CORE LITHIUM LTD
CORE LITHIUM LTD
- AUD (-)
- End-of-day data - Australia Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: CXO
ISIN: AU000000CXO2

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:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

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:

Central Patterns

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


PriceR1R2R3
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
Standard0.0830.0840.0850.0860.0870.0880.089
Camarilla0.0860.0860.0860.0860.0860.0860.087
Woodie0.0830.0840.0850.0860.0870.0880.089
Fibonacci0.0840.0850.0850.0860.0870.0870.088


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0750.0800.0830.0880.0910.0960.099
Camarilla0.0850.0860.0860.0870.0880.0890.089
Woodie0.0750.0800.0830.0880.0910.0960.099
Fibonacci0.0800.0830.0850.0880.0910.0930.096


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0710.0780.0820.0890.0930.1000.104
Camarilla0.0840.0850.0860.0870.0880.0890.090
Woodie0.0710.0770.0820.0880.0930.0990.104
Fibonacci0.0780.0820.0850.0890.0930.0960.100

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

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

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