EMERALD RESOURCES NL - Weekly - Technical analysis published on 03/26/2025 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Bullish
Technical indicators
33%
28%
39%
My opinion
Bullish above 3.540 AUD
My targets
4.150 AUD (+8.36%)
4.410 AUD (+15.14%)
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 EMERALD RESOURCES NL. As long as you are above the support located at 3.540 AUD, traders with an aggressive trading strategy could consider a purchase. A cross of the resistance located at 4.150 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 4.410 AUD as an objective. If the support 3.540 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 indecisive, but do not change the general bullish opinion of this analysis.
Force
0
10
3.4
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 stevejn23. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EMERALD RESOURCES NL rating 3.830 AUD. Over 5 days, this instrument lost -6.13% with the lowest point at 3.780 AUD and the highest point at 3.950 AUD. The deviation from the price is +1.32% for the low point and -3.04% for the high point.3.780
3.950
3.830
A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.
Bullish opening
Type : Bullish
Timeframe : Openning
So that you have an overall view of the price change, here is a table showing the variations over several periods:
New LOW record (1 month)
Type : Bearish
Timeframe : Weekly
Technical
Technical analysis of EMERALD RESOURCES NL in Weekly shows an overall 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. An assessment of moving averages reveals a bearish signal that could impact this trend:
Moving Average bearish crossovers : MA20 & MA50
Type : Bearish
Timeframe : Weekly
In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 7 are neutral and 5 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:
RSI indicator is back under 50
Type : Bearish
Timeframe : Weekly
Williams %R indicator is back under -50
Type : Bearish
Timeframe : Weekly
Pivot points : price is over resistance 3 (Weekly)
Type : Neutral
Timeframe : Weekly
Pivot points : price is over resistance 3 (Monthly)
Type : Neutral
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 2.760 | 3.251 | 3.740 | 3.830 | 4.410 |
| Change (%) | -27.94% | -15.12% | -2.35% | - | +15.14% |
| Change | -1.070 | -0.579 | -0.090 | - | +0.580 |
| Level | Intermediate | Major | Major | - | 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 | 3.653 | 3.717 | 3.773 | 3.837 | 3.893 | 3.957 | 4.013 |
| Camarilla | 3.797 | 3.808 | 3.819 | 3.830 | 3.841 | 3.852 | 3.863 |
| Woodie | 3.650 | 3.715 | 3.770 | 3.835 | 3.890 | 3.955 | 4.010 |
| Fibonacci | 3.717 | 3.763 | 3.791 | 3.837 | 3.883 | 3.911 | 3.957 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.423 | 3.617 | 3.808 | 4.002 | 4.193 | 4.387 | 4.578 |
| Camarilla | 3.894 | 3.929 | 3.965 | 4.000 | 4.035 | 4.071 | 4.106 |
| Woodie | 3.423 | 3.616 | 3.808 | 4.001 | 4.193 | 4.386 | 4.578 |
| Fibonacci | 3.617 | 3.764 | 3.855 | 4.002 | 4.149 | 4.240 | 4.387 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.150 | 3.540 | 3.760 | 4.150 | 4.370 | 4.760 | 4.980 |
| Camarilla | 3.812 | 3.868 | 3.924 | 3.980 | 4.036 | 4.092 | 4.148 |
| Woodie | 3.065 | 3.498 | 3.675 | 4.108 | 4.285 | 4.718 | 4.895 |
| Fibonacci | 3.540 | 3.773 | 3.917 | 4.150 | 4.383 | 4.527 | 4.760 |
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): | 49.28 | |
| MACD (12,26,9): | 0.0810 | |
| Directional Movement: | 5.624 | |
| AROON (14): | 42.857 | |
| DEMA (21): | 4.004 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.687 | |
| Elder Ray (13): | -0.075 | |
| Super Trend (3,10): | 3.326 | |
| Zig ZAG (10): | 3.830 | |
| VORTEX (21): | 0.9420 | |
| Stochastique (14,3,5): | 57.51 | |
| TEMA (21): | 3.997 | |
| Williams %R (14): | -54.20 | |
| Chande Momentum Oscillator (20): | 0.490 | |
| Repulse (5,40,3): | -2.1660 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | 0.2490 | |
| Courbe Coppock: | 25.94 |
| MA7: | 3.977 | |
| MA20: | 3.982 | |
| MA50: | 3.978 | |
| MA100: | 3.808 | |
| MAexp7: | 3.973 | |
| MAexp20: | 3.900 | |
| MAexp50: | 3.681 | |
| MAexp100: | 3.203 | |
| Price / MA7: | -3.70% | |
| Price / MA20: | -3.82% | |
| Price / MA50: | -3.72% | |
| Price / MA100: | +0.58% | |
| Price / MAexp7: | -3.60% | |
| Price / MAexp20: | -1.79% | |
| Price / MAexp50: | +4.05% | |
| Price / MAexp100: | +19.58% |
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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