BSL | Australian Securities Exchange

Bluescope Steel
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Bluescope Steel: Downtrend for the medium term trend is continued
Medium Trend /
Bluescope Steel: Downtrend for the medium term trend is continued

BSL: Medium Term Current Signal -> (1) 19 Sep: BEARISH (2) 18 Sep: BEARISH (3) 17 Sep: BEARISH

Daily trading has confirmed an Aroon strong downtrend (-52) for Bluescope Steel
Aroon Oscillator /
Daily trading has confirmed an Aroon strong downtrend (-52) for Bluescope Steel

BSL: Aroon Oscillator Current Signal -> (1) 19 Sep: BEARISH STRONG (2) 18 Sep: BEARISH STRONG (3) 17 Sep: BEARISH STRONG

Sine Weighted Moving Average /
The SWMA trend following signal is still current for Bluescope Steel [Bearish]

[BEARISH]: Bluescope Steel currently has a confirmed downtrend. Recent trading has caused the SWMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 3.4%.

MACD Volume /
[Bullish Crossover]: Bluescope Steel currently has positive Volume MACD histogram 16948

BSL: Volume MACD Recent Trading -> (1) 19 Sep: 16948 (2) 18 Sep: -42745 (3) 17 Sep: 7173

Momentum /
Negative momentum: Price is trading lower for Bluescope Steel than 14 days ago

BSL: MOM Current Signal -> (1) 19 Sep: BEARISH (2) 18 Sep: BEARISH (3) 17 Sep: BEARISH

Close Tod Vs Close Yest /
The longest consecutive upswing rally over the last 12 months has been 6 days giving a total rally upward movement of 7502.6%

[BULLISH]: Bluescope Steelbuyers are currently keener than sellers and are driving the price up. This is the first day of price rise for BSL adding strength to an uptrend change in the first timeframe. The biggest upward movement this month has been 3.4 & the greatest daily positive change this year has been 7500.0. The longest consecutive upswing rally over the last 12 months has been 6 days giving a total rally upward movement of 7502.6%. This quarter, the largest upswing rally has been 5 days giving a total rally upward movement of 7502.6%. The win ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 0.8x. Over the last month the average daily upward movement has been 1.500000%

Traders are currently distributing Bluescope Steel
Daily Volume Index /
Traders are currently distributing Bluescope Steel

[BEARISH]: Bluescope Steel (ASX:BSL) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -6104.

Demarks Pivot Points /
Bluescope Steel has broken the first DeMark resistance point ($16.84) [Bullish]

Bluescope Steel current pivot point (DeMark) is: (R1) $17.2. The current pivot point (DeMark) is: (S1) $16.64.

BSL.AX: CMF has negative divergence between price and volume
Chaikin Money Flow /
BSL.AX: CMF has negative divergence between price and volume

[BEARISH]: Bluescope Steel current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.05. Bluescope Steel (ASX:BSL) received a confirmed CMF crossover days on the Aug 30 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.41 occurring on the Aug 30 2018.

BSL: Price range ratio this month versus the year to date price range is 0.3000000000000000000x.
Range Tod Vs Range Yest /
BSL: Price range ratio this month versus the year to date price range is 0.3000000000000000000x.

[BULLISH]: Bluescope Steel buyers are increasingly eager. This is the first day buyers have increased eagerness for BSL adding strength to an uptrend in the first timeframe. The biggest price range this month has been $1.4300. & the greatest daily price range this year has been $5.5000. 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 0.3x.

Open Window /
Bluescope Steel: Open Window

[BULLISH]: Bluescope Steel has Gapped Up on previous bar.

Rate of Change /
Rate of change continues to build for Bluescope Steel signalling a short term downtrend is likely

[BEARISH]: Bluescope Steel currently has negative rate of change of -5.192%. 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

White Candle /
BSL Basic Candle: White

[BULLISH]: Bluescope Steel has formed a White candlestick. Normal buying pressure highlighting buyers were in control.

