CWY.AX rises to highest close since February 13, 2009


Cleanaway Waste Limited (CWY.AX) Technical Analysis Report for Jul 13, 2018 [< 1 min read]
Highlights
CWY.AX rallies 2.27% closing A$0.04 higher
CWY.AX closes higher for the 2nd day in a row
CWY.AX pushes through previous session high
CWY.AX rises to highest close since February 13, 2009
TQ Sentiment
Report Sentiment: 50% Bullish
Technical Forecast:
Overview

Moving higher for the 2nd day in a row, CWY.AX ended the week 5.26% higher at 1.80 after surging A$0.04 (2.27%) today. This is the biggest single day gain in over three days. Today's closing price of 1.80 marks the highest close since February 13, 2009. Closing above Thursday's high at 1.77, the market confirms its breakout through the prior session's high having traded A$0.05 above it intraday.

Daily chart for CWY.AX
Volatility

Friday's trading range was A$0.06 (3.41%), that's far above last trading month's daily average range of A$0.04. Weekly volatility is also higher, being way above the markets average with the monthly volatility being slightly above average.

Trend

The trend is clearly bullish, showing an intact uptrend in the short, medium and long-term.

Conclusion

Both sentiments, the classical technical analysis and our quantitative statistics are in perfect alignment today showing a neutral sentiment for the next trading day.

Market Conditions for Cleanaway Waste Limited
ConditionForecastDirectionWinAvgWorstBestEvents
Tweezer Top TQ Pro Members Only
High close to previous High TQ Pro Members Only
RSI(14) above 70 TQ Pro Members Only
3 Consecutive Higher Closes TQ Pro Members Only
More market conditions identified for TQ Pro members...
Learn more about TQ Pro
Trending Assets

Upgrade your trading!

Get the stats behind the charts

Find out what happened when Cleanaway Waste Limited traded like this in the past. See the odds for each technical pattern with expected gain and loss.

Signup

Stocks Top Movers

GBPUSD 1.31350.0120 0.92%
GOLD 1,231.99.4 0.77%
HSI 28,224.48213.62 0.76%
EURUSD 1.17230.0081 0.70%
ASX 6,285.9023.20 0.37%
INDU 25,058.12-6.38 -0.03%
NDX 7,350.23-2.13 -0.03%
FTSE 7,678.79-5.21 -0.07%
NATGAS 2.733-0.002 -0.07%
SPX 2,801.83-2.66 -0.09%
Start your day with the facts moving the markets
By clicking "Subscribe", you agree to our terms and privacy policy.

Related Stocks

ABBV 10 day candlestick chart for ABBV88.91 -1.04
-1.16%
ACN 10 day candlestick chart for ACN166.52 -0.37
-0.22%
ADBE 10 day candlestick chart for ADBE257.54 -0.14
-0.05%
AAP 10 day candlestick chart for AAP142.67 -0.70
-0.49%
AES 10 day candlestick chart for AES13.03 0.00
0.00%
AET 10 day candlestick chart for AET187.22 -2.82
-1.48%
AFL 10 day candlestick chart for AFL43.06 0.17
0.40%
AMG 10 day candlestick chart for AMG148.84 -0.47
-0.31%
A 10 day candlestick chart for A63.85 -0.30
-0.47%
ABT 10 day candlestick chart for ABT63.32 -0.46
-0.72%