Daily FNArena News - Technicals

Michael Gable of Fairmont Equities notes Independence Group has tentatively broken out of its recent consolidation pattern.

The Chartist reports the technicals remain positive for the S&P500 with all-time highs again looming.

Michael Gable of Fairmont Equities notes Reliance Worldwide has broken out of its consolidation pattern and has a gap to fill.

The Chartist suggests if silver holds support another up-leg is on the cards.

Michael Gable of Fairmont Equities notes after a long decline South32 appears to have formed a double-bottom.

The Chartist reports sell-side volumes are increasing for AMP and only a short-covering scramble could reverse downside momentum.

Michael Gable of Fairmont Equities suggest the long downturn in the Domino’s Pizza share price may have come to an end.

The Chartist suggests recent consolidation for the iron ore price implies risk remains to the upside.

Michael Gable of Fairmont Equities notes Nearmap’s share price has stabilised and the stock may be setting for a recovery.

Michael Gable of Fairmont Equities suggests a break-up for accounting software firm Class may have the stock heading for the clouds.