D/B/A SIBANYE-STILLWATER - 1H - Technical analysis published on 02/23/2023 (GMT)
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- Timeframe : 1H
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
39%
28%
My opinion
Bearish under 8.69 USD
My targets
8.18 USD (-4.85%)
7.99 USD (-7.13%)
My analysis
All elements being clearly bearish, it would be possible for traders to trade only short positions (for sale) on D/B/A SIBANYE-STILLWATER as long as the price remains well below 8.69 USD. The sellers' bearish objective is set at 8.18 USD. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 7.99 USD. In case of crossing, the next objective would be the support located at 5.10 USD. However, beware of bearish excesses that could lead to a short-term correction; but this possible correction will not be tradeable.
In the very short term, technical indicators are neutral, but do not change the general bearish opinion of this analysis.
Force
0
10
6.3
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This analysis was given by AleksanderTheGreat. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The D/B/A SIBANYE-STILLWATER rating is 8.60 USD. The price is lower by -1.26% since the last closing with the lowest point at 8.39 USD and the highest point at 8.65 USD. The deviation from the price is +2.50% for the low point and -0.58% for the high point.8.39
8.65
8.60
The Central Gaps scanner detects a bearish gap which is a sign that the sellers have taken the lead in the very short term.
Opening Gap DOWN
Type : Bearish
Timeframe : Openning
A study of price movements over other periods shows the following variations:
Near a new LOW record (1 year)
Type : Bearish
Timeframe : Weekly
New LOW record (1st january)
Type : Bearish
Timeframe : Weekly
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
A technical analysis in 1H of this D/B/A SIBANYE-STILLWATER chart shows a sharp bearish trend. 92.86% 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
In fact, of the 18 technical indicators analysed by Central Analyzer, 6 are bullish, 5 are neutral and 7 are bearish. Central Indicators, the scanner specialised in technical indicators, has identified these signals:
Pivot points : price is under support 3
Type : Neutral
Timeframe : Weekly
MACD crosses UP its Moving Average
Type : Bullish
Timeframe : 1 hour
Williams %R indicator is back over -50
Type : Bullish
Timeframe : 1 hour
Central Patterns, the scanner specializing in chart patterns, did not identify any signals.
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 | 1.78 | 3.23 | 5.10 | 8.60 | 8.69 | 9.74 | 10.68 |
| Change (%) | -79.30% | -62.44% | -40.70% | - | +1.05% | +13.26% | +24.19% |
| Change | -6.82 | -5.37 | -3.50 | - | +0.09 | +1.14 | +2.08 |
| Level | Minor | Major | Intermediate | - | Major | Intermediate | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.18 | 8.29 | 8.44 | 8.55 | 8.70 | 8.81 | 8.96 |
| Camarilla | 8.53 | 8.55 | 8.58 | 8.60 | 8.62 | 8.65 | 8.67 |
| Woodie | 8.21 | 8.30 | 8.47 | 8.56 | 8.73 | 8.82 | 8.99 |
| Fibonacci | 8.29 | 8.39 | 8.45 | 8.55 | 8.65 | 8.71 | 8.81 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.18 | 8.67 | 8.99 | 9.48 | 9.80 | 10.29 | 10.61 |
| Camarilla | 9.10 | 9.17 | 9.25 | 9.32 | 9.39 | 9.47 | 9.54 |
| Woodie | 8.11 | 8.63 | 8.92 | 9.44 | 9.73 | 10.25 | 10.54 |
| Fibonacci | 8.67 | 8.98 | 9.17 | 9.48 | 9.79 | 9.98 | 10.29 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.99 | 9.21 | 9.99 | 11.21 | 11.99 | 13.21 | 13.99 |
| Camarilla | 10.21 | 10.39 | 10.58 | 10.76 | 10.94 | 11.13 | 11.31 |
| Woodie | 7.76 | 9.10 | 9.76 | 11.10 | 11.76 | 13.10 | 13.76 |
| Fibonacci | 9.21 | 9.98 | 10.45 | 11.21 | 11.98 | 12.45 | 13.21 |
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): | 35.94 | |
| MACD (12,26,9): | -0.2400 | |
| Directional Movement: | -26.11 | |
| AROON (14): | -57.14 | |
| DEMA (21): | 8.47 | |
| Parabolic SAR (0,02-0,02-0,2): | 9.04 | |
| Elder Ray (13): | -0.12 | |
| Super Trend (3,10): | 8.93 | |
| Zig ZAG (10): | 8.61 | |
| VORTEX (21): | 0.9300 | |
| Stochastique (14,3,5): | 28.28 | |
| TEMA (21): | 8.43 | |
| Williams %R (14): | -40.28 | |
| Chande Momentum Oscillator (20): | -0.07 | |
| Repulse (5,40,3): | 1.1300 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.3900 | |
| Courbe Coppock: | 12.68 |
| MA7: | 9.32 | |
| MA20: | 10.14 | |
| MA50: | 10.73 | |
| MA100: | 10.36 | |
| MAexp7: | 8.58 | |
| MAexp20: | 8.79 | |
| MAexp50: | 9.21 | |
| MAexp100: | 9.68 | |
| Price / MA7: | -7.73% | |
| Price / MA20: | -15.19% | |
| Price / MA50: | -19.85% | |
| Price / MA100: | -16.99% | |
| Price / MAexp7: | +0.23% | |
| Price / MAexp20: | -2.16% | |
| Price / MAexp50: | -6.62% | |
| Price / MAexp100: | -11.16% |
Quotes :
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15 min delayed data
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NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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