WEST WITS MINING LIMITED - Daily - Technical analysis published on 07/17/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bearish
Underlying:
Slightly bearish
Technical indicators
28%
50%
22%
My opinion
Bearish under 0.022 AUD
My targets
0.019 AUD (-5.00%)
0.017 AUD (-15.00%)
My analysis
The strong short-term decline of WEST WITS MINING LIMITED reinforces the current slightly bearish trend. As long as the price remains below 0.022 AUD, you could take advantage of this bearish acceleration. The first bearish objective is located at 0.019 AUD. The bearish momentum would be revived by a break in this support. Sellers would then use the next support located at 0.017 AUD as an objective. Crossing it would then enable sellers to target 0.013 AUD. A return to above 0.022 AUD would be a sign of a correction of short-term bearish excesses. In this case, you could stay away while waiting for signals indicating a reversal of the trend.
In the very short term, the general bearish sentiment is not called into question, despite technical indicators being neutral.
Force
0
10
3.9
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
The WEST WITS MINING LIMITED price is 0.020 AUD. The price has increased by +0.00% since the last closing and was traded between 0.020 AUD and 0.020 AUD over the period. The price is currently at 0% from its lowest and 0% from its highest.0.020
0.020
0.020
So that you have an overall view of the price change, here is a table showing the variations over several periods:
Near a new LOW record (1 month)
Type : Bearish
Timeframe : Weekly
The Central Volumes scanner detects abnormal volumes on the asset:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of WEST WITS MINING LIMITED in Daily shows an overall slightly bearish trend. Only 60.71% of the signals given by moving averages are bearish. This slightly bearish trend is reinforced by the strong signals currently being 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, Central Analyzer took into account 18 technical indicators and the result was as follows: 5 are bullish, 4 are neutral and 9 are bearish. Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is oversold : under -100
Type : Neutral
Timeframe : Daily
Williams %R indicator is oversold : under -80
Type : Neutral
Timeframe : Daily
Pivot points : price is under support 3 (Daily)
Type : Neutral
Timeframe : Daily
MACD crosses DOWN its Moving Average
Type : Bearish
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
No result was found by the Central Candlesticks scanner on Japanese candlesticks.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 0.013 | 0.017 | 0.019 | 0.020 | 0.022 | 0.026 | 0.031 |
| Change (%) | -35.00% | -15.00% | -5.00% | - | +10.00% | +30.00% | +55.00% |
| Change | -0.007 | -0.003 | -0.001 | - | +0.002 | +0.006 | +0.011 |
| Level | Minor | Major | Intermediate | - | Minor | Minor | Major |
To determine price objectives, it is also possible to use the pivot points. Here is the price position in relation to pivot points:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.018 | 0.018 | 0.019 | 0.019 | 0.020 | 0.020 | 0.021 |
| Camarilla | 0.019 | 0.019 | 0.019 | 0.019 | 0.019 | 0.019 | 0.019 |
| Woodie | 0.018 | 0.018 | 0.019 | 0.019 | 0.020 | 0.020 | 0.021 |
| Fibonacci | 0.018 | 0.019 | 0.019 | 0.019 | 0.020 | 0.020 | 0.020 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.016 | 0.017 | 0.019 | 0.020 | 0.022 | 0.023 | 0.025 |
| Camarilla | 0.019 | 0.020 | 0.020 | 0.020 | 0.020 | 0.021 | 0.021 |
| Woodie | 0.016 | 0.017 | 0.019 | 0.020 | 0.022 | 0.023 | 0.025 |
| Fibonacci | 0.017 | 0.019 | 0.019 | 0.020 | 0.022 | 0.022 | 0.023 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.004 | 0.011 | 0.016 | 0.023 | 0.028 | 0.035 | 0.040 |
| Camarilla | 0.017 | 0.018 | 0.019 | 0.020 | 0.021 | 0.022 | 0.023 |
| Woodie | 0.002 | 0.011 | 0.014 | 0.023 | 0.026 | 0.035 | 0.038 |
| Fibonacci | 0.011 | 0.016 | 0.019 | 0.023 | 0.028 | 0.031 | 0.035 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 39.51 | |
| MACD (12,26,9): | -0.0010 | |
| Directional Movement: | -13.090 | |
| AROON (14): | -35.714 | |
| DEMA (21): | 0.020 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.019 | |
| Elder Ray (13): | -0.001 | |
| Super Trend (3,10): | 0.023 | |
| Zig ZAG (10): | 0.019 | |
| VORTEX (21): | 0.8240 | |
| Stochastique (14,3,5): | 28.57 | |
| TEMA (21): | 0.019 | |
| Williams %R (14): | -100.00 | |
| Chande Momentum Oscillator (20): | -0.003 | |
| Repulse (5,40,3): | -11.1120 | |
| ROCnROLL: | 2 | |
| TRIX (15,9): | -0.6810 | |
| Courbe Coppock: | 8.72 |
| MA7: | 0.020 | |
| MA20: | 0.021 | |
| MA50: | 0.023 | |
| MA100: | 0.021 | |
| MAexp7: | 0.020 | |
| MAexp20: | 0.021 | |
| MAexp50: | 0.022 | |
| MAexp100: | 0.021 | |
| Price / MA7: | -0% | |
| Price / MA20: | -4.76% | |
| Price / MA50: | -13.04% | |
| Price / MA100: | -4.76% | |
| Price / MAexp7: | -0% | |
| Price / MAexp20: | -4.76% | |
| Price / MAexp50: | -9.09% | |
| Price / MAexp100: | -4.76% |
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:
This member declared not having a position on this financial instrument or a related financial instrument.
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