BOTANIX PHARMACEUTICALS LTD

- AUD (-)

- End-of-day data - Australia Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BOT
ISIN:	AU000000BOT2

BOTANIX PHARMACEUTICALS LTD - Weekly - Technical analysis published on 10/09/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

33%

22%

44%

My opinion

Bullish above 0.355 AUD

My targets

0.395 AUD (+6.76%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on BOTANIX PHARMACEUTICALS LTD as long as the price remains well above 0.355 AUD. The buyers' bullish objective is set at 0.395 AUD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

6.4

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 BOTANIX PHARMACEUTICALS LTD rating is 0.370 AUD. Over 5 days, this instrument lost -7.50% with the lowest point at 0.365 AUD and the highest point at 0.390 AUD. The deviation from the price is +1.37% for the low point and -5.13% for the high point.

0.365

0.390

0.370

Here is a more detailed summary of the historical variations registered by BOTANIX PHARMACEUTICALS LTD:

Technical

A technical analysis in Weekly of this BOTANIX PHARMACEUTICALS LTD chart shows a strongly 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 8 are neutral and 4 are bearish. The Central Indicators scanner specialised in technical indicators, has not detected anything further.

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

Near support of channel

Type : Bullish

Timeframe : Weekly

The Central Candlesticks scanner currently notes the presence of this pattern in Japanese candlesticks that could mark the end of the short-term trend currently underway:

Doji

Type : Neutral

Timeframe : Weekly

ProTrendLines

Price

	S3	S2	S1	Price	R1
ProTrendLines	0.094	0.200	0.310	0.370	0.395
Change (%)	-74.59%	-45.95%	-16.22%	-	+6.76%
Change	-0.276	-0.170	-0.060	-	+0.025
Level	Minor	Major	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	0.343	0.357	0.363	0.377	0.383	0.397	0.403
Camarilla	0.365	0.366	0.368	0.370	0.372	0.374	0.376
Woodie	0.340	0.355	0.360	0.375	0.380	0.395	0.400
Fibonacci	0.357	0.364	0.369	0.377	0.384	0.389	0.397

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.317	0.343	0.357	0.383	0.397	0.423	0.437
Camarilla	0.359	0.363	0.366	0.370	0.374	0.377	0.381
Woodie	0.310	0.340	0.350	0.380	0.390	0.420	0.430
Fibonacci	0.343	0.359	0.368	0.383	0.399	0.408	0.423

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.260	0.305	0.355	0.400	0.450	0.495	0.545
Camarilla	0.379	0.388	0.396	0.405	0.414	0.422	0.431
Woodie	0.263	0.306	0.358	0.401	0.453	0.496	0.548
Fibonacci	0.305	0.341	0.364	0.400	0.436	0.459	0.495

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):	58.20
MACD (12,26,9):	0.0360
Directional Movement:	11.163
AROON (14):	71.429
DEMA (21):	0.402
Parabolic SAR (0,02-0,02-0,2):	0.343
Elder Ray (13):	0.009
Super Trend (3,10):	0.303
Zig ZAG (10):	0.370
VORTEX (21):	1.1210
Stochastique (14,3,5):	48.49
TEMA (21):	0.402
Williams %R (14):	-54.55
Chande Momentum Oscillator (20):	0.000
Repulse (5,40,3):	-10.8830
ROCnROLL:	-1
TRIX (15,9):	2.2130
Courbe Coppock:	30.57

MA7:	0.379
MA20:	0.387
MA50:	0.378
MA100:	0.354
MAexp7:	0.378
MAexp20:	0.351
MAexp50:	0.282
MAexp100:	0.217
Price / MA7:	-2.37%
Price / MA20:	-4.39%
Price / MA50:	-2.12%
Price / MA100:	+4.52%
Price / MAexp7:	-2.12%
Price / MAexp20:	+5.41%
Price / MAexp50:	+31.21%
Price / MAexp100:	+70.51%

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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