Relative Strength oversold signal continues for PM Capital Global Opportunities Fund indicating upward price movement is likely
PGF: RSI Current Signal -> (1) 16 Aug: BULLISH (2) 15 Aug: BEARISH CROSSOVER (3) 14 Aug: BULLISH CROSSUNDER
PM Capital Global Opportunities Fund
+ Share
Potential continuation of a trend reversal (Bullish) for PM Capital Global Opportunities Fund
[BULLISH]: PM Capital Global Opportunities Fund (ASX:PGF) current trading has maintained the Commodity Channel Index to oversold status and signalled the continuation of the bullish trading conditions. Currently, the CCI is -140. The bullish signal has been active for 10 days. During the quarter, the lowest CCI value was -271.
Recent trading signals PM Capital Global Opportunities Fund is being distributed
[BEARISH]: PM Capital Global Opportunities Fund (ASX:PGF) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -155312.
A Piercing Pattern (Bullish) candlestick pattern has been detected for PM Capital Global Opportunities Fund (PGF).
[BULLISH]: PM Capital Global Opportunities Fund has formed a new Bullish Piercing reversal pattern. This means, PGF 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.
Volume MACD for PM Capital Global Opportunities Fund continues to lose momentum @-1191
[BEARISH]: PM Capital Global Opportunities Fund currently has negative Volume MACD of -1191. This means the signal line is less than the Volume MACD line signalling a bearish movement.
Bollinger Overbought signal continues for PM Capital Global Opportunities Fund indicating downward price movement is likely
Negative momentum on the MACD histogram for PGF is maintained & supports a bearish move is likely
[BEARISH]: PM Capital Global Opportunities Fund currently has negative MACD of -0.0104. This means the signal line is less than the MACD line signalling a bearish movement.
PM Capital Global Opportunities Fund: 0.618 Fibonacci Fan ($1.11)
PM Capital Global Opportunities Fund: The current Fibonacci Fan levels are: (23.61%) $1.06: (38.2%) $1.08: (50%) $1.1: (61.8%) $1.11The current support levels are: (78.6%) $1.13: (100%) $1.16: (138.2%) $1.21: (161.8%) $1.24: (261.8%) $1.37: (423.61%) $1.58
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PM Capital Global Opportunities Fund: ADX(31.56) has signalled a strong trend is current
[Trend]: ADX for PGF has confirmed a strong trend is present. PM Capital Global Opportunities Fund has an ATR(14) of 0.02, a DX of 44.85 & an ADX(14) of 31.56
PGF: Aroon oscillator has confirmed a strong downtrend @-68
[BEARISH]: PM Capital Global Opportunities Fund has a current ARO(25) of -68. This has change -4 points from yesterday.
Recent trading highlights continued selling pressure is present for PGF
[BEARISH]: PM Capital Global Opportunities Fund current price has highlighted recent selling pressure. Currently, the Elders Force Index is -3468.
Ulcer index has increased in stress level for PM Capital Global Opportunities Fund & high drawdown is expected
[BULLISH]: PM Capital Global Opportunities Fund UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 5.896.
PM Capital Global Opportunities Fund: Two Crows
[BEARISH]: PM Capital Global Opportunities Fund has formed a new Two Crows reversal pattern.
PGF.AX: Bearish relationship forming between price & volume
[BEARISH]: PM Capital Global Opportunities Fund current price has highlighted recent selling pressure and the continuation of a bearish trading conditions. Currently, the CMF is -0.23. PM Capital Global Opportunities Fund (ASX:PGF) received a confirmed CMF crossover days on the Aug 7 2019. The bearish signal has been active for 8 days. During the quarter, the lowest CMF value was -0.23 occurring on the Aug 7 2019.
