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 04/08/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

39%

17%

44%

My opinion

Bullish above 0.313 AUD

My targets

0.363 AUD (+6.76%)

0.395 AUD (+16.18%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.313 AUD remains possible. It is advisable to trade BRAINCHIP HOLDINGS LTD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.313 AUD. The next bullish objective for buyers is set at 0.363 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.395 AUD. If there is any crossing, the next objective would be the resistance located at 0.435 AUD. PS: if there is a bearish break in the support located at 0.313 AUD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

3.2

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

The BRAINCHIP HOLDINGS LTD rating is 0.340 AUD. On the day, this instrument lost -2.86% with the lowest point at 0.335 AUD and the highest point at 0.355 AUD. The deviation from the price is +1.49% for the low point and -4.23% for the high point.

0.335

0.355

0.340

A study of price movements over other periods shows the following variations:

Abnormal volumes on BRAINCHIP HOLDINGS LTD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of BRAINCHIP HOLDINGS LTD indicates that the overall trend is bullish. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. An assessment of moving averages reveals a bearish signal that could impact this trend:

Bearish price crossover with Moving Average 20

Type : Bearish

Timeframe : Daily

In fact, only 7 technical indicators out of 18 studied are currently bullish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

RSI indicator is back under 50

Type : Bearish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Ichimoku : price is under the cloud

Type : Bearish

Timeframe : Daily

Price is back under the pivot point

Type : Bearish

Timeframe : Daily

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.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.200	0.250	0.299	0.340	0.363	0.395	0.435
Change (%)	-41.18%	-26.47%	-12.06%	-	+6.76%	+16.18%	+27.94%
Change	-0.140	-0.090	-0.041	-	+0.023	+0.055	+0.095
Level	Minor	Minor	Intermediate	-	Minor	Minor	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	0.312	0.323	0.332	0.343	0.352	0.363	0.372
Camarilla	0.335	0.336	0.338	0.340	0.342	0.344	0.346
Woodie	0.310	0.323	0.330	0.343	0.350	0.363	0.370
Fibonacci	0.323	0.331	0.336	0.343	0.351	0.356	0.363

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.243	0.277	0.313	0.347	0.383	0.417	0.453
Camarilla	0.331	0.337	0.344	0.350	0.356	0.363	0.369
Woodie	0.245	0.278	0.315	0.348	0.385	0.418	0.455
Fibonacci	0.277	0.303	0.320	0.347	0.373	0.390	0.417

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.098	0.197	0.253	0.352	0.408	0.507	0.563
Camarilla	0.267	0.282	0.296	0.310	0.324	0.338	0.353
Woodie	0.078	0.186	0.233	0.341	0.388	0.496	0.543
Fibonacci	0.197	0.256	0.293	0.352	0.411	0.448	0.507

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):	49.95
MACD (12,26,9):	0.0020
Directional Movement:	3.328
AROON (14):	64.285
DEMA (21):	0.349
Parabolic SAR (0,02-0,02-0,2):	0.298
Elder Ray (13):	0.002
Super Trend (3,10):	0.405
Zig ZAG (10):	0.340
VORTEX (21):	0.8980
Stochastique (14,3,5):	62.75
TEMA (21):	0.331
Williams %R (14):	-47.06
Chande Momentum Oscillator (20):	-0.005
Repulse (5,40,3):	-2.3000
ROCnROLL:	-1
TRIX (15,9):	0.1200
Courbe Coppock:	11.24

MA7:	0.337
MA20:	0.346
MA50:	0.318
MA100:	0.249
MAexp7:	0.342
MAexp20:	0.344
MAexp50:	0.317
MAexp100:	0.287
Price / MA7:	+0.89%
Price / MA20:	-1.73%
Price / MA50:	+6.92%
Price / MA100:	+36.55%
Price / MAexp7:	-0.58%
Price / MAexp20:	-1.16%
Price / MAexp50:	+7.26%
Price / MAexp100:	+18.47%

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

News

The latest news and videos published on BRAINCHIP HOLDINGS LTD at the time of the analysis were as follows:

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

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