JAMES BAY MINERALS LIMITED - Daily - Technical analysis published on 12/29/2024 (GMT)
- 85
- 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
1.6
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.
Additional analysis
Quotes
The JAMES BAY MINERALS LIMITED price is 0.605 AUD. On the day, this instrument gained +0.83% and was traded between 0.600 AUD and 0.610 AUD over the period. The price is currently at +0.83% from its lowest and -0.82% from its highest.0.600
0.610
0.605
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:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of this Daily chart of JAMES BAY MINERALS LIMITED indicates that the overall trend is bullish. 71.43% 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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
Price
S3 | S2 | S1 | Price | R1 | R2 | |
---|---|---|---|---|---|---|
ProTrendLines | 0.235 | 0.415 | 0.540 | 0.605 | 0.705 | 0.860 |
Change (%) | -61.16% | -31.40% | -10.74% | - | +16.53% | +42.15% |
Change | -0.370 | -0.190 | -0.065 | - | +0.100 | +0.255 |
Level | Minor | Intermediate | Minor | - | Minor | Intermediate |
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 | 0.590 | 0.595 | 0.600 | 0.605 | 0.610 | 0.615 | 0.620 |
Camarilla | 0.602 | 0.603 | 0.604 | 0.605 | 0.606 | 0.607 | 0.608 |
Woodie | 0.590 | 0.595 | 0.600 | 0.605 | 0.610 | 0.615 | 0.620 |
Fibonacci | 0.595 | 0.599 | 0.601 | 0.605 | 0.609 | 0.611 | 0.615 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.550 | 0.575 | 0.590 | 0.615 | 0.630 | 0.655 | 0.670 |
Camarilla | 0.594 | 0.598 | 0.601 | 0.605 | 0.609 | 0.612 | 0.616 |
Woodie | 0.545 | 0.573 | 0.585 | 0.613 | 0.625 | 0.653 | 0.665 |
Fibonacci | 0.575 | 0.590 | 0.600 | 0.615 | 0.630 | 0.640 | 0.655 |
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): | 49.18 | |
MACD (12,26,9): | 0.0130 | |
Directional Movement: | 13.322 | |
AROON (14): | -42.857 | |
DEMA (21): | 0.654 | |
Parabolic SAR (0,02-0,02-0,2): | 0.879 | |
Elder Ray (13): | -0.023 | |
Super Trend (3,10): | 0.748 | |
Zig ZAG (10): | 0.605 | |
VORTEX (21): | 0.9080 | |
Stochastique (14,3,5): | 5.45 | |
TEMA (21): | 0.615 | |
Williams %R (14): | -93.94 | |
Chande Momentum Oscillator (20): | -0.055 | |
Repulse (5,40,3): | -3.1190 | |
ROCnROLL: | -1 | |
TRIX (15,9): | 0.7410 | |
Courbe Coppock: | 25.39 |
MA7: | 0.620 | |
MA20: | 0.664 | |
MA50: | 0.572 | |
MA100: | 0.353 | |
MAexp7: | 0.617 | |
MAexp20: | 0.626 | |
MAexp50: | 0.545 | |
MAexp100: | 0.431 | |
Price / MA7: | -2.42% | |
Price / MA20: | -8.89% | |
Price / MA50: | +5.77% | |
Price / MA100: | +71.39% | |
Price / MAexp7: | -1.94% | |
Price / MAexp20: | -3.35% | |
Price / MAexp50: | +11.01% | |
Price / MAexp100: | +40.37% |
Quotes :
-
End-of-day data
-
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…
Add a comment
Comments
0 comments on the analysis JAMES BAY MINERALS LIMITED - Daily