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 04/17/2024 (GMT)

Timeframe : Daily
- Analysis generated on
Status : IN PROGRESS...

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Slightly bullish

Technical indicators

22%

33%

44%

My opinion

Bearish under

My targets

()

My analysis

The current short-term bearish trend is expected to quickly reset the neutral or bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for BRAINCHIP HOLDINGS LTD as long as the price remains well below . The next bearish objective for sellers is set at . A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at . In case of crossing, the next objective would be the support located at . As the basic trend is not clearly displayed, attention should be paid to the price response to the support located at . With this support, against the trend traders who want to buy BRAINCHIP HOLDINGS LTD on a buy signal from their trading strategy should not hesitate to act.

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

Force

1.1

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 price is 0.320 AUD. On the day, this instrument gained +3.23% with the lowest point at 0.310 AUD and the highest point at 0.325 AUD. The deviation from the price is +3.23% for the low point and -1.54% for the high point.

0.310

0.325

0.320

So that you have an overall view of the price change, here is a table showing the variations over several periods:

The Central Records scanner for higher/lower results shows an item:

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 this Daily chart of BRAINCHIP HOLDINGS LTD indicates that the overall trend is slightly bullish. 53.57% of the signals given by moving averages are bullish. Caution: the strong bearish signals currently given by short-term moving averages indicate that a trend reversal may be taking place. The Central Indicators market scanner is currently detecting a bearish signal that could impact this trend:

Bearish trend reversal : adaptative moving average 50

Type : Bearish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 4 are bullish, 8 are neutral and 6 are bearish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

RSI indicator: bullish divergence

Type : Bullish

Timeframe : Daily

Williams %R indicator is oversold : under -80

Type : Neutral

Timeframe : Daily

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Daily

Pivot points : price is under support 1

Type : Neutral

Timeframe : Weekly

The Central Patterns scanner, which studies chart patterns, resistances and supports, has identified this signal:

Near horizontal resistance

Type : Bearish

Timeframe : Daily

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2	R3
ProTrendLines	0.200	0.250	0.318	0.320	0.355	0.395	0.435
Change (%)	-37.50%	-21.88%	-0.63%	-	+10.94%	+23.44%	+35.94%
Change	-0.120	-0.070	-0.002	-	+0.035	+0.075	+0.115
Level	Minor	Minor	Intermediate	-	Intermediate	Minor	Minor

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.297	0.303	0.312	0.318	0.327	0.333	0.342
Camarilla	0.316	0.317	0.319	0.320	0.321	0.323	0.324
Woodie	0.298	0.304	0.313	0.319	0.328	0.334	0.343
Fibonacci	0.303	0.309	0.313	0.318	0.324	0.328	0.333

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):	45.02
MACD (12,26,9):	-0.0030
Directional Movement:	-2.769
AROON (14):	28.571
DEMA (21):	0.337
Parabolic SAR (0,02-0,02-0,2):	0.309
Elder Ray (13):	-0.019
Super Trend (3,10):	0.387
Zig ZAG (10):	0.320
VORTEX (21):	0.9240
Stochastique (14,3,5):	17.78
TEMA (21):	0.322
Williams %R (14):	-80.00
Chande Momentum Oscillator (20):	0.010
Repulse (5,40,3):	-4.2400
ROCnROLL:	-1
TRIX (15,9):	-0.0310
Courbe Coppock:	2.32

MA7:	0.337
MA20:	0.335
MA50:	0.342
MA100:	0.259
MAexp7:	0.331
MAexp20:	0.339
MAexp50:	0.322
MAexp100:	0.293
Price / MA7:	-5.04%
Price / MA20:	-4.48%
Price / MA50:	-6.43%
Price / MA100:	+23.55%
Price / MAexp7:	-3.32%
Price / MAexp20:	-5.60%
Price / MAexp50:	-0.62%
Price / MAexp100:	+9.22%

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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