MLX | Australian Securities Exchange

Metals X
+ Share

Daily trading again produced an Downtrend bar for Metals X
Short Trend /
Daily trading again produced an Downtrend bar for Metals X

[BEARISH]: Metals X is in a downtrend in the short term timeframe. The current rally number is 2 & the highest rally count for the LTM is 3

Price percentage oscillator: Downward momentum is still present for Metals X
Percentage Price /
Price percentage oscillator: Downward momentum is still present for Metals X

MLX: PPO Recent Trading -> (1) 19 Mar: -10.179 (2) 18 Mar: -9.284 (3) 15 Mar: -8.769

Range Tod Vs Range Yest /
Metals X: Range Performance (66.7)

[BEARISH]: Metals X sellers are increasingly eager. This is the first day sellers have increasing eagerness for MLX adding strength to a downtrend in the first timeframe. The biggest price range this month has been $0.1000 & the greatest daily price range this year has been $0.2350. The price range ratio this week versus the quarterly price range is 0.4x & the price range ratio this month versus the year to date price range is 0.4x.

Close Tod Vs Close Yest /
Sellers continue to be keener than buyers for Metals X & are driving the price down.

MLX: Recent performance signals ->(1) 19 Mar: NEUTRAL (2) 18 Mar: NEUTRAL (3) 15 Mar: NEUTRAL

Simple Moving Average /
Price continues to trade below the Simple Moving Average(15) for MLX

[BEARISH]: Metals X 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 -8.0%.

Elder Ray Index /
[Bearish]: Recent trading has driven price below the consensus of value for MLX

[BEARISH]: Metals X Elder Ray Index is signalling a Bearish movementERI is -0.051 indicating bear power. Prices are being driven below the consensus of value for MLX during the last trading session [Selling Pressure]

Top companies for
Australian Securities Exchange
See Trending
Company
Volume MACD for Metals X continues to gain momentum @297269
MACD Volume /
Volume MACD for Metals X continues to gain momentum @297269

[BULLISH]: Metals X currently has positive Volume MACD of 297269. This means the signal line is greater than the Volume MACD line signalling a bullish movement.

Average Directional Movement /
Metals X: Average Directional Index (45.45)

[Trend]: ADX for MLX has confirmed a strong trend is present. Metals X has an ATR(14) of 0.018, a DX of 67.04 & an ADX(14) of 45.45

Ease of Movement /
Price was difficult to move downward in recent trading on high volume causing an downtrend in price for MLX

MLX: EOM Recent Trading -> (1) 19 Mar: -0.007 (2) 18 Mar: -0.004 (3) 15 Mar: -0.001

Oversold signal for the Relative Strength Index is still current for Metals X [OVERSOLD]
Relative Strength Index /
Oversold signal for the Relative Strength Index is still current for Metals X [OVERSOLD]

[BULLISH]: Metals X is currently Oversold highlighting the potential for a short term trend reversal in the upward direction. RSI is currently oversold @17.7

Recent downward trend has increased drawdown exposure associated with Metals X
Ulcer Index /
Recent downward trend has increased drawdown exposure associated with Metals X

[BULLISH]: Metals X UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 22.018.

Moving Average Envelope /
Oversold signal has just been triggered for Metals X

[BEARISH]: Metals X current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the short trading conditions. Currently, the Lower Band is 0.2945.

Daily Volume Index /
Traders are currently distributing Metals X

MLX: DVI Recent Trading -> (1) 19 Mar: -61169 (2) 18 Mar: -50194 (3) 15 Mar: -45422

Average True Range /
Metals X: Average True Range (0.018) has confirmed an downtrend is present

MLX: Average True Range Recent Trading -> (1) 19 Mar: 0.018 (2) 18 Mar: 0.017 (3) 15 Mar: 0.017

Price continues to trade below the Exponential Moving Average(15) for MLX
Exponential Moving Average /
Price continues to trade below the Exponential Moving Average(15) for MLX

[BEARISH]: Metals X 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 -8.0%.

The current price level for Metals X is maintained below the average
Commodity Channel Index /
The current price level for Metals X is maintained below the average

[BULLISH]: Metals X (ASX:MLX) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -149. The bullish signal has been active for 15 days. During the quarter, the lowest CCI value was -635.

Metals X is in a short term downtrend with the resistance price @$0.329
Triangular Moving Average /
Metals X is in a short term downtrend with the resistance price @$0.329

[BEARISH]: Metals X 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 -8.0%.

Fibonacci Fans /
Metals X: 0.618 Fibonacci Fan ($0.32)

Metals X: The current Fibonacci Fan levels are: (23.61%) $0.26: (38.2%) $0.28: (50%) $0.3: (61.8%) $0.32The current support levels are: (78.6%) $0.34: (100%) $0.38: (138.2%) $0.43: (161.8%) $0.47: (261.8%) $0.62: (423.61%) $0.86

Sine Weighted Moving Average /
The SWMA trend following signal is still current for Metals X [Bearish]

[BEARISH]: Metals X 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 -8.0%.

Pivot Points /
Metals X: Pivot Point ($0.235)

Metals X current pivot point is: 0.235. The current resistance levels are: (R2) $0.26: (R2) $0.26: (R3) $0.27: The current support levels are: (S1) $0.22: (S2) $0.21: (S3) $0.195

MACD /
[Bearish]: Metals X currently has negative MACD histogram -0.0053

[BEARISH]: Metals X currently has negative MACD of -0.0053. This means the signal line is less than the MACD line signalling a bearish movement.

Negative ROC: Price is trading lower for Metals X than 14 days ago
Rate of Change /
Negative ROC: Price is trading lower for Metals X than 14 days ago

[BEARISH]: Metals X currently has negative rate of change of -22.034%. 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

[Long]: Entry price for MLX should be set @$1.16
Fibonacci Extensions /
[Long]: Entry price for MLX should be set @$1.16

Metals X: The current Fibonacci Extension levels are: (23.61%) $0.26: (38.2%) $0.28: (50%) $0.3: (61.8%) $0.32The current support levels are: (78.6%) $0.34: (100%) $0.38: (138.2%) $0.43: (161.8%) $0.47: (261.8%) $0.62: (423.61%) $0.86

Stochastic Oscillator /
Overbought signal for the Stochastic Oscillator is still current for Metals X

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

See More   See more results
back to top