DEXUS - Daily - Technical analysis published on 11/06/2021 (GMT)
- 296
- 0
Oops, I was wrong about that analysis. My threshold for invalidation has been broken.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
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:
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.
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:
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:
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
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| 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 |
|---|---|---|---|---|---|---|---|
| Standard | 10.893 | 10.967 | 11.043 | 11.117 | 11.193 | 11.267 | 11.343 |
| Camarilla | 11.079 | 11.093 | 11.106 | 11.120 | 11.134 | 11.148 | 11.161 |
| Woodie | 10.895 | 10.968 | 11.045 | 11.118 | 11.195 | 11.268 | 11.345 |
| Fibonacci | 10.967 | 11.024 | 11.059 | 11.117 | 11.174 | 11.209 | 11.267 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 10.510 | 10.660 | 10.890 | 11.040 | 11.270 | 11.420 | 11.650 |
| Camarilla | 11.016 | 11.050 | 11.085 | 11.120 | 11.155 | 11.190 | 11.225 |
| Woodie | 10.550 | 10.680 | 10.930 | 11.060 | 11.310 | 11.440 | 11.690 |
| Fibonacci | 10.660 | 10.805 | 10.895 | 11.040 | 11.185 | 11.275 | 11.420 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 9.347 | 9.823 | 10.347 | 10.823 | 11.347 | 11.823 | 12.347 |
| Camarilla | 10.595 | 10.687 | 10.778 | 10.870 | 10.962 | 11.053 | 11.145 |
| Woodie | 9.370 | 9.835 | 10.370 | 10.835 | 11.370 | 11.835 | 12.370 |
| Fibonacci | 9.823 | 10.205 | 10.441 | 10.823 | 11.205 | 11.441 | 11.823 |
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
News
The last news published on DEXUS at the time of the generation of this analysis was as follows:
- DGAP-Adhoc: Dexus Finance Pty Limited: Initial settlement of Jandakot Airport, Perth
- DGAP-Adhoc: Dexus Finance Pty Limited: Response to media speculation regarding potential divestments
- DGAP-Adhoc: Dexus Finance Pty Limited: Appendix 3C - Notification of buy back
- DGAP-Adhoc: Dexus Finance Pty Limited: 2021 Annual General Meeting result
- DGAP-Adhoc: Dexus Finance Pty Limited: 2021 AGM Chair and CEO address
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