Chart Level Analysis on Shares of Prima BioMed Ltd (PRR.AX)

Chart Level Analysis on Shares of Prima BioMed Ltd (PRR.AX)

One technical indicator that may assist in measuring the strength of market momentum is the Average Directional Index or ADX. At the time of writing, the 14-day ADX for Prima BioMed Ltd (PRR.AX) is standing at 30.58. Many chart analysts believe that an ADX reading over 25 would suggest a strong trend. A reading under 20 would suggest no trend, and a reading from 20-25 would suggest that there is […]

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Trading Radar: Zooming in on Shares of PNX Metals Ltd (PNX.AX)

Trading Radar: Zooming in on Shares of PNX Metals Ltd (PNX.AX)

Traders may be keeping a close eye on ATR indicators. The current 14-day ATR for PNX Metals Ltd (PNX.AX) is currently sitting at 0.00. The ATR measures the volatility of a stock on a day-to-day basis. The average true range is typically based on 14 periods and may be calculated daily, weekly, monthly, or intraday. The ATR is not considered a directional indicator, but it may reflect the strength of […]

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SKY and Space Global Ltd (SAS.AX) Quick Review of the Numbers

SKY and Space Global Ltd (SAS.AX) Quick Review of the Numbers

SKY and Space Global Ltd (SAS.AX) presently has a 14-day Commodity Channel Index (CCI) of 94.79. The CCI was created to typically stay within the reading of -100 to +100. Traders may use the indicator to determine if a stock is trending or to spot overbought/oversold conditions. A CCI reading above the +100 level would suggest that the stock is overbought and possibly primed for a correction. On the other […]

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Technical Focus: What’s Happening With Shares of Primary Opinion Ltd (POP.AX)

Technical Focus: What’s Happening With Shares of Primary Opinion Ltd (POP.AX)

Traders have been closely following shares of Primary Opinion Ltd (POP.AX) recently. Focusing on moving averages, the 50-day is 0.01, the 200-day is at 0.03, and the 7-day is 0.01. Using the moving average for technical stock analysis is still quite popular among traders and investors. The moving average can be used as a reference point to help spot buying and selling opportunities. Using a longer term moving average such […]

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Trading Review Focus on Carbine Tungsten Ltd (CNQ.AX)

Trading Review Focus on Carbine Tungsten Ltd (CNQ.AX)

Investors might be looking to track the ATR or Average True Range of the stock. Currently, Carbine Tungsten Ltd (CNQ.AX) has a 14-day ATR of 0.00. The Average True Range is an investor tool used to measure stock volatility. The ATR is not used to figure out price direction, just to measure volatility. The ATR is an indicator developed by J. Welles Wilder. Wilder has developed multiple indicators that are […]

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