EMERALD RESOURCES NL - Daily - Technical analysis published on 03/26/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
17%
56%
28%
My opinion
Bearish under 4.047 AUD
My targets
3.740 AUD (-2.35%)
3.560 AUD (-7.05%)
My analysis
The strong short-term decline of EMERALD RESOURCES NL reinforces the current slightly bearish trend. As long as the price remains below 4.047 AUD, you could take advantage of this bearish acceleration. The first bearish objective is located at 3.740 AUD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 3.560 AUD as an objective. Crossing it would then enable sellers to target 3.460 AUD. A return to above 4.047 AUD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
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
4.1
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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 EMERALD RESOURCES NL price is 3.830 AUD. The price has increased by +0.79% since the last closing and was between 3.780 AUD and 3.900 AUD. This implies that the price is at +1.32% from its lowest and at -1.79% from its highest.3.780
3.900
3.830
The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.
Bullish opening
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EMERALD RESOURCES NL:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in Daily of this EMERALD RESOURCES NL chart shows a slightly bearish trend. 60.71% of the signals given by moving averages are bearish. The overall trend could accelerate as a result of the strong bearish signals from short-term moving averages. The Central Indicators market scanner is currently detecting a bullish signal that could impact this trend:
Bullish price crossover with Moving Average 100
Type : Bullish
Timeframe : Daily
The probability of a further decline is moderate given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:
Support of channel is broken
Type : Bearish
Timeframe : Daily
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 | 3.460 | 3.560 | 3.740 | 3.830 | 4.047 | 4.140 | 4.410 |
| Change (%) | -9.66% | -7.05% | -2.35% | - | +5.67% | +8.09% | +15.14% |
| Change | -0.370 | -0.270 | -0.090 | - | +0.217 | +0.310 | +0.580 |
| Level | Minor | Minor | Major | - | Minor | Intermediate | 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 | 3.653 | 3.717 | 3.773 | 3.837 | 3.893 | 3.957 | 4.013 |
| Camarilla | 3.797 | 3.808 | 3.819 | 3.830 | 3.841 | 3.852 | 3.863 |
| Woodie | 3.650 | 3.715 | 3.770 | 3.835 | 3.890 | 3.955 | 4.010 |
| Fibonacci | 3.717 | 3.763 | 3.791 | 3.837 | 3.883 | 3.911 | 3.957 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.423 | 3.617 | 3.808 | 4.002 | 4.193 | 4.387 | 4.578 |
| Camarilla | 3.894 | 3.929 | 3.965 | 4.000 | 4.035 | 4.071 | 4.106 |
| Woodie | 3.423 | 3.616 | 3.808 | 4.001 | 4.193 | 4.386 | 4.578 |
| Fibonacci | 3.617 | 3.764 | 3.855 | 4.002 | 4.149 | 4.240 | 4.387 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.150 | 3.540 | 3.760 | 4.150 | 4.370 | 4.760 | 4.980 |
| Camarilla | 3.812 | 3.868 | 3.924 | 3.980 | 4.036 | 4.092 | 4.148 |
| Woodie | 3.065 | 3.498 | 3.675 | 4.108 | 4.285 | 4.718 | 4.895 |
| Fibonacci | 3.540 | 3.773 | 3.917 | 4.150 | 4.383 | 4.527 | 4.760 |
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): | 42.50 | |
| MACD (12,26,9): | -0.0250 | |
| Directional Movement: | -4.668 | |
| AROON (14): | -35.714 | |
| DEMA (21): | 3.964 | |
| Parabolic SAR (0,02-0,02-0,2): | 4.149 | |
| Elder Ray (13): | -0.124 | |
| Super Trend (3,10): | 4.284 | |
| Zig ZAG (10): | 3.830 | |
| VORTEX (21): | 0.7990 | |
| Stochastique (14,3,5): | 9.06 | |
| TEMA (21): | 3.899 | |
| Williams %R (14): | -87.95 | |
| Chande Momentum Oscillator (20): | -0.190 | |
| Repulse (5,40,3): | -1.1800 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.0060 | |
| Courbe Coppock: | 1.09 |
| MA7: | 3.977 | |
| MA20: | 3.982 | |
| MA50: | 3.978 | |
| MA100: | 3.808 | |
| MAexp7: | 3.923 | |
| MAexp20: | 3.982 | |
| MAexp50: | 3.948 | |
| MAexp100: | 3.880 | |
| Price / MA7: | -3.70% | |
| Price / MA20: | -3.82% | |
| Price / MA50: | -3.72% | |
| Price / MA100: | +0.58% | |
| Price / MAexp7: | -2.37% | |
| Price / MAexp20: | -3.82% | |
| Price / MAexp50: | -2.99% | |
| Price / MAexp100: | -1.29% |
Quotes :
-
End-of-day data
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Australia Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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