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 05/22/2025 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

94%

My opinion

Bullish above 0.025 AUD

My targets

0.031 AUD (+10.71%)

0.047 AUD (+67.86%)

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 0.025 AUD. The buyers' bullish objective is set at 0.031 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.047 AUD. If there is any crossing, the next objective would be the resistance located at 0.066 AUD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.

Force

9.1

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 0.028 AUD. On the day, this instrument gained +16.67% with the lowest point at 0.024 AUD and the highest point at 0.028 AUD. The deviation from the price is +16.67% for the low point and 0% for the high point.

0.024

0.028

Here is a more detailed summary of the historical variations registered by WEST WITS MINING LIMITED:

The Central Records scanner, which identifies the highest / lowest, has detected several elements:

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

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. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

In fact, 17 technical indicators on 18 studied are currently positioned bullish. Caution: the Central Indicators scanner currently detects an excess:

RSI indicator is overbought : over 80

Type : Neutral

Timeframe : Daily

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : Daily

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Daily

Other results related to technical indicators were also found by the Central Indicators scanner:

Pivot points : price is over resistance 3 (Daily)

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3 (Daily)

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3 (Weekly)

Type : Neutral

Timeframe : Daily

Pivot points : price is over resistance 3 (Monthly)

Type : Neutral

Timeframe : Daily

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

Resistance of channel is broken

Type : Bullish

Timeframe : Daily

Horizontal support is broken

Type : Bearish

Timeframe : Daily

For a small rebound in the very short term, the Central Candlesticks scanner currently notes the presence of these bullish patterns in Japanese candlesticks:

White marubozu

Type : Bullish

Timeframe : Daily

Long white line

Type : Bullish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.017	0.020	0.021	0.028	0.031	0.047	0.066
Change (%)	-39.29%	-28.57%	-25.00%	-	+10.71%	+67.86%	+135.71%
Change	-0.011	-0.008	-0.007	-	+0.003	+0.019	+0.038
Level	Major	Intermediate	Minor	-	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	0.021	0.023	0.025	0.027	0.029	0.031	0.033
Camarilla	0.027	0.027	0.028	0.028	0.028	0.029	0.029
Woodie	0.022	0.023	0.026	0.027	0.030	0.031	0.034
Fibonacci	0.023	0.024	0.025	0.027	0.028	0.029	0.031

Weekly

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

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 is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	81.05
MACD (12,26,9):	0.0020
Directional Movement:	43.104
AROON (14):	100.000
DEMA (21):	0.023
Parabolic SAR (0,02-0,02-0,2):	0.019
Elder Ray (13):	0.004
Super Trend (3,10):	0.022
Zig ZAG (10):	0.028
VORTEX (21):	1.1960
Stochastique (14,3,5):	100.00
TEMA (21):	0.024
Williams %R (14):	0.00
Chande Momentum Oscillator (20):	0.009
Repulse (5,40,3):	26.8220
ROCnROLL:	1
TRIX (15,9):	0.6180
Courbe Coppock:	36.38

MA7:	0.022
MA20:	0.020
MA50:	0.019
MA100:	0.017
MAexp7:	0.023
MAexp20:	0.021
MAexp50:	0.019
MAexp100:	0.018
Price / MA7:	+27.27%
Price / MA20:	+40.00%
Price / MA50:	+47.37%
Price / MA100:	+64.71%
Price / MAexp7:	+21.74%
Price / MAexp20:	+33.33%
Price / MAexp50:	+47.37%
Price / MAexp100:	+55.56%

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

News

The last news published on WEST WITS MINING LIMITED at the time of the generation of this analysis was 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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