Money3: Tricklar trend Uptrend remains intact
MNY: Tricklar Trend Current Signal -> (1) 11 Dec: BULLISH (2) 10 Dec: BULLISH (3) 09 Dec: BULLISH
Money3
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Money3: Price currently within Bollinger bands
[BULLISH]: Money3 is currently Oversold highlighting the potential for a short term trend reversal in the upward direction. The current level is 53.72% with a current width of 8.7.
MNY: Moving Average Convergence Divergence [Bullish]
[BULLISH]: Money3 currently has positive MACD of 0.004. This means the signal line is greater than the MACD line signalling a bullish movement.
Price moved on high volume to close lower for the day for MNY [Difficult to Move]
[BEARISH]: Money3 current price have moved downwards on high volume. Currently, the Ease of Movement is -0.548
The WMA trend following signal is still current for Money3 [Bearish]
MNY: WMA Current Signal -> (1) 11 Dec: BEARISH (2) 10 Dec: BEARISH CROSSOVER (3) 09 Dec: BULLISH
Money3: Closing price $2.17 is below the SMA(15) @$2.172
[BEARISH]: Money3 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 -0.5%.
Money3: DeMark Pivot ($2.17)
Money3 current pivot point (DeMark) is: (R1) $2.19. The current pivot point (DeMark) is: (S1) $2.16.
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Market conditions are indicating accumulation is current for MNY
[BULLISH]: Money3 (ASX:MNY) current accumulation has given strength to the share price and the continuation of bullish trading conditions. Currently, the ADLINE is 183331.
The 161.8% Fibonacci extension level for MNY has moved to the lower limit. Stoploss should be positioned @$6.1
Money3: The current Fibonacci Extension levels are: (23.61%) $2.21: (38.2%) $2.18: (50%) $2.15: (61.8%) $2.12The current support levels are: (78.6%) $2.08: (100%) $2.03: (138.2%) $1.94: (161.8%) $1.88: (261.8%) $1.64: (423.61%) $1.25
Recent upward trend has reduced drawdown exposure associated with Money3
[BEARISH]: Money3 UIX index implies that the downside risk of the current trading price is low. Currently, the UIX is 2.253.
Money3: Supertrend (2.055)
[BULLISH]: Money3 has a current Supertrend of 2.055. This has change 0 points from yesterday.
This is the first day of buyer commitment for Money3 adding strength to an uptrend in the first timeframe
[BULLISH]: Money3 buyers are in control at the market close. This is the first day of buyer commitment for Money3 adding strength to an uptrend in the first timeframe & highlights the commitment of buyers to carry positions overnight. Over the last 12 months there has been 3 trading days with the closing price in the upper part of the range giving a confirmation ratio of 1.1%. Over the last month there has been 3 trading days with the closing price in the upper range giving a confirmation ratio of 37.5%. Currently this quarter, closing price has spent 3 days in the upper price range compared to 2 days in the lower range giving a ratio of 1.5x.
![[Bullish]: Recent trading has driven price above the consensus of value for MNY](http://tricklar.com/ArticleImages/ASX/MNY/MNY_99.png
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[Bullish]: Recent trading has driven price above the consensus of value for MNY
[BULLISH]: Money3 Elder Ray Index is signalling a Bullish movementERI is 0.001 indicating bull power. Prices are being driven above the consensus of value for MNY during the last trading session [Buying Pressure]
A Piercing Pattern (Bullish) candlestick pattern has been detected for Money3 (MNY).
[BULLISH]: Money3 has formed a new Bullish Piercing reversal pattern. This means, MNY has been in a short term downtrend with a black candle which is followed by a strong gap down on open but closes in the upper half of the previous candle. This indicates after a very weak open the bulls have taken control on the close and highlights a potential trend change in the upward direction.
Money3: Momentum(14) Crossover
[BULLISH CROSSOVER]: Money3 currently has positive momentum of 0.02. This means the current price is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.5%. The largest upward momentum rally for the last 3 months is 1 days producing a return of 0%.
[Long]: Limit orders for Money3 should be set at $2.531
Money3 has broken the first Camarilla resistance point ($2.531) [Bullish]. Look for a long limit order entry near this point. Exit price for MNY should be set @$2.531 & Stoploss for Money3 should be set between $1.809 & $1.628
Volume MACD for Money3 continues to lose momentum @-23143
[BEARISH]: Money3 currently has negative Volume MACD of -23143. This means the signal line is less than the Volume MACD line signalling a bearish movement.
MNY Basic Candle: White
[BULLISH]: Money3 has formed a White candlestick. Normal buying pressure highlighting buyers were in control.
Money3: Rate of Change (80)
[BULLISH CROSSOVER]: Money3 currently has positive volume of change of 80%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is -0.5%.
Money3 is in a short term uptrend with the closing price @$2.17
[BULLISH]: Money3 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 -0.5%.
MNY: Short term trend is still an Downtrend
[BEARISH]: Money3 is in a downtrend in the short term timeframe. The current rally number is 3 & the highest rally count for the LTM is 7
Aroon oscillator for Money3 has signalled a strong uptrend is active
MNY: Aroon Oscillator Current Signal -> (1) 11 Dec: BULLISH STRONG (2) 10 Dec: BULLISH STRONG (3) 09 Dec: BULLISH STRONG
Money3 has initiated a positive rate of change of 0.93
MNY: ROC Recent Trading -> (1) 11 Dec: 0.93 (2) 10 Dec: -0.457 (3) 09 Dec: 1.364
Negative momentum on volume for MNY has been confirmed & supports a bearish move is likely
[BEARISH CROSSOVER]: Money3 currently has negative PVO -0.93%. The recent volume is losing momentum through a fall on the short term exponential moving average. Currently, the return on PVO is 0%.
Money3 is being actively accumulated based on DVI
MNY: DVI Current Signal -> (1) 11 Dec: BULLISH (2) 10 Dec: BULLISH (3) 09 Dec: BULLISH
Daily trading has confirmed the DPO(20) is bullish for Money3
[BULLISH]: Money3 currently has a confirmed uptrend. Price is currently above the displaced moving average for MNY. Currently, the return on DPO20 is -0.5%.
Elders Force Index (8605) has signalled buying pressure has continued for MNY
[BULLISH]: Money3 current price has highlighted recent buying pressure. Currently, the Elders Force Index is 8605.
Money3: Three Black Crows
[BEARISH]: Money3 has formed a new Three Black Crows reversal pattern.