Overall, the bias in prices is: Upwards.
Short term: Prices are stalling.
Intermediate term: Prices are trending.
By the way, prices are vulnerable to a correction towards 3.46.
The projected upper bound is: 3.87.
The projected lower bound is: 3.28.
The projected closing price is: 3.58.
A white body occurred (because prices closed higher than they opened).
During the past 10 bars, there have been 5 white candles and 5 black candles. During the past 50 bars, there have been 20 white candles and 27 black candles for a net of 7 black 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 77.9221. This is not an overbought or oversold reading. The last signal was a buy 6 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 52.31. 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 buy 15 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 40. This is not a topping or bottoming area. The last signal was a buy 2 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 0 period(s) ago.
Rex Takasugi – TD Profile
CATAPULT FPO closed up 0.180 at 3.580. Volume was 26% below average (neutral) and Bollinger Bands were 29% narrower than normal.
Open High Low Close Volume___
3.470 3.655 3.410 3.580 294,839
Short Term: Neutral
Intermediate Term: Bearish
Long Term: Bullish
Moving Averages: 10-period 50-period 200-period
Close: 3.45 3.72 2.80
Volatility: 51 53 50
Volume: 134,298 331,312 234,100
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.
CATAPULT FPO is currently 27.7% above its 200-period moving average and is in an downward trend. Volatility is high as compared to the average volatility over the last 10 periods. Our volume indicators reflect moderate flows of volume out of CAT.AX (mildly bearish). Our trend forecasting oscillators are currently bearish on CAT.AX and have had this outlook for the last 33 periods. Our momentum oscillator has set a new 14-period high while the security price has not. This is a bullish divergence.
Latest posts by HEFFX Australia (see all)
- Tassal Group Limited (ASX:TGR) Heffx Technical Analysis - January 18, 2017
- Perpetual Limited (ASX:PPT) Heffx Trading Outlook - January 18, 2017
- QBE Insurance Group Ltd (ASX:QBE) Share Price could go Higher for 2017 - January 18, 2017