GTN | Australian Securities Exchange

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

[BEARISH]: GTN Resources current price has highlighted recent selling pressure. Currently, the Elders Force Index is -456.

GTN Resources: 1.618 Fibonacci Extension ($1.16)
Fibonacci Extensions /
GTN Resources: 1.618 Fibonacci Extension ($1.16)

GTN Resources: The current Fibonacci Extension levels are: (23.61%) $1.32: (38.2%) $1.3: (50%) $1.29: (61.8%) $1.28The current support levels are: (78.6%) $1.26: (100%) $1.23: (138.2%) $1.18: (161.8%) $1.16: (261.8%) $1.04: (423.61%) $0.84

Exponential Moving Average /
[Downtrend]: Recent trading for GTN confirms bearish EMA(15) signal

[BEARISH]: GTN Resources 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 -0.8%.

Aroon Oscillator /
Daily trading has confirmed an Aroon downtrend (-12) for GTN Resources

[BEARISH]: GTN Resources has a current ARO(25) of -12. This has change 0 points from yesterday.

Volume Rate of Change /
Positive VROC for GTN is a leading indicator for continued price rise

[BULLISH]: GTN Resources currently has positive volume of change of 3632%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.8%.

Black Candle /
GTN Basic Candle: Black

[BEARISH]: GTN Resources has formed a Black candlestick. Normal selling pressure highlighting sellers were in control.

GTN: Medium term Tricklar trend is still an Uptrend
Tricklar Trend /
GTN: Medium term Tricklar trend is still an Uptrend

[BULLISH]: GTN Resources is in an uptrend based on the Tricklar trend. The current rally number is 39 & the highest rally count for the LTM is 39. The highest rally for the month is 14

Triangular Moving Average /
GTN Resources is in a short term downtrend with the closing price @$1.305

[BEARISH]: GTN Resources 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 -0.8%.

GTN.AX: Commodity Channel Index has continued confirmed overbought trading conditions
Commodity Channel Index /
GTN.AX: Commodity Channel Index has continued confirmed overbought trading conditions

[BEARISH]: GTN Resources (ASX:GTN) current trading has maintained the Commodity Channel Index to overbought status and signalled the continuation of the bearish trading conditions. Currently, the CCI is 111. The bearish signal has been active for 0 day. During the quarter, the highest CCI value was 111.

GTN Resources: Elder Ray Index is 0.018 [Bullish]
Elder Ray Index /
GTN Resources: Elder Ray Index is 0.018 [Bullish]

[BULLISH]: GTN Resources Elder Ray Index is signalling a Bullish movementERI is 0.018 indicating bull power. Prices are being driven above the consensus of value for GTN during the last trading session [Buying Pressure]

MACD Volume /
The Volume MACD for GTN is gaining momentum through a rise on the short term EMA

[BULLISH]: GTN Resources currently has positive Volume MACD of 53964. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Fibonacci Retracements /
GTN Resources: 0.618 Fibonacci Retraction (1.16)

GTN Resources: The current Fibonacci Retraction levels are: (23.61%) $1.32: (38.2%) $1.18: (50%) $1.17: (61.8%) $1.16The current support levels are: (78.6%) $1.14: (100%) $1.11: (138.2%) $1.06: (161.8%) $1.04: (261.8%) $0.92: (423.61%) $0.72

Weighted Moving Average /
GTN Resources: Weighted Moving Average(15) (1.305)

[BULLISH]: GTN Resources 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 -0.8%.

GTN Resources: Price currently within Bollinger bands
Bollinger Bands /
GTN Resources: Price currently within Bollinger bands

[BULLISH]: GTN Resources is currently Oversold highlighting the potential for a short term trend reversal in the upward direction. The current level is 55.05% with a current width of 4.18.

Camarilla pivot point for GTN is bearish. Stoploss should be positioned @$1.523
Camarilla Pivot Points /
Camarilla pivot point for GTN is bearish. Stoploss should be positioned @$1.523

GTN Resources has broken the first Camarilla support point ($1.087) [Bearish]. Look for a short limit order entry near this point. Exit price for GTN should be set @$1.087 & short position stoploss for GTN Resources should be set between $1.523 & $1.632

MACD /
GTN Resources: MACD oscillator (-0.0017)

[BEARISH]: GTN Resources currently has negative MACD of -0.0017. This means the signal line is less than the MACD line signalling a bearish movement.

