Stockmarket | Australian Securities Exchange

[BEARISH]: Central Australian Phosphate 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%.

AST: Daily Trend Current Signal -> (1) 16 Oct: BULLISH CONFIRM (2) 15 Oct: BEARISH (3) 12 Oct: BEARISH

Mighty River Power has broken the first DeMark support point ($3.055) [Bearish]. Look for a short limit order entry near this point. Exit price for MCY should be set @$3.0100 & short position stoploss for Mighty River Power should be set at $3.07

[BEARISH]: Meridian Energy sellers in control. This is the first day of seller commitment for Meridian 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 2 trading days with the closing price in the lower part of the range giving a confirmation ratio of 0.8%. Over the last month there has been 2 trading days with the closing price in the lower range giving a confirmation ratio of 16.7%. Currently this quarter, closing price has spent 2 days in the lower price range compared to 3 days in the upper range giving a ratio of 0.7x.

[BEARISH CROSSOVER]: AGL Energy currently has negative rate of change of -42%. This means the current volume is less than the price 14 days ago and therefore losing momentum. Currently, the return on momentum is 1.5%.

CEN: CCI Current Signal ->(1) 16 Oct: BULLISH (2) 15 Oct: BULLISH (3) 12 Oct: BULLISH

AGL: Elders Force Index Recent Trading -> (1) 16 Oct: -113114 (2) 15 Oct: -194313 (3) 12 Oct: -63889

[BULLISH CROSSOVER]: ERM Power currently has positive rate of change of 3.988%. This means the current price is greater than the price 14 days ago and therefore gaining momentum & is a leading indicator of price movement in the upward direction

[BEARISH]: Genesis Energy (ASX:GNE) current distribution has given weakness to the share price and the continuation of bearish trading conditions. Currently, the ADLINE is -12212.5.

Energy World Corporation: The current Fibonacci Extension levels are: (23.61%) $0.18: (38.2%) $0.18: (50%) $0.18: (61.8%) $0.17The current support levels are: (78.6%) $0.17: (100%) $0.16: (138.2%) $0.15: (161.8%) $0.14: (261.8%) $0.11: (423.61%) $0.06

Central Australian Phosphate: The current Fibonacci Retraction levels are: (23.61%) $5.11: (38.2%) $5.17: (50%) $5.22: (61.8%) $5.27The current support levels are: (78.6%) $5.34: (100%) $5.43: (138.2%) $5.59: (161.8%) $5.69: (261.8%) $6.11: (423.61%) $6.79

[BEARISH]: IFN has a current ARU(25) of 56 and a current ARD(25) of 96

Event Hospitality And Entertainment: The current Fibonacci Extension levels are: (23.61%) $14.21: (38.2%) $14.33: (50%) $14.44: (61.8%) $14.54The current support levels are: (78.6%) $14.68: (100%) $14.87: (138.2%) $15.2: (161.8%) $15.41: (261.8%) $16.28: (423.61%) $17.69

IFT: DPO Current Signal -> (1) 16 Oct: BULLISH (2) 15 Oct: BULLISH (3) 12 Oct: BULLISH

[BULLISH WEAK]: IFN has formed a Short White candlestick. This means, IFN has limited price movement derived from weak buying pressure. Given the limited timeframe in which signal has formed, further confirmation is required through volume and additional technical indicators.

[BEARISH]: Spark Infrastructure currently has a confirmed downtrend. Price is currently below the displaced moving average for SKI. Currently, the return on DPO20 is 1.4%.