Aurizon Holdings Ltd (ASX:AZJ) Technicals Stock Overbought
Overall, the bias in prices is: Upwards.
Short term: Prices are stalling.
Intermediate term: Prices are trending.
The projected upper bound is: 5.53.
The projected lower bound is: 5.10.
The projected closing price is: 5.31.
During the past 10 bars, there have been 7 white candles and 2 black candles for a net of 5 white candles. During the past 50 bars, there have been 29 white candles and 19 black candles for a net of 10 white candles.
Momentum is a general term used to describe the speed at which prices move over a given time period. Generally, changes in momentum tend to lead to changes in prices. This expert shows the current values of four popular momentum indicators.
One method of interpreting the Stochastic Oscillator is looking for overbought areas (above 80) and oversold areas (below 20). The Stochastic Oscillator is 73.5849. This is not an overbought or oversold reading. The last signal was a sell 0 period(s) ago.
Relative Strength Index (RSI)
The RSI shows overbought (above 70) and oversold (below 30) areas. The current value of the RSI is 54.36. This is not a topping or bottoming area. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. The last signal was a sell 105 period(s) ago.
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 64. This is not a topping or bottoming area. The last signal was a sell 0 period(s) ago.
The Moving Average Convergence/Divergence indicator (MACD) gives signals when it crosses its 9 period signal line. The last signal was a buy 5 period(s) ago.
Rex Takasugi – TD Profile
AURIZON FPO closed down -0.090 at 5.310. Volume was 35% below average (neutral) and Bollinger Bands were 7% narrower than normal.
Open High Low Close Volume___
5.310 5.350 5.290 5.310 3,431,395
Short Term: Overbought
Intermediate Term: Bullish
Long Term: Bullish
Moving Averages: 10-period 50-period 200-period
Close: 5.31 5.18 4.91
Volatility: 19 26 24
Volume: 5,384,486 5,617,610 5,854,667
Short-term traders should pay closer attention to buy/sell arrows while intermediate/long-term traders should place greater emphasis on the Bullish or Bearish trend reflected in the lower ribbon.
AURIZON FPO is currently 8.2% above its 200-period moving average and is in an upward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect volume flowing into and out of AZJ.AX at a relatively equal pace (neutral). Our trend forecasting oscillators are currently bullish on AZJ.AX and have had this outlook for the last 25 periods.
Latest posts by HEFFX Australia (see all)
- Cloud Peak Energy (NYSE:CLD) Heffx Trading Outlook - April 28, 2017
- Sirius XM Holdings (NASDAQ:SIRI) Gapped Down - April 28, 2017
- Honeywell International (NYSE:HON) Heffx Technical Analysis - April 28, 2017