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 12/24/2024 (GMT)

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Timeframe : Weekly
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

78%

17%

My opinion

Bullish above 0.345 AUD

My targets

0.395 AUD (+3.95%)

0.435 AUD (+14.47%)

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 0.345 AUD. The buyers' bullish objective is set at 0.395 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.435 AUD. 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 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

8.4

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

BOTANIX PHARMACEUTICALS LTD rating 0.380 AUD. Over 5 days, this instrument gained +0.00% with the lowest point at 0.360 AUD and the highest point at 0.395 AUD. The deviation from the price is +5.56% for the low point and -3.80% for the high point.

0.360

0.395

0.380

A study of price movements over other periods shows the following variations:

Technical

Technical analysis of BOTANIX PHARMACEUTICALS LTD in Weekly shows a strongly overall 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 does not detect any result on moving averages that would impact this trend.

In fact, 14 technical indicators on 18 studied are currently bullish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

Momentum indicator is back over 0

Type : Bullish

Timeframe : Weekly

Williams %R indicator is back over -50

Type : Bullish

Timeframe : Weekly

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

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

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	0.200	0.270	0.310	0.380	0.395	0.435
Change (%)	-47.37%	-28.95%	-18.42%	-	+3.95%	+14.47%
Change	-0.180	-0.110	-0.070	-	+0.015	+0.055
Level	Major	Major	Major	-	Intermediate	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	0.347	0.353	0.367	0.373	0.387	0.393	0.407
Camarilla	0.375	0.376	0.378	0.380	0.382	0.384	0.386
Woodie	0.350	0.355	0.370	0.375	0.390	0.395	0.410
Fibonacci	0.353	0.361	0.366	0.373	0.381	0.386	0.393

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.288	0.322	0.343	0.377	0.398	0.432	0.453
Camarilla	0.350	0.355	0.360	0.365	0.370	0.375	0.380
Woodie	0.283	0.319	0.338	0.374	0.393	0.429	0.448
Fibonacci	0.322	0.343	0.356	0.377	0.398	0.411	0.432

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.255	0.280	0.320	0.345	0.385	0.410	0.450
Camarilla	0.342	0.348	0.354	0.360	0.366	0.372	0.378
Woodie	0.263	0.284	0.328	0.349	0.393	0.414	0.458
Fibonacci	0.280	0.305	0.320	0.345	0.370	0.385	0.410

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):	59.09
MACD (12,26,9):	0.0140
Directional Movement:	9.753
AROON (14):	-64.286
DEMA (21):	0.374
Parabolic SAR (0,02-0,02-0,2):	0.307
Elder Ray (13):	0.012
Super Trend (3,10):	0.303
Zig ZAG (10):	0.380
VORTEX (21):	1.0000
Stochastique (14,3,5):	55.29
TEMA (21):	0.360
Williams %R (14):	-28.57
Chande Momentum Oscillator (20):	0.010
Repulse (5,40,3):	4.8860
ROCnROLL:	1
TRIX (15,9):	0.7380
Courbe Coppock:	13.54

MA7:	0.379
MA20:	0.365
MA50:	0.345
MA100:	0.362
MAexp7:	0.362
MAexp20:	0.352
MAexp50:	0.306
MAexp100:	0.243
Price / MA7:	+0.26%
Price / MA20:	+4.11%
Price / MA50:	+10.14%
Price / MA100:	+4.97%
Price / MAexp7:	+4.97%
Price / MAexp20:	+7.95%
Price / MAexp50:	+24.18%
Price / MAexp100:	+56.38%

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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