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 04/15/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : INVALID

Summary of the analysis

Trends

Short term: Neutral

Underlying: Bullish

Technical indicators

39%

22%

39%

My opinion

Bullish above 0.318 AUD

My targets

0.355 AUD (+2.90%)

0.395 AUD (+14.49%)

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 0.355 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.

Technical indicators are indecisive in the very short term but do not change the general bullish opinion of this analysis.

Force

4.1

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

Additional analysis

Quotes

The BRAINCHIP HOLDINGS LTD rating is 0.345 AUD. The price registered a decrease of -2.82% on the session and was traded between 0.345 AUD and 0.365 AUD over the period. The price is currently at 0% from its lowest and -5.48% from its highest.

0.345

0.365

0.345

The Central Gaps scanner detects a bullish opening marking the presence of buyers ahead of sellers at the opening but not sufficiently marked to allow the price to register a quotation gap.

Bullish opening

Type : Bullish

Timeframe : Openning

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

The Central Volumes scanner detects abnormal volumes on the asset:

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of this Daily chart of BRAINCHIP HOLDINGS LTD indicates that the overall trend is bullish. 78.57% 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.

In fact, of the 18 technical indicators analysed by Central Analyzer, 7 are bullish, 7 are neutral and 4 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is under support 1

Type : Neutral

Timeframe : Daily

MACD crosses DOWN its Moving Average

Type : Bearish

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.

The presence of a bearish pattern in Japanese candlesticks detected by Central Candlesticks that could cause a correction in the very short term was also detected:

Bearish engulfing lines

Type : Bearish

Timeframe : Daily

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.200	0.250	0.318	0.345	0.355	0.395	0.435
Change (%)	-42.03%	-27.54%	-7.83%	-	+2.90%	+14.49%	+26.09%
Change	-0.145	-0.095	-0.027	-	+0.010	+0.050	+0.090
Level	Minor	Minor	Intermediate	-	Intermediate	Minor	Minor

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.318	0.332	0.338	0.352	0.358	0.372	0.378
Camarilla	0.340	0.341	0.343	0.345	0.347	0.349	0.351
Woodie	0.315	0.330	0.335	0.350	0.355	0.370	0.375
Fibonacci	0.332	0.339	0.344	0.352	0.359	0.364	0.372

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.288	0.312	0.328	0.352	0.368	0.392	0.408
Camarilla	0.334	0.338	0.341	0.345	0.349	0.352	0.356
Woodie	0.285	0.310	0.325	0.350	0.365	0.390	0.405
Fibonacci	0.312	0.327	0.336	0.352	0.367	0.376	0.392

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

Technical indicators

Moving averages

RSI (14):	50.56
MACD (12,26,9):	0.0030
Directional Movement:	6.672
AROON (14):	57.143
DEMA (21):	0.351
Parabolic SAR (0,02-0,02-0,2):	0.305
Elder Ray (13):	0.008
Super Trend (3,10):	0.405
Zig ZAG (10):	0.345
VORTEX (21):	0.9840
Stochastique (14,3,5):	63.53
TEMA (21):	0.339
Williams %R (14):	-46.67
Chande Momentum Oscillator (20):	0.015
Repulse (5,40,3):	-7.2630
ROCnROLL:	-1
TRIX (15,9):	0.0610
Courbe Coppock:	5.24

MA7:	0.350
MA20:	0.341
MA50:	0.333
MA100:	0.256
MAexp7:	0.348
MAexp20:	0.346
MAexp50:	0.322
MAexp100:	0.292
Price / MA7:	-1.43%
Price / MA20:	+1.17%
Price / MA50:	+3.60%
Price / MA100:	+34.77%
Price / MAexp7:	-0.86%
Price / MAexp20:	-0.29%
Price / MAexp50:	+7.14%
Price / MAexp100:	+18.15%

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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