Discover, explore & compare companies within the Basic Materials Sector from the Australian Stock Exchange (ASX). Download the latest price data & trading signals.

Long positions for Orica should be set between $18.2525 & $18.375
Demarks Pivot Points /
Long positions for Orica should be set between $18.2525 & $18.375

Orica has broken the first DeMark resistance point ($18.2525) [Bullish]. Look for a long limit order entry near this point. Exit price for ORI should be set @$18.375 & Stoploss for Orica should be set at $17.955

Confirmation of Highfield Resources is currently being distributed via OBV
On Balance Volume /
Confirmation of Highfield Resources is currently being distributed via OBV

[BEARISH]: Highfield Resources current price has highlighted recent distribution. Currently, the OBV is -215920.

Open Tod Vs Close Tod /
Resolute Mining opened in the upper part of daily range at 80% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day.

[BEARISH STRONG]: Resolute Mining opened in the upper part of daily range at 80% & closed in the lower part of the trading range at 0%. This suggests the sellers were in control all day. Over the last 12 months there has been 66 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 25.1%. Over the last month there has been 1 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 12.5%.

On Balance Volume /
OBV: Accumulation still active for New Hope

[BULLISH]: New Hope current price has highlighted recent accumulation. Currently, the OBV is 8.12038e+007.

Percentage Volume /
Newcrest Mining: Percentage Volume Oscillator @3 [Bullish Crossover]

[BULLISH CROSSOVER]: Newcrest Mining currently has positive PVO 3%. The recent volume is gaining momentum through a rise on the short term exponential moving average. Currently, the return on PVO is 0%.

Bollinger Bands /
Closing price for GOR has crossed below the Lower Bollinger Band triggering a bullish crossover signal

[BULLISH CROSSOVER]: Gold Road Resources has initiated an oversold signal, highlighting the potential for a short term trend reversal in the upward direction. The current level is -7.43% with a current width of 12.26.

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Pivot Reversal /
A short term Pivot Reversal has formed with Origin Energy

[BULLISH]: A short term Pivot Reversal has formed with Origin Energy which confirms the presence of a bullish bar reversal. Over the last 12 months there have been 19 occurrences of this bar reversal giving a signal probability of 7.2%.

Aneka Tambang: Oversold signal still active
Money Flow Index /
Aneka Tambang: Oversold signal still active

[BEARISH]: Aneka Tambang current trading has maintained the money flow index overbought status and signalled the continuation of the bearish trading conditions. Currently, the MFI is 0. The bearish signal has been active for 0 days. During the quarter, the highest MFI value was 0.

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

[BEARISH]: Alexium International currently has a confirmed downtrend. Recent trading has caused the WMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on WMA5 is -1.4%.

Triangular Moving Average /
The TMA trend following signal is now active for Regis Resources [Bullish]

[BULLISH]: Regis Resources currently has a confirmed uptrend. Recent trading has caused the TMA 5 day average to exceed the closing price confirming the short term trend following indicator. Currently, the return on TMA5 is 1.3%.

Range Tod Vs Range Yest /
Cardinal Resources: Buyers are now becoming increasingly eager.

[BULLISH]: Cardinal Resourcesbuyers are increasingly eager. This is the first day buyers have increased eagerness for CDV adding strength to an uptrend in the first timeframe. The biggest price range this month has been $0.165. & the greatest daily price range this year has been $0.525. The price range ratio this week versus the quarterly price range is 0.5x & the price range ratio this month versus the year to date price range is 0.3x.

Dacian Gold: Bear Belt-Hold
Bear Belt-Hold /
Dacian Gold: Bear Belt-Hold

DCN: Reversal (Weak) Recent Trading -> (1) 12 Dec: Bear Belt-Hold (2) 11 Dec: (3) 08 Dec:

Worleyparsons: Daily low performance is -1.2 % [Downtrend]
Low Price /
Worleyparsons: Daily low performance is -1.2 % [Downtrend]

[BULLISH]: Worleyparsons current downtrend in the first timeframe. Currently, the Low is $14.11 (-1.2 %).

