Overall, the bias in prices is: Upwards.
Short term: Prices are moving.
Intermediate term: Prices are trending.
Note: this chart shows extraordinary price action to the upside.
By the way, prices are vulnerable to a correction towards 1.38.
The projected upper bound is: 1.98.
The projected lower bound is: 1.70.
The projected closing price is: 1.84.
A black body occurred (because prices closed lower than they opened).
During the past 10 bars, there have been 7 white candles and 3 black candles for a net of 4 white candles. During the past 50 bars, there have been 18 white candles and 13 black candles for a net of 5 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 86.1635. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a sell 7 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 85.76. This is where it usually tops. The RSI usually forms tops and bottoms before the underlying security. A buy or sell signal is generated when the RSI moves out of an overbought/oversold area. (*ERROR*: Function did not return a value)
Commodity Channel Index (CCI)
The CCI shows overbought (above 100) and oversold (below -100) areas. The current value of the CCI is 128.This is an overbought reading. However, a signal isn’t generated until the indicator crosses below 100. The last signal was a sell 8 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 14 period(s) ago.
Rex Takasugi – TD Profile
PARADISE ENT closed down -0.040 at 1.830. Volume was 1,576% above average (trending) and Bollinger Bands were 677% wider than normal.
Open High Low Close Volume___
1.860 1.970 1.800 1.830 6,796,000
Short Term: Overbought
Intermediate Term: Bullish
Long Term: (*ERROR*: Function did not return a value)(*ERROR*: Function did not return a value)
Moving Averages: 10-period 50-period 200-period
Close: 1.54 1.25(*ERROR*: Function did not return a value)
Volatility: 82 66(*ERROR*: Function did not return a value)
Volume: 2,890,800 701,920(*ERROR*: Function did not return a value)
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.
PARADISE ENT is currently (*ERROR*: Function did not return a value)% (*ERROR*: Function did not return a value) its 200-period moving average and is in an upward trend. Volatility is extremely high when compared to the average volatility over the last 10 periods. There is a good possibility that volatility will decrease and prices will stabilize in the near term. Our volume indicators reflect very strong flows of volume into 1180.HK (bullish). Our trend forecasting oscillators are currently bullish on 1180.HK and have had this outlook for the last 14 periods. Our momentum oscillator is currently indicating that 1180.HK is currently in an overbought condition.
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