MBH Corporation PLC (M8H.DU) Target 3.60
Overall, the bias in prices is: Upwards
The projected upper bound is: 1.38.
The projected lower bound is: 1.36.
The projected closing price is: 1.37.
During the past 10 bars, there have been 2 white candles and 0 black candles for a net of 2 white candles. During the past 50 bars, there have been 3 white candles and 0 black candles for a net of 3 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 100.0000. This is an overbought reading. However, a signal is not generated until the Oscillator crosses below 80 The last signal was a buy 2 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 65.39. 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. (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 32. This is not a topping or bottoming area. The last signal was a buy 1 period(s) ago.
Rex Takasugi – TD Profile
MBH CORP. PLC closed unchanged at 1.370. Volume was 100% below average (consolidating) and Bollinger Bands were 74% narrower than normal.
Open High Low Close Volume___
1.370 1.370 1.370 1.370 0
Short Term: Overbought
Intermediate Term: Bullish
Moving Averages: 10-period 50-period 200-period
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.
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 M8H.D (bullish). Our trend forecasting oscillators are currently bullish on M8H.D and have had this outlook for the last 1 periods.
Latest posts by HEFFX Australia (see all)
- Global Power Synergy (GPSC:BK) Realizing Thailand 4.0 and a Sustainable Energy Future - November 23, 2020
- Tesla (NASDAQ:TSLA) Increasing Deliveries - November 23, 2020
- Amazon (NASDAQ:AMZN) HEFFX Technical Analysis - November 23, 2020