GBM Signals
●RSI drifting toward oversold territory — worth watching
●MACD momentum is losing steam
●Sitting right at the lower Bollinger Band — oversold and potentially ready to snap back
●Trading below both moving averages — the trend is working against this one
●Volume surging at 3.5x normal while price falls — heavy selling pressure
●Took a hit — down 23.5% over the last 5 days
●Lagging the Small Ords index — relative strength of 0.74, underperforming its peers
●Below the 200-day average — the long-term trend is still working against it
OMX Signals
●MACD momentum is picking up steam
●Stochastic is stretched into overbought — could need a breather
●Pressing against the upper Bollinger Band — extended and may need to cool off
●Just broke above 20-day resistance — a level that was capping price, now cleared
●On a tear — up 23.5% over the last 5 days
●Beating the Small Ords index — relative strength of 1.23, so it's outpacing the pack
●Volatility is expanding fast — choppy price action, so buckle up
●Below the 200-day average — the long-term trend is still working against it