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**Independence**

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Share

Independence current pivot point (Woodie) is: $3.993. The current resistance levels are: (R1) $4.026: (R2) $4.103The current support levels are: (S1) $3.916: (S2) $3.883

[BEARISH]: Independencesellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for IGO adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -5.0 & the greatest daily negative change this year has been -5.0. The longest consecutive downswing rally over the last 12 months has been 6 days giving a total rally downward movement of -13.6%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -8%. The loss ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 0.8x. Over the last month the average daily downward movement has been -2.300000%

**DPO for IGO has confirmed price is currently above the displaced moving average**

[BULLISH]: Independence currently has a confirmed uptrend. Price is currently above the displaced moving average for IGO. Currently, the return on DPO20 is -1.5%.

**Independence: William %R(-35.7)**

IGO: William %R Current Signal -> (1) 17 Jan: NEUTRAL (2) 16 Jan: BULLISH CROSSUNDER (3) 15 Jan: BEARISH CROSSOVER

**Independence closed in the lower part of daily range at 9.1%.**

IGO: Close versus price range Recent Trading ->(1) 17 Jan: 9.100000000000000% (2) 16 Jan: 20.000000000000000% (3) 15 Jan: 96.000000000000000%

**Independence: Current trading activity signals accumulation is present**

[BULLISH]: Independence (ASX:IGO) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 315272.

**Australian Securities Exchange**See Trending

**Company**

[BULLISH]: Independence has a current Supertrend of 3.565. This has change 0 points from yesterday.

[BULLISH]: Independence is in an uptrend based on the Tricklar trend. The current rally number is 6 & the highest rally count for the LTM is 36. The highest rally for the month is 12

IGO: Stochastic Oscillator Signal -> (1) 17 Jan: NEUTRAL (2) 16 Jan: BULLISH CROSSUNDER (3) 15 Jan: BEARISH CROSSOVER

**Independence: 1.618 Fibonacci Extension ($3.26)**

Independence: The current Fibonacci Extension levels are: (23.61%) $4.04: (38.2%) $3.96: (50%) $3.89: (61.8%) $3.82The current support levels are: (78.6%) $3.73: (100%) $3.61: (138.2%) $3.4: (161.8%) $3.26: (261.8%) $2.7: (423.61%) $1.8

**Independence: Closing price $3.97 is above the WMA(15) @$3.951**

[BULLISH]: Independence 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 -1.5%.

[BULLISH]: Independence currently has positive volume of change of 41%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -1.5%.

Independence: The current Fibonacci Retraction levels are: (23.61%) $4.04: (38.2%) $3.4: (50%) $3.33: (61.8%) $3.26The current support levels are: (78.6%) $3.17: (100%) $3.05: (138.2%) $2.84: (161.8%) $2.7: (261.8%) $2.14: (423.61%) $1.24

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

[BULLISH]: Independence is currently Oversold highlighting the potential for a short term trend reversal in the upward direction. The current level is 65.04% with a current width of 14.99.

**Independence: Price currently within envelope bands**

**The SMA trend following signal is still current for Independence [Bullish]**

[BULLISH]: Independence 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 -1.5%.

[BULLISH]: Independence currently has positive rate of change of 3.117%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

[BULLISH]: Independence currently has positive momentum of 0.12. This means the current price is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -1.5%. The largest upward momentum rally for the last 3 months is 7 days producing a return of 4.1%.

Independence current pivot point (DeMark) is: (R1) $4.02. The current pivot point (DeMark) is: (S1) $3.91.

**IGO: Price continues to move above the EMA(15) @$3.9403**

[BULLISH]: Independence currently has a confirmed uptrend. Recent trading has caused the EMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on EMA15 is -1.5%.

**Independence: Direction, extent & volume have increased in recent trading [Buying Pressure]**

[BULLISH]: Independence current price has highlighted recent buying pressure. Currently, the Elders Force Index is 25885.

**IGO: Price continues to move above the TMA(15) @$3.849**

[BULLISH]: Independence currently has a confirmed uptrend. Recent trading has caused the TMA 15 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA15 is -1.5%.

**Independence: Pivot Point ($4)**

Independence current pivot point is: 4. The current resistance levels are: (R2) $4.11: (R2) $4.11: (R3) $4.15: The current support levels are: (S1) $3.93: (S2) $3.89: (S3) $3.82

Independence current pivot point Camarilla is: $4. The current resistance levels are: (R1) $4.303: (R2) $4.637: (R3) $4.97: (R4) $5.97The current support levels are: (S1) $3.637: (S2) $3.303: (S3) $2.97: (S4) $1.97

[BULLISH]: Independence has a current ARU(25) of 92 and a current ARD(25) of 56

[BULLISH]: Independence currently has positive MACD of 0.0351. This means the signal line is greater than the MACD line signalling a bullish movement.