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

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

ALU: Recent performance signals ->(1) 11 Jan: BULLISH (2) 11 Jan: NEUTRAL (3) 11 Jan: NEUTRAL

Altium: Range Performance (-10.5)
Range Tod Vs Range Yest /
Altium: Range Performance (-10.5)

ALU: Range today versus range yesterday Current Signal ->(1) 11 Jan: BEARISH (2) 11 Jan: BULLISH (3) 11 Jan: BEARISH

Open Tod Vs Close Tod /
ALU Over the last 12 months there has been 15 trading days with the opening price in the lower shadow & the closing the price in the lower shadow

[BEARISH]: Altium opened in the lower part of daily range at 20.8% & closed in the lower part of the trading range at 26%. This suggests the buyers have lost control. Over the last 12 months there has been 15 trading days with the opening price in the lower shadow & the closing the price in the lower shadow giving a confirmation ratio of 5.7%. 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 lower price range giving a confirmation ratio of 12.5%.

Range Tod Vs Range Yest /
ALU: Price range ratio this month versus the year to date price range is 1x.

[BULLISH]: Altiumbuyers are increasingly eager. This is the first day buyers have increased eagerness for ALU adding strength to an uptrend in the first timeframe. The biggest price range this month has been $1.065. & the greatest daily price range this year has been $1.065. The price range ratio this week versus the quarterly price range is 0.7x & the price range ratio this month versus the year to date price range is 1x.

Open Tod Vs Close Tod /
ALU: Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the middle price range

[BULLISH WEAK]: Altium opened in the lower part of daily range at 7% & closed in the middle part of the trading range at 48.8%. This suggests the buyers have lost commitment. Over the last 12 months there has been 35 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 13.5%. Over the last month there has been 2 trading days with the opening price in the lower price range & the closing the price in the middle price range giving a confirmation ratio of 28.6%.

Close Tod Vs Close Yest /
The biggest upward movement for Altium this month has been 3

[BULLISH]: Altiumbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for ALU adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 3 & the greatest daily positive change this year has been 3. The longest consecutive upswing rally over the last 12 months has been 7 days giving a total rally upward movement of 18.5%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 3.8%. 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 1.4x. Over the last month the average daily upward movement has been 1.9%

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Range Tod Vs Range Yest /
Buyers have continued to increase in eagerness for ALU adding strength to an uptrend in the first timeframe.

[BULLISH]: Altiumbuyers are increasingly eager. There has been 3 consecutive days of range increase for ALU adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.72 & the greatest daily price range this year has been $0.72. The price range ratio this week versus the quarterly price range is 0.6x & the price range ratio this month versus the year to date price range is 1x.

A short term Close Reversal has formed with Altium
Close Reversal /
A short term Close Reversal has formed with Altium

[BULLISH]: A short term Close Reversal has formed with Altium which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 5 occurrences of this bar reversal giving a signal probability of 1.9%.

ALU: Over the last 12 months there has been 36 trading days with the opening price in the lower shadow & the closing the price in the upper shadow
Open Tod Vs Close Tod /
ALU: Over the last 12 months there has been 36 trading days with the opening price in the lower shadow & the closing the price in the upper shadow

ALU: Open today versus close yesterday Current Signal ->(1) 08 Jan: BULLISH STRONG (2) 11 Jan: BULLISH (3) 10 Jan: BEARISH WEAK

Open Tod Vs Close Tod /
Altium opened in the upper part of daily range at 96.3% & closed in the lower part of the trading range at 4.9%. This suggests the sellers were in control all day.

[BEARISH STRONG]: Altium opened in the upper part of daily range at 96.3% & closed in the lower part of the trading range at 4.9%. This suggests the sellers were in control all day. Over the last 12 months there has been 36 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 14%. Over the last month there has been 1 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 25%.

Close Reversal /
A short term Close Reversal has formed with Altium

[BEARISH]: A short term Close Reversal has formed with Altium which confirms the presence of a bearish bar reversal. Over the last 12 months there have been 6 occurrences of this bar reversal giving a signal probability of 2.3%.

Close Tod Vs Close Yest /
Over the last month the average daily loss ratio has been -1.5%

[BEARISH]: Altiumsellers are keener than buyers and are driving the price down. This is the first day of price decline for ALU adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -1.8 & the greatest daily negative change this year has been -1.8. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -11.7%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -1.8%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.3x. Over the last month the average daily downward movement has been -1.5%

Expanding price range of 12.5% on an uptick day for Altium
Range Tod Vs Range Yest /
Expanding price range of 12.5% on an uptick day for Altium

ALU: Range today versus range yesterday Current Signal ->(1) 05 Jan: BULLISH (2) 09 Jan: BEARISH (3) 08 Jan: BEARISH

Daily trading for ALU indicated sellers are now in control
Close Tod Vs Range Tod /
Daily trading for ALU indicated sellers are now in control

[BEARISH]: Altium sellers in control. This is the first day of seller commitment for Altium 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 73 trading days with the closing price in the lower part of the range giving a confirmation ratio of 28.4%. Over the last month there has been 2 trading days with the closing price in the lower range giving a confirmation ratio of 50%. Currently this quarter, closing price has spent 2 days in the lower price range compared to 2 days in the upper range giving a ratio of 1x.

