JAMES BAY MINERALS LIMITED - Daily - Technical analysis published on 12/24/2024 (GMT)
- 59
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : IN PROGRESS...
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above
My targets
()
()
My analysis
Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at remains possible. It is advisable to trade JAMES BAY MINERALS LIMITED with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above . The next bullish objective for buyers is set at . A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at . If there is any crossing, the next objective would be the resistance located at . PS: if there is a bearish break in the support located at we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.
In the very short term, the general bullish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bullish direction is still favored, however the current short term bearish correction should be carefully watched.
Force
0
10
2.3
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This analysis was given by stevejn23.
Additional analysis
Quotes
The JAMES BAY MINERALS LIMITED rating is 0.615 AUD. On the day, this instrument gained +2.50% and was between 0.600 AUD and 0.640 AUD. This implies that the price is at +2.50% from its lowest and at -3.91% from its highest.0.600
0.640
0.615
Here is a more detailed summary of the historical variations registered by JAMES BAY MINERALS LIMITED:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this JAMES BAY MINERALS LIMITED chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. There is no crossing of moving average by the price or crossing of moving averages between themselves.
Technical indicators are slightly bearish. There is therefore considerable uncertainty about the continuation of the decline.
Caution: the Central Indicators scanner currently detects an excess:
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
RSI indicator is back over 50
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Daily
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Horizontal resistance is broken
Type : Bullish
Timeframe : Daily
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.235 | 0.415 | 0.610 | 0.615 | 0.705 | 0.860 |
Change (%) | -61.79% | -32.52% | -0.81% | - | +14.63% | +39.84% |
Change | -0.380 | -0.200 | -0.005 | - | +0.090 | +0.245 |
Level | Minor | Intermediate | Minor | - | Minor | Intermediate |
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 | 0.557 | 0.578 | 0.597 | 0.618 | 0.637 | 0.658 | 0.677 |
Camarilla | 0.604 | 0.608 | 0.611 | 0.615 | 0.619 | 0.622 | 0.626 |
Woodie | 0.555 | 0.578 | 0.595 | 0.618 | 0.635 | 0.658 | 0.675 |
Fibonacci | 0.578 | 0.594 | 0.603 | 0.618 | 0.634 | 0.643 | 0.658 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.512 | 0.553 | 0.577 | 0.618 | 0.642 | 0.683 | 0.707 |
Camarilla | 0.582 | 0.588 | 0.594 | 0.600 | 0.606 | 0.612 | 0.618 |
Woodie | 0.503 | 0.549 | 0.568 | 0.614 | 0.633 | 0.679 | 0.698 |
Fibonacci | 0.553 | 0.578 | 0.594 | 0.618 | 0.643 | 0.659 | 0.683 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.063 | 0.231 | 0.450 | 0.618 | 0.837 | 1.005 | 1.224 |
Camarilla | 0.564 | 0.599 | 0.635 | 0.670 | 0.706 | 0.741 | 0.776 |
Woodie | 0.090 | 0.244 | 0.477 | 0.631 | 0.864 | 1.018 | 1.251 |
Fibonacci | 0.231 | 0.379 | 0.470 | 0.618 | 0.766 | 0.857 | 1.005 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
RSI (14): | 50.13 | |
MACD (12,26,9): | 0.0210 | |
Directional Movement: | 12.373 | |
AROON (14): | -42.857 | |
DEMA (21): | 0.670 | |
Parabolic SAR (0,02-0,02-0,2): | 0.891 | |
Elder Ray (13): | -0.017 | |
Super Trend (3,10): | 0.788 | |
Zig ZAG (10): | 0.615 | |
VORTEX (21): | 0.9450 | |
Stochastique (14,3,5): | 6.86 | |
TEMA (21): | 0.634 | |
Williams %R (14): | -92.65 | |
Chande Momentum Oscillator (20): | -0.245 | |
Repulse (5,40,3): | -5.7780 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.9770 | |
Courbe Coppock: | 12.77 |
MA7: | 0.624 | |
MA20: | 0.669 | |
MA50: | 0.554 | |
MA100: | 0.344 | |
MAexp7: | 0.629 | |
MAexp20: | 0.631 | |
MAexp50: | 0.540 | |
MAexp100: | 0.424 | |
Price / MA7: | -1.44% | |
Price / MA20: | -8.07% | |
Price / MA50: | +11.01% | |
Price / MA100: | +78.78% | |
Price / MAexp7: | -2.23% | |
Price / MAexp20: | -2.54% | |
Price / MAexp50: | +13.89% | |
Price / MAexp100: | +45.05% |
Quotes :
-
End-of-day data
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Australia Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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