Overall, the bias in prices is: Downwards.
Short term: Prices are stalling.
Intermediate term: Prices are ranging.
The projected upper bound is: 4.40.
The projected lower bound is: 4.20.
The projected closing price is: 4.30.
WARNING: These prices only contain closing prices. Thus, the candlestick analysis in this expert will be invalid (including the alerts, symbols, and this commentary). To detach this expert, right-click on the TERN PROPERTIES chart, choose Expert Advisor, and then choose Detach.
During the past 10 bars, there have been 0 white candles and 0 black candles. During the past 50 bars, there have been 1 white candles and 0 black candles for a net of 1 white candles.
A gravestone doji occurred. This often signifies a top (the longer the upper shadow, the more bearish the signal).
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 0.0000. This is an oversold reading. However, a signal is not generated until the Oscillator crosses above 20 The last signal was a sell 15 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 30.93. 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 11 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 -42. This is not a topping or bottoming area. The last signal was a buy 6 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 sell 12 period(s) ago.
Rex Takasugi – TD Profile
TERN PROPERTIES closed unchanged at 4.300. Volume was 100% below average (consolidating) and Bollinger Bands were 303% wider than normal.
Open High Low Close Volume___
4.300 4.300 4.300 4.300 0
Short Term: Oversold
Intermediate Term: Bearish
Long Term: Bearish
Moving Averages: 10-period 50-period 200-period
Close: 4.30 4.34 4.51
Volatility: 0 15 13
Volume: 0 800 392
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.
TERN PROPERTIES is currently 4.7% below its 200-period moving average and is in an downward trend. Volatility is extremely low when compared to the average volatility over the last 10 periods. There is a good possibility that there will be an increase in volatility along with sharp price fluctuations in the near future. Our volume indicators reflect very strong flows of volume into 0277.HK (bullish). Our trend forecasting oscillators are currently bearish on 0277.HK and have had this outlook for the last 8 periods.
Latest posts by HEFFX Australia (see all)
- Coach Inc (NYSE:COH) Stock Overbought - May 9, 2017
- Twitter Inc (NYSE:TWTR) Heffx Technicals Bearish Divergence - May 8, 2017
- 3M Co (NYSE:MMM) Stock Overbought - May 8, 2017