Open Tod Vs Close Tod /
Altium: Buyers were in control all day.

[BULLISH STRONG]: Altium opened in the lower part of daily range at 22.2% & closed in the upper part of the trading range at 100%. This suggests the buyers were in control all day. Over the last 12 months there has been 35 trading days with the opening price in the lower shadow & the closing the price in the upper shadow giving a confirmation ratio of 13.7%. Over the last month there has been 0 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 0%.

Close Tod Vs Range Tod /
Buyer commitment has continued for Altium adding strength to an uptrend in the first timeframe

[BULLISH]: Altium buyers are in control at the market close. There has been 2 consecutive days of prices closing in the upper part of the trading range for Altium 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 84 trading days with the closing price in the upper part of the range giving a confirmation ratio of 32.8%. Over the last month there has been 2 trading days with the closing price in the upper range giving a confirmation ratio of 66.7%. 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.

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

[BULLISH]: Altiumbuyers are keener than sellers and are driving the price up. There has been 2 consecutive days of price rise for ALU adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 3 & the greatest daily positive change this year has been 3. The longest consecutive upswing rally over the last 12 months has been 7 days giving a total rally upward movement of 18.5%. This quarter, the largest upswing rally has been 2 days giving a total rally upward movement of 3.8%. 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 1.4x. Over the last month the average daily upward movement has been 1.9%

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

[BULLISH]: Altiumbuyers are increasingly eager. This is the first day buyers have increased eagerness for ALU adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.585. & the greatest daily price range this year has been $0.585. The price range ratio this week versus the quarterly price range is 1x & the price range ratio this month versus the year to date price range is 1x.

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

[BULLISH]: Altiumbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for ALU adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 0.8 & the greatest daily positive change this year has been 0.8. The longest consecutive upswing rally over the last 12 months has been 7 days giving a total rally upward movement of 18.5%. This quarter, the largest upswing rally has been 1 days giving a total rally upward movement of 0.8%. 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 0.8%

Altium: Buyers have lost commitment.
Open Tod Vs Close Tod /
Altium: Buyers have lost commitment.

[BULLISH WEAK]: Altium opened in the lower part of daily range at 0% & closed in the middle part of the trading range at 66.7%. This suggests the buyers have lost commitment. Over the last 12 months there has been 34 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 13.3%. 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 middle price range giving a confirmation ratio of 50%.

Close Tod Vs Range Tod /
Daily trading for ALU indicated buyers are now in control

[BULLISH]: Altium buyers are in control at the market close. This is the first day of buyer commitment for Altium 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 83 trading days with the closing price in the upper part of the range giving a confirmation ratio of 32.5%. Over the last month there has been 1 trading day with the closing price in the upper range giving a confirmation ratio of 50%. Currently this quarter, closing price has spent 1 day in the upper price range compared to 1 days in the lower range giving a ratio of 1x.

Range Tod Vs Range Yest /
Altium: Buyers continue to be increasingly eager.

[BULLISH]: Altiumbuyers are increasingly eager. There has been 2 consecutive days of range increase for ALU adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.305 & the greatest daily price range this year has been $0.305. The price range ratio this week versus the quarterly price range is 1x & the price range ratio this month versus the year to date price range is 1x.

Open Tod Vs Close Tod /
Altium: Over the last 12 months there has been 21 trading days giving a confirmation ratio of 8.3%.

ALU: Open today versus close yesterday Current Signal ->(1) 02 Jan: BEARISH (2) 05 Jan: BULLISH STRONG (3) 04 Jan: BEARISH

The biggest upward movement for Altium this month has been -1.2
Close Tod Vs Close Yest /
The biggest upward movement for Altium this month has been -1.2

[BEARISH]: Altiumsellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for ALU adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -1.2 & the greatest daily negative change this year has been -1.2. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -11.7%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -1.8%. The loss ratio for price rise in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.3x. Over the last month the average daily downward movement has been -1.2%

The biggest price range this month for ALU has been $1.75
Range Tod Vs Range Yest /
The biggest price range this month for ALU has been $1.75

[BULLISH]: Altiumbuyers are increasingly eager. This is the first day buyers have increased eagerness for ALU adding strength to an uptrend in the first timeframe. The biggest price range this month has been $1.75. & the greatest daily price range this year has been $7.09. 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 0.2x.

Close Tod Vs Close Yest /
Sellers are now keener than buyers for Altium & are driving the price down.

[BEARISH]: Altiumsellers are keener than buyers and are driving the price down. This is the first day of price decline for ALU adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -4.2 & the greatest daily negative change this year has been -5.4. The longest consecutive downswing rally over the last 12 months has been 7 days giving a total rally downward movement of -11.7%. This quarter, the largest downswing rally has been 3 days giving a total rally downward movement of -7%. The loss ratio for price decline in the first timeframe for the last 12 months is 0.4x giving a total win/loss ratio of 1.3x. Over the last month the average daily downward movement has been -1.7%

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