DEXUS
DEXUS
- AUD (-)
- End-of-day data - Australia Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: DXS
ISIN: AU000000DXS1

DEXUS - Daily - Technical analysis published on 11/06/2021 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
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Summary of the analysis

Trends
Short term: Strongly bullish
Underlying: Strongly bullish
Technical indicators
61%
6%
33%
My opinion
Bullish above 10.792 AUD
My targets
11.490 AUD (+3.33%)
12.240 AUD (+10.07%)
My analysis
The bullish trend is currently very strong on DEXUS. As long as the price remains above the support at 10.792 AUD, you could try to benefit from the boom. The first bullish objective is located at 11.490 AUD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 12.240 AUD as an objective. Crossing it would then enable buyers to target 13.900 AUD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. 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, 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
0
10
7.9

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 knhassan. Take part yourself by sharing additional analysis on another time unit:
Weekly

Additional analysis

Quotes

DEXUS rating 11.120 AUD. The price has increased by +0.63% since the last closing and was between 11.040 AUD and 11.190 AUD. This implies that the price is at +0.72% from its lowest and at -0.63% from its highest.

11.040
11.190
11.120

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


Technical analysis of this Daily chart of DEXUS indicates that the overall trend is strongly bullish. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. There is no crossing of moving average by the price or crossing of moving averages between themselves.

In fact, 11 technical indicators on 18 studied are currently positioned bullish. Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back under the pivot point

Type : Bearish

Timeframe : Daily


Price is back under the pivot point

Type : Bearish

Timeframe : Weekly


Williams %R indicator is back over -50

Type : Bullish

Timeframe : Daily



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

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.


ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 10.170 10.377 10.792 11.120 11.490 12.240 13.900
Change (%) -8.54% -6.68% -2.95% - +3.33% +10.07% +25.00%
Change -0.950 -0.743 -0.328 - +0.370 +1.120 +2.780
Level Intermediate Major Major - Minor Minor 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
Standard10.89310.96711.04311.11711.19311.26711.343
Camarilla11.07911.09311.10611.12011.13411.14811.161
Woodie10.89510.96811.04511.11811.19511.26811.345
Fibonacci10.96711.02411.05911.11711.17411.20911.267


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard10.51010.66010.89011.04011.27011.42011.650
Camarilla11.01611.05011.08511.12011.15511.19011.225
Woodie10.55010.68010.93011.06011.31011.44011.690
Fibonacci10.66010.80510.89511.04011.18511.27511.420


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard9.3479.82310.34710.82311.34711.82312.347
Camarilla10.59510.68710.77810.87010.96211.05311.145
Woodie9.3709.83510.37010.83511.37011.83512.370
Fibonacci9.82310.20510.44110.82311.20511.44111.823

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): 57.67
MACD (12,26,9): 0.0990
Directional Movement: 1.255
AROON (14): 57.143
DEMA (21): 10.995
Parabolic SAR (0,02-0,02-0,2): 11.245
Elder Ray (13): 0.096
Super Trend (3,10): 10.532
Zig ZAG (10): 11.050
VORTEX (21): 1.0630
Stochastique (14,3,5): 55.39
TEMA (21): 11.052
Williams %R (14): -35.71
Chande Momentum Oscillator (20): 0.330
Repulse (5,40,3): -3.2070
ROCnROLL: 1
TRIX (15,9): 0.1150
Courbe Coppock: 8.45
MA7: 10.991
MA20: 10.811
MA50: 10.734
MA100: 10.626
MAexp7: 10.978
MAexp20: 10.874
MAexp50: 10.745
MAexp100: 10.578
Price / MA7: +1.17%
Price / MA20: +2.86%
Price / MA50: +3.60%
Price / MA100: +4.65%
Price / MAexp7: +1.29%
Price / MAexp20: +2.26%
Price / MAexp50: +3.49%
Price / MAexp100: +5.12%

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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