PM Capital Global Opportunities Fund: Ease of Movement(-0.046)
PGF: EOM Current Signal -> (1) 16 Aug: BEARISH HARD (2) 15 Aug: BEARISH HARD (3) 14 Aug: BULLISH HARD
14-day volume rate of change is now increasing for PM Capital Global Opportunities Fund
[BULLISH CROSSOVER]: PM Capital Global Opportunities Fund currently has positive volume of change of 25%. This means the current volume is greater than the price 14 days ago and therefore gaining momentum. Currently, the return on momentum is 0%.
Daily trading has confirmed a Supertrend downtrend (1.1) for PM Capital Global Opportunities Fund
[BEARISH]: PM Capital Global Opportunities Fund has a current Supertrend of 1.1. This has change -0.01 points from yesterday.
PGF: Price continues to move below the SWMA(15) @$1.099
[BEARISH]: PM Capital Global Opportunities Fund 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 0.0%.
Daily bar has again closed the day with an Downtrend for PGF
PGF: Daily Trend Current Signal -> (1) 16 Aug: BEARISH (2) 15 Aug: BEARISH (3) 14 Aug: BULLISH CONFIRM
PM Capital Global Opportunities Fund is now oversold with the Lower Envelope Band @$1.045
[BEARISH]: PM Capital Global Opportunities Fund current trading has maintained the Envelope Bands to oversold status and signalled the continuation of the short trading conditions. Currently, the Lower Band is 1.045.
![The WMA trend following signal is still current for PM Capital Global Opportunities Fund [Bearish]](http://tricklar.com/ArticleImages/ASX/PGF/PGF_57.png
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The WMA trend following signal is still current for PM Capital Global Opportunities Fund [Bearish]
PGF: WMA Current Signal -> (1) 16 Aug: BEARISH (2) 15 Aug: BEARISH (3) 14 Aug: BEARISH
The TMA trend following signal is still current for PM Capital Global Opportunities Fund [Bearish]
[BEARISH]: PM Capital Global Opportunities Fund 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 0.0%.
William %R oversold signal continues for PM Capital Global Opportunities Fund indicating upward price movement is likely
[BEARISH]: PM Capital Global Opportunities Fund is currently Overbought highlighting the potential for a short term trend reversal in the downward direction.
PM Capital Global Opportunities Fund: 0.618 Fibonacci Retraction (1.11)
PM Capital Global Opportunities Fund: The current Fibonacci Retraction levels are: (23.61%) $1.06: (38.2%) $1.08: (50%) $1.1: (61.8%) $1.11The current support levels are: (78.6%) $1.13: (100%) $1.16: (138.2%) $1.21: (161.8%) $1.24: (261.8%) $1.37: (423.61%) $1.58
Momentum(14) is decreasing for PM Capital Global Opportunities Fund
![PM Capital Global Opportunities Fund: Percentage Volume Oscillator @5.7 [Bullish]](http://tricklar.com/ArticleImages/ASX/PGF/PGF_3.png
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PM Capital Global Opportunities Fund: Percentage Volume Oscillator @5.7 [Bullish]
[BULLISH]: PM Capital Global Opportunities Fund currently has positive PVO 5.7%. The recent volume is gaining momentum through a rise on the short term exponential moving average.
PGF.AX: Current trading activity signals DVI distribution is active
[BEARISH]: PM Capital Global Opportunities Fund (ASX:PGF) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the DVI is -687.
PM Capital Global Opportunities Fund: 1.618 Fibonacci Extension ($1.24)
PM Capital Global Opportunities Fund: The current Fibonacci Extension levels are: (23.61%) $1.06: (38.2%) $1.08: (50%) $1.1: (61.8%) $1.11The current support levels are: (78.6%) $1.13: (100%) $1.16: (138.2%) $1.21: (161.8%) $1.24: (261.8%) $1.37: (423.61%) $1.58
PM Capital Global Opportunities Fund: Buyers have lost commitment.
PGF: Open today versus close yesterday Recent Trading ->(1) 16 Aug: 25% (2) 15 Aug: 100% (3) 14 Aug: 25%