BREVILLE GROUP LIMITED - Daily - Technical analysis published on 11/06/2021 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Bullish
Technical indicators
72%
0%
28%
My opinion
Bullish above 29.320 AUD
My targets
31.350 AUD (+2.99%)
32.673 AUD (+7.34%)
My analysis
In the short term, there could be an acceleration of the basic bullish trend on BREVILLE GROUP LIMITED. This is a positive signal for buyers. As long as the price remains above 29.320 AUD, a purchase could be considered. The first bullish objective is located at 31.350 AUD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 32.673 AUD as an objective. Crossing it would then enable buyers to target 33.350 AUD. In the event of a return below 29.320 AUD, the price would probably only initiate a small short-term correction to improve the bullish trend. Trading this correction may be risky.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
5.5
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This analysis was given by knhassan. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
BREVILLE GROUP LIMITED rating 30.440 AUD. The price registered an increase of +1.13% on the session and was traded between 30.140 AUD and 30.620 AUD over the period. The price is currently at +1.00% from its lowest and -0.59% from its highest.30.140
30.620
30.440
The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of BREVILLE GROUP LIMITED indicates that the overall trend is bullish. 64.29% of the signals given by moving averages are bullish. The overall trend is reinforced by the strong bullish signals from short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish price crossover with adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish price crossover with adaptative moving average 100
Type : Bullish
Timeframe : Daily
Technical indicators are strongly bullish, suggesting that the price increase should continue.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Daily
Pivot points : price is over resistance 1
Type : Neutral
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 26.808 | 28.047 | 29.320 | 30.440 | 31.350 | 32.673 | 33.350 |
| Change (%) | -11.93% | -7.86% | -3.68% | - | +2.99% | +7.34% | +9.56% |
| Change | -3.632 | -2.393 | -1.120 | - | +0.910 | +2.233 | +2.910 |
| Level | Intermediate | Intermediate | Intermediate | - | Major | Intermediate | Major |
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 | 29.700 | 29.920 | 30.180 | 30.400 | 30.660 | 30.880 | 31.140 |
| Camarilla | 30.308 | 30.352 | 30.396 | 30.440 | 30.484 | 30.528 | 30.572 |
| Woodie | 29.720 | 29.930 | 30.200 | 30.410 | 30.680 | 30.890 | 31.160 |
| Fibonacci | 29.920 | 30.103 | 30.217 | 30.400 | 30.583 | 30.697 | 30.880 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 28.367 | 28.853 | 29.647 | 30.133 | 30.927 | 31.413 | 32.207 |
| Camarilla | 30.088 | 30.205 | 30.323 | 30.440 | 30.557 | 30.675 | 30.792 |
| Woodie | 28.520 | 28.930 | 29.800 | 30.210 | 31.080 | 31.490 | 32.360 |
| Fibonacci | 28.853 | 29.342 | 29.644 | 30.133 | 30.622 | 30.924 | 31.413 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 22.840 | 24.690 | 27.000 | 28.850 | 31.160 | 33.010 | 35.320 |
| Camarilla | 28.166 | 28.547 | 28.929 | 29.310 | 29.691 | 30.073 | 30.454 |
| Woodie | 23.070 | 24.805 | 27.230 | 28.965 | 31.390 | 33.125 | 35.550 |
| Fibonacci | 24.690 | 26.279 | 27.261 | 28.850 | 30.439 | 31.421 | 33.010 |
Numerical data
The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:
Technical indicators
Moving averages
| RSI (14): | 60.97 | |
| MACD (12,26,9): | 0.2070 | |
| Directional Movement: | 11.580 | |
| AROON (14): | 21.428 | |
| DEMA (21): | 29.349 | |
| Parabolic SAR (0,02-0,02-0,2): | 29.410 | |
| Elder Ray (13): | 0.650 | |
| Super Trend (3,10): | 27.935 | |
| Zig ZAG (10): | 30.100 | |
| VORTEX (21): | 1.1690 | |
| Stochastique (14,3,5): | 66.65 | |
| TEMA (21): | 29.920 | |
| Williams %R (14): | -23.44 | |
| Chande Momentum Oscillator (20): | 1.250 | |
| Repulse (5,40,3): | -0.5930 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.0040 | |
| Courbe Coppock: | 12.69 |
| MA7: | 29.627 | |
| MA20: | 28.813 | |
| MA50: | 29.564 | |
| MA100: | 30.397 | |
| MAexp7: | 29.652 | |
| MAexp20: | 29.223 | |
| MAexp50: | 29.465 | |
| MAexp100: | 29.559 | |
| Price / MA7: | +2.74% | |
| Price / MA20: | +5.65% | |
| Price / MA50: | +2.96% | |
| Price / MA100: | +0.14% | |
| Price / MAexp7: | +2.66% | |
| Price / MAexp20: | +4.16% | |
| Price / MAexp50: | +3.31% | |
| Price / MAexp100: | +2.98% |
Quotes :
-
End-of-day data
-
Australia Stocks
News
The last news published on BREVILLE GROUP LIMITED at the time of the generation of this analysis was as follows:
This member declared not having a position on this financial instrument or a related financial instrument.
About author
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