VITURA HEALTH LIMITED - Weekly - Technical analysis published on 05/07/2024 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.134 AUD
My targets
0.103 AUD (-6.36%)
My analysis
VITURA HEALTH LIMITED is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 0.134 AUD. The next support located at 0.103 AUD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
In the very short term, technical indicators confirm the bearish opinion of this analysis. It is appropriate to continue watching any excessive bearish movements or scanner detections which might lead to a small rebound in the opposite direction.
Force
0
10
7.5
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This analysis was given by stevejn23. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The VITURA HEALTH LIMITED price is 0.110 AUD. Over 5 days, this instrument lost -8.33% and was traded between 0.100 AUD and 0.130 AUD over the period. The price is currently at +10.00% from its lowest point and -15.38% from its highest point.0.100
0.130
0.110
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Weekly chart of VITURA HEALTH LIMITED indicates that the overall trend is strongly bearish. 92.86% of the signals given by moving averages are bearish. The overall trend is supported by the strong bearish signals from short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
An assessment of technical indicators shows a bearish signal.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Weekly
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near horizontal resistance
Type : Bearish
Timeframe : Weekly
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bearish signal that could support the hypothesis of a small drop in the very short term:
Bearish engulfing lines
Type : Bearish
Timeframe : Weekly
ProTrendLines
S1
R1
R2
R3
Price
| S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|
| ProTrendLines | 0.103 | 0.110 | 0.172 | 0.380 | 0.596 |
| Change (%) | -6.36% | - | +56.36% | +245.45% | +441.82% |
| Change | -0.007 | - | +0.062 | +0.270 | +0.486 |
| Level | Intermediate | - | Minor | Intermediate | Minor |
Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.080 | 0.090 | 0.100 | 0.110 | 0.120 | 0.130 | 0.140 |
| Camarilla | 0.105 | 0.106 | 0.108 | 0.110 | 0.112 | 0.114 | 0.116 |
| Woodie | 0.080 | 0.090 | 0.100 | 0.110 | 0.120 | 0.130 | 0.140 |
| Fibonacci | 0.090 | 0.098 | 0.102 | 0.110 | 0.118 | 0.122 | 0.130 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.095 | 0.105 | 0.115 | 0.125 | 0.135 | 0.145 | 0.155 |
| Camarilla | 0.120 | 0.121 | 0.123 | 0.125 | 0.127 | 0.129 | 0.131 |
| Woodie | 0.095 | 0.105 | 0.115 | 0.125 | 0.135 | 0.145 | 0.155 |
| Fibonacci | 0.105 | 0.113 | 0.117 | 0.125 | 0.133 | 0.137 | 0.145 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.020 | 0.036 | 0.078 | 0.134 | 0.176 | 0.232 | 0.274 |
| Camarilla | 0.093 | 0.102 | 0.111 | 0.120 | 0.129 | 0.138 | 0.147 |
| Woodie | -0.027 | 0.033 | 0.071 | 0.131 | 0.169 | 0.229 | 0.267 |
| Fibonacci | 0.036 | 0.073 | 0.097 | 0.134 | 0.171 | 0.195 | 0.232 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 30.35 | |
| MACD (12,26,9): | -0.0520 | |
| Directional Movement: | -21.301 | |
| AROON (14): | -64.285 | |
| DEMA (21): | 0.122 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.249 | |
| Elder Ray (13): | -0.049 | |
| Super Trend (3,10): | 0.220 | |
| Zig ZAG (10): | 0.110 | |
| VORTEX (21): | 0.8040 | |
| Stochastique (14,3,5): | 14.68 | |
| TEMA (21): | 0.112 | |
| Williams %R (14): | -89.29 | |
| Chande Momentum Oscillator (20): | -0.145 | |
| Repulse (5,40,3): | -34.7920 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -2.5550 | |
| Courbe Coppock: | 87.26 |
| MA7: | 0.119 | |
| MA20: | 0.142 | |
| MA50: | 0.154 | |
| MA100: | 0.204 | |
| MAexp7: | 0.140 | |
| MAexp20: | 0.191 | |
| MAexp50: | 0.274 | |
| MAexp100: | 0.315 | |
| Price / MA7: | -7.56% | |
| Price / MA20: | -22.54% | |
| Price / MA50: | -28.57% | |
| Price / MA100: | -46.08% | |
| Price / MAexp7: | -21.43% | |
| Price / MAexp20: | -42.41% | |
| Price / MAexp50: | -59.85% | |
| Price / MAexp100: | -65.08% |
Quotes :
-
End-of-day data
-
Australia Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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