AGL ENERGY LIMITED. - Weekly - Technical analysis published on 04/18/2024 (GMT)
- 92
- 0
- Timeframe : Weekly
- - Analysis generated on
- Status : NEUTRAL
Summary of the analysis
Trends
Short term:
Neutral
Underlying:
Slightly bearish
Technical indicators
56%
6%
39%
My opinion
Neutral between 8.851 AUD and 10.240 AUD
My targets
-
My analysis
A slightly bearish trend and a neutral short term. With such a pattern, it is difficult to favour buying or selling. The first support is located at 8.851 AUD. The first resistance is located at 10.240 AUD. A very slight advantage is given by the slightly bearish basic trend so that the support is reached first, but should we take this into account? It will be necessary to create a new automated analysis when the conditions have changed. This could be the case, for example, when the first support has been broken below or the first resistance has been broken above.
Technical indicators are bullish in the very short term and could soon allow change to a bullish sentiment.
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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 AGL ENERGY LIMITED. price is 9.190 AUD. The price registered an increase of +2.11% over 5 days and was traded between 8.605 AUD and 9.210 AUD over the period. The price is currently at +6.80% from its lowest point and -0.22% from its highest point.8.605
9.210
9.190
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 HIGH record (1 month)
Type : Bullish
Timeframe : Weekly
Technical
Technical analysis of AGL ENERGY LIMITED. in Weekly shows an overall slightly bearish trend. 46.43% of the signals given by moving averages are bearish. As the signals currently given by short-term moving averages are rather neutral, the slightly bearish trend could return to neutral. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:
Bullish trend reversal : Moving Average 50
Type : Bullish
Timeframe : Weekly
Bullish trend reversal : adaptative moving average 20
Type : Bullish
Timeframe : Weekly
In fact, according to the parameters integrated into the Central Analyzer system, 10 technical indicators out of 18 analysed are currently bullish. But beware of excesses. The Central Indicators scanner currently detects this:
Williams %R indicator is overbought : over -20
Type : Neutral
Timeframe : Weekly
RSI indicator is back over 50
Type : Bullish
Timeframe : Weekly
The analysis of the price chart with Central Patterns scanners does not return any result.
The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
| S3 | S2 | S1 | Price | R1 | R2 | R3 | |
|---|---|---|---|---|---|---|---|
| ProTrendLines | 6.390 | 7.858 | 8.851 | 9.190 | 10.240 | 12.206 | 14.150 |
| Change (%) | -30.47% | -14.49% | -3.69% | - | +11.43% | +32.82% | +53.97% |
| Change | -2.800 | -1.332 | -0.339 | - | +1.050 | +3.016 | +4.960 |
| Level | Minor | Major | Major | - | Intermediate | Major | Minor |
Attention could also be paid to pivot points to set price objectives:
Daily
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.380 | 8.550 | 8.870 | 9.040 | 9.360 | 9.530 | 9.850 |
| Camarilla | 9.055 | 9.100 | 9.145 | 9.190 | 9.235 | 9.280 | 9.325 |
| Woodie | 8.455 | 8.588 | 8.945 | 9.078 | 9.435 | 9.568 | 9.925 |
| Fibonacci | 8.550 | 8.737 | 8.853 | 9.040 | 9.227 | 9.343 | 9.530 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 8.027 | 8.263 | 8.637 | 8.873 | 9.247 | 9.483 | 9.857 |
| Camarilla | 8.842 | 8.898 | 8.954 | 9.010 | 9.066 | 9.122 | 9.178 |
| Woodie | 8.095 | 8.298 | 8.705 | 8.908 | 9.315 | 9.518 | 9.925 |
| Fibonacci | 8.263 | 8.496 | 8.640 | 8.873 | 9.106 | 9.250 | 9.483 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.203 | 7.707 | 8.023 | 8.527 | 8.843 | 9.347 | 9.663 |
| Camarilla | 8.115 | 8.190 | 8.265 | 8.340 | 8.415 | 8.490 | 8.566 |
| Woodie | 7.110 | 7.660 | 7.930 | 8.480 | 8.750 | 9.300 | 9.570 |
| Fibonacci | 7.707 | 8.020 | 8.213 | 8.527 | 8.840 | 9.033 | 9.347 |
Numerical data
The following is the status of the technical indicators and moving averages at the time of publication of this technical analysis:
Technical indicators
Moving averages
| RSI (14): | 51.04 | |
| MACD (12,26,9): | -0.2980 | |
| Directional Movement: | -3.818 | |
| AROON (14): | -28.571 | |
| DEMA (21): | 8.569 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.922 | |
| Elder Ray (13): | 0.081 | |
| Super Trend (3,10): | 9.820 | |
| Zig ZAG (10): | 9.190 | |
| VORTEX (21): | 0.9060 | |
| Stochastique (14,3,5): | 66.73 | |
| TEMA (21): | 8.390 | |
| Williams %R (14): | -1.42 | |
| Chande Momentum Oscillator (20): | 0.390 | |
| Repulse (5,40,3): | 9.9330 | |
| ROCnROLL: | -1 | |
| TRIX (15,9): | -0.6270 | |
| Courbe Coppock: | 10.23 |
| MA7: | 8.946 | |
| MA20: | 8.661 | |
| MA50: | 8.598 | |
| MA100: | 8.918 | |
| MAexp7: | 8.792 | |
| MAexp20: | 8.988 | |
| MAexp50: | 9.240 | |
| MAexp100: | 9.315 | |
| Price / MA7: | +2.73% | |
| Price / MA20: | +6.11% | |
| Price / MA50: | +6.89% | |
| Price / MA100: | +3.05% | |
| Price / MAexp7: | +4.53% | |
| Price / MAexp20: | +2.25% | |
| Price / MAexp50: | -0.54% | |
| Price / MAexp100: | -1.34% |
Quotes :
-
End-of-day data
-
Australia Stocks
This member declared not having a position on this financial instrument or a related financial instrument.
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