DRONESHIELD LIMITED
DRONESHIELD LIMITED
- AUD (-)
- End-of-day data - Australia Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DRO
ISIN: AU000000DRO2

DRONESHIELD LIMITED - Weekly - Technical analysis published on 02/26/2023 (GMT)

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  • Timeframe : Weekly
  • - Analysis generated on
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
83%
0%
17%
My opinion
Bullish above 0.332 AUD
My targets
0.400 AUD (+14.29%)
0.440 AUD (+25.71%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DRONESHIELD LIMITED as long as the price remains well above 0.332 AUD. The buyers' bullish objective is set at 0.400 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.440 AUD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
8.8

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:
Daily

Additional analysis

Quotes

The DRONESHIELD LIMITED rating is 0.350 AUD. The price is up +12.90% over 5 days and has been traded over the last 5 days between 0.310 AUD and 0.358 AUD. This implies that the 5 day price is +12.90% from its lowest point and -2.10% from its highest point.

0.310
0.358
0.350

So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Volumes scanner notes the presence of abnormal volumes:

Central Volumes

Abnormal volumes

Timeframe : 5 days


Abnormal volumes

Timeframe : 20 days


Abnormal volumes

Timeframe : 50 days

Technical


Technical analysis of DRONESHIELD LIMITED in Weekly shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

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

Central Indicators

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Weekly

Central Indicators, the detector scanner for these technical indicators recently detected a signal:

Central Indicators

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly



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

Central Patterns

Horizontal support is broken

Type : Bearish

Timeframe : Weekly



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S3
S2
S1
R1
R2
Price


S3S2S1PriceR1R2
ProTrendLines 0.228 0.294 0.345 0.350 0.400 0.440
Change (%) -34.86% -16.00% -1.43% - +14.29% +25.71%
Change -0.122 -0.056 -0.005 - +0.050 +0.090
Level Intermediate Major Intermediate - Minor 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
Standard0.2990.3120.3310.3440.3630.3760.395
Camarilla0.3410.3440.3470.3500.3530.3560.359
Woodie0.3020.3140.3340.3460.3660.3780.398
Fibonacci0.3120.3240.3320.3440.3560.3640.376


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.2530.2770.2930.3170.3330.3570.373
Camarilla0.2990.3030.3060.3100.3140.3170.321
Woodie0.2500.2750.2900.3150.3300.3550.370
Fibonacci0.2770.2920.3010.3170.3320.3410.357


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.0380.1270.2430.3320.4480.5370.653
Camarilla0.3040.3220.3410.3600.3790.3980.416
Woodie0.0530.1340.2580.3390.4630.5440.668
Fibonacci0.1270.2050.2530.3320.4100.4580.537

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): 68.60
MACD (12,26,9): 0.0390
Directional Movement: 22.535
AROON (14): 35.715
DEMA (21): 0.310
Parabolic SAR (0,02-0,02-0,2): 0.275
Elder Ray (13): 0.046
Super Trend (3,10): 0.253
Zig ZAG (10): 0.350
VORTEX (21): 1.1800
Stochastique (14,3,5): 60.54
TEMA (21): 0.339
Williams %R (14): -28.57
Chande Momentum Oscillator (20): 0.147
Repulse (5,40,3): 4.0230
ROCnROLL: 1
TRIX (15,9): 1.7710
Courbe Coppock: 122.29
MA7: 0.326
MA20: 0.337
MA50: 0.282
MA100: 0.238
MAexp7: 0.316
MAexp20: 0.266
MAexp50: 0.228
MAexp100: 0.207
Price / MA7: +7.36%
Price / MA20: +3.86%
Price / MA50: +24.11%
Price / MA100: +47.06%
Price / MAexp7: +10.76%
Price / MAexp20: +31.58%
Price / MAexp50: +53.51%
Price / MAexp100: +69.08%

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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