BRAINCHIP HOLDINGS LTD - Daily - Technical analysis published on 03/26/2024 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
17%
44%
39%
My opinion
Bullish above 0.318 AUD
My targets
0.363 AUD (+10.00%)
0.395 AUD (+19.70%)
My analysis
We are currently in a phase of short-term indecision. In a case like this, you could favour trades in the direction of the basic trend on BRAINCHIP HOLDINGS LTD. As long as you are above the support located at 0.318 AUD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 0.363 AUD would be a signal that the basic trade will reverse and the short-term trend could then quickly become bullish. Buyers would then use the next resistance located at 0.395 AUD as an objective. Crossing it would then enable buyers to target 0.435 AUD. If the support 0.318 AUD were to be broken, this would simply be a sign of a possible continuation of short-term consolidation and trading against the trend would then perhaps be more risky.
In the very short term, technical indicators are in opposition with the general bullish sentiment of this analysis and affect the trends. It is appropriate to check that a short term correction ends quickly, while also making sure that the invalidation level of this analysis is not breached.
Force
0
10
2.3
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This analysis was given by Robertson9991. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The BRAINCHIP HOLDINGS LTD price is 0.330 AUD. The price has increased by +0.00% since the last closing with the lowest point at 0.327 AUD and the highest point at 0.345 AUD. The deviation from the price is +0.92% for the low point and -4.35% for the high point.0.327
0.345
0.330
Here is a more detailed summary of the historical variations registered by BRAINCHIP HOLDINGS LTD:
Abnormal volumes
Timeframe : 50 days
Technical
A technical analysis in Daily of this BRAINCHIP HOLDINGS LTD chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators market scanner currently does not detect any result that concerns moving averages.
The probability of a further decline is low given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator: bullish divergence
Type : Bullish
Timeframe : Daily
Price is back under the pivot point
Type : Bearish
Timeframe : Weekly
No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.
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 | 0.200 | 0.250 | 0.318 | 0.330 | 0.363 | 0.395 | 0.435 |
| Change (%) | -39.39% | -24.24% | -3.64% | - | +10.00% | +19.70% | +31.82% |
| Change | -0.130 | -0.080 | -0.012 | - | +0.033 | +0.065 | +0.105 |
| Level | Minor | Minor | Intermediate | - | Minor | Minor | Minor |
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 | 0.305 | 0.316 | 0.323 | 0.334 | 0.341 | 0.352 | 0.359 |
| Camarilla | 0.325 | 0.327 | 0.328 | 0.330 | 0.332 | 0.333 | 0.335 |
| Woodie | 0.303 | 0.315 | 0.321 | 0.333 | 0.339 | 0.351 | 0.357 |
| Fibonacci | 0.316 | 0.323 | 0.327 | 0.334 | 0.341 | 0.345 | 0.352 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 0.218 | 0.257 | 0.293 | 0.332 | 0.368 | 0.407 | 0.443 |
| Camarilla | 0.309 | 0.316 | 0.323 | 0.330 | 0.337 | 0.344 | 0.351 |
| Woodie | 0.218 | 0.256 | 0.293 | 0.331 | 0.368 | 0.406 | 0.443 |
| Fibonacci | 0.257 | 0.285 | 0.303 | 0.332 | 0.360 | 0.378 | 0.407 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | -0.190 | -0.015 | 0.185 | 0.360 | 0.560 | 0.735 | 0.935 |
| Camarilla | 0.282 | 0.316 | 0.351 | 0.385 | 0.419 | 0.454 | 0.488 |
| Woodie | -0.178 | -0.009 | 0.198 | 0.366 | 0.573 | 0.741 | 0.948 |
| Fibonacci | -0.015 | 0.128 | 0.217 | 0.360 | 0.503 | 0.592 | 0.735 |
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): | 47.89 | |
| MACD (12,26,9): | 0.0030 | |
| Directional Movement: | -0.154 | |
| AROON (14): | -64.286 | |
| DEMA (21): | 0.361 | |
| Parabolic SAR (0,02-0,02-0,2): | 0.402 | |
| Elder Ray (13): | -0.011 | |
| Super Trend (3,10): | 0.430 | |
| Zig ZAG (10): | 0.330 | |
| VORTEX (21): | 0.8120 | |
| Stochastique (14,3,5): | 26.71 | |
| TEMA (21): | 0.335 | |
| Williams %R (14): | -72.00 | |
| Chande Momentum Oscillator (20): | -0.055 | |
| Repulse (5,40,3): | -6.6380 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.7400 | |
| Courbe Coppock: | 29.93 |
| MA7: | 0.334 | |
| MA20: | 0.368 | |
| MA50: | 0.292 | |
| MA100: | 0.239 | |
| MAexp7: | 0.337 | |
| MAexp20: | 0.348 | |
| MAexp50: | 0.311 | |
| MAexp100: | 0.279 | |
| Price / MA7: | -1.20% | |
| Price / MA20: | -10.33% | |
| Price / MA50: | +13.01% | |
| Price / MA100: | +38.08% | |
| Price / MAexp7: | -2.08% | |
| Price / MAexp20: | -5.17% | |
| Price / MAexp50: | +6.11% | |
| Price / MAexp100: | +18.28% |
Quotes :
-
End-of-day data
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Australia Stocks
News
The latest news and videos published on BRAINCHIP HOLDINGS LTD at the time of the analysis were as follows:
-
Elon Musk's Neuralink shows first brain-chip patient playing chess
- Media Alert: BrainChip Chair Antonio J. Viana Addresses Investors in Two-Part Investor Podcast
- Media Alert: BrainChip and Edge Impulse Offer a Neuromorphic Deep Dive into Next-Gen Edge AI Solutions
- University of Virginia Joins the BrainChip University AI Accelerator Program
- BrainChip's Latest US Patent Award Extends Intellectual Property Strength and its Leadership in Edge Learning
This member declared not having a position on this financial instrument or a related financial instrument.
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