Country Icon

SOUTH32 LIMITED (S32.AX) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Thu, 29 Jun 2017NoneHanging ManWed, 28 Jun 20172.6%
***Stock database and scans are updated around midnight (Sydney time) every trading day.
3.50 0.00 (0%) Nov 01 8:00am AEST
Open: 3.43 Range: 3.42 - 3.52 Vol: 16.85M Avg Vol: 22.21M
EPS: 0.14 P/E ratio: 19.57 EBITDA: 1.49B Mkt Cap: 14.68B
Analyze "S32.AX" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 2.70
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 2.67
Last Trade is above the 50 day moving average at 2.71
Long Term: Trend is Up
Last Trade is above the 200 day moving average at 2.68
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of S32.AX

Stock Trend Analysis - Buy, Sell or Hold "SOUTH32 LIMITED" (S32.AX)?

S32.AX is in a very strong uptrend. In the last 52 weeks, S32.AX has been trading above the 200 day moving average for 94% of the time with an average daily volume of 22.2M shares being traded. For the medium term however, the 50 day moving average is indicating a trading range with a bearish downward bias. S32.AX's upward trend appears to be weakening but it is still not confirmed by the 200 SMA. Confidence in the buy the dips strategy seems to be waning. The 20 day moving average seems to be confirming the 50 SMA as it is also indicating a trading range with a bearish bias. Weakness in both the 20 and 50 SMA could indicate a temporary retracement of the uptrend or early stages of a major trend reversal. Objectively however, the long term trend is still up strongly and the higher probability trade would be to identify underlying strength in the 20 and 50 SMA and use it to time taking long/buy positions in S32.AX. Some good levels to consider entering long positions in S32.AX are at the 50 and 200 SMAs currently at 2.71 and 2.68 respectively. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "S32.AX".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Thu, 29 Jun 2017
Australian Stocks Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance
CL8.AXCOLLABORATE CORPORATION LIMITEDBuy, Sell or HoldTrading Levels & Pivots
APX.AXAPPEN LIMITEDBuy, Sell or HoldTrading Levels & Pivots
IEM.AXISHARES MSCI EMERGING MARKETS ETFBuy, Sell or HoldTrading Levels & Pivots
BKW.AXBRICKWORKS LIMITEDBuy, Sell or HoldTrading Levels & Pivots
CVC.AXCVC LIMITEDBuy, Sell or HoldTrading Levels & Pivots
EMF.AXEMERGING MARKETS MASTERS FUNDBuy, Sell or HoldTrading Levels & Pivots
RRL.AXREGIS RESOURCES LIMITEDBuy, Sell or HoldTrading Levels & Pivots
TWE.AXTREASURY WINE ESTATES LIMITEDBuy, Sell or HoldTrading Levels & Pivots
ARG.AXARGO INVESTMENTS LIMITEDBuy, Sell or HoldTrading Levels & Pivots
ORI.AXORICA LIMITEDBuy, Sell or HoldTrading Levels & Pivots