ASG | Australian Securities Exchange

Autosports
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The WMA trend following signal is still current for Autosports  [Bearish]
Weighted Moving Average /
The WMA trend following signal is still current for Autosports [Bearish]

ASG: WMA Recent Trading -> (1) 19 Sep: 1.4670 (2) 18 Sep: 1.4790 (3) 17 Sep: 1.4900

Continued selling pressure has caused Autosports  to remain oversold
Money Flow Index /
Continued selling pressure has caused Autosports to remain oversold

[BEARISH]: Autosports (ASX:ASG) current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 2.04. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 70.35.

Fibonacci Extensions /
Stoploss for Autosports should be set at $9.12

Autosports : The current Fibonacci Extension levels are: (23.61%) $1.47: (38.2%) $1.51: (50%) $1.54: (61.8%) $1.56The current support levels are: (78.6%) $1.61: (100%) $1.66: (138.2%) $1.76: (161.8%) $1.81: (261.8%) $2.06: (423.61%) $2.47

Rate of Change /
Autosports currently has negative rate of change for -11.599

[BEARISH]: Autosports currently has negative rate of change of -11.599%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

Volume Rate of Change /
Volume rate of change continues to build for Autosports signalling a short term downtrend is likely

[BEARISH]: Autosports currently has negative rate of change of -83%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.7%.

Close Tod Vs Range Tod /
The daily battle of control for Autosports was won again by the sellers

[BEARISH]: Autosports sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Autosports adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 5 trading days with the closing price in the lower part of the range giving a confirmation ratio of 1.9%. Over the last month there has been 5 trading days with the closing price in the lower range giving a confirmation ratio of 38.5%. Currently this quarter, closing price has spent 5 days in the lower price range compared to 1 days in the upper range giving a ratio of 5x.

Initiation of an oversold CCI signal for Autosports
Commodity Channel Index /
Initiation of an oversold CCI signal for Autosports

[BULLISH CROSSOVER]: Autosports (ASX:ASG) current price has driven Commodity Channel Index to become oversold signalling the start of bullish trading conditions. Currently, the CCI is -106. During the quarter, the lowest CCI value was -321. The last oversold signal occurred on Aug 28 2018

Donchian Channels /
Donchian Band Oversold signal is still current for Autosports [Bullish]

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

Autosports  is in a short term downtrend with the resistance price @$1.486
Sine Weighted Moving Average /
Autosports is in a short term downtrend with the resistance price @$1.486

ASG: SWMA Current Signal -> (1) 19 Sep: BEARISH (2) 18 Sep: BEARISH (3) 17 Sep: BEARISH

Daily trading has confirmed an ATR downtrend (0.04) for Autosports
Average True Range /
Daily trading has confirmed an ATR downtrend (0.04) for Autosports

[Bearish]: Average True Range has confirmed an downtrend is present. Autosports has a TR of 0.03, and an ATR(14) of 0.04.

Range Tod Vs Range Yest /
Contracting price range for ASG signalling sellers are now less eager

[WEAK BULLISH]: Autosports sellers are becoming less eager. This is the first day sellers have decreased eagerness for ASG reducing strength to a downtrend in the first timeframe. The biggest price range this month has been $0.2400 & the greatest daily price range this year has been $0.8600. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.3x.

Chaikin Money Flow /
Autosports continues negative divergence & potential shift in direction

[BEARISH]: Autosports current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.2. Autosports (ASX:ASG) received a confirmed CMF crossover days on the Jul 4 2018. The bearish signal has been active for 2 days. During the quarter, the lowest CMF value was -0.58 occurring on the Jul 4 2018.

Black Marubozu /
ASG Basic Candle: Black Marubozu

[BEARISH]: Autosports has formed a Black Marubozu candlestick. This means, ASG has received strong selling confidence and downward price movement over the trading day with no upper or lower shadows present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

A short term Pivot Reversal has formed with Autosports
Pivot Reversal /
A short term Pivot Reversal has formed with Autosports

[BEARISH]: A short term Pivot Reversal has formed with Autosports 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%.

Autosports  opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day.
Open Tod Vs Close Tod /
Autosports opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day.

[BEARISH STRONG]: Autosports opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day. Over the last 12 months there has been 5 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 1.9%. Over the last month there has been 5 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 38.5%.

Moving Average Envelope /
Autosports : Closing price $1.41 is below the Lower Envelope Band ($1.4155)

[BEARISH CROSSOVER]: Autosports current price has driven Envelope Bands to become oversold signalling the continuation of short trading conditions. Currently, the Lower Band is 1.4155.

Momentum /
Momentum continues to fall for Autosports signalling an downtrend will persist

[BEARISH]: Autosports currently has negative momentum of -0.185 This means the current price is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -1.7%.The largest downward momentum rally for the last 3 months is 3 days producing a return of -5.7%.

Percentage Volume /
ASG: The return on PVO is -3.3%.

[BULLISH]: Autosports currently has positive PVO 3.37%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is -3.3%.

[Bullish]: Autosports  current trading has maintained the William %R to oversold status
Williams %R /
[Bullish]: Autosports current trading has maintained the William %R to oversold status

ASG: William %R Current Signal -> (1) 19 Sep: BULLISH (2) 18 Sep: BULLISH CROSSOVER (3) 17 Sep: BEARISH CROSSUNDER

Stochastic Overbought signal had been maintained for Autosports
Stochastic Oscillator /
Stochastic Overbought signal had been maintained for Autosports

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

Autosports : Current trading activity OBV signals distribution is present
On Balance Volume /
Autosports : Current trading activity OBV signals distribution is present

[BEARISH]: Autosports current price has highlighted recent distribution. Currently, the OBV is -948199.

Bollinger Bands /
Bollinger Band Overbought signal is still current for Autosports [Bearish]

[BEARISH]: Autosports is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. The current level is 14.99% with a current width of 17.18.

Close Tod Vs Close Yest /
Sellers continue to be keener than buyers for Autosports & are driving the price down.

ASG: Recent Performance ->(1) 19 Sep: -1.7% (2) 18 Sep: -4.0% (3) 17 Sep: 2.4%

Detrended Price Oscillator /
Autosports : Detrended Price Oscillator(20) is -0.091

[BEARISH]: Autosports currently has a confirmed downtrend. Price is currently below the displaced moving average for ASG. Currently, the return on DPO20 is -1.7%.

Simple Moving Average /
The SMA trend following signal is still current for Autosports [Bearish]

[BEARISH]: Autosports 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 -1.7%.

ASG: Volume Moving Average Convergence Divergence [Bullish]
MACD Volume /
ASG: Volume Moving Average Convergence Divergence [Bullish]

[BULLISH]: Autosports currently has positive Volume MACD of 3181. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Autosports : MACD @-0.0074 [Bearish]
MACD /
Autosports : MACD @-0.0074 [Bearish]

[BEARISH]: Autosports currently has negative MACD of -0.0074. This means the signal line is less than the MACD line signalling a bearish movement.

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

[BEARISH]: Autosports currently has a confirmed downtrend. Recent trading has caused the EMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is -1.7%.

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