A mix of tech and fundamental analysis produces a sell signal

ASX:XJO   S&P/ASX 200 Index
CCI - Drifting from overbought back into the channel indicating reduced upward momentum.
MACD - Look at the MACD crossover from relatively high level. A very powerful signal on a daily chart .
DeMarker - Moving from overbought falling firmly into the channel.
RSI - Bearish divergence.
Linear Regression - Bouncing off the top of the channel. Also powerful signal.
Bollinger Band - Bounce off the upper band to its average price.

The moving averages are indeed trending higher, but I dont this will be maintained for long. Moving averages can't look like this forever.

Fundamental Analysis - The Australian economy is slowing and unemployment is rising. Lowered Chinese growth and lower commodity prices are starting to take it's toll on the economy. Yet the ASX is at an all time high.... I can't see how this can last.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out