Beach Petroleum

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The win ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 2x

[BULLISH]: Beach Petroleumbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for BPT adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 4.8 & the greatest daily positive change this year has been 6.3. The longest consecutive upswing rally over the last 12 months has been 14 days giving a total rally upward movement of 24.5%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 8%. The win ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 2x. Over the last month the average daily upward movement has been 1.100000%

BPT: Over the last 12 months there has been 4 trading days with the closing price in the lower part of the range giving a confirmation ratio of 1.5%.

[BEARISH]: Beach Petroleum sellers in control. There has been 4 consecutive days of prices closing in the lower part of the trading range for Beach Petroleum 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 4 trading days with the closing price in the lower part of the range giving a confirmation ratio of 1.5%. Over the last month there has been 4 trading days with the closing price in the lower range giving a confirmation ratio of 36.4%. Currently this quarter, closing price has spent 4 days in the lower price range compared to 1 days in the upper range giving a ratio of 4x.

Chaikin Oscillator showing selling pressure for BPT.AX

Chaikin Oscillator showing selling pressure for BPT.AX

[BEARISH]: Beach Petroleum current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.38. Beach Petroleum (ASX:BPT) received a confirmed CMF crossover days on the Jun 5 2019. The bearish signal has been active for 5 days. During the quarter, the lowest CMF value was -0.38 occurring on the Jun 5 2019.

Open/close reversal: Sellers were in control for all the trading day for BPT

[BEARISH STRONG]: Beach Petroleum opened in the upper part of daily range at 77.8% & 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 4 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 1.5%. Over the last month there has been 4 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 36.4%.

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