Greenland Minerals

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This is the first day of seller commitment for Greenland Minerals adding strength to an downtrend in the first timeframe

[BEARISH]: Greenland Minerals sellers in control. This is the first day of seller commitment for Greenland Minerals adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 1 trading day with the closing price in the lower part of the range giving a confirmation ratio of 0.4%. Over the last month there has been 1 trading day with the closing price in the lower range giving a confirmation ratio of 11.1%. Currently this quarter, closing price has spent 1 day in the lower price range compared to 2 days in the upper range giving a ratio of 0.5x.

Greenland Minerals: Range Performance (33.3)

[BEARISH]: Greenland Minerals sellers are increasingly eager. There has been 3 consecutive days of range increase for GGG adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.0380 & the greatest daily price range this year has been $0.1010. The price range ratio this week versus the quarterly price range is 0.8x & the price range ratio this month versus the year to date price range is 0.4x.

Closing price for Greenland Minerals has seen sellers win the daily battle for performance @ -13.3%

Closing price for Greenland Minerals has seen sellers win the daily battle for performance @ -13.3%

[BEARISH]: Greenland Mineralssellers are keener than buyers and are driving the price down. This is the first day of price decline for GGG adding strength to a downtrend change in the first timeframe. The biggest downward movement this month has been -13.3 & the greatest daily negative change this year has been -97.6. The longest consecutive downswing rally over the last 12 months has been 2 days giving a total rally downward movement of -101.7%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -101.7%. The loss ratio for price decline in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 1.5x. Over the last month the average daily downward movement has been -8.600000%

Greenland Minerals continues negative divergence & potential shift in direction

[BEARISH]: Greenland Minerals current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.1. Greenland Minerals (ASX:GGG) received a confirmed CMF crossover days on the May 30 2019. The bearish signal has been active for 1 day. During the quarter, the lowest CMF value was -0.64 occurring on the May 30 2019.

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