D/B/A SIBANYE-STILLWATER - Daily - Technical analysis published on 03/10/2023 (GMT)
- 110
- 0
I am pleased to note that the threshold for invalidation has been maintained for 20 Candlesticks.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : LEVEL MAINTAINED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Strongly bearish
Technical indicators
33%
33%
33%
My opinion
Bearish under 8.69 USD
My targets
7.06 USD (-15.45%)
6.02 USD (-27.90%)
My analysis
D/B/A SIBANYE-STILLWATER is part of a very strong bearish trend. Traders may consider trading only short positions (for sale) as long as the price remains well below 8.69 USD. The next support located at 7.06 USD is the next bearish objective to target. A bearish break of this support would revive the bearish momentum. The bearish movement could then continue towards the next support located at 6.02 USD. Below this support, sellers could then target 5.10 USD. With the current pattern, you will need to monitor for possible bearish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bearish trend. Trying to profit from the purchase of these possible corrections may seem risky.
Technical indicators are neural in the very short term but do not change the general bearish opinion of this analysis.
Force
0
10
6.1
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 AleksanderTheGreat. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The D/B/A SIBANYE-STILLWATER price is 8.35 USD. On the day, this instrument gained +2.96% with the lowest point at 8.30 USD and the highest point at 8.59 USD. The deviation from the price is +0.60% for the low point and -2.79% for the high point.8.30
8.59
8.35
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
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Technical
Technical analysis of this Daily chart of D/B/A SIBANYE-STILLWATER indicates that the overall trend is strongly bearish. 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 detects bullish and bearish signals on moving averages that could impact this trend:
Moving Average bearish crossovers : MA50 & MA100
Type : Bearish
Timeframe : Daily
Bullish price crossover with adaptative moving average 20
Type : Bullish
Timeframe : Daily
On the 18 technical indicators analysed, 6 are bullish, 6 are neutral and 6 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
Pivot points : price is over resistance 3
Type : Neutral
Timeframe : Daily
Parabolic SAR indicator bullish reversal
Type : Bullish
Timeframe : Daily
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Williams %R indicator is back over -50
Type : Bullish
Timeframe : Daily
The analysis of the price chart with Central Patterns scanners does not return any result.
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Upside gap
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 1.78 | 3.23 | 5.10 | 8.35 | 8.69 | 10.21 | 10.90 |
| Change (%) | -78.68% | -61.32% | -38.92% | - | +4.07% | +22.28% | +30.54% |
| Change | -6.57 | -5.12 | -3.25 | - | +0.34 | +1.86 | +2.55 |
| Level | Minor | Major | Intermediate | - | Major | Major | Intermediate |
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 | 7.92 | 7.99 | 8.05 | 8.12 | 8.18 | 8.25 | 8.31 |
| Camarilla | 8.07 | 8.09 | 8.10 | 8.11 | 8.12 | 8.13 | 8.15 |
| Woodie | 7.92 | 7.99 | 8.05 | 8.12 | 8.18 | 8.25 | 8.31 |
| Fibonacci | 7.99 | 8.04 | 8.07 | 8.12 | 8.17 | 8.20 | 8.25 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.63 | 7.83 | 8.14 | 8.34 | 8.65 | 8.85 | 9.16 |
| Camarilla | 8.32 | 8.37 | 8.41 | 8.46 | 8.51 | 8.55 | 8.60 |
| Woodie | 7.70 | 7.86 | 8.21 | 8.37 | 8.72 | 8.88 | 9.23 |
| Fibonacci | 7.83 | 8.02 | 8.14 | 8.34 | 8.53 | 8.65 | 8.85 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.01 | 6.02 | 7.06 | 9.07 | 10.11 | 12.12 | 13.16 |
| Camarilla | 7.26 | 7.54 | 7.82 | 8.10 | 8.38 | 8.66 | 8.94 |
| Woodie | 3.53 | 5.78 | 6.58 | 8.83 | 9.63 | 11.88 | 12.68 |
| Fibonacci | 6.02 | 7.19 | 7.91 | 9.07 | 10.24 | 10.96 | 12.12 |
Numerical data
The following are the details of the technical indicators and moving averages that were collected to generate this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 37.91 | |
| MACD (12,26,9): | -0.6000 | |
| Directional Movement: | -9.06 | |
| AROON (14): | -78.57 | |
| DEMA (21): | 7.92 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.82 | |
| Elder Ray (13): | 0.03 | |
| Super Trend (3,10): | 8.94 | |
| Zig ZAG (10): | 8.41 | |
| VORTEX (21): | 0.5800 | |
| Stochastique (14,3,5): | 31.09 | |
| TEMA (21): | 7.75 | |
| Williams %R (14): | -37.10 | |
| Chande Momentum Oscillator (20): | -0.19 | |
| Repulse (5,40,3): | -0.5900 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.9800 | |
| Courbe Coppock: | 25.93 |
| MA7: | 8.17 | |
| MA20: | 8.69 | |
| MA50: | 10.17 | |
| MA100: | 10.19 | |
| MAexp7: | 8.22 | |
| MAexp20: | 8.73 | |
| MAexp50: | 9.57 | |
| MAexp100: | 10.02 | |
| Price / MA7: | +2.20% | |
| Price / MA20: | -3.91% | |
| Price / MA50: | -17.90% | |
| Price / MA100: | -18.06% | |
| Price / MAexp7: | +1.58% | |
| Price / MAexp20: | -4.35% | |
| Price / MAexp50: | -12.75% | |
| Price / MAexp100: | -16.67% |
Quotes :
-
15 min delayed data
-
NYSE Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
About author
Online
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 D/B/A SIBANYE-STILLWATER - Daily