EMERALD RESOURCES NL - Daily - Technical analysis published on 04/15/2025 (GMT)
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- Timeframe : Daily
- - Analysis generated on
- Status : INVALID
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
78%
0%
22%
My opinion
Bullish above 4.047 AUD
My targets
4.410 AUD (+6.27%)
My analysis
All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on EMERALD RESOURCES NL as long as the price remains well above 4.047 AUD. The buyers' bullish objective is set at 4.410 AUD. A bullish break in this resistance would boost the bullish momentum. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.
Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.9
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This analysis was given by stevejn23. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
The EMERALD RESOURCES NL price is 4.150 AUD. On the day, this instrument gained +0.73% with the lowest point at 4.100 AUD and the highest point at 4.190 AUD. The deviation from the price is +1.22% for the low point and -0.95% for the high point.4.100
4.190
4.150
The Central Gaps scanner detects a bullish gap which is a sign that buyers have taken the lead in the very short term.
Opening Gap UP
Type : Bullish
Timeframe : Openning
Here is a more detailed summary of the historical variations registered by EMERALD RESOURCES NL:
Near a new HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of this Daily chart of EMERALD RESOURCES NL indicates that the overall trend is strongly bullish. 85.71% of the signals given by moving averages are bullish. The overall trend is supported by the strong bullish signals from short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 50
Type : Bullish
Timeframe : Daily
Bullish trend reversal : adaptative moving average 100
Type : Bullish
Timeframe : Daily
The probability of a further increase is high given the direction of the technical indicators.
Caution: the Central Indicators scanner currently detects an excess:
CCI indicator is overbought : over 100
Type : Neutral
Timeframe : Daily
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Daily
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 : Daily
The presence of these Japanese chandelier patterns detected by Central Candlesticks that could impact the current short-term trend were also noted:
Bearish doji star
Type : Bearish
Timeframe : Daily
Doji
Type : Neutral
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
Price
| S3 | S2 | S1 | Price | R1 | R2 | |
|---|---|---|---|---|---|---|
| ProTrendLines | 3.460 | 3.740 | 4.047 | 4.150 | 4.160 | 4.410 |
| Change (%) | -16.63% | -9.88% | -2.48% | - | +0.24% | +6.27% |
| Change | -0.690 | -0.410 | -0.103 | - | +0.010 | +0.260 |
| Level | Minor | Intermediate | Minor | - | Minor | Major |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 4.013 | 4.057 | 4.103 | 4.147 | 4.193 | 4.237 | 4.283 |
| Camarilla | 4.125 | 4.134 | 4.142 | 4.150 | 4.158 | 4.167 | 4.175 |
| Woodie | 4.015 | 4.058 | 4.105 | 4.148 | 4.195 | 4.238 | 4.285 |
| Fibonacci | 4.057 | 4.091 | 4.112 | 4.147 | 4.181 | 4.202 | 4.237 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 2.937 | 3.173 | 3.647 | 3.883 | 4.357 | 4.593 | 5.067 |
| Camarilla | 3.925 | 3.990 | 4.055 | 4.120 | 4.185 | 4.250 | 4.315 |
| Woodie | 3.055 | 3.233 | 3.765 | 3.943 | 4.475 | 4.653 | 5.185 |
| Fibonacci | 3.173 | 3.445 | 3.612 | 3.883 | 4.155 | 4.322 | 4.593 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 3.040 | 3.370 | 3.535 | 3.865 | 4.030 | 4.360 | 4.525 |
| Camarilla | 3.564 | 3.609 | 3.655 | 3.700 | 3.745 | 3.791 | 3.836 |
| Woodie | 2.958 | 3.329 | 3.453 | 3.824 | 3.948 | 4.319 | 4.443 |
| Fibonacci | 3.370 | 3.559 | 3.676 | 3.865 | 4.054 | 4.171 | 4.360 |
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): | 58.66 | |
| MACD (12,26,9): | -0.0080 | |
| Directional Movement: | 10.019 | |
| AROON (14): | 35.714 | |
| DEMA (21): | 3.862 | |
| Parabolic SAR (0,02-0,02-0,2): | 3.456 | |
| Elder Ray (13): | 0.260 | |
| Super Trend (3,10): | 3.590 | |
| Zig ZAG (10): | 4.150 | |
| VORTEX (21): | 0.9290 | |
| Stochastique (14,3,5): | 89.03 | |
| TEMA (21): | 3.869 | |
| Williams %R (14): | -5.13 | |
| Chande Momentum Oscillator (20): | 0.370 | |
| Repulse (5,40,3): | 8.4140 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | -0.1950 | |
| Courbe Coppock: | 2.07 |
| MA7: | 3.860 | |
| MA20: | 3.873 | |
| MA50: | 4.022 | |
| MA100: | 3.795 | |
| MAexp7: | 3.926 | |
| MAexp20: | 3.887 | |
| MAexp50: | 3.900 | |
| MAexp100: | 3.869 | |
| Price / MA7: | +7.51% | |
| Price / MA20: | +7.15% | |
| Price / MA50: | +3.18% | |
| Price / MA100: | +9.35% | |
| Price / MAexp7: | +5.71% | |
| Price / MAexp20: | +6.77% | |
| Price / MAexp50: | +6.41% | |
| Price / MAexp100: | +7.26% |
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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