DNK | Australian Stock Exchange

Danakali
+ Share

The 161.8% Fibonacci extension level for DNK has moved to the lower limit. Stoploss should be positioned @$2.39
Fibonacci Extensions /
The 161.8% Fibonacci extension level for DNK has moved to the lower limit. Stoploss should be positioned @$2.39

Danakali has moved below the 161.8% level ($2.66) [Bullish]. Look for a long limit order entry near this point. Exit price for DNK should be set @$2.93 & Stoploss for Danakali should be set at $2.39

Danakali is no longer overbought and normal trading conditions are resumed [NEUTRAL]
Relative Strength Index /
Danakali is no longer overbought and normal trading conditions are resumed [NEUTRAL]

DNK: RSI Current Signal -> (1) 20 Jul: BEARISH CROSSUNDER (2) 19 Jul: BEARISH (3) 18 Jul: BULLISH CROSSOVER

Chaikin Money Flow /
Danakali: CMF Crossover confirmed signalling major shift in price direction

DNK: Chaikin Oscillator Current Signal -> (1) 20 Jul: BEARISH CROSSOVER (2) 19 Jul: NEUTRAL (3) 18 Jul: BULLISH

Williams %R /
William %R overbought signal had been cancelled for Danakali

DNK: William %R Current Signal -> (1) 20 Jul: BULLISH CROSSUNDER (2) 19 Jul: BEARISH (3) 18 Jul: BEARISH

Close Tod Vs Range Tod /
Sellers of Danakali were in control at the market close.

DNK: Close versus price range Current Signal ->(1) 20 Jul: BEARISH (2) 19 Jul: BEARISH (3) 18 Jul: BULLISH

Woodie Pivot Point /
Danakali has broken the first Woodie resistance point ($0.83) [Bullish]

Danakali has broken the first Woodie support point ($0.75) [Bearish]. Look for a short limit order entry near this point. Exit price for DNK should be set @$0.73 & short position stoploss for Danakali should be set at $0.89

Top companies for
Australian Stock Exchange
Sine Weighted Moving Average /
[Bearish]: Trend following indicator for DNK highlights downward price direction is likely

[BEARISH]: Danakali currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -4.8%.

Danakali: Sellers were in control all day.
Open Tod Vs Close Tod /
Danakali: Sellers were in control all day.

[BEARISH STRONG]: Danakali opened in the upper part of daily range at 75% & 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 60 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 22.8%. 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 26.7%.

Confirmation of Danakali is currently being accumulated via OBV
On Balance Volume /
Confirmation of Danakali is currently being accumulated via OBV

[BULLISH]: Danakali current price has highlighted recent accumulation. Currently, the OBV is 588202.

Opening Price /
Strong opening from DNK has seen an increase of 0.6 % [Uptrend]

[BULLISH]: Danakali opening price has gapped up. Currently, the OPEN is $0.85 (0.6 %).

Medium Trend /
Danakali: 2nd timeframe trend Uptrend remains intact

[BULLISH]: Danakali is in an uptrend in the medium term timeframe. The current rally number is 9 & the highest rally count for the LTM is 52. The highest rally for the month is 15

Detrended Price Oscillator /
[Uptrend]: Price for Danakali is currently above the displaced moving average

[BULLISH]: Danakali currently has a confirmed uptrend. Price is currently above the displaced moving average for DNK. Currently, the return on DPO20 is -4.8%.

The MACD continues to rise above the signal line for DNK [Bullish]
MACD /
The MACD continues to rise above the signal line for DNK [Bullish]

[BULLISH]: Danakali currently has positive MACD of 0.0172. This means the signal line is greater than the MACD line signalling a bullish movement. Currently, the return on MACD is 8.5%.

Volume for Danakali continues to gain momentum @26.69)
Percentage Volume /
Volume for Danakali continues to gain momentum @26.69)

[BULLISH]: Danakali currently has positive PVO 26.69%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 6.3%.

Stochastic Oscillator /
Danakali is no longer overbought [Neutral]

DNK: Stochastic Oscillator Signal -> (1) 20 Jul: BEARISH CROSSUNDER (2) 19 Jul: BEARISH (3) 18 Jul: BEARISH

Rate of Change /
Danakali currently has positive rate of change for 17.91

DNK: ROC Current Signal -> (1) 20 Jul: BULLISH (2) 19 Jul: BULLISH (3) 18 Jul: BULLISH

Weighted Moving Average /
[Downtrend]: Recent trading for DNK confirms bearish WMA(5) signal

[BEARISH]: Danakali currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -4.8%.

DNK Basic Candle: Long Black
Long Black Candle /
DNK Basic Candle: Long Black

[BEARISH]: Danakali has formed a Long Black candlestick. This means, DNK has traded with strong selling 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.

The SMA trend following signal is now active for Danakali [Bearish]
Simple Moving Average /
The SMA trend following signal is now active for Danakali [Bearish]

DNK: SMA(5) Current Signal -> (1) 20 Jul: BEARISH CROSSOVER (2) 19 Jul: BULLISH (3) 18 Jul: BULLISH

Continuation of the overbought CCI signal for Danakali
Commodity Channel Index /
Continuation of the overbought CCI signal for Danakali

DNK: CCI Recent Trading -> (1) 20 Jul: 132 (2) 19 Jul: 186 (3) 18 Jul: 239

High Price /
Strong price performance from DNK has seen a higher high of 2.4 % [Uptrend]

[BULLISH]: Danakali current uptrend in the first timeframe. Currently, the HIGH is 2.4 %.

Accumulation / Distribution /
Traders are currently Distributing Danakali

DNK: ADLINE Current Signal -> (1) 20 Jul: BEARISH (2) 19 Jul: BEARISH (3) 18 Jul: BEARISH CROSSOVER

Pivot Points /
Limit order for a long position has been identified for Danakali [Bullish]

Danakali has broken the first resistance point ($0.844) [Bullish]. Look for a long limit order entry near this point. Exit price for DNK should be set @$0.897 & Stoploss for Danakali should be set between $0.737 & $0.684

Momentum /
The largest upward momentum rally for DNK in the last 3 months is 8

[BULLISH]: Danakali currently has positive momentum of 0.045. This means the current price is greater than the price 5 days ago and therefore gaining momentum. Currently, the return on momentum is -4.8%. The largest upward momentum rally for the last 3 months is 8 days producing a return of 23.1%.

Overbought signal for the Upper Envelope band is still current for Danakali
Moving Average Envelope /
Overbought signal for the Upper Envelope band is still current for Danakali

[BEARISH]: Danakali current trading has maintained the Envelope Bands to overbought status and signalled the continuation of the bearish trading conditions. Currently, the Upper Band is 0.756.

DNK: Average True Range has confirmed an uptrend @0.033
Average True Range /
DNK: Average True Range has confirmed an uptrend @0.033

[Bullish]: Average True Range has confirmed an uptrend is present. Danakali has a TR of 0.08, and an ATR(14) of 0.033.

Closing Price /
Close for DNK has not surpassed the close of the previous trading session

[BEARISH]: Danakali current downtrend in the first timeframe. Currently, the Close is $0.79.

See More   See more results
back to top