BAPCOR LIMITED - Daily - Technical analysis published on 08/18/2021 (GMT)
- 147
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Bearish
Underlying:
Neutral
Technical indicators
33%
28%
39%
My opinion
Neutral between 7.940 AUD and 8.217 AUD
My targets
-
My analysis
The basic trend is neutral and the short term is tentatively bearish. With such a pattern, it is difficult to favour buying or selling. The first support is located at 7.940 AUD. The first resistance is located at 8.217 AUD. However, the probabilities of moving towards the first support before the first resistance are slightly higher. Without a basic trend, it is important to monitor the price response at these levels. A bearish break in the support or a bullish break in the resistance could provide a signal that would set the new direction of the basic trend. On the other hand, if the price is blocked by support or resistance, it could be attractive to trade against the trend on the last short-term movement recorded by BAPCOR LIMITED.
Technical indicators are neutral in the very short term and are not able to influence the opinion of this 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 BAPCOR LIMITED price is 8.090 AUD. On the day, this instrument gained +0.25% and was between 8.040 AUD and 8.160 AUD. This implies that the price is at +0.62% from its lowest and at -0.86% from its highest.8.040
8.160
8.090
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 BAPCOR LIMITED:
Technical
A technical analysis in Daily of this BAPCOR LIMITED chart shows a neutral trend. The slightly bearish signals currently given by short-term moving averages could allow the overall trend to return to a slightly bearish trend. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 7 are neutral and 5 are bearish. The Central Indicators scanner found this result concerning these indicators:
Ichimoku - Bearish crossover : Tenkan & Kijun
Type : Bearish
Timeframe : Daily
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 7.067 | 7.389 | 7.940 | 8.090 | 8.217 | 8.475 |
| Change (%) | -12.65% | -8.67% | -1.85% | - | +1.57% | +4.76% |
| Change | -1.023 | -0.701 | -0.150 | - | +0.127 | +0.385 |
| Level | Minor | Major | Intermediate | - | Minor | Major |
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 | 7.913 | 7.977 | 8.033 | 8.097 | 8.153 | 8.217 | 8.273 |
| Camarilla | 8.057 | 8.068 | 8.079 | 8.090 | 8.101 | 8.112 | 8.123 |
| Woodie | 7.910 | 7.975 | 8.030 | 8.095 | 8.150 | 8.215 | 8.270 |
| Fibonacci | 7.977 | 8.023 | 8.051 | 8.097 | 8.143 | 8.171 | 8.217 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.548 | 7.697 | 7.893 | 8.042 | 8.238 | 8.387 | 8.583 |
| Camarilla | 7.995 | 8.027 | 8.058 | 8.090 | 8.122 | 8.153 | 8.185 |
| Woodie | 7.573 | 7.709 | 7.918 | 8.054 | 8.263 | 8.399 | 8.608 |
| Fibonacci | 7.697 | 7.829 | 7.910 | 8.042 | 8.174 | 8.255 | 8.387 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.187 | 7.533 | 7.847 | 8.193 | 8.507 | 8.853 | 9.167 |
| Camarilla | 7.979 | 8.039 | 8.100 | 8.160 | 8.221 | 8.281 | 8.342 |
| Woodie | 7.170 | 7.525 | 7.830 | 8.185 | 8.490 | 8.845 | 9.150 |
| Fibonacci | 7.533 | 7.786 | 7.941 | 8.193 | 8.446 | 8.601 | 8.853 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 47.35 | |
| MACD (12,26,9): | -0.0330 | |
| Directional Movement: | -4.791 | |
| AROON (14): | -35.715 | |
| DEMA (21): | 8.091 | |
| Parabolic SAR (0,02-0,02-0,2): | 8.353 | |
| Elder Ray (13): | -0.006 | |
| Super Trend (3,10): | 8.364 | |
| Zig ZAG (10): | 8.090 | |
| VORTEX (21): | 1.0250 | |
| Stochastique (14,3,5): | 37.53 | |
| TEMA (21): | 8.046 | |
| Williams %R (14): | -61.42 | |
| Chande Momentum Oscillator (20): | -0.070 | |
| Repulse (5,40,3): | 0.0630 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0370 | |
| Courbe Coppock: | 3.01 |
| MA7: | 8.020 | |
| MA20: | 8.160 | |
| MA50: | 8.205 | |
| MA100: | 7.995 | |
| MAexp7: | 8.079 | |
| MAexp20: | 8.126 | |
| MAexp50: | 8.114 | |
| MAexp100: | 7.992 | |
| Price / MA7: | +0.87% | |
| Price / MA20: | -0.86% | |
| Price / MA50: | -1.40% | |
| Price / MA100: | +1.19% | |
| Price / MAexp7: | +0.14% | |
| Price / MAexp20: | -0.44% | |
| Price / MAexp50: | -0.30% | |
| Price / MAexp100: | +1.23% |
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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