Pivot Points /
Limit order for a short position has been identified for GTN Resources [Bearish]

GTN Resources current pivot point is: 1.308. The current resistance levels are: (R2) $1.338: (R2) $1.338: (R3) $1.351: The current support levels are: (S1) $1.291: (S2) $1.278: (S3) $1.261

Chaikin Money Flow /
CMF showing buying pressure & potential change in direction for GTN.AX

[BULLISH]: GTN Resources current price has highlighted recent buying pressure and the continuation of a bullish trading conditions. Currently, the CMF is 0.35. GTN Resources (ASX:GTN) received a confirmed CMF crossover days on the Apr 4 2019. The bullish signal has been active for 0 day. During the quarter, the highest CMF value was 0.36 occurring on the Apr 4 2019.

[Downtrend]: Price for GTN Resources is currently below the displaced moving average
Detrended Price Oscillator /
[Downtrend]: Price for GTN Resources is currently below the displaced moving average

[BEARISH]: GTN Resources currently has a confirmed downtrend. Price is currently below the displaced moving average for GTN. Currently, the return on DPO20 is -0.8%.

Daily trading has confirmed a Suptrend uptrend (1.2185) for GTN Resources
Supertrend /
Daily trading has confirmed a Suptrend uptrend (1.2185) for GTN Resources

[BULLISH]: GTN Resources has a current Supertrend of 1.2185. This has change 0 points from yesterday.

GTN Resources was difficult to move upward due to high volume in recent trading [Bullish]
Ease of Movement /
GTN Resources was difficult to move upward due to high volume in recent trading [Bullish]

GTN: EOM Current Signal -> (1) 18 Apr: BULLISH HARD (2) 17 Apr: NEUTRAL (3) 16 Apr: BULLISH HARD

On Balance Volume /
Market conditions are indicating OBV distribution is current for GTN.AX

[BEARISH]: GTN Resources current price has highlighted recent distribution. Currently, the OBV is -171218.

Fibonacci Fans /
GTN Resources: 0.618 Fibonacci Fan ($3.55)

GTN Resources: The current Fibonacci Fan levels are: (23.61%) $4.04: (38.2%) $3.61: (50%) $3.58: (61.8%) $3.55The current support levels are: (78.6%) $3.49: (100%) $3.4: (138.2%) $3.25: (161.8%) $3.19: (261.8%) $2.82: (423.61%) $2.21

Percentage Volume /
Percentage volume oscillator remains positive for GTN

[BULLISH]: GTN Resources currently has positive PVO 38.98%. The recent volume is gaining momentum through a rise on the short term exponential moving average.

Accumulation / Distribution /
Recent trading signals GTN Resources is being accumulated

[BULLISH]: GTN Resources (ASX:GTN) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 109755.

Simple Moving Average(15) signal continues for GTN Resources indicating upward price movement is likely
Simple Moving Average /
Simple Moving Average(15) signal continues for GTN Resources indicating upward price movement is likely

[BULLISH]: GTN Resources currently has a confirmed uptrend. Recent trading has caused the SMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SMA15 is -0.8%.

The markets willingness to move the price is likely to continue for GTN
Bill Williams Market Facilitation /
The markets willingness to move the price is likely to continue for GTN

GTN Resources Currently is a confirmed Fake Day. MFI indicator is up, volume is down for GTN. Trend continuation possible for GTN from reduced trading activity.

Open Tod Vs Close Tod /
GTN Resources opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 33.3%. This suggests the sellers have lost commitment.

[BEARISH WEAK]: GTN Resources opened in the upper part of daily range at 100% & closed in the middle part of the trading range at 33.3%. This suggests the sellers have lost commitment. Over the last 12 months there has been 2 trading days with the opening price in the upper shadow & the closing the price in the middle shadow giving a confirmation ratio of 0.8%. Over the last month there has been 2 trading days with the opening price in the upper price range & the closing the price in the middle price range giving a confirmation ratio of 14.3%.

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