Trend Analysis:
The current trend is defined by the last price and it's relationship to specific moving averages.
Check the MA strategy for more specific suggestions.
Monthly: The relationship to the primary trend MA is bearish. The price in relationship to the other averages suggest hold current position but prepare to close, ensure stops are placed.
Price Action:
Monthly: The average price range currently is 11.06 points/ticks/pips. Prices are currently .62x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
Prices are currently caught in consolidation between 34.30 and 42.49.
While in consolidation the trade range may decrease to 6.798 points/ticks/pips.
Standard Deviation
Monthly: Standard deviation suggests a range from 28.40 to 52.48 for the following month.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Monthly: Trend strength suggests a trade range of 33.60 to 47.28 for the following month.
Price Projection:
The price action has generated a projection signal for the underlying.
Monthly: Price currently displays (if strength and attitude continue) a desire to move first toward 37.31 before moving toward 42.37
If strength and attitude continue, it could take between 1 - 2 trade periods (months) for the first projection and 1 - 2 to reach the second projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Monthly: Out of the cumulative indicators monitored, 18.18% are bullish, 54.55% are bearish, 27.27% are neutral
The current trend is defined by the last price and it's relationship to specific moving averages.
Check the MA strategy for more specific suggestions.
Monthly: The relationship to the primary trend MA is bearish. The price in relationship to the other averages suggest hold current position but prepare to close, ensure stops are placed.
Price Action:
Monthly: The average price range currently is 11.06 points/ticks/pips. Prices are currently .62x the normal trading range. Prices are trading within the mean range for activity. This generally indicates a consolidation of strength/indecision in the market regarding direction.
Prices are currently caught in consolidation between 34.30 and 42.49.
While in consolidation the trade range may decrease to 6.798 points/ticks/pips.
Standard Deviation
Monthly: Standard deviation suggests a range from 28.40 to 52.48 for the following month.
Calculated Price Strength:
The strength of the trend in conjunction with specific averages
Monthly: Trend strength suggests a trade range of 33.60 to 47.28 for the following month.
Price Projection:
The price action has generated a projection signal for the underlying.
Monthly: Price currently displays (if strength and attitude continue) a desire to move first toward 37.31 before moving toward 42.37
If strength and attitude continue, it could take between 1 - 2 trade periods (months) for the first projection and 1 - 2 to reach the second projection.
Indicators Summary.
A collection of technical indicators whose directional attitude has been summarized.
Monthly: Out of the cumulative indicators monitored, 18.18% are bullish, 54.55% are bearish, 27.27% are neutral