*STL Click on Sectors to view stocks |
Steel_Iron sector |
Wed 9 Apr, close | |
Default zoom
125% rec
Colors Mouse over for values
Top ˄Wed 9 Apr, close
8 Month Detailed Chart
100%
Price is moving higher, both long and short entries have poor trade quality
Scale +/-0(min) to 10(max)
QUOTE
56, +5.38 pts (+10.6%), Wed 9 Apr, close
excessive up from yesterday's close, expect to pause/stop.
Today's
L 50.68 O 50.68 H 56.72Typical price range:
49.89 to
51.35 ± 0.728 pts, ± 1.3%
Extreme price range (85% of time)
49.16 to
52.07 ± 1.46 pts, ± 2.6%
VOLUME
8.41mil shares, +124% compared to typical daily volume over the past 6 months.
High Volume alert!
Typical daily volume is
3.75mil shares over the past 6 months.
RALLIES/PULLBACKS** Current price area
Typical: 4.38 pts (7.8%) occurs 25% of the time.
Extreme: 5.69 pts (10.2%) occurs 5% of the time.
A summary of bullish and bearish indicators. | |
BULLISH
[Positioning] Intermediate trend possibly bullish, Sideways trend near lower support.
[Positioning] at support
BEARISH
[Positioning] 1 Day Price change extreme up, may pause/reverse
[Positioning] Short term extreme rally, expect rally to pause/stop.
[Timing] Extreme bullish 1 day moneyflow, on an strong-extreme rally is considered bearish.
Indicators for positioning trade entry and exits.
1 DAY PRICE CHANGE
excessive up (+5.38 pts, +10.6%) from yesterday's close, expect to pause/stop.
SHORT TERM DIRECTION
extreme rally, expect rally to pause/stop.
OVERBOUGHT/SOLD
NeutralMinus, odds slightly favor long trades.
1 MONTH TREND
INTERMEDIATE TREND** Past 4 months
possibly bullish, Sideways trend near lower support.
SUPPORT/RESISTANCE
56, at support,
55.82 ± 0.726
type double,
strength 10
Support Below : -4% at
53.76 ± 0.699
type double,
strength 10
Resistance Above : +2.8% at
57.55 ± 0.748
type single,
strength 8
Indicators for timing trade entry and exits.
Over 120 three day candlestick chart patterns analyzed.
3 DAY CANDLESTICK
Neutral 3 day candlestick pattern.
Extreme 3 day distribution, occurs 5% of the time.
Days Back
Strong Bullish
Mild Bullish
Neutral
Mild Bearish
Strong Bearish
0
5
10
15
25
3 Day Candlestick (over last 25 days)
3 Day Candlestick (2 day avg)
MONEYFLOW
Extreme bullish 1 day moneyflow,
occurs 5% of the time.
BREAKOUT
None.
BREAKDOWN
None.
Support and Resistance Areas
Over the past 8 months.
Type/Strength Help
CURRENT PRICE
56, at support,
55.82 ± 0.726
type double,
strength 10
SUPPORT BELOW
-4% at 53.76 ± 0.699 type double,
strength 10
-9.5% at 50.67 ± 0.659 type single,
strength 8
RESISTANCE ABOVE
+2.8% at 57.55 ± 0.748 type single,
strength 8
+5.3% at 58.96 ± 0.766 type triple+,
strength 10
+8% at 60.49 ± 0.786 type triple+,
strength 8
...
0%
Trade Quality
Long
TARGET 1
Price:
55.28 Profit:
0% (Strong rally has exceeded Target 1)
Stop/Trailing Stop: 54.77 Loss: 2.2%
POTENTIAL
Excellent, there are 0 resistance areas on the way to Target 1.
When there are few resistance areas, stocks may quickly rise to targets.
TARGET 2
Price:
56.59 Profit:
1.1% P/L Ratio: 0.5 : 1 - Poor
(Extreme rally)
Breakout trade indicators.
Breakout Tip
BREAKOUT
None.
0%
Trade Quality
Short
TARGET 1
Price:
53.76 Profit:
4% (Typical pullback)
Cover/Trailing Cover: 57.22 Loss: 2.2%
P/L Ratio: 1.8 : 1 - Poor
POTENTIAL
Excellent, there are 1 support areas on the way to Target 1.
When there are few support areas, stocks may quickly fall to targets.
TARGET 1 SUPPORT
Current price at support:
55.82 ± 0.726
type double,
strength 10
-4% at 53.76 is Target 1
TARGET 2
Price:
51.76 Profit:
7.6% P/L Ratio: 3.5 : 1 - Good
(Extreme pullback)
Breakdown trade indicators.