BRAINCHIP HOLDINGS LTD

- AUD (-)

- End-of-day data - Australia Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BRN
ISIN:	AU000000BRN8

BRAINCHIP HOLDINGS LTD - Daily - Technical analysis published on 02/29/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

56%

39%

My opinion

Bullish above 0.375 AUD

My targets

0.425 AUD (+10.39%)

0.460 AUD (+19.48%)

My analysis

The bullish trend is currently very strong on BRAINCHIP HOLDINGS LTD. As long as the price remains above the support at 0.375 AUD, you could try to benefit from the boom. The first bullish objective is located at 0.425 AUD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 0.460 AUD as an objective. Crossing it would then enable buyers to target 0.510 AUD. 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, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.7

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 Robertson9991. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BRAINCHIP HOLDINGS LTD rating 0.385 AUD. The price has increased by +1.32% since the last closing and was between 0.340 AUD and 0.395 AUD. This implies that the price is at +13.24% from its lowest and at -2.53% from its highest.

0.340

0.395

0.385

Here is a more detailed summary of the historical variations registered by BRAINCHIP HOLDINGS LTD:

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Technical

Technical analysis of this Daily chart of BRAINCHIP HOLDINGS LTD indicates that the overall trend is strongly bullish. The signals given by the moving averages are 92.86% 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 moderate bullish signal.
Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Price is back under the pivot point

Type : Bearish

Timeframe : Weekly

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.250	0.329	0.375	0.385	0.425	0.460	0.510
Change (%)	-35.06%	-14.55%	-2.60%	-	+10.39%	+19.48%	+32.47%
Change	-0.135	-0.056	-0.010	-	+0.040	+0.075	+0.125
Level	Minor	Minor	Major	-	Minor	Major	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	0.297	0.318	0.352	0.373	0.407	0.428	0.462
Camarilla	0.370	0.375	0.380	0.385	0.390	0.395	0.400
Woodie	0.303	0.321	0.358	0.376	0.413	0.431	0.468
Fibonacci	0.318	0.339	0.352	0.373	0.394	0.407	0.428

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.163	0.247	0.368	0.452	0.573	0.657	0.778
Camarilla	0.434	0.452	0.471	0.490	0.509	0.528	0.546
Woodie	0.183	0.256	0.388	0.461	0.593	0.666	0.798
Fibonacci	0.247	0.325	0.373	0.452	0.530	0.578	0.657

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.117	0.133	0.147	0.163	0.177	0.193	0.207
Camarilla	0.152	0.155	0.157	0.160	0.163	0.166	0.168
Woodie	0.115	0.133	0.145	0.163	0.175	0.193	0.205
Fibonacci	0.133	0.145	0.152	0.163	0.175	0.182	0.193

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):	60.52
MACD (12,26,9):	0.0580
Directional Movement:	13.995
AROON (14):	71.429
DEMA (21):	0.399
Parabolic SAR (0,02-0,02-0,2):	0.522
Elder Ray (13):	0.010
Super Trend (3,10):	0.551
Zig ZAG (10):	0.385
VORTEX (21):	1.1180
Stochastique (14,3,5):	47.11
TEMA (21):	0.432
Williams %R (14):	-49.18
Chande Momentum Oscillator (20):	0.130
Repulse (5,40,3):	1.0850
ROCnROLL:	1
TRIX (15,9):	3.5830
Courbe Coppock:	189.52

MA7:	0.405
MA20:	0.307
MA50:	0.223
MA100:	0.206
MAexp7:	0.385
MAexp20:	0.326
MAexp50:	0.259
MAexp100:	0.243
Price / MA7:	-4.94%
Price / MA20:	+25.41%
Price / MA50:	+72.65%
Price / MA100:	+86.89%
Price / MAexp7:	-0%
Price / MAexp20:	+18.10%
Price / MAexp50:	+48.65%
Price / MAexp100:	+58.44%

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

News

Don't forget to follow the news on BRAINCHIP HOLDINGS LTD. At the time of publication of this analysis, the latest news was as follows:

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

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