EVOLUTION MINING LIMITED - Daily - Technical analysis published on 03/27/2025 (GMT)
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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
78%
6%
17%
My opinion
Bullish above 6.449 AUD
My targets
7.310 AUD (+6.10%)
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 7.310 AUD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. 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, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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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 EVOLUTION MINING LIMITED rating is 6.890 AUD. On the day, this instrument gained +0.00% and was traded between 6.880 AUD and 6.990 AUD over the period. The price is currently at +0.15% from its lowest and -1.43% from its highest.6.880
6.990
6.890
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
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 market scanner currently does not detect any result that concerns moving averages.
In fact, 14 technical indicators on 18 studied are currently positioned bullish. 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
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
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 4.493 | 5.457 | 6.449 | 6.890 |
| Change (%) | -34.79% | -20.80% | -6.40% | - |
| Change | -2.397 | -1.433 | -0.441 | - |
| Level | Intermediate | Major | Major | - |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.740 | 6.810 | 6.850 | 6.920 | 6.960 | 7.030 | 7.070 |
| Camarilla | 6.860 | 6.870 | 6.880 | 6.890 | 6.900 | 6.910 | 6.920 |
| Woodie | 6.725 | 6.803 | 6.835 | 6.913 | 6.945 | 7.023 | 7.055 |
| Fibonacci | 6.810 | 6.852 | 6.878 | 6.920 | 6.962 | 6.988 | 7.030 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.320 | 6.460 | 6.660 | 6.800 | 7.000 | 7.140 | 7.340 |
| Camarilla | 6.767 | 6.798 | 6.829 | 6.860 | 6.891 | 6.922 | 6.954 |
| Woodie | 6.350 | 6.475 | 6.690 | 6.815 | 7.030 | 7.155 | 7.370 |
| Fibonacci | 6.460 | 6.590 | 6.670 | 6.800 | 6.930 | 7.010 | 7.140 |
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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 67.22 | |
| MACD (12,26,9): | 0.2220 | |
| Directional Movement: | 17.410 | |
| AROON (14): | 78.571 | |
| DEMA (21): | 6.871 | |
| Parabolic SAR (0,02-0,02-0,2): | 6.287 | |
| Elder Ray (13): | 0.238 | |
| Super Trend (3,10): | 6.391 | |
| Zig ZAG (10): | 6.890 | |
| VORTEX (21): | 1.0390 | |
| Stochastique (14,3,5): | 90.18 | |
| TEMA (21): | 6.907 | |
| Williams %R (14): | -10.31 | |
| Chande Momentum Oscillator (20): | 0.530 | |
| Repulse (5,40,3): | -0.5230 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.4540 | |
| Courbe Coppock: | 17.63 |
| MA7: | 6.833 | |
| MA20: | 6.519 | |
| MA50: | 6.164 | |
| MA100: | 5.563 | |
| MAexp7: | 6.811 | |
| MAexp20: | 6.582 | |
| MAexp50: | 6.182 | |
| MAexp100: | 5.715 | |
| Price / MA7: | +0.83% | |
| Price / MA20: | +5.69% | |
| Price / MA50: | +11.78% | |
| Price / MA100: | +23.85% | |
| Price / MAexp7: | +1.16% | |
| Price / MAexp20: | +4.68% | |
| Price / MAexp50: | +11.45% | |
| Price / MAexp100: | +20.56% |
Quotes :
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End-of-day data
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Australia Stocks
News
Don't forget to follow the news on EVOLUTION MINING LIMITED. At the time of publication of this analysis, the latest news was as follows:
- Northern Superior and Evolution Mining Enter Earn-in and Joint Venture Agreement on October Gold Property
- Evolution Mining Deploys Aspen Technology Software to Mitigate Unplanned Downtime and Improve Plant Performance
- Battle North Announces the Completion of the Plan of Arrangement with Evolution Mining
- Battle North Obtains Final Order of the Court Approving Arrangement with Evolution Mining
- ISS and Glass Lewis Support the Plan of Arrangement Between Battle North Gold Corporation and Evolution Mining Limited
This member declared not having a position on this financial instrument or a related financial instrument.
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