MIN | Australian Securities Exchange

Mineral Resources
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DVI: Distribution has been initiated for MIN.AX
Daily Volume Index /
DVI: Distribution has been initiated for MIN.AX

MIN: DVI Recent Trading -> (1) 14 Nov: -1976 (2) 13 Nov: 358 (3) 12 Nov: 614

Mineral Resources is in a short term downtrend with the closing price @$13.51
Simple Moving Average /
Mineral Resources is in a short term downtrend with the closing price @$13.51

[BEARISH]: Mineral Resources 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 -5.8%.

Open Tod Vs Close Tod /
Mineral Resources opened in the upper part of daily range at 83.1% & closed in the lower part of the trading range at 14.1%. This suggests the sellers were in control all day.

[BEARISH STRONG]: Mineral Resources opened in the upper part of daily range at 83.1% & closed in the lower part of the trading range at 14.1%. This suggests the sellers were in control all day. Over the last 12 months there has been 3 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 1.1%. Over the last month there has been 3 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 30%.

Black Candle /
MIN Basic Candle: Black

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

Supertrend /
MIN: Supertrend has confirmed a downtrend @15.547

[BEARISH]: Mineral Resources has a current Supertrend of 15.547. This has change 1.587 points from yesterday.

Woodie Pivot Point /
Mineral Resources: Woodie Pivot ($13.638)

Mineral Resources current pivot point (Woodie) is: $13.638. The current resistance levels are: (R1) $13.866: (R2) $14.348The current support levels are: (S1) $13.156: (S2) $12.928

Mineral Resources is in a short term downtrend with the resistance price @$14.891
Sine Weighted Moving Average /
Mineral Resources is in a short term downtrend with the resistance price @$14.891

[BEARISH]: Mineral Resources 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 -5.8%.

MACD /

MIN: MACD Current Signal -> (1) 14 Nov: BEARISH CROSSOVER (2) 13 Nov: BULLISH (3) 12 Nov: BULLISH

Mineral Resources: 1.618 Fibonacci Extension ($17.92)
Fibonacci Extensions /
Mineral Resources: 1.618 Fibonacci Extension ($17.92)

Mineral Resources: The current Fibonacci Extension levels are: (23.61%) $14.07: (38.2%) $14.48: (50%) $14.81: (61.8%) $15.13The current support levels are: (78.6%) $15.6: (100%) $16.2: (138.2%) $17.27: (161.8%) $17.92: (261.8%) $20.71: (423.61%) $25.23

Mineral Resources: 0.618 Fibonacci Fan ($15.13)
Fibonacci Fans /
Mineral Resources: 0.618 Fibonacci Fan ($15.13)

Mineral Resources: The current Fibonacci Fan levels are: (23.61%) $14.07: (38.2%) $14.48: (50%) $14.81: (61.8%) $15.13The current support levels are: (78.6%) $15.6: (100%) $16.2: (138.2%) $17.27: (161.8%) $17.92: (261.8%) $20.71: (423.61%) $25.23

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

[BULLISH]: Mineral Resources currently has positive volume of change of 46%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -5.8%.

Weighted Moving Average /
The WMA trend following signal is still current for Mineral Resources [Bearish]

[BEARISH]: Mineral Resources 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 -5.8%.

Aroon Oscillator /
[Downtrend]: Aroon oscillator (-80) strong downtrend has been confirmed for MIN

[BEARISH]: Mineral Resources has a current ARO(25) of -80. This has change -44 points from yesterday.

Mineral Resources is in a short term downtrend with the closing price @$13.51
Exponential Moving Average /
Mineral Resources is in a short term downtrend with the closing price @$13.51

MIN: EMA(15) Current Signal -> (1) 14 Nov: BEARISH (2) 13 Nov: BEARISH (3) 12 Nov: BEARISH CROSSOVER

14-day momentum is decreasing for Mineral Resources
Momentum /
14-day momentum is decreasing for Mineral Resources

[BEARISH]: Mineral Resources currently has negative momentum of -0.58 This means the current price is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is -5.8%.The largest downward momentum rally for the last 3 months is 4 days producing a return of -11.3%.

