Commonwealth Bank
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Long White Candle /
CBA Basic Candle: Long White
[BULLISH]: Commonwealth Bank has formed a Long White candlestick. This means, CBA has traded with strong buying pressure throughout the day adding strength to previous short term trends. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.
See Signal Activity
Three White Soldiers /
Commonwealth Bank: Three White Soldiers
[BULLISH]: Commonwealth Bank has formed a new Three White Soldiers pattern.
Weighted Moving Average /
Commonwealth Bank is in a short term uptrend with the closing price @$67.92
[BULLISH]: Commonwealth Bank 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 1.0%.
Fibonacci Retracements /
Commonwealth Bank: 0.618 Fibonacci Retraction (69.71)
Commonwealth Bank: The current Fibonacci Retraction levels are: (23.61%) $66.94: (38.2%) $68: (50%) $68.86: (61.8%) $69.71The current support levels are: (78.6%) $70.93: (100%) $72.48: (138.2%) $75.25: (161.8%) $76.96: (261.8%) $84.21: (423.61%) $95.94
Exponential Moving Average /
Commonwealth Bank is in a short term downtrend with the closing price @$67.92
[BEARISH]: Commonwealth Bank 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 1.0%.
Daily Volume Index /
Commonwealth Bank: DVI(-2725)
[BEARISH]: Commonwealth Bank (ASX:CBA) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -2725.
Ulcer Index /
Drawdown for Commonwealth Bank is currently high signalling high stress
[BULLISH]: Commonwealth Bank UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.129.
MACD Volume /
Volume MACD for Commonwealth Bank is now losing momentum @-4740
[BEARISH CROSSOVER]: Commonwealth Bank currently has negative Volume MACD of -4740. This means the signal line is less than the Volume MACD line signalling a bearish movement.
Accumulation / Distribution /
Market conditions are indicating distribution is current for CBA
[BEARISH]: Commonwealth Bank (ASX:CBA) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -200776.
Key Reversal /
A short term Key Reversal has formed with Commonwealth Bank
CBA: Bar Reversal Recent Trading -> (1) 19 Oct: Key Reversal (2) 18 Oct: No bar reversal is present (3) 17 Oct: Gap Up
Medium Trend /
CBA: Medium term trend is still an Downtrend
CBA: Medium Term Current Signal -> (1) 19 Oct: BEARISH (2) 18 Oct: BEARISH (3) 17 Oct: BEARISH
Aroon Oscillator /
CBA: Aroon oscillator has confirmed a strong downtrend @-64
[BEARISH]: Commonwealth Bank has a current ARO(25) of -64. This has change 0 points from yesterday.
Elders Force Index /
Elders Force Index (-540280) has signalled bearish conditions in recent trading for CBA
[BEARISH]: Commonwealth Bank current price has highlighted recent selling pressure. Currently, the Elders Force Index is -540280.
Close Tod Vs Close Yest /
Daily trading performance for CBA has continued a short term uptrend
[BULLISH]: Commonwealth Bankbuyers are keener than sellers and are driving the price up. There has been 4 consecutive days of price rise for CBA adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 1.7 & the greatest daily positive change this year has been 7092.9. The longest consecutive upswing rally over the last 12 months has been 6 days giving a total rally upward movement of 7092.9%. This quarter, the largest upswing rally has been 4 days giving a total rally upward movement of 3.4%. The win ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 4x. Over the last month the average daily upward movement has been 0.900000%
On Balance Volume /
CBA.AX: Current trading activity signals OBV accumulation is active
[BULLISH]: Commonwealth Bank current price has highlighted recent accumulation. Currently, the OBV is 624205.
Percentage Price /
The current price is still losing momentum through a fall for CBA on the short term EMA.
[BEARISH]: Commonwealth Bank currently has negative PPO -1.76%. This means the current price is losing momentum through a fall on the short term exponential moving average.
Detrended Price Oscillator /
Commonwealth Bank: Detrended Price Oscillator(20) is -3.124
[BEARISH]: Commonwealth Bank currently has a confirmed downtrend. Price is currently below the displaced moving average for CBA. Currently, the return on DPO20 is 1.0%.
Demarks Pivot Points /
Commonwealth Bank: DeMark Pivot ($67.58)
Commonwealth Bank current pivot point (DeMark) is: (R1) $68.64. The current pivot point (DeMark) is: (S1) $67.22.
Long Trend /
Third timeframe trend of Commonwealth Bank remains as an Uptrend
[BULLISH]: Commonwealth Bank is in an uptrend in the medium term timeframe. The current rally number is 6 & the highest rally count for the LTM is 257. The highest rally for the month is 15
Average True Range /
Daily trading has confirmed an ATR downtrend (1.109) for Commonwealth Bank
[Bearish]: Average True Range has confirmed an downtrend is present. Commonwealth Bank has a TR of 1.42, and an ATR(14) of 1.109.
Rate of Change /
Commonwealth Bank currently has negative rate of change for -3.55
[BEARISH]: Commonwealth Bank currently has negative rate of change of -3.55%. 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
Pivot Points /
Commonwealth Bank: Pivot Point ($67.46)
Commonwealth Bank current pivot point is: 67.46. The current resistance levels are: (R2) $68.88: (R2) $68.88: (R3) $69.82: The current support levels are: (S1) $66.98: (S2) $66.04: (S3) $65.56
Sine Weighted Moving Average /
Sine Weighted Moving Average(15) signal continues for Commonwealth Bank indicating downward price movement is likely
[BEARISH]: Commonwealth Bank 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 1.0%.
Open Tod Vs Close Tod /
Open/close reversal: Buyers were in control of trading all day for Commonwealth Bank
CBA: Open today versus close yesterday Current Signal ->(1) 19 Oct: BULLISH STRONG (2) 18 Oct: BULLISH (3) 17 Oct: BULLISH WEAK
Woodie Pivot Point /
Commonwealth Bank: Woodie Pivot ($67.575)
Commonwealth Bank current pivot point (Woodie) is: $67.575. The current resistance levels are: (R1) $68.63: (R2) $68.995The current support levels are: (S1) $67.21: (S2) $66.155
Volume Rate of Change /
Positive VROC: Volume is now higher for Commonwealth Bank than 14 days ago
[BULLISH CROSSOVER]: Commonwealth Bank currently has positive volume of change of 32%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 1%.
Donchian Channels /
Upper Donchian Band Overbought signal had been maintained for Commonwealth Bank
[BEARISH]: Commonwealth Bank is currently bearish highlighting the potential for a short term trend continuation in the downward direction.
Fibonacci Extensions /
Commonwealth Bank: 1.618 Fibonacci Extension ($76.96)
Commonwealth Bank: The current Fibonacci Extension levels are: (23.61%) $66.94: (38.2%) $68: (50%) $68.86: (61.8%) $69.71The current support levels are: (78.6%) $70.93: (100%) $72.48: (138.2%) $75.25: (161.8%) $76.96: (261.8%) $84.21: (423.61%) $95.94
