DEXUS - Daily - Technical analysis published on 09/07/2021 (GMT)
- 363
- 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 bullish
Underlying:
Strongly bullish
Technical indicators
72%
6%
22%
My opinion
Bullish above 10.380 AUD
My targets
11.490 AUD (+7.89%)
12.240 AUD (+14.93%)
My analysis
The bullish trend is currently very strong on DEXUS. As long as the price remains above the support at 10.380 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.
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
7.5
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:
Additional analysis
Quotes
The DEXUS rating is 10.650 AUD. The price registered an increase of +0.09% on the session and was between 10.440 AUD and 10.670 AUD. This implies that the price is at +2.01% from its lowest and at -0.19% from its highest.10.440
10.670
10.650
A bearish gap was detected at the opening by the Central Gaps scanner. There are a lot of sellers and they have the upper hand 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 HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
Near a new HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
Technical
A technical analysis in Daily of this DEXUS chart shows a strongly bullish trend. The signals given by the moving averages are 85.71% bullish. This strong bullish trend is confirmed by the strong signals currently being given by short-term moving averages. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
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:
Price is back over the pivot point
Type : Bullish
Timeframe : Weekly
Price is back under the pivot point
Type : Bearish
Timeframe : Daily
Momentum indicator is back under 0
Type : Bearish
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Near support of triangle
Type : Bullish
Timeframe : Daily
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 | 9.070 | 9.878 | 10.380 | 10.650 | 10.792 | 11.490 | 12.240 |
| Change (%) | -14.84% | -7.25% | -2.54% | - | +1.33% | +7.89% | +14.93% |
| Change | -1.580 | -0.772 | -0.270 | - | +0.142 | +0.840 | +1.590 |
| Level | Intermediate | Major | Intermediate | - | Major | Minor | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.273 | 10.357 | 10.503 | 10.587 | 10.733 | 10.817 | 10.963 |
| Camarilla | 10.587 | 10.608 | 10.629 | 10.650 | 10.671 | 10.692 | 10.713 |
| Woodie | 10.305 | 10.373 | 10.535 | 10.603 | 10.765 | 10.833 | 10.995 |
| Fibonacci | 10.357 | 10.445 | 10.499 | 10.587 | 10.675 | 10.729 | 10.817 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.107 | 10.253 | 10.447 | 10.593 | 10.787 | 10.933 | 11.127 |
| Camarilla | 10.547 | 10.578 | 10.609 | 10.640 | 10.671 | 10.702 | 10.734 |
| Woodie | 10.130 | 10.265 | 10.470 | 10.605 | 10.810 | 10.945 | 11.150 |
| Fibonacci | 10.253 | 10.383 | 10.464 | 10.593 | 10.723 | 10.804 | 10.933 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.623 | 9.927 | 10.283 | 10.587 | 10.943 | 11.247 | 11.603 |
| Camarilla | 10.459 | 10.519 | 10.580 | 10.640 | 10.701 | 10.761 | 10.822 |
| Woodie | 9.650 | 9.940 | 10.310 | 10.600 | 10.970 | 11.260 | 11.630 |
| Fibonacci | 9.927 | 10.179 | 10.335 | 10.587 | 10.839 | 10.995 | 11.247 |
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): | 56.53 | |
| MACD (12,26,9): | 0.0390 | |
| Directional Movement: | 1.322 | |
| AROON (14): | -50.000 | |
| DEMA (21): | 10.597 | |
| Parabolic SAR (0,02-0,02-0,2): | 10.250 | |
| Elder Ray (13): | -0.017 | |
| Super Trend (3,10): | 10.868 | |
| Zig ZAG (10): | 10.650 | |
| VORTEX (21): | 0.9730 | |
| Stochastique (14,3,5): | 66.82 | |
| TEMA (21): | 10.620 | |
| Williams %R (14): | -20.76 | |
| Chande Momentum Oscillator (20): | 0.070 | |
| Repulse (5,40,3): | 1.7380 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0410 | |
| Courbe Coppock: | 0.26 |
| MA7: | 10.586 | |
| MA20: | 10.557 | |
| MA50: | 10.492 | |
| MA100: | 10.414 | |
| MAexp7: | 10.600 | |
| MAexp20: | 10.550 | |
| MAexp50: | 10.485 | |
| MAexp100: | 10.309 | |
| Price / MA7: | +0.60% | |
| Price / MA20: | +0.88% | |
| Price / MA50: | +1.51% | |
| Price / MA100: | +2.27% | |
| Price / MAexp7: | +0.47% | |
| Price / MAexp20: | +0.95% | |
| Price / MAexp50: | +1.57% | |
| Price / MAexp100: | +3.31% |
Quotes :
-
End-of-day data
-
Australia Stocks
News
The latest news and videos published on DEXUS at the time of the analysis were as follows:
- DGAP-Adhoc: Dexus Finance Pty Limited: Changes to Group Management Committee
- DGAP-Adhoc: Dexus Finance Pty Limited: 30 June 2021 distribution payment
- DGAP-Adhoc: Dexus Finance Pty Limited: Appendix 3Y - Change of Directors' Interest Notice
- DGAP-Adhoc: Dexus Finance Pty Limited: 2021 Annual Results
- DGAP-Adhoc: Dexus Finance Pty Limited: APN Property Group schemes implemented
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 DEXUS - Daily