Short Trend /
Mineral Resources: Downtrend for the daily trend is continued

[BEARISH]: Mineral Resources is in a downtrend in the short term timeframe. The sellers have dominated the daily trade, however further confirmation is required before taking a position

Percentage Price /
PPO continues to signal a continuation of downward price fall for Mineral Resources

[BEARISH]: Mineral Resources currently has negative PPO -1.492%. This means the current price is losing momentum through a fall on the short term exponential moving average.

Williams %R /
Initiation of oversold signal for Mineral Resources [Bullish Crossover]

[BEARISH]: Mineral Resources is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.

Daily trading performance for MIN has continued a short term downtrend
Close Tod Vs Close Yest /
Daily trading performance for MIN has continued a short term downtrend

[BEARISH]: Mineral Resourcessellers are keener than buyers and are driving the price down. There has been 4 consecutive days of price decline for MIN adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -5.8 & the greatest daily negative change this year has been -7.5. The longest consecutive downswing rally over the last 12 months has been 8 days giving a total rally downward movement of -17.9%. This quarter, the largest downswing rally has been 4 days giving a total rally downward movement of -13.7%. The loss ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 0.3x. Over the last month the average daily downward movement has been -2.500000%

MIN: Medium term Tricklar trend is still an Downtrend
Tricklar Trend /
MIN: Medium term Tricklar trend is still an Downtrend

[BEARISH]: Mineral Resources has a Tricklar downtrend confirmation. This was confirmed through a price breakout on the Nov 8 2018.

Mineral Resources currently has negative rate of change for -4.116
Rate of Change /
Mineral Resources currently has negative rate of change for -4.116

[BEARISH]: Mineral Resources currently has negative rate of change of -4.116%. 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

Range Tod Vs Range Yest /
Mineral Resources: Range Performance (91.9)

[BEARISH]: Mineral Resources sellers are increasingly eager. This is the first day sellers have increasing eagerness for MIN adding strength to a downtrend in the first timeframe. The biggest price range this month has been $2.4900 & the greatest daily price range this year has been $8.7300. The price range ratio this week versus the quarterly price range is 0.7x & the price range ratio this month versus the year to date price range is 0.3x.

Fibonacci Retracements /
Mineral Resources: 0.618 Fibonacci Retraction (15.13)

Mineral Resources: The current Fibonacci Retraction levels are: (23.61%) $14.07: (38.2%) $14.48: (50%) $14.81: (61.8%) $15.13The current support levels are: (78.6%) $15.6: (100%) $16.2: (138.2%) $17.27: (161.8%) $17.92: (261.8%) $20.71: (423.61%) $25.23

Demarks Pivot Points /
Mineral Resources has moved below the S1 DeMark pivot point ($13.6125) [Bearish]

Mineral Resources has broken the first DeMark support point ($13.6125) [Bearish]. Look for a short limit order entry near this point. Exit price for MIN should be set @$13.1050 & short position stoploss for Mineral Resources should be set at $13.815

Ulcer Index /
Drawdown for Mineral Resources is currently high signalling high stress

[BULLISH]: Mineral Resources UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 8.13.

Potential initiation of a trend reversal (Bullish) for Mineral Resources
Commodity Channel Index /
Potential initiation of a trend reversal (Bullish) for Mineral Resources

[BULLISH CROSSOVER]: Mineral Resources (ASX:MIN) current price has driven Commodity Channel Index to become oversold signalling the start of bullish trading conditions. Currently, the CCI is -140. During the quarter, the lowest CCI value was -221. The last oversold signal occurred on Nov 1 2018

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

MIN: DPO Recent Trading -> (1) 14 Nov: -1.7435 (2) 13 Nov: -0.9975 (3) 12 Nov: -0.6375

Chaikin Money Flow /
Chaikin Oscillator showing selling pressure for MIN.AX

[BEARISH]: Mineral Resources current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.16. Mineral Resources (ASX:MIN) received a confirmed CMF crossover days on the Nov 12 2018. The bearish signal has been active for 3 days. During the quarter, the lowest CMF value was -0.16 occurring on the Nov 12 2018.

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