Commonwealth Bank
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Bollinger Bands /
Upper Bollinger Band Overbought signal had been maintained for Commonwealth Bank
[BEARISH]: Commonwealth Bank is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. The current level is 27.2% with a current width of 7.93.
See Signal Activity
Tricklar Trend /
Daily trading has maintained an Uptrend medium trend for Commonwealth Bank
[BULLISH]: Commonwealth Bank has a Tricklar uptrend confirmation. This was confirmed through a price breakout on the Feb 1 2019.
Percentage Price /
Commonwealth Bank currently has positive PPO 0.102
[BULLISH]: Commonwealth Bank currently has positive PPO 0.102%. This means the current price is gaining momentum through a rise on the short term exponential moving average.
Ease of Movement /
Price moved on low volume to close lower for the day for CBA [Easily Moved]
[BEARISH]: Commonwealth Bank current price have moved downwards on low volume. Currently, the Ease of Movement is -9.379
Close Reversal /
A short term Close Reversal has formed with Commonwealth Bank
CBA: Bar Reversal Current Signal -> (1) 15 Feb: BULLISH (2) 14 Feb: NEUTRAL (3) 13 Feb: BULLISH
Piercing /
A Piercing Pattern (Bullish) candlestick pattern has been detected for Commonwealth Bank (CBA).
[BULLISH]: Commonwealth Bank has formed a new Bullish Piercing reversal pattern. This means, CBA has been in a short term downtrend with a black candle which is followed by a strong gap down on open but closes in the upper half of the previous candle. This indicates after a very weak open the bulls have taken control on the close and highlights a potential trend change in the upward direction.
Woodie Pivot Point /
Limit order for a long position has been identified for Commonwealth Bank [Bullish]
Commonwealth Bank has broken the first Woodie resistance point ($71.511) [Bullish]. Look for a long limit order entry near this point. Exit price for CBA should be set @$71.511 & Stoploss for Commonwealth Bank should be set at $69.941
![[Bearish]: Trend following indicator for CBA highlights downward price direction is likely](http://tricklar.com/ArticleImages/ASX/CBA/CBA_41.png
)
Triangular Moving Average /
[Bearish]: Trend following indicator for CBA highlights downward price direction is likely
CBA: TMA Recent Trading -> (1) 15 Feb: 72.1530 (2) 14 Feb: 72.1850 (3) 13 Feb: 72.2060
MACD Volume /
Volume MACD oscillator remains negative for CBA
[BEARISH]: Commonwealth Bank currently has negative Volume MACD of -224450. This means the signal line is less than the Volume MACD line signalling a bearish movement.
Exponential Moving Average /
The EMA trend following signal is still current for Commonwealth Bank [Bearish]
CBA: EMA(15) Current Signal -> (1) 15 Feb: BEARISH (2) 14 Feb: BEARISH (3) 13 Feb: BEARISH CROSSOVER
White Candle /
CBA Basic Candle: White
CBA: Basic Candlestick Recent Trading -> (1) 15 Feb: White Candle (2) 14 Feb: Black Candle (3) 13 Feb: Black Candle
Elders Force Index /
Recent trading highlights continued buying pressure is present for CBA
[BULLISH]: Commonwealth Bank current price has highlighted recent buying pressure. Currently, the Elders Force Index is 441543.
Ulcer Index /
Drawdown for Commonwealth Bank is currently low signalling low stress
[BEARISH]: Commonwealth Bank UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 3.393.
Rate of Change /
14-day rate of change is decreasing for Commonwealth Bank
CBA: ROC Current Signal -> (1) 15 Feb: BEARISH (2) 14 Feb: BEARISH CROSSOVER (3) 13 Feb: BEARISH CROSSOVER
Donchian Channels /
Donchian Overbought signal continues for Commonwealth Bank indicating downward price movement is likely
[BEARISH]: Commonwealth Bank is currently bearish highlighting the potential for a short term trend continuation in the downward direction.
Aroon Oscillator /
CBA: Aroon oscillator has confirmed an uptrend @20
[BULLISH]: Commonwealth Bank has a current ARU(25) of 80 and a current ARD(25) of 60
Daily Volume Index /
Traders are currently distributing Commonwealth Bank
[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 -825.
Demarks Pivot Points /
Commonwealth Bank: DeMark Pivot ($70.7825)
Commonwealth Bank has broken the first DeMark resistance point ($70.7825) [Bullish]. Look for a long limit order entry near this point. Exit price for CBA should be set @$71.315 & Stoploss for Commonwealth Bank should be set at $70.53
Percentage Volume /
Volume for Commonwealth Bank continues to gain momentum @5.82)
[BULLISH]: Commonwealth Bank currently has positive PVO 5.82%. The recent volume is gaining momentum through a rise on the short term exponential moving average.
On Balance Volume /
Traders are currently accumulating Commonwealth Bank
[BULLISH]: Commonwealth Bank current price has highlighted recent accumulation. Currently, the OBV is 172949.
Simple Moving Average /
Commonwealth Bank: Simple Moving Average(15) (71.9913)
[BEARISH]: Commonwealth Bank currently has a confirmed downtrend. Recent trading has caused the SMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is 0.3%.
Camarilla Pivot Points /
Commonwealth Bank has broken the first Camarilla resistance point ($82.593) [Bullish]
Commonwealth Bank has broken the first Camarilla resistance point ($82.593) [Bullish]. Look for a long limit order entry near this point. Exit price for CBA should be set @$82.593 & Stoploss for Commonwealth Bank should be set between $59.027 & $53.136
Supertrend /
Supertrend for Commonwealth Bank has signalled an uptrend is active
[BULLISH]: Commonwealth Bank has a current Supertrend of 70.2825. This has change 0 points from yesterday.
![Commonwealth Bank: Bill Williams Profanity [Fake Day]](http://tricklar.com/ArticleImages/ASX/CBA/CBA_63.png
)
Bill Williams Market Facilitation /
Commonwealth Bank: Bill Williams Profanity [Fake Day]
Commonwealth Bank Currently is a confirmed Fake Day. MFI indicator is up, volume is down for CBA. Trend continuation possible for CBA from reduced trading activity.
Weighted Moving Average /
CBA: Price continues to move below the WMA(15) @$72.145
CBA: WMA Current Signal -> (1) 15 Feb: BEARISH (2) 14 Feb: BEARISH (3) 13 Feb: BEARISH CROSSOVER
Momentum /
Negative momentum for Commonwealth Bank is a leading indicator for continued price falls
[BEARISH]: Commonwealth Bank currently has negative momentum of -1.73 This means the current price is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 0.3%.The largest downward momentum rally for the last 3 months is 3 days producing a return of -0.9%.
