WEST WITS MINING LIMITED

- AUD (-)

- End-of-day data - Australia Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	WWI
ISIN:	AU000000WWI4

WEST WITS MINING LIMITED - Daily - Technical analysis published on 02/20/2025 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Bullish

Underlying: Strongly bullish

Technical indicators

67%

11%

22%

My opinion

Bullish above 0.019 AUD

My targets

0.047 AUD (+135.00%)

0.075 AUD (+275.00%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on WEST WITS MINING LIMITED as long as the price remains well above 0.019 AUD. The buyers' bullish objective is set at 0.047 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.075 AUD. If there is any crossing, the next objective would be the resistance located at 0.097 AUD. Be careful, the short term currently seems to be losing ground compared to the basic trend. Longer time units should be analysed to identify possible overbought items that could be a sign of a possible short-term correction.

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

7.1

Comment on the analysis

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

Additional analysis

Quotes

The WEST WITS MINING LIMITED price is 0.020 AUD. On the day, this instrument gained +25.00% and was between 0.017 AUD and 0.021 AUD. This implies that the price is at +17.65% from its lowest and at -4.76% from its highest.

0.017

0.021

0.020

A bullish gap was detected at the opening by the Central Gaps scanner. There are a lot of buyers and they have the upper hand in the very short term.

Opening Gap UP

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

New HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 5 days

Technical

A technical analysis in Daily of this WEST WITS MINING LIMITED chart shows a strongly bullish trend. 82.14% of the signals given by moving averages are bullish. The slightly bullish signals given by the short-term moving averages indicate this trend is showing signs of running out of steam. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

The technical indicators are bullish. There is still some doubt about the price increase.
But beware of excesses. The Central Indicators scanner currently detects this:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

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

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Weekly

MACD crosses UP its Moving Average

Type : Bullish

Timeframe : Daily

Parabolic SAR indicator bullish reversal

Type : Bullish

Timeframe : Daily

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified these signals:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

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:

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.017	0.018	0.019	0.020	0.047	0.075	0.097
Change (%)	-15.00%	-10.00%	-5.00%	-	+135.00%	+275.00%	+385.00%
Change	-0.003	-0.002	-0.001	-	+0.027	+0.055	+0.077
Level	Intermediate	Minor	Major	-	Intermediate	Intermediate	Minor

Attention could also be paid to pivot points to set price objectives:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.014	0.015	0.018	0.019	0.022	0.023	0.026
Camarilla	0.019	0.019	0.020	0.020	0.020	0.021	0.021
Woodie	0.014	0.016	0.018	0.020	0.022	0.024	0.026
Fibonacci	0.015	0.017	0.018	0.019	0.021	0.022	0.023

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.011	0.013	0.014	0.016	0.017	0.019	0.020
Camarilla	0.014	0.015	0.015	0.015	0.015	0.016	0.016
Woodie	0.011	0.013	0.014	0.016	0.017	0.019	0.020
Fibonacci	0.013	0.014	0.015	0.016	0.017	0.018	0.019

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.011	0.013	0.014	0.016	0.017	0.019	0.020
Camarilla	0.015	0.016	0.016	0.016	0.016	0.017	0.017
Woodie	0.012	0.013	0.015	0.016	0.018	0.019	0.021
Fibonacci	0.013	0.014	0.015	0.016	0.017	0.018	0.019

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):	64.17
MACD (12,26,9):	0.0010
Directional Movement:	18.672
AROON (14):	100.000
DEMA (21):	0.017
Parabolic SAR (0,02-0,02-0,2):	0.015
Elder Ray (13):	0.002
Super Trend (3,10):	0.014
Zig ZAG (10):	0.020
VORTEX (21):	0.9020
Stochastique (14,3,5):	50.00
TEMA (21):	0.017
Williams %R (14):	-16.67
Chande Momentum Oscillator (20):	0.005
Repulse (5,40,3):	8.8640
ROCnROLL:	1
TRIX (15,9):	0.3570
Courbe Coppock:	13.09

MA7:	0.017
MA20:	0.016
MA50:	0.015
MA100:	0.015
MAexp7:	0.017
MAexp20:	0.016
MAexp50:	0.016
MAexp100:	0.015
Price / MA7:	+17.65%
Price / MA20:	+25.00%
Price / MA50:	+33.33%
Price / MA100:	+33.33%
Price / MAexp7:	+17.65%
Price / MAexp20:	+25.00%
Price / MAexp50:	+25.00%
Price / MAexp100:	+33.33%

Quotes : - End-of-day data - Australia Stocks

News

The latest news and videos published on WEST WITS MINING LIMITED at the time of the analysis were as follows:

EQS-News: West Wits Mining can move Witwatersrand Basin forward with toll agreement

This member declared not having a position on this financial instrument or a related financial instrument.

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