ASX 200 Cons Staples: Sellers have taken control.

[BEARISH]: ASX 200 Cons Staples opened in the middle part of daily range at 35.8% & closed in the lower part of the trading range at 11.3%. This suggests the sellers have taken control. Over the last 12 months there has been 2 trading days with the opening price in the middle shadow & the closing the price in the lower shadow giving a confirmation ratio of 1.3%. Over the last month there has been 2 trading days with the opening price in the middle price range & the closing the price in the lower price range giving a confirmation ratio of 16.7%.

Daily trading performance for XNJ has continued a short term downtrend

Daily trading performance for XNJ has continued a short term downtrend

[BEARISH]: ASX 200 Industrialssellers are keener than buyers and are driving the price down. There has been 2 consecutive days of price decline for XNJ adding strength to a downtrend in the first timeframe. The biggest downward movement this month has been -3.1 & the greatest daily negative change this year has been -80.5. The longest consecutive downswing rally over the last 12 months has been 4 days giving a total rally downward movement of -81.6%. This quarter, the largest downswing rally has been 2 days giving a total rally downward movement of -81.6%. The loss ratio for price rise in the first timeframe for the last 12 months is 0x giving a total win/loss ratio of 3x. Over the last month the average daily downward movement has been -1.600000%

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