ASB | Australian Stock Exchange

Austal
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Selling pressure for Austal continues - bearish signal
Chaikin Money Flow /
Selling pressure for Austal continues - bearish signal

[BEARISH]: Austal current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.18. ASB received a confirmed CMF crossover days on the Jul 18 2018. The bearish signal has been active for 8 days. During the quarter, the lowest CMF value was -0.18 occurring on the Jul 18 2018.

ASB Basic Candle: Long Black
Long Black Candle /
ASB Basic Candle: Long Black

[BEARISH]: Austal has formed a Long Black candlestick. This means, ASB has traded with strong selling pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Triangular Moving Average /
Austal is in a short term downtrend with the closing price @$1.71

[BEARISH]: Austal currently has a confirmed downtrend. Recent trading has caused the TMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is -1.2%.

Stochastic Oscillator /
Austal is still oversold with the Stochastic Oscillator @17.9

[BULLISH]: Austal is currently Oversold highlighting the potential for a short term trend reversal in the upward direction.

Momentum /
Momentum continues to reduce for Austal signalling a short term downtrend is likely

[BEARISH]: Austal currently has negative momentum of -0.07 This means the current price is less than the price 5 days ago and therefore losing momentum. Currently, the return on momentum is -1.2%.The largest downward momentum rally for the last 3 months is 8 days producing a return of -5.9%.

Williams %R /
William %R oversold signal continues for Austal indicating upward price movement is likely

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

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MACD /
The MACD continues to fall below the signal line for ASB [Bearish]

[BEARISH]: Austal currently has negative MACD of -0.0161. This means the signal line is less than the MACD line signalling a bearish movement. Currently, the return on MACD is -5.9%.

Daily trading has maintained an Uptrend medium trend for Austal
Medium Trend /
Daily trading has maintained an Uptrend medium trend for Austal

[BULLISH]: Austal is in an uptrend in the medium term timeframe. The current rally number is 9 & the highest rally count for the LTM is 31. The highest rally for the month is 15

Third timeframe trend of Austal remains as an Uptrend
Long Trend /
Third timeframe trend of Austal remains as an Uptrend

[BULLISH]: Austal has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Jun 25 2018.

Woodie Pivot Point /
Stoploss for Austal should be set at $1.614

Austal has broken the first Woodie resistance point ($1.763) [Bullish]. Look for a long limit order entry near this point. Exit price for ASB should be set @$1.824 & Stoploss for Austal should be set at $1.614

Closing Price /
Austal: Daily performance is -1.2 % [Downtrend]

[BEARISH]: Austal current downtrend in the first timeframe. Currently, the Close is $1.71.

Average True Range /
Daily bar has confirmed has confirmed an ATR uptrend is intact for ASB

ASB: Average True Range Recent Trading -> (1) 20 Jul: 0.047 (2) 19 Jul: 0.042 (3) 18 Jul: 0.043

A short term Key Reversal has formed with Austal
Key Reversal /
A short term Key Reversal has formed with Austal

[BEARISH]: A short term Key Reversal has formed with Austal which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 2 occurrences of this bar reversal giving a signal probability of 0.8%.

Negative VROC: Price is lower for Austal than 14 days ago
Volume Rate of Change /
Negative VROC: Price is lower for Austal than 14 days ago

[BEARISH]: Austal currently has negative rate of change of -54%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.2%.

Open Tod Vs Close Tod /
Open/close reversal: Sellers have lost commitment during the trading day for Austal

ASB: Open today versus close yesterday Current Signal ->(1) 20 Jul: BEARISH WEAK (2) 19 Jul: BEARISH (3) 18 Jul: BEARISH WEAK

On Balance Volume /
OBV: Distribution still active for Austal

[BEARISH]: Austal current price has highlighted recent distribution. Currently, the OBV is -2.34829e+006.

Detrended Price Oscillator /
Bearish trading conditions for Austal has been signalled from the DPO (-0.1018)

[BEARISH]: Austal currently has a confirmed downtrend. Price is currently below the displaced moving average for ASB. Currently, the return on DPO20 is -1.2%.

Oversold signal for the Lower Envelope band is still current for Austal
Moving Average Envelope /
Oversold signal for the Lower Envelope band is still current for Austal

[BULLISH]: Austal current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the bullish trading conditions. Currently, the Lower Band is 1.7005.

Austal: Aroon Oscillator (-40)
Aroon Oscillator /
Austal: Aroon Oscillator (-40)

[BEARISH]: Austal has a current ARU(25) of 60 and a current ARD(25) of 100

Austal: Current trading activity signals accumulation is present
Accumulation / Distribution /
Austal: Current trading activity signals accumulation is present

[BULLISH]: Austal current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 243719.

Volume /
Austal: Daily volume performance is 316.9 [Uptrend]

ASB: VOLUME Current Signal -> (1) 20 Jul: BULLISH (2) 19 Jul: BEARISH (3) 18 Jul: BEARISH

Low Price /
Austal: Daily low price is $1.675 [Lower low]

[BULLISH]: Austal current downtrend in the first timeframe. Currently, the Low is $1.675 (-3.2 %).

Sine Weighted Moving Average /
Austal: Sine Weighted Moving Average(5) (1.744)

[BEARISH]: Austal currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -1.2%.

MACD Volume /
Positive momentum on the Volume MACD histogram for ASB has been confirmed & supports a bullish move is likely

ASB: Volume MACD Current Signal -> (1) 20 Jul: BULLISH CROSSOVER (2) 19 Jul: BEARISH (3) 18 Jul: BULLISH CROSSOVER

Traders are currently distributing Austal
Daily Volume Index /
Traders are currently distributing Austal

[BEARISH]: Austal current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -427.

Austal: Daily high performance is 1.1 % [Uptrend]
High Price /
Austal: Daily high performance is 1.1 % [Uptrend]

ASB: HIGH Recent Trading -> (1) 20 Jul: 1.78 (2) 19 Jul: 1.76 (3) 18 Jul: 1.78

Money Flow Index /
MFI Oversold signal is still current for Austal

[BEARISH]: Austal current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 4.53. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 43.45.

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