BRAINCHIP HOLDINGS LTD

- AUD (-)

- End-of-day data - Australia Stocks

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BRN
ISIN:	AU000000BRN8

BRAINCHIP HOLDINGS LTD - Daily - Technical analysis published on 04/02/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

33%

28%

39%

My opinion

Bullish above 0.330 AUD

My targets

0.363 AUD (+6.76%)

0.408 AUD (+20.09%)

My analysis

Has the basic bullish trend slowed or is it lacking in power? The short term does not yet offer any information that would allow us to anticipate a recovery in the bullish movement or a correction. Sellers' generally have the upper hand, even if a small correction (not tradeable) on the support located at 0.330 AUD remains possible. It is advisable to trade BRAINCHIP HOLDINGS LTD with the greatest caution, while favouring long positions (at the time of purchase) as long as the price remains well above 0.330 AUD. The next bullish objective for buyers is set at 0.363 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 0.408 AUD. If there is any crossing, the next objective would be the resistance located at 0.435 AUD. PS: if there is a bearish break in the support located at 0.330 AUD we suggest that you produce a new automated technical analysis. In fact, conditions should have changed. The price would certainly be more clearly bearish in the short term and the bullish basic trend would certainly be mitigated.

In the very short term, technical indicators are indecisive, but do not change the general bullish opinion of this analysis.

Force

2.7

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 Robertson9991. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

BRAINCHIP HOLDINGS LTD rating 0.340 AUD. The price registered an increase of +9.68% on the session and was traded between 0.310 AUD and 0.345 AUD over the period. The price is currently at +9.68% from its lowest and -1.45% from its highest.

0.310

0.345

0.340

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on BRAINCHIP HOLDINGS LTD were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of BRAINCHIP HOLDINGS LTD in Daily shows an overall bullish trend. 71.43% of the signals given by moving averages are bullish. Caution: the neutral signals currently given by the short-term moving averages indicate that this bullish trend is showing signs of running out of steam. The Central Indicators market scanner currently does not detect any result that concerns moving averages.

An assessment of technical indicators does not currently provide any relevant information to suggest whether the signal given by the technical indicators is more bullish or bearish.
Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

RSI indicator is back over 50

Type : Bullish

Timeframe : Daily

Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Horizontal resistance is broken

Type : Bullish

Timeframe : Daily

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.250	0.299	0.330	0.340	0.363	0.435	0.498
Change (%)	-26.47%	-12.06%	-2.94%	-	+6.76%	+27.94%	+46.47%
Change	-0.090	-0.041	-0.010	-	+0.023	+0.095	+0.158
Level	Minor	Minor	Minor	-	Minor	Minor	Intermediate

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.283	0.297	0.318	0.332	0.353	0.367	0.388
Camarilla	0.330	0.334	0.337	0.340	0.343	0.346	0.350
Woodie	0.288	0.299	0.323	0.334	0.358	0.369	0.393
Fibonacci	0.297	0.310	0.318	0.332	0.345	0.353	0.367

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.255	0.280	0.295	0.320	0.335	0.360	0.375
Camarilla	0.299	0.303	0.306	0.310	0.314	0.317	0.321
Woodie	0.250	0.278	0.290	0.318	0.330	0.358	0.370
Fibonacci	0.280	0.295	0.305	0.320	0.335	0.345	0.360

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.098	0.197	0.253	0.352	0.408	0.507	0.563
Camarilla	0.267	0.282	0.296	0.310	0.324	0.338	0.353
Woodie	0.078	0.186	0.233	0.341	0.388	0.496	0.543
Fibonacci	0.197	0.256	0.293	0.352	0.411	0.448	0.507

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):	50.60
MACD (12,26,9):	-0.0020
Directional Movement:	1.164
AROON (14):	-35.714
DEMA (21):	0.346
Parabolic SAR (0,02-0,02-0,2):	0.384
Elder Ray (13):	-0.010
Super Trend (3,10):	0.405
Zig ZAG (10):	0.340
VORTEX (21):	0.9100
Stochastique (14,3,5):	25.22
TEMA (21):	0.319
Williams %R (14):	-52.63
Chande Momentum Oscillator (20):	-0.035
Repulse (5,40,3):	6.1890
ROCnROLL:	1
TRIX (15,9):	0.3410
Courbe Coppock:	30.79

MA7:	0.329
MA20:	0.358
MA50:	0.302
MA100:	0.244
MAexp7:	0.329
MAexp20:	0.341
MAexp50:	0.312
MAexp100:	0.281
Price / MA7:	+3.34%
Price / MA20:	-5.03%
Price / MA50:	+12.58%
Price / MA100:	+39.34%
Price / MAexp7:	+3.34%
Price / MAexp20:	-0.29%
Price / MAexp50:	+8.97%
Price / MAexp100:	+21.00%

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

News

The last news published on BRAINCHIP HOLDINGS LTD 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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