BRAINCHIP HOLDINGS LTD - Daily - Technical analysis published on 03/25/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 0.320 AUD
My targets
0.360 AUD (+9.09%)
0.375 AUD (+13.64%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BRAINCHIP HOLDINGS LTD. As long as you are above the support located at 0.320 AUD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.360 AUD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.375 AUD as an objective. Crossing it would then enable buyers to target 0.435 AUD. If the support 0.320 AUD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
1.6
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This analysis was given by Robertson9991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BRAINCHIP HOLDINGS LTD rating 0.330 AUD. The price registered a decrease of -5.71% on the session with the lowest point at 0.325 AUD and the highest point at 0.345 AUD. The deviation from the price is +1.54% for the low point and -4.35% for the high point.0.325
0.345
0.330
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 BRAINCHIP HOLDINGS LTD:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of BRAINCHIP HOLDINGS LTD in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
In fact, according to the parameters integrated into the Central Analyzer system, only 8 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 : Daily
Pivot points : price is under support 1
Type : Neutral
Timeframe : Weekly
RSI indicator is back under 50
Type : Bearish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
For a small setback in the very short term, the Central Candlesticks scanner currently notes the presence of this bearish pattern in Japanese candlesticks:
Bearish harami
Type : Bearish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.200 | 0.250 | 0.320 | 0.330 | 0.375 | 0.435 | 0.490 |
Change (%) | -39.39% | -24.24% | -3.03% | - | +13.64% | +31.82% | +48.48% |
Change | -0.130 | -0.080 | -0.010 | - | +0.045 | +0.105 | +0.160 |
Level | Minor | Minor | Minor | - | Major | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.302 | 0.313 | 0.322 | 0.333 | 0.342 | 0.353 | 0.362 |
Camarilla | 0.325 | 0.326 | 0.328 | 0.330 | 0.332 | 0.334 | 0.336 |
Woodie | 0.300 | 0.313 | 0.320 | 0.333 | 0.340 | 0.353 | 0.360 |
Fibonacci | 0.313 | 0.321 | 0.326 | 0.333 | 0.341 | 0.346 | 0.353 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.218 | 0.257 | 0.293 | 0.332 | 0.368 | 0.407 | 0.443 |
Camarilla | 0.309 | 0.316 | 0.323 | 0.330 | 0.337 | 0.344 | 0.351 |
Woodie | 0.218 | 0.256 | 0.293 | 0.331 | 0.368 | 0.406 | 0.443 |
Fibonacci | 0.257 | 0.285 | 0.303 | 0.332 | 0.360 | 0.378 | 0.407 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | -0.190 | -0.015 | 0.185 | 0.360 | 0.560 | 0.735 | 0.935 |
Camarilla | 0.282 | 0.316 | 0.351 | 0.385 | 0.419 | 0.454 | 0.488 |
Woodie | -0.178 | -0.009 | 0.198 | 0.366 | 0.573 | 0.741 | 0.948 |
Fibonacci | -0.015 | 0.128 | 0.217 | 0.360 | 0.503 | 0.592 | 0.735 |
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): | 47.89 | |
MACD (12,26,9): | 0.0080 | |
Directional Movement: | -1.234 | |
AROON (14): | -85.714 | |
DEMA (21): | 0.371 | |
Parabolic SAR (0,02-0,02-0,2): | 0.416 | |
Elder Ray (13): | -0.018 | |
Super Trend (3,10): | 0.430 | |
Zig ZAG (10): | 0.330 | |
VORTEX (21): | 0.9200 | |
Stochastique (14,3,5): | 20.95 | |
TEMA (21): | 0.346 | |
Williams %R (14): | -75.86 | |
Chande Momentum Oscillator (20): | -0.065 | |
Repulse (5,40,3): | -4.9350 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 1.0530 | |
Courbe Coppock: | 27.53 |
MA7: | 0.342 | |
MA20: | 0.375 | |
MA50: | 0.286 | |
MA100: | 0.236 | |
MAexp7: | 0.343 | |
MAexp20: | 0.351 | |
MAexp50: | 0.309 | |
MAexp100: | 0.277 | |
Price / MA7: | -3.51% | |
Price / MA20: | -12.00% | |
Price / MA50: | +15.38% | |
Price / MA100: | +39.83% | |
Price / MAexp7: | -3.79% | |
Price / MAexp20: | -5.98% | |
Price / MAexp50: | +6.80% | |
Price / MAexp100: | +19.13% |
Quotes :
-
End-of-day data
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Australia Stocks
News
The last news published on BRAINCHIP HOLDINGS LTD at the time of the generation of this analysis was as follows:
- Elon Musk's Neuralink shows first brain-chip patient playing chess
- Media Alert: BrainChip Chair Antonio J. Viana Addresses Investors in Two-Part Investor Podcast
- Media Alert: BrainChip and Edge Impulse Offer a Neuromorphic Deep Dive into Next-Gen Edge AI Solutions
- University of Virginia Joins the BrainChip University AI Accelerator Program
- BrainChip's Latest US Patent Award Extends Intellectual Property Strength and its Leadership in Edge Learning
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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