EVOLUTION MINING LIMITED

- AUD (-)

- End-of-day data - Australia Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	EVN
ISIN:	AU000000EVN4

EVOLUTION MINING LIMITED - Daily - Technical analysis published on 03/14/2025 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 6.449 AUD

My targets

6.870 AUD (+1.63%)

7.310 AUD (+8.14%)

My analysis

EVOLUTION MINING LIMITED is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 6.449 AUD. The next resistance located at 6.870 AUD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. The bullish movement could then continue towards the next resistance located at 7.310 AUD. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.

In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

7.9

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 stevejn23. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The EVOLUTION MINING LIMITED price is 6.760 AUD. The price registered an increase of +4.64% on the session with the lowest point at 6.570 AUD and the highest point at 6.830 AUD. The deviation from the price is +2.89% for the low point and -1.02% for the high point.

6.570

6.830

6.760

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The study of the highest / lowest by the Central Records scanner shows the following results:

New HIGH record (5 years)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

A technical analysis in Daily of this EVOLUTION MINING LIMITED chart shows a strongly bullish trend. The signals given by the moving averages are 92.86% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish trend reversal : Moving Average 20

Type : Bullish

Timeframe : Daily

An assessment of technical indicators shows a moderate bullish signal.
Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 2 (Daily)

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3 (Daily)

Type : Neutral

Timeframe : Daily

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

Aroon indicator bullish trend

Type : Bullish

Timeframe : Daily

Pivot points : price is over resistance 2 (Weekly)

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 2 (Monthly)

Type : Neutral

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:

Upside gap

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price
ProTrendLines	4.493	5.457	6.449	6.760
Change (%)	-33.54%	-19.28%	-4.60%	-
Change	-2.267	-1.303	-0.311	-
Level	Intermediate	Major	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	6.350	6.460	6.610	6.720	6.870	6.980	7.130
Camarilla	6.689	6.712	6.736	6.760	6.784	6.808	6.832
Woodie	6.370	6.470	6.630	6.730	6.890	6.990	7.150
Fibonacci	6.460	6.559	6.621	6.720	6.819	6.881	6.980

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	5.433	5.727	6.243	6.537	7.053	7.347	7.863
Camarilla	6.537	6.612	6.686	6.760	6.834	6.909	6.983
Woodie	5.545	5.783	6.355	6.593	7.165	7.403	7.975
Fibonacci	5.727	6.036	6.227	6.537	6.846	7.037	7.347

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	4.820	5.210	5.650	6.040	6.480	6.870	7.310
Camarilla	5.862	5.938	6.014	6.090	6.166	6.242	6.318
Woodie	4.845	5.223	5.675	6.053	6.505	6.883	7.335
Fibonacci	5.210	5.527	5.723	6.040	6.357	6.553	6.870

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):	66.45
MACD (12,26,9):	0.1520
Directional Movement:	17.614
AROON (14):	21.429
DEMA (21):	6.485
Parabolic SAR (0,02-0,02-0,2):	6.020
Elder Ray (13):	0.353
Super Trend (3,10):	6.028
Zig ZAG (10):	6.760
VORTEX (21):	0.9700
Stochastique (14,3,5):	70.84
TEMA (21):	6.459
Williams %R (14):	-8.64
Chande Momentum Oscillator (20):	0.550
Repulse (5,40,3):	3.4530
ROCnROLL:	1
TRIX (15,9):	0.3620
Courbe Coppock:	3.62

MA7:	6.389
MA20:	6.298
MA50:	5.884
MA100:	5.437
MAexp7:	6.422
MAexp20:	6.273
MAexp50:	5.939
MAexp100:	5.521
Price / MA7:	+5.81%
Price / MA20:	+7.34%
Price / MA50:	+14.89%
Price / MA100:	+24.33%
Price / MAexp7:	+5.26%
Price / MAexp20:	+7.76%
Price / MAexp50:	+13.82%
Price / MAexp100:	+22.44%

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

News

The last news published on EVOLUTION MINING LIMITED at the time of the generation of this analysis was as follows:

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

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