Boral

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Trading for Boral highlights the commitment of buyers to carry positions overnight.

[BULLISH]: Boral 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 Boral 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 3 days in the lower range giving a ratio of 0.7x.

Buyers are becoming increasingly eager for Boral & the price range is expanding

Buyers are becoming increasingly eager for Boral & the price range is expanding

[BULLISH]: Boral buyers are increasingly eager. There has been 2 consecutive days of range increase for BLD adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.4500 & the greatest daily price range this year has been $0.8900. The price range ratio this week versus the quarterly price range is 0.5x & the price range ratio this month versus the year to date price range is 0.5x.

Boral: 0.618 Fibonacci Retraction (4.89)

Boral: The current Fibonacci Retraction levels are: (23.61%) $4.72: (38.2%) $4.78: (50%) $4.84: (61.8%) $4.89The current support levels are: (78.6%) $4.96: (100%) $5.06: (138.2%) $5.23: (161.8%) $5.34: (261.8%) $5.79: (423.61%) $6.52

Boral: Pivot Point ($4.933)

Boral current pivot point is: 4.933. The current resistance levels are: (R2) $5.143: (R2) $5.143: (R3) $5.276: The current support levels are: (S1) $4.856: (S2) $4.723: (S3) $4.646

Chaikin Oscillator showing selling pressure for BLD.AX

[BEARISH]: Boral current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.07. Boral (ASX:BLD) received a confirmed CMF crossover days on the May 14 2019. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.15 occurring on the May 14 2019.

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