CGC.AX climbs to highest close since Inception
Costa Group Holdings (CGC.AX) Technical Analysis Report for Jun 14, 2018 | by Techniquant Editorial Team
CGC.AX ended Thursday at 8.44 gaining A$0.13 (1.56%) on high volume. Today's closing price of 8.44 marks the highest close since Inception. Closing above Wednesday's high at 8.36, the market confirms its breakout through the prior session's high having traded A$0.19 above it intraday. Ending the day with an indecisive close, neither buyers nor sellers were able to gain control during the session.
Daily Candlestick Chart (CGC.AX as at Jun 14, 2018):
Thursday's trading range was A$0.18 (2.15%), that's slightly above last trading month's daily average range of A$0.17. Weekly volatility is also higher, being way above the markets average with the monthly volatility being way above average.
The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.