New Hope opened in the upper part of daily range at 75% & closed in the lower part of the trading range at 25%. This suggests the sellers were in control all day.

New Hope opened in the upper part of daily range at 75% & closed in the lower part of the trading range at 25%. This suggests the sellers were in control all day.

[BEARISH STRONG]: New Hope opened in the upper part of daily range at 75% & closed in the lower part of the trading range at 25%. 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 2%. 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 25%.

AQG Basic Candle: Short Black

[BEARISH]: Alacer Gold Corp has formed a Short Black candlestick. This means, AQG has limited price movement derived from weak selling pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

Sellers of Origin Energy were in control at the market close.

[BEARISH]: Origin Energy sellers in control. There has been 2 consecutive days of prices closing in the lower part of the trading range for Origin Energy adding strength to an downtrend in the first timeframe & highlights the lack of commitment of buyers to carry positions overnight Over the last 12 months there has been 3 trading days with the closing price in the lower part of the range giving a confirmation ratio of 1.9%. Over the last month there has been 3 trading days with the closing price in the lower range giving a confirmation ratio of 25%. Currently this quarter, closing price has spent 3 days in the lower price range compared to 4 days in the upper range giving a ratio of 0.8x.

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