GXY | Australian Securities Exchange

Galaxy Resources
+ Share

DVI: Distribution still active for GXY.AX
Daily Volume Index /
DVI: Distribution still active for GXY.AX

[BEARISH]: Galaxy Resources (ASX:GXY) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -12673.

Percentage Price /
Price percentage oscillator has negative momentum signalling a continuation of the downward price fall for GXY

[BEARISH]: Galaxy Resources currently has negative PPO -2.962%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Simple Moving Average /
Galaxy Resources: Simple Moving Average(15) (2.5333)

[BULLISH]: Galaxy 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 3.5%.

Sine Weighted Moving Average /
[Bullish]: Trend following indicator for GXY highlights upward price direction is likely

[BULLISH]: Galaxy Resources currently has a confirmed uptrend. Recent trading has caused the SWMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on SWMA15 is 3.5%.

White Opening Marubozu /
GXY Basic Candle: White Opening Marubozu

[BULLISH]: Galaxy Resources has formed a White Opening Marubozu candlestick. This means, GXY has received strong buying confidence and upward price movement over the trading day with only a small upper shadow present. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

[Uptrend]: Recent trading for GXY indicates ST trend is likely to continue
Weighted Moving Average /
[Uptrend]: Recent trading for GXY indicates ST trend is likely to continue

[BULLISH]: Galaxy 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 3.5%.

Accumulation / Distribution /
Market conditions are indicating distribution is current for GXY

[BEARISH]: Galaxy Resources (ASX:GXY) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -6.03406e+007.

Negative ROC for Galaxy Resources is a leading indicator for continued price fall
Rate of Change /
Negative ROC for Galaxy Resources is a leading indicator for continued price fall

[BEARISH]: Galaxy Resources currently has negative rate of change of -3.663%. This means the current price is less than the price 14 days ago and therefore losing momentum & is a leading indicator of price movement in the downward direction

[Buying Pressure]: ERI has increased for Galaxy Resources during the last trading session
Elder Ray Index /
[Buying Pressure]: ERI has increased for Galaxy Resources during the last trading session

[BULLISH]: Galaxy Resources Elder Ray Index is signalling a Bullish movementERI is 0.106 indicating bull power. Prices are being driven above the consensus of value for GXY during the last trading session [Buying Pressure]

Stochastic Oscillator /
Galaxy Resources: Stochastic Oscillator (73)

GXY: Stochastic Oscillator Signal -> (1) 21 Sep: NEUTRAL (2) 20 Sep: BEARISH CROSSUNDER (3) 19 Sep: BEARISH

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

[BEARISH]: Galaxy Resources current price has highlighted recent distribution. Currently, the OBV is -4.87215e+007.

Galaxy Resources: Closing price $2.63 is below the TMA(15) @$2.67
Triangular Moving Average /
Galaxy Resources: Closing price $2.63 is below the TMA(15) @$2.67

[BEARISH]: Galaxy 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 3.5%.

Galaxy Resources: 3rd timeframe trend Uptrend remains intact
Long Trend /
Galaxy Resources: 3rd timeframe trend Uptrend remains intact

[BULLISH]: Galaxy Resources has a medium timeframe uptrend confirmation. This was confirmed through a price breakout on the Aug 28 2018.

Bollinger Bands /
Closing price for GXY has crossed below the Lower Bollinger Band triggering a bullish crossover signal

[BULLISH CROSSOVER]: Galaxy Resources has initiated an oversold signal, highlighting the potential for a short term trend reversal in the upward direction. The current level is 52.89% with a current width of 25.14.

Coles Reaction Day /
[Bullish]: A higher high has been achieved for last trading day for GXY

Galaxy Resources: Coles Rally Day has been confirmed A higher high has been achieved for last trading day for GXY

Detrended Price Oscillator /
Price is currently below the displaced moving average for GXY [Bearish]

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

Galaxy Resources: Look for a long limit order entry @$2.6225
Demarks Pivot Points /
Galaxy Resources: Look for a long limit order entry @$2.6225

Galaxy Resources has broken the first DeMark resistance point ($2.6225) [Bullish]. Look for a long limit order entry near this point. Exit price for GXY should be set @$2.685 & Stoploss for Galaxy Resources should be set at $2.595

Positive momentum on volume for GXY is maintained & supports a bullish move is likely
Percentage Volume /
Positive momentum on volume for GXY is maintained & supports a bullish move is likely

GXY: PVO Current Signal -> (1) 21 Sep: BULLISH (2) 20 Sep: BULLISH CROSSOVER (3) 19 Sep: BEARISH

Recent downward trend has increased drawdown exposure associated with Galaxy Resources
Ulcer Index /
Recent downward trend has increased drawdown exposure associated with Galaxy Resources

[BULLISH]: Galaxy Resources UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 13.013.

Chaikin Money Flow /
CMF showing selling pressure & potential change in direction for GXY.AX

Galaxy Resources (ASX:GXY): Chaikin Oscillator Recent Trading -> (1) 21 Sep: -0.3 (2) 20 Sep: -0.35 (3) 19 Sep: -0.36

Close Tod Vs Close Yest /
Buyers continue to be keener than sellers for Galaxy Resources & are driving the price up.

[BULLISH]: Galaxy Resourcesbuyers are keener than sellers and are driving the price up. There has been 3 consecutive days of price rise for GXY adding strength to an uptrend in the first timeframe. The biggest upward movement this month has been 10.0 & the greatest daily positive change this year has been 14.4. The longest consecutive upswing rally over the last 12 months has been 7 days giving a total rally upward movement of 24.2%. This quarter, the largest upswing rally has been 3 days giving a total rally upward movement of 10%. The win ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 1.3x. Over the last month the average daily upward movement has been 2.500000%

MACD Volume /
[Bullish]: Galaxy Resources currently has positive Volume MACD histogram 178176

[BULLISH]: Galaxy Resources currently has positive Volume MACD of 178176. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Daily trading again produced an Uptrend bar for Galaxy Resources
Short Trend /
Daily trading again produced an Uptrend bar for Galaxy Resources

[BULLISH]: Galaxy Resources is in an uptrend in the short term timeframe. The current rally number is 2 & the highest rally count for the LTM is 6

Daily bar has confirmed has confirmed an Aroon downtrend is intact for GXY
Aroon Oscillator /
Daily bar has confirmed has confirmed an Aroon downtrend is intact for GXY

[BEARISH]: Galaxy Resources has a current ARU(25) of 28 and a current ARD(25) of 60

Volume Rate of Change /
VROC continues to rise for Galaxy Resources signalling an uptrend will persist

[BULLISH]: Galaxy Resources currently has positive volume of change of 171%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 3.5%.

See More   See more results
back to top