LTR PHARMA LIMITED - Daily - Technical analysis published on 12/24/2024 (GMT)
- 64
- 0
- Timeframe : Daily
- - Analysis generated on
- Status : IN PROGRESS...
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
22%
61%
17%
My opinion
Bearish under
My targets
()
()
My analysis
The bearish trend is currently very strong for LTR PHARMA LIMITED. As long as the price remains below the resistance at , you could try to take advantage of the bearish rally. The first bearish objective is located at . The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at as an objective. Crossing it would then enable sellers to target . Be careful, given the powerful bearish rally underway, excesses could lead to a short-term rebound. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
6.3
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This analysis was given by stevejn23.
Additional analysis
Quotes
The LTR PHARMA LIMITED rating is 0.840 AUD. On the day, this instrument gained +0.00% and was traded between 0.830 AUD and 0.858 AUD over the period. The price is currently at +1.20% from its lowest and -2.10% from its highest.0.830
0.858
0.840
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of LTR PHARMA LIMITED indicates that the overall trend is strongly bearish. 82.14% of the signals given by moving averages are bearish. This strongly bearish trend is supported by the strong bearish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.
On the 18 technical indicators analysed, 4 are bullish, 3 are neutral and 11 are bearish. Caution: the Central Indicators scanner currently detects an excess:
RSI indicator is oversold : under 30
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
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
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
ProTrendLines | 0.257 | 0.500 | 0.675 | 0.840 | 0.913 | 1.170 | 1.560 |
Change (%) | -69.40% | -40.48% | -19.64% | - | +8.69% | +39.29% | +85.71% |
Change | -0.583 | -0.340 | -0.165 | - | +0.073 | +0.330 | +0.720 |
Level | Minor | Minor | Major | - | Intermediate | Intermediate | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.801 | 0.815 | 0.828 | 0.842 | 0.855 | 0.869 | 0.882 |
Camarilla | 0.833 | 0.835 | 0.838 | 0.840 | 0.843 | 0.845 | 0.847 |
Woodie | 0.800 | 0.815 | 0.827 | 0.842 | 0.854 | 0.869 | 0.881 |
Fibonacci | 0.815 | 0.826 | 0.832 | 0.842 | 0.853 | 0.859 | 0.869 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.693 | 0.747 | 0.793 | 0.847 | 0.893 | 0.947 | 0.993 |
Camarilla | 0.813 | 0.822 | 0.831 | 0.840 | 0.849 | 0.858 | 0.868 |
Woodie | 0.690 | 0.745 | 0.790 | 0.845 | 0.890 | 0.945 | 0.990 |
Fibonacci | 0.747 | 0.785 | 0.809 | 0.847 | 0.885 | 0.909 | 0.947 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 0.583 | 0.867 | 1.063 | 1.347 | 1.543 | 1.827 | 2.023 |
Camarilla | 1.128 | 1.172 | 1.216 | 1.260 | 1.304 | 1.348 | 1.392 |
Woodie | 0.540 | 0.845 | 1.020 | 1.325 | 1.500 | 1.805 | 1.980 |
Fibonacci | 0.867 | 1.050 | 1.163 | 1.347 | 1.530 | 1.643 | 1.827 |
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): | 26.45 | |
MACD (12,26,9): | -0.1340 | |
Directional Movement: | -22.415 | |
AROON (14): | -78.571 | |
DEMA (21): | 0.825 | |
Parabolic SAR (0,02-0,02-0,2): | 0.908 | |
Elder Ray (13): | -0.086 | |
Super Trend (3,10): | 1.039 | |
Zig ZAG (10): | 0.840 | |
VORTEX (21): | 0.7110 | |
Stochastique (14,3,5): | 9.12 | |
TEMA (21): | 0.785 | |
Williams %R (14): | -91.58 | |
Chande Momentum Oscillator (20): | -0.330 | |
Repulse (5,40,3): | -4.6970 | |
ROCnROLL: | 2 | |
TRIX (15,9): | -1.4610 | |
Courbe Coppock: | 58.98 |
MA7: | 0.844 | |
MA20: | 1.028 | |
MA50: | 1.257 | |
MA100: | 1.411 | |
MAexp7: | 0.866 | |
MAexp20: | 0.999 | |
MAexp50: | 1.189 | |
MAexp100: | 1.215 | |
Price / MA7: | -0.47% | |
Price / MA20: | -18.29% | |
Price / MA50: | -33.17% | |
Price / MA100: | -40.47% | |
Price / MAexp7: | -3.00% | |
Price / MAexp20: | -15.92% | |
Price / MAexp50: | -29.35% | |
Price / MAexp100: | -30.86% |
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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