D/B/A SIBANYE-STILLWATER - Daily - Technical analysis published on 03/02/2023 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
67%
11%
My opinion
Bearish under 8.69 USD
My targets
7.06 USD (-13.16%)
6.02 USD (-25.95%)
My analysis
The bearish trend is currently very strong for D/B/A SIBANYE-STILLWATER. As long as the price remains below the resistance at 8.69 USD, you could try to take advantage of the bearish rally. The first bearish objective is located at 7.06 USD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 6.02 USD as an objective. Crossing it would then enable sellers to target 5.10 USD. Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. 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 bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
7.1
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This analysis was given by AleksanderTheGreat. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The D/B/A SIBANYE-STILLWATER price is 8.13 USD. The price has increased by +0.49% since the last closing and was traded between 8.02 USD and 8.18 USD over the period. The price is currently at +1.37% from its lowest and -0.61% from its highest.8.02
8.18
8.13
The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.
Bearish opening
Type : Bearish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by D/B/A SIBANYE-STILLWATER:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of D/B/A SIBANYE-STILLWATER indicates that the overall trend is strongly bearish. The signals given by moving averages are 89.29% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, of the 18 technical indicators analysed by Central Analyzer, 4 are bullish, 2 are neutral and 12 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.78 | 3.23 | 5.10 | 8.13 | 8.69 | 9.74 | 10.68 |
| Change (%) | -78.11% | -60.27% | -37.27% | - | +6.89% | +19.80% | +31.37% |
| Change | -6.35 | -4.90 | -3.03 | - | +0.56 | +1.61 | +2.55 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.83 | 7.94 | 8.01 | 8.12 | 8.19 | 8.30 | 8.37 |
| Camarilla | 8.04 | 8.06 | 8.07 | 8.09 | 8.11 | 8.12 | 8.14 |
| Woodie | 7.82 | 7.93 | 8.00 | 8.11 | 8.18 | 8.29 | 8.36 |
| Fibonacci | 7.94 | 8.01 | 8.05 | 8.12 | 8.19 | 8.23 | 8.30 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.84 | 8.09 | 8.26 | 8.51 | 8.68 | 8.93 | 9.10 |
| Camarilla | 8.33 | 8.36 | 8.40 | 8.44 | 8.48 | 8.52 | 8.56 |
| Woodie | 7.81 | 8.07 | 8.23 | 8.49 | 8.65 | 8.91 | 9.07 |
| Fibonacci | 8.09 | 8.25 | 8.35 | 8.51 | 8.67 | 8.77 | 8.93 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.01 | 6.02 | 7.06 | 9.07 | 10.11 | 12.12 | 13.16 |
| Camarilla | 7.26 | 7.54 | 7.82 | 8.10 | 8.38 | 8.66 | 8.94 |
| Woodie | 3.53 | 5.78 | 6.58 | 8.83 | 9.63 | 11.88 | 12.68 |
| Fibonacci | 6.02 | 7.19 | 7.91 | 9.07 | 10.24 | 10.96 | 12.12 |
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): | 20.82 | |
| MACD (12,26,9): | -0.7100 | |
| Directional Movement: | -28.88 | |
| AROON (14): | -100.00 | |
| DEMA (21): | 8.32 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.52 | |
| Elder Ray (13): | -0.71 | |
| Super Trend (3,10): | 9.06 | |
| Zig ZAG (10): | 8.15 | |
| VORTEX (21): | 0.6100 | |
| Stochastique (14,3,5): | 4.10 | |
| TEMA (21): | 7.89 | |
| Williams %R (14): | -93.06 | |
| Chande Momentum Oscillator (20): | -1.73 | |
| Repulse (5,40,3): | 1.2400 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.8500 | |
| Courbe Coppock: | 36.75 |
| MA7: | 8.34 | |
| MA20: | 9.36 | |
| MA50: | 10.46 | |
| MA100: | 10.27 | |
| MAexp7: | 8.39 | |
| MAexp20: | 9.20 | |
| MAexp50: | 9.96 | |
| MAexp100: | 10.26 | |
| Price / MA7: | -2.52% | |
| Price / MA20: | -13.14% | |
| Price / MA50: | -22.28% | |
| Price / MA100: | -20.84% | |
| Price / MAexp7: | -3.10% | |
| Price / MAexp20: | -11.63% | |
| Price / MAexp50: | -18.37% | |
| Price / MAexp100: | -20.76% |
Quotes :
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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