CPU.AX pushes through prior session high


Computershare Ltd (CPU.AX) Technical Analysis Report for May 18, 2018 | by Techniquant Editorial Team

Highlights

CPU.AX pushes through previous session high
CPU.AX rises to highest close since Inception
CPU.AX ends the day indecisive

Overview

CPU.AX ended the week 4.48% higher at 18.42 after gaining A$0.20 (1.1%) today on low volume. Today's closing price of 18.42 marks the highest close since Inception. Closing above Thursday's high at 18.38, the stock confirms its breakout through the previous session's high having traded A$0.22 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 (CPU.AX as at May 18, 2018):

Daily technical analysis candlestick chart for Computershare Ltd (CPU.AX) as at May 18, 2018

Friday's trading range was A$0.28 (1.52%), that's slightly above last trading month's daily average range of A$0.26. 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.


Market Conditions for CPU.AX as at May 18, 2018

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