.

ABC: Close versus price range Current Signal ->(1) 19 Feb: BULLISH (2) 16 Feb: NEUTRAL (3) 15 Feb: BULLISH

Chaikin Money Flow /
Adelaide Brighton: Bullish relationship forming between price & volume

[BULLISH]: Adelaide Brighton current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.22. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.23

MACD /
ABC: Moving Average Convergence Divergence [Bullish]

ABC: MACD Current Signal -> (1) 19 Feb: BULLISH (2) 16 Feb: BULLISH (3) 15 Feb: BULLISH

Adelaide Brighton: Confirmation of stock accumulation
Accumulation / Distribution /
Adelaide Brighton: Confirmation of stock accumulation

[BULLISH]: Adelaide Brighton current accumulation has given strength to the share price and the continuation of bullish trading conditions.

Adelaide Brighton has moved above the R1 DeMark pivot point ($6.665) [Bullish]
Demarks Pivot Points /
Adelaide Brighton has moved above the R1 DeMark pivot point ($6.665) [Bullish]

Adelaide Brighton has broken the first DeMark resistance point ($6.665) [Bullish]. Look for a long limit order entry near this point. Exit price for ABC should be set @$6.72 & Stoploss for Adelaide Brighton should be set at $6.64

Long Trend /
Daily trading has maintained an Uptrend long term trend for Adelaide Brighton

[BULLISH]: Adelaide Brighton has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Nov 28 2017.

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