EMERALD RESOURCES NL - Weekly - Technical analysis published on 02/09/2025 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
6%
17%
My opinion
Bullish above 3.970 AUD
My targets
4.710 AUD (+6.32%)
5.090 AUD (+14.90%)
My analysis
The bullish trend is currently very strong on EMERALD RESOURCES NL. As long as the price remains above the support at 3.970 AUD, you could try to benefit from the boom. The first bullish objective is located at 4.710 AUD. The bullish momentum would be boosted by a break in this resistance. Buyers would then use the next resistance located at 5.090 AUD as an objective. Crossing it would then enable buyers to target 5.830 AUD. Be careful, given the powerful bullish rally underway, excesses could lead to a possible correction in the short term. If this is the case, remember that trading against the trend may be riskier. It would seem more appropriate to wait for a signal indicating reversal of the trend.
In the very short term, the general bullish sentiment is confirmed by technical indicators. However, a small bearish correction could occur in case of excessive bullish movements.
Force
0
10
8.4
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This analysis was given by stevejn23. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EMERALD RESOURCES NL rating 4.430 AUD. The price is up +2.31% over 5 days with the lowest point at 4.240 AUD and the highest point at 4.515 AUD. The deviation from the price is +4.48% for the low point and -1.88% for the high point.4.240
4.515
4.430
Here is a more detailed summary of the historical variations registered by EMERALD RESOURCES NL:
New HIGH record (5 years)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 year)
Type : Bullish
Timeframe : Weekly
New HIGH record (1st january)
Type : Bullish
Timeframe : Weekly
New HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of EMERALD RESOURCES NL in Weekly shows a strongly overall bullish trend. 92.86% of the signals given by moving averages are bullish. This strongly bullish trend is supported by the strong bullish signals given by short-term moving averages. An assessment of moving averages reveals a bullish signal that could impact this trend:
Bullish trend reversal : Moving Average 20
Type : Bullish
Timeframe : Weekly
An assessment of technical indicators shows a strong bullish signal.
But beware of excesses. The Central Indicators scanner currently detects this:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Weekly
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
Aroon indicator bullish trend
Type : Bullish
Timeframe : Weekly
An analysis of the price chart with the Central Patterns scanner (detector of chart patterns and resistances and supports) shows a result that can have an impact on the price change:
Resistance of channel is broken
Type : Bullish
Timeframe : Weekly
Central Candlesticks, the scanner specialised in Japanese candlesticks, detects a bullish signal that could support the hypothesis of a small rebound in the very short term:
Three white soldiers
Type : Bullish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
Price
| S3 | S2 | S1 | Price | |
|---|---|---|---|---|
| ProTrendLines | 3.251 | 3.740 | 4.410 | 4.430 |
| Change (%) | -26.61% | -15.58% | -0.45% | - |
| Change | -1.179 | -0.690 | -0.020 | - |
| Level | Major | Intermediate | 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 | 4.267 | 4.333 | 4.382 | 4.448 | 4.497 | 4.563 | 4.612 |
| Camarilla | 4.398 | 4.409 | 4.420 | 4.430 | 4.441 | 4.451 | 4.462 |
| Woodie | 4.258 | 4.329 | 4.373 | 4.444 | 4.488 | 4.559 | 4.603 |
| Fibonacci | 4.333 | 4.377 | 4.404 | 4.448 | 4.492 | 4.519 | 4.563 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.103 | 3.357 | 3.843 | 4.097 | 4.583 | 4.837 | 5.323 |
| Camarilla | 4.127 | 4.194 | 4.262 | 4.330 | 4.398 | 4.466 | 4.534 |
| Woodie | 3.220 | 3.415 | 3.960 | 4.155 | 4.700 | 4.895 | 5.440 |
| Fibonacci | 3.357 | 3.639 | 3.814 | 4.097 | 4.379 | 4.554 | 4.837 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.470 | 2.850 | 3.590 | 3.970 | 4.710 | 5.090 | 5.830 |
| Camarilla | 4.022 | 4.125 | 4.227 | 4.330 | 4.433 | 4.535 | 4.638 |
| Woodie | 2.650 | 2.940 | 3.770 | 4.060 | 4.890 | 5.180 | 6.010 |
| Fibonacci | 2.850 | 3.278 | 3.542 | 3.970 | 4.398 | 4.662 | 5.090 |
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): | 64.96 | |
| MACD (12,26,9): | 0.0710 | |
| Directional Movement: | 17.390 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 3.870 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.252 | |
| Elder Ray (13): | 0.535 | |
| Super Trend (3,10): | 3.326 | |
| Zig ZAG (10): | 4.430 | |
| VORTEX (21): | 1.0600 | |
| Stochastique (14,3,5): | 79.12 | |
| TEMA (21): | 3.843 | |
| Williams %R (14): | -6.62 | |
| Chande Momentum Oscillator (20): | 0.970 | |
| Repulse (5,40,3): | 23.9620 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 0.0100 | |
| Courbe Coppock: | 7.04 |
| MA7: | 4.334 | |
| MA20: | 3.851 | |
| MA50: | 3.656 | |
| MA100: | 3.797 | |
| MAexp7: | 3.930 | |
| MAexp20: | 3.789 | |
| MAexp50: | 3.572 | |
| MAexp100: | 3.079 | |
| Price / MA7: | +2.22% | |
| Price / MA20: | +15.04% | |
| Price / MA50: | +21.17% | |
| Price / MA100: | +16.67% | |
| Price / MAexp7: | +12.72% | |
| Price / MAexp20: | +16.92% | |
| Price / MAexp50: | +24.02% | |
| Price / MAexp100: | +43.88% |
Quotes :
-
End-of-day data
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Australia Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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