WEST WITS MINING LIMITED - Daily - Technical analysis published on 05/14/2025 (GMT)
- 104
- 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
Click here for a new analysis!
- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
67%
11%
22%
My opinion
Bullish above 0.019 AUD
My targets
0.021 AUD (+5.00%)
0.025 AUD (+26.50%)
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 0.021 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.025 AUD. If there is any crossing, the next objective would be the resistance located at 0.031 AUD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
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
7.9
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 Ferret. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
WEST WITS MINING LIMITED rating 0.020 AUD. The price registered an increase of +0.00% on the session with the lowest point at 0.020 AUD and the highest point at 0.020 AUD. The deviation from the price is 0% for the low point and 0% for the high point.0.020
0.020
0.020
Here is a more detailed summary of the historical variations registered by WEST WITS MINING LIMITED:
Technical
Technical analysis of this Daily chart of WEST WITS MINING LIMITED 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.
An assessment of technical indicators shows a moderate bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:
Horizontal support is broken
Type : Bearish
Timeframe : Daily
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects this inversion signal that could impact the current short-term trend:
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.016 | 0.017 | 0.019 | 0.020 | 0.021 | 0.031 | 0.047 |
| Change (%) | -20.00% | -15.00% | -5.00% | - | +5.00% | +55.00% | +135.00% |
| Change | -0.004 | -0.003 | -0.001 | - | +0.001 | +0.011 | +0.027 |
| Level | Intermediate | Major | Minor | - | Intermediate | Intermediate | Intermediate |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 |
| Camarilla | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 |
| Woodie | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 |
| Fibonacci | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 | 0.020 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.015 | 0.017 | 0.018 | 0.020 | 0.021 | 0.023 | 0.024 |
| Camarilla | 0.018 | 0.019 | 0.019 | 0.019 | 0.019 | 0.020 | 0.020 |
| Woodie | 0.015 | 0.017 | 0.018 | 0.020 | 0.021 | 0.023 | 0.024 |
| Fibonacci | 0.017 | 0.018 | 0.019 | 0.020 | 0.021 | 0.022 | 0.023 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.013 | 0.015 | 0.017 | 0.019 | 0.021 | 0.023 | 0.025 |
| Camarilla | 0.019 | 0.019 | 0.020 | 0.020 | 0.020 | 0.021 | 0.021 |
| Woodie | 0.014 | 0.015 | 0.018 | 0.019 | 0.022 | 0.023 | 0.026 |
| Fibonacci | 0.015 | 0.016 | 0.017 | 0.019 | 0.020 | 0.021 | 0.023 |
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): | 55.97 | |
| MACD (12,26,9): | 0.0010 | |
| Directional Movement: | 8.703 | |
| AROON (14): | 64.286 | |
| DEMA (21): | 0.020 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.018 | |
| Elder Ray (13): | 0 | |
| Super Trend (3,10): | 0.017 | |
| Zig ZAG (10): | 0.020 | |
| VORTEX (21): | 1.1600 | |
| Stochastique (14,3,5): | 47.62 | |
| TEMA (21): | 0.020 | |
| Williams %R (14): | -42.86 | |
| Chande Momentum Oscillator (20): | 0.001 | |
| Repulse (5,40,3): | 1.4300 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.3840 | |
| Courbe Coppock: | 9.11 |
| MA7: | 0.020 | |
| MA20: | 0.019 | |
| MA50: | 0.018 | |
| MA100: | 0.017 | |
| MAexp7: | 0.020 | |
| MAexp20: | 0.019 | |
| MAexp50: | 0.018 | |
| MAexp100: | 0.017 | |
| Price / MA7: | -0% | |
| Price / MA20: | +5.26% | |
| Price / MA50: | +11.11% | |
| Price / MA100: | +17.65% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | +5.26% | |
| Price / MAexp50: | +11.11% | |
| Price / MAexp100: | +17.65% |
Quotes :
-
End-of-day data
-
Australia Stocks
News
Don't forget to follow the news on WEST WITS MINING LIMITED. At the time of publication of this analysis, the latest news was as follows:
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 WEST WITS MINING LIMITED - Daily