CSL LIMITED

- AUD (-)

- End-of-day data - Australia Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	CSL
ISIN:	AU000000CSL8

CSL LIMITED - Daily - Technical analysis published on 11/06/2021 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 286.072 AUD

My targets

341.000 AUD (+8.43%)

My analysis

The bullish trend is currently very strong on CSL LIMITED. As long as the price remains above the support at 286.072 AUD, you could try to benefit from the boom. The first bullish objective is located at 341.000 AUD. The bullish momentum would be boosted by a break in this resistance. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

8.8

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by knhassan. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The CSL LIMITED price is 314.480 AUD. On the day, this instrument gained +0.82% with the lowest point at 313.100 AUD and the highest point at 315.000 AUD. The deviation from the price is +0.44% for the low point and -0.17% for the high point.

313.100

315.000

314.480

A study of price movements over other periods shows the following variations:

The study of the highest / lowest by the Central Records scanner shows the following results:

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of CSL LIMITED in Daily shows a strongly overall bullish trend. The signals given by the moving averages are 89.29% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	270.490	286.072	312.762	314.480	318.580	341.000
Change (%)	-13.99%	-9.03%	-0.55%	-	+1.30%	+8.43%
Change	-43.990	-28.408	-1.718	-	+4.100	+26.520
Level	Major	Minor	Intermediate	-	Major	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	311.487	312.293	313.387	314.193	315.287	316.093	317.187
Camarilla	313.958	314.132	314.306	314.480	314.654	314.828	315.003
Woodie	311.630	312.365	313.530	314.265	315.430	316.165	317.330
Fibonacci	312.293	313.019	313.468	314.193	314.919	315.368	316.093

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	295.653	299.627	307.053	311.027	318.453	322.427	329.853
Camarilla	311.345	312.390	313.435	314.480	315.525	316.570	317.615
Woodie	297.380	300.490	308.780	311.890	320.180	323.290	331.580
Fibonacci	299.627	303.982	306.672	311.027	315.382	318.072	322.427

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	268.873	276.997	288.743	296.867	308.613	316.737	328.483
Camarilla	295.026	296.847	298.669	300.490	302.311	304.133	305.954
Woodie	270.685	277.903	290.555	297.773	310.425	317.643	330.295
Fibonacci	276.997	284.587	289.276	296.867	304.457	309.146	316.737

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):	69.53
MACD (12,26,9):	2.9540
Directional Movement:	18.690
AROON (14):	85.714
DEMA (21):	303.705
Parabolic SAR (0,02-0,02-0,2):	295.132
Elder Ray (13):	7.805
Super Trend (3,10):	297.388
Zig ZAG (10):	311.930
VORTEX (21):	1.1450
Stochastique (14,3,5):	91.61
TEMA (21):	307.242
Williams %R (14):	-4.55
Chande Momentum Oscillator (20):	15.750
Repulse (5,40,3):	0.2190
ROCnROLL:	1
TRIX (15,9):	0.0250
Courbe Coppock:	7.85

MA7:	305.243
MA20:	298.305
MA50:	301.004
MA100:	296.208
MAexp7:	306.229
MAexp20:	300.974
MAexp50:	299.028
MAexp100:	295.784
Price / MA7:	+3.03%
Price / MA20:	+5.42%
Price / MA50:	+4.48%
Price / MA100:	+6.17%
Price / MAexp7:	+2.69%
Price / MAexp20:	+4.49%
Price / MAexp50:	+5.17%
Price / MAexp100:	+6.32%

Quotes : - End-of-day data - Australia Stocks

News

The last news published on CSL LIMITED at the time of the generation of this analysis was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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