DEEP YELLOW LIMITED - Weekly - Technical analysis published on 02/02/2022 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bullish
Technical indicators
17%
61%
22%
My opinion
Bearish under 0.817 AUD
My targets
0.613 AUD (-17.12%)
0.578 AUD (-21.89%)
My analysis
The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for DEEP YELLOW LIMITED as long as the price remains well below 0.817 AUD. The next bearish objective for sellers is set at 0.613 AUD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.578 AUD. In case of crossing, the next objective would be the support located at 0.377 AUD. As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at 0.613 AUD. With this support, against the trend traders who want to buy DEEP YELLOW LIMITED on a buy signal from their trading strategy should not hesitate to act.
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
1.8
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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 DEEP YELLOW LIMITED rating is 0.740 AUD. The price registered an increase of +4.23% over 5 days and was traded between 0.690 AUD and 0.775 AUD over the period. The price is currently at +7.25% from its lowest point and -4.52% from its highest point.0.690
0.775
0.740
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by DEEP YELLOW LIMITED:
Technical
A technical analysis in Weekly of this DEEP YELLOW LIMITED chart shows a slightly bullish trend. 57.14% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:
Bearish trend reversal : adaptative moving average 50
Type : Bearish
Timeframe : Weekly
In fact, according to the parameters integrated into the Central Analyzer system, 11 technical indicators out of 18 analysed are currently bearish. 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
MACD indicator is back under 0
Type : Bearish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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 | 0.269 | 0.377 | 0.578 | 0.740 | 0.950 | 1.150 | 1.370 |
| Change (%) | -63.65% | -49.05% | -21.89% | - | +28.38% | +55.41% | +85.14% |
| Change | -0.471 | -0.363 | -0.162 | - | +0.210 | +0.410 | +0.630 |
| Level | Minor | Intermediate | Major | - | Intermediate | 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 | 0.682 | 0.709 | 0.725 | 0.752 | 0.768 | 0.795 | 0.811 |
| Camarilla | 0.728 | 0.732 | 0.736 | 0.740 | 0.744 | 0.748 | 0.752 |
| Woodie | 0.676 | 0.706 | 0.719 | 0.749 | 0.762 | 0.792 | 0.805 |
| Fibonacci | 0.709 | 0.726 | 0.736 | 0.752 | 0.769 | 0.779 | 0.795 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.562 | 0.623 | 0.687 | 0.748 | 0.812 | 0.873 | 0.937 |
| Camarilla | 0.716 | 0.727 | 0.739 | 0.750 | 0.762 | 0.773 | 0.784 |
| Woodie | 0.563 | 0.624 | 0.688 | 0.749 | 0.813 | 0.874 | 0.938 |
| Fibonacci | 0.623 | 0.671 | 0.701 | 0.748 | 0.796 | 0.826 | 0.873 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.278 | 0.482 | 0.613 | 0.817 | 0.948 | 1.152 | 1.283 |
| Camarilla | 0.653 | 0.684 | 0.714 | 0.745 | 0.776 | 0.806 | 0.837 |
| Woodie | 0.243 | 0.464 | 0.578 | 0.799 | 0.913 | 1.134 | 1.248 |
| Fibonacci | 0.482 | 0.610 | 0.689 | 0.817 | 0.945 | 1.024 | 1.152 |
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): | 42.70 | |
| MACD (12,26,9): | -0.0100 | |
| Directional Movement: | -4.389 | |
| AROON (14): | -71.428 | |
| DEMA (21): | 0.895 | |
| Parabolic SAR (0,02-0,02-0,2): | 1.073 | |
| Elder Ray (13): | -0.120 | |
| Super Trend (3,10): | 1.144 | |
| Zig ZAG (10): | 0.740 | |
| VORTEX (21): | 0.8950 | |
| Stochastique (14,3,5): | 8.96 | |
| TEMA (21): | 0.829 | |
| Williams %R (14): | -88.89 | |
| Chande Momentum Oscillator (20): | -0.390 | |
| Repulse (5,40,3): | -16.4600 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | 0.4990 | |
| Courbe Coppock: | 35.70 |
| MA7: | 0.748 | |
| MA20: | 0.858 | |
| MA50: | 0.898 | |
| MA100: | 0.978 | |
| MAexp7: | 0.833 | |
| MAexp20: | 0.887 | |
| MAexp50: | 0.812 | |
| MAexp100: | 0.672 | |
| Price / MA7: | -1.07% | |
| Price / MA20: | -13.75% | |
| Price / MA50: | -17.59% | |
| Price / MA100: | -24.34% | |
| Price / MAexp7: | -11.16% | |
| Price / MAexp20: | -16.57% | |
| Price / MAexp50: | -8.87% | |
| Price / MAexp100: | +10.12% |
Quotes :
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End-of-day data
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Australia Stocks
News
The last news published on DEEP YELLOW LIMITED at the time of the generation of this analysis was as follows:
- Deep Yellow Limited (DYL.AX) December Quarterly Activities Report
- Deep Yellow Limited (DYL.AX) Thick High-Grade Mineralisation Identified at Barking Gecko
- Deep Yellow Limited (DYL.AX) New Potential For Basement Uranium Discoveries at Omahola
- Deep Yellow Limited (DYL.AX) 2021 Sustainability Report
- Deep Yellow Limited (DYL.AX) Further Strengthens Board
This member declared not having a position on this financial instrument or a related financial instrument.
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