EML | Australian Securities Exchange

Emerchants
+ Share

Traders are currently accumulating EML.AX
Accumulation / Distribution /
Traders are currently accumulating EML.AX

[BULLISH]: Emerchants (ASX:EML) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 3.31302e+006.

Daily trading has maintained an Uptrend medium trend for Emerchants
Medium Trend /
Daily trading has maintained an Uptrend medium trend for Emerchants

[BULLISH]: Emerchants is in an uptrend in the medium term timeframe. The current rally number is 93 & the highest rally count for the LTM is 93. The highest rally for the month is 15

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

[BEARISH]: Emerchants currently has negative PPO -0.839%. This means the current price is losing momentum through a fall on the short term exponential moving average.

On Balance Volume /
OBV: Distribution still active for Emerchants

[BEARISH]: Emerchants current price has highlighted recent distribution. Currently, the OBV is -2.11962e+006.

Short Trend /
Emerchants: Downtrend for the daily trend is continued

EML: Daily Trend Recent Trading -> (1) 21 Sep: Downtrend (2) 20 Sep: Downtrend (3) 19 Sep: Outside Day

Average Directional Movement /
Emerchants: Average Directional Index (27.11) has confirmed a strong trend is present

[Trend]: ADX for EML has confirmed a strong trend is present. Emerchants has an ATR(14) of 0.078, a DX of 43.91 & an ADX(14) of 27.11

Closing price for EML is still above the upper Bollinger Band signalling a bearish movement
Bollinger Bands /
Closing price for EML is still above the upper Bollinger Band signalling a bearish movement

[BEARISH]: Emerchants is currently Overbought highlighting the potential for a short term trend reversal in the downward direction. The current level is 5.27% with a current width of 15.31.

Daily Volume Index /
Emerchants is being actively distributed based on DVI

[BEARISH]: Emerchants (ASX:EML) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -1968.

Emerchants: Average True Range (0.078) has confirmed an downtrend is present
Average True Range /
Emerchants: Average True Range (0.078) has confirmed an downtrend is present

[Bearish]: Average True Range has confirmed an downtrend is present. Emerchants has a TR of 0.065, and an ATR(14) of 0.078.

Recent trading highlights continued selling pressure is present for EML
Elders Force Index /
Recent trading highlights continued selling pressure is present for EML

EML: Elders Force Index Recent Trading -> (1) 21 Sep: -2491 (2) 20 Sep: -19565 (3) 19 Sep: -19603

Fibonacci Fans /
Stoploss for Emerchants should be set at $0.76

Emerchants: The current Fibonacci Fan levels are: (23.61%) $2.95: (38.2%) $3.06: (50%) $3.13: (61.8%) $3.21The current support levels are: (78.6%) $3.32: (100%) $3.46: (138.2%) $3.72: (161.8%) $3.87: (261.8%) $4.53: (423.61%) $5.59

Moving Average Envelope /
Emerchants is now oversold with the Lower Envelope Band @$1.596

[BEARISH CROSSOVER]: Emerchants current price has driven Envelope Bands to become oversold signalling the continuation of short trading conditions. Currently, the Lower Band is 1.596.

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

[BEARISH]: Emerchants 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 -1.6%.

A Piercing Pattern (Bullish) candlestick pattern has been detected for Emerchants (EML).
Piercing /
A Piercing Pattern (Bullish) candlestick pattern has been detected for Emerchants (EML).

[BULLISH]: Emerchants has formed a new Bullish Piercing reversal pattern. This means, EML 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.

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

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

Sine Weighted Moving Average /
Emerchants is in a short term downtrend with the resistance price @$1.68

[BEARISH]: Emerchants 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 -1.6%.

High Wave Line /
Emerchants: High Wave Line

EML: Reversal (Weak) Candlestick Current Signal -> (1) 21 Sep: REVERSAL (2) 20 Sep: NEUTRAL (3) 19 Sep: NEUTRAL

MACD /
Emerchants: MACD oscillator (-0.018)

[BEARISH]: Emerchants currently has negative MACD of -0.018. This means the signal line is less than the MACD line signalling a bearish movement.

Potential continuation of a trend reversal (Bullish) for Emerchants
Commodity Channel Index /
Potential continuation of a trend reversal (Bullish) for Emerchants

[BULLISH]: Emerchants (ASX:EML) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -157. The bullish signal has been active for 3 days. During the quarter, the lowest CCI value was -177.

Emerchants: Volume MACD @-26751 [Bearish]
MACD Volume /
Emerchants: Volume MACD @-26751 [Bearish]

EML: Volume MACD Current Signal -> (1) 21 Sep: BEARISH (2) 20 Sep: BEARISH (3) 19 Sep: BEARISH

Emerchants has broken the first DeMark support point ($1.5875) [Bearish]
Demarks Pivot Points /
Emerchants has broken the first DeMark support point ($1.5875) [Bearish]

Emerchants has broken the first DeMark support point ($1.5875) [Bearish]. Look for a short limit order entry near this point. Exit price for EML should be set @$1.5650 & short position stoploss for Emerchants should be set at $1.63

Triangular Moving Average /
EML: Price continues to move below the TMA(15) @$1.733

[BEARISH]: Emerchants currently has a confirmed downtrend. Recent trading has caused the TMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is -1.6%.

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

[BEARISH]: Emerchants current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.12. Emerchants (ASX:EML) received a confirmed CMF crossover days on the Sep 19 2018. The bearish signal has been active for 0 day. During the quarter, the lowest CMF value was -0.15 occurring on the Sep 19 2018.

Fibonacci Extensions /
The 161.8% Fibonacci extension level for EML has moved to the upper limit. Stoploss should be positioned @$0.28

Emerchants has moved above the 161.8% level ($0.48) [Bearish]. Look for a short limit order entry near this point. Exit price for EML should be set @$0.68 & short position stoploss for Emerchants should be set at $0.28

Emerchants is in a short term downtrend with the closing price @$1.585
Weighted Moving Average /
Emerchants is in a short term downtrend with the closing price @$1.585

[BEARISH]: Emerchants currently has a confirmed downtrend. Recent trading has caused the WMA 15 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA15 is -1.6%.

Negative momentum on volume for EML is maintained & supports a bearish move is likely
Percentage Volume /
Negative momentum on volume for EML is maintained & supports a bearish move is likely

[BEARISH]: Emerchants currently has negative PVO -24.98%. The recent volume is losing momentum through a fall on the short term exponential moving average.

Detrended Price Oscillator /
Bearish trading conditions for Emerchants has been signalled from the DPO (-0.1495)

EML: DPO Current Signal -> (1) 21 Sep: BEARISH (2) 20 Sep: BEARISH (3) 19 Sep: BEARISH

See More   See more results
back to top