CORE LITHIUM LTD - Weekly - Technical analysis published on 03/04/2025 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
11%
44%
44%
My opinion
Bearish under 0.100 AUD
My targets
0.082 AUD (-4.30%)
0.078 AUD (-9.65%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on CORE LITHIUM LTD as long as the price remains well below 0.100 AUD. The sellers' bearish objective is set at 0.082 AUD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 0.078 AUD. In case of crossing, the next objective would be the support located at 0.071 AUD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
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
7.1
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This analysis was given by stevejn23.
Additional analysis
Quotes
CORE LITHIUM LTD rating 0.086 AUD. Over 5 days, this instrument gained +0.00% and has been traded over the last 5 days between 0.084 AUD and 0.092 AUD. This implies that the 5 day price is +2.38% from its lowest point and -6.52% from its highest point.0.084
0.092
0.086
A study of price movements over other periods shows the following variations:
Near a new LOW record (1st january)
Type : Bearish
Timeframe : Weekly
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Weekly chart of CORE LITHIUM LTD indicates that the overall trend is strongly bearish. The signals given by moving averages are 92.86% bearish. This strong bearish trend is confirmed by the strong signals currently being given by short-term moving averages. 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. The Central Indicators scanner found no further results concerning independent technical indicators.
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal support is broken
Type : Bearish
Timeframe : Weekly
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
R1
R2
R3
Price
Price | R1 | R2 | R3 | |
---|---|---|---|---|
ProTrendLines | 0.086 | 0.138 | 0.468 | 0.760 |
Change (%) | - | +60.47% | +444.19% | +783.72% |
Change | - | +0.052 | +0.382 | +0.674 |
Level | - | Intermediate | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.083 | 0.084 | 0.085 | 0.086 | 0.087 | 0.088 | 0.089 |
Camarilla | 0.086 | 0.086 | 0.086 | 0.086 | 0.086 | 0.086 | 0.087 |
Woodie | 0.083 | 0.084 | 0.085 | 0.086 | 0.087 | 0.088 | 0.089 |
Fibonacci | 0.084 | 0.085 | 0.085 | 0.086 | 0.087 | 0.087 | 0.088 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.075 | 0.080 | 0.083 | 0.088 | 0.091 | 0.096 | 0.099 |
Camarilla | 0.085 | 0.086 | 0.086 | 0.087 | 0.088 | 0.089 | 0.089 |
Woodie | 0.075 | 0.080 | 0.083 | 0.088 | 0.091 | 0.096 | 0.099 |
Fibonacci | 0.080 | 0.083 | 0.085 | 0.088 | 0.091 | 0.093 | 0.096 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.071 | 0.078 | 0.082 | 0.089 | 0.093 | 0.100 | 0.104 |
Camarilla | 0.084 | 0.085 | 0.086 | 0.087 | 0.088 | 0.089 | 0.090 |
Woodie | 0.071 | 0.077 | 0.082 | 0.088 | 0.093 | 0.099 | 0.104 |
Fibonacci | 0.078 | 0.082 | 0.085 | 0.089 | 0.093 | 0.096 | 0.100 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 38.81 | |
MACD (12,26,9): | -0.0090 | |
Directional Movement: | 4.999 | |
AROON (14): | 35.714 | |
DEMA (21): | 0.080 | |
Parabolic SAR (0,02-0,02-0,2): | 0.099 | |
Elder Ray (13): | -0.004 | |
Super Trend (3,10): | 0.114 | |
Zig ZAG (10): | 0.086 | |
VORTEX (21): | 0.8320 | |
Stochastique (14,3,5): | 26.90 | |
TEMA (21): | 0.093 | |
Williams %R (14): | -75.44 | |
Chande Momentum Oscillator (20): | 0.000 | |
Repulse (5,40,3): | -5.0320 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -1.1610 | |
Courbe Coppock: | 17.35 |
MA7: | 0.087 | |
MA20: | 0.088 | |
MA50: | 0.089 | |
MA100: | 0.095 | |
MAexp7: | 0.088 | |
MAexp20: | 0.093 | |
MAexp50: | 0.148 | |
MAexp100: | 0.285 | |
Price / MA7: | -1.15% | |
Price / MA20: | -2.27% | |
Price / MA50: | -3.37% | |
Price / MA100: | -9.47% | |
Price / MAexp7: | -2.27% | |
Price / MAexp20: | -7.53% | |
Price / MAexp50: | -41.89% | |
Price / MAexp100: | -69.82% |
Quotes :
-
End-of-day data
-
Australia Stocks
News
The last news published on CORE LITHIUM LTD at the time of the generation of this analysis was as follows:
- Core Exploration Ltd (CXO.AX) Change of Company Name - Core Lithium Ltd
- Core Exploration Ltd (CXO.AX) New Lithium Intersections at Lees-Booths Link Prospect
- Core Exploration Ltd (CXO.AX) 2018 AGM Chairman's Address
- Core Exploration Ltd (CXO.AX) Over 50% Increase in BP33 Lithium Resource to Boost DFS
- Core Exploration Ltd (CXO.AX) Exploration Further Boosts Finniss Lithium Project Potential
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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