Average True Range /
Daily trading has confirmed an ATR downtrend (0.045) for Karoon Gas Australia

[Bearish]: Average True Range has confirmed an downtrend is present. Karoon Gas Australia has a TR of 0.02, and an ATR(14) of 0.045.

Ulcer Index /
Drawdown for Champion Iron is currently high signalling high stress

[BULLISH]: Champion Iron UIX index implies that the downside risk of the current trading price is high. Currently, the UIX is 9.054.

Elder Ray Index /
Bull power has increased for Sandfire Resources signalling bullish conditions are likely

[BULLISH]: Sandfire ResourcesElder Ray Index is signalling a Bullish movementERI is 0.077 indicating bull power. Prices are being driven above the consensus of value for SFR during the last trading session [Buying Pressure]

Price continues to trade below the Sine Weighted Moving Average(5) for PRU
Sine Weighted Moving Average /
Price continues to trade below the Sine Weighted Moving Average(5) for PRU

[BEARISH]: Perseus Mining currently has a confirmed downtrend. Recent trading has caused the SWMA 5 day average to move below the closing price confirming the short term trend following indicator. Currently, the return on SWMA5 is -3.1%.

Ramelius Resources: Average Directional Index (18.56) has confirmed a weak trend is present
Average Directional Movement /
Ramelius Resources: Average Directional Index (18.56) has confirmed a weak trend is present

[Weak Trend]: ADX for RMS has confirmed a weak trend is presentRamelius Resources has an ATR(14) of 0.013, a DX of 48.65 & an ADX(14) of 18.56

Bear power has increased for Altura Mining signalling bearish conditions are likely
Elder Ray Index /
Bear power has increased for Altura Mining signalling bearish conditions are likely

[BEARISH]: Altura MiningElder Ray Index is signalling a Bearish movementERI is -0.02 indicating bear power. Prices are being driven below the consensus of value for AJM during the last trading session [Selling Pressure]

Chaikin Money Flow /
Highfield Resources: Bearish relationship forming between price & volume

HFR: Chaikin Oscillator Recent Trading -> (1) 12 Dec: -0.05 (2) 11 Dec: -0.14 (3) 08 Dec: -0.07

Relative Strength Index /
Relative Strength Index oversold signal has just been triggered for Perseus Mining

[BULLISH]: Perseus Mining is currently Oversold highlighting the potential for a short term trend reversal in the upward direction. RSI is currently oversold @27.9933

Momentum /
5-day momentum is decreasing for Perseus Mining

PRU: MOM Current Signal -> (1) 12 Dec: BEARISH (2) 11 Dec: BEARISH (3) 08 Dec: BEARISH

Williams %R /
KAR: William %R continues to move below the oversold limit @-96.2

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

Trading for Cardinal Resources highlights the commitment of sellers to carry positions overnight.
Close Tod Vs Range Tod /
Trading for Cardinal Resources highlights the commitment of sellers to carry positions overnight.

[BEARISH]: Cardinal Resources sellers in control. This is the first day of seller commitment for Cardinal Resources 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 253 trading days with the closing price in the lower part of the range giving a confirmation ratio of 96.2%. Over the last month there has been 5 trading days with the closing price in the lower range giving a confirmation ratio of 62.5%. Currently this quarter, closing price has spent 39 days in the lower price range compared to 36 days in the upper range giving a ratio of 1.1x.

Range for ORE has surpassed the range of the previous trading session
Price Range /
Range for ORE has surpassed the range of the previous trading session

[BULLISH]: Orocobre current uptrend in the first timeframe. Currently, the Range is $0.2.

Closing Price /
Energy Resources Of Australia: Daily closing price is $0.93 [Bullish]

[BULLISH]: Energy Resources Of Australia current uptrend in the first timeframe. Currently, the Close is $0.93.

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