Volume rate of change continues to build for Bluescope Steel signalling a short term uptrend is likely
Volume Rate of Change /
Volume rate of change continues to build for Bluescope Steel signalling a short term uptrend is likely

[BULLISH]: Bluescope Steel currently has positive volume of change of 22%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 3.4%.

William %R (-57.1) for BSL is now above the oversold limit
Williams %R /
William %R (-57.1) for BSL is now above the oversold limit

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

Long Trend /
Bluescope Steel: 3rd timeframe trend Uptrend remains intact

[BULLISH]: Bluescope Steel is in an uptrend in the medium term timeframe.. The highest rally for the month is 13

Simple Moving Average /
Simple Moving Average(15) signal continues for Bluescope Steel indicating downward price movement is likely

BSL: SMA(15) Current Signal -> (1) 19 Sep: BEARISH (2) 18 Sep: BEARISH (3) 17 Sep: BEARISH

Percentage Price /
The current price is still losing momentum through a fall for BSL on the short term EMA.

[BEARISH]: Bluescope Steel currently has negative PPO -1.98%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Donchian Overbought signal continues for Bluescope Steel indicating downward price movement is likely
Donchian Channels /
Donchian Overbought signal continues for Bluescope Steel indicating downward price movement is likely

[BEARISH]: Bluescope Steel is currently bearish highlighting the potential for a short term trend continuation in the downward direction.

Bluescope Steel: Price level has retraced to average & is no longer oversold
Commodity Channel Index /
Bluescope Steel: Price level has retraced to average & is no longer oversold

[NEUTRAL]: Bluescope Steel (ASX:BSL) current trading has closed out Commodity Channel Index to oversold status and signalled the initiation of normal trading conditions. Currently, the CCI is -60. The previous bullish signal was active for 0 day. During the quarter, the lowest CCI value was -202.

[Bullish]: Trend following indicator for BSL highlights upward price direction is likely
Weighted Moving Average /
[Bullish]: Trend following indicator for BSL highlights upward price direction is likely

[BULLISH]: Bluescope Steel currently has a confirmed uptrend. Recent trading has caused the WMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is 3.4%.

Stochastic Oscillator /
Stochastic overbought signal had been cancelled for Bluescope Steel

BSL: Stochastic Oscillator Signal -> (1) 19 Sep: BEARISH CROSSUNDER (2) 18 Sep: BEARISH (3) 17 Sep: BEARISH

Gap Up /
A short term Gap Up has formed with Bluescope Steel

BSL: Bar Reversal Current Signal -> (1) 19 Sep: BEARISH (2) 18 Sep: NEUTRAL (3) 17 Sep: NEUTRAL

Percentage Volume /
Percentage volume oscillator remains positive for BSL

[BULLISH]: Bluescope Steel currently has positive PVO 6.64%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 1.4%.

Average True Range /
Bluescope Steel: ATR (0.498)

[Bullish]: Average True Range has confirmed an uptrend is present. Bluescope Steel has a TR of 0.79, and an ATR(14) of 0.498.

BSL: Over the last 12 months there has been 2 trading days with the opening price in the lower shadow & the closing the price in the middle shadow
Open Tod Vs Close Tod /
BSL: Over the last 12 months there has been 2 trading days with the opening price in the lower shadow & the closing the price in the middle shadow

[BULLISH WEAK]: Bluescope Steel opened in the lower part of daily range at 7.1% & closed in the middle part of the trading range at 57.1%. This suggests the buyers have lost commitment. Over the last 12 months there has been 2 trading days with the opening price in the lower shadow & the closing the price in the middle shadow giving a confirmation ratio of 0.8%. 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 15.4%.

Bluescope Steel: Accumulation Distribution Line (-2.48955e+007)
Accumulation / Distribution /
Bluescope Steel: Accumulation Distribution Line (-2.48955e+007)

BSL: ADLINE Current Signal -> (1) 19 Sep: BEARISH (2) 18 Sep: BEARISH (3) 17 Sep: BEARISH

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