EVOLUTION MINING LIMITED - Weekly - Technical analysis published on 06/12/2025 (GMT)
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- Timeframe : Weekly
- - Analysis generated on
- Status : TARGET REACHED
Summary of the analysis
Trends
Short term:
Strongly bullish
Underlying:
Strongly bullish
Technical indicators
61%
11%
28%
My opinion
Bullish above 7.837 AUD
My targets
8.870 AUD (+4.11%)
My analysis
EVOLUTION MINING LIMITED is part of a very strong bullish trend. Traders may consider trading only long positions (at the time of purchase) as long as the price remains well above 7.837 AUD. The next resistance located at 8.870 AUD is the next bullish objective to be reached. A bullish break in this resistance would boost the bullish momentum. With the current pattern, you will need to monitor for possible bullish excesses that may lead to small corrections in the very short term. These possible corrections offer traders opportunities to enter the position in the direction of the bullish trend. Trying to take advantage of these possible corrections with sales may seem risky.
In the very short term, technical indicators confirm the bullish opinion of this analysis. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.
Force
0
10
7.7
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This analysis was given by stevejn23. Take part yourself by sharing additional analysis on another time unit:
Additional analysis
Quotes
EVOLUTION MINING LIMITED rating 8.520 AUD. The price is lower by -6.06% over the 5 days and has been traded over the last 5 days between 8.420 AUD and 8.690 AUD. This implies that the 5 day price is +1.19% from its lowest point and -1.96% from its highest point.8.420
8.690
8.520
A study of price movements over other periods shows the following variations:
Abnormal volumes
Timeframe : 20 days
Abnormal volumes
Timeframe : 50 days
Technical
Technical analysis of EVOLUTION MINING LIMITED 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. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.
The probability of a further increase are moderate given the direction of the technical indicators.
Other results related to technical indicators were also found by the Central Indicators scanner:
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 presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:
Bullish doji star
Type : Bullish
Timeframe : Weekly
ProTrendLines
S3
S2
S1
R1
Price
| S3 | S2 | S1 | Price | R1 | |
|---|---|---|---|---|---|
| ProTrendLines | 2.880 | 4.156 | 6.449 | 8.520 | 8.870 |
| Change (%) | -66.20% | -51.22% | -24.31% | - | +4.11% |
| Change | -5.640 | -4.364 | -2.071 | - | +0.350 |
| Level | Intermediate | Intermediate | Major | - | Intermediate |
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 | 8.247 | 8.333 | 8.427 | 8.513 | 8.607 | 8.693 | 8.787 |
| Camarilla | 8.471 | 8.487 | 8.504 | 8.520 | 8.537 | 8.553 | 8.570 |
| Woodie | 8.250 | 8.335 | 8.430 | 8.515 | 8.610 | 8.695 | 8.790 |
| Fibonacci | 8.333 | 8.402 | 8.445 | 8.513 | 8.582 | 8.625 | 8.693 |
Weekly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 7.283 | 7.957 | 8.423 | 9.097 | 9.563 | 10.237 | 10.703 |
| Camarilla | 8.577 | 8.681 | 8.786 | 8.890 | 8.995 | 9.099 | 9.204 |
| Woodie | 7.180 | 7.905 | 8.320 | 9.045 | 9.460 | 10.185 | 10.600 |
| Fibonacci | 7.957 | 8.392 | 8.661 | 9.097 | 9.532 | 9.801 | 10.237 |
Monthly
| Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Standard | 6.167 | 6.823 | 7.837 | 8.493 | 9.507 | 10.163 | 11.177 |
| Camarilla | 8.391 | 8.544 | 8.697 | 8.850 | 9.003 | 9.156 | 9.309 |
| Woodie | 6.345 | 6.913 | 8.015 | 8.583 | 9.685 | 10.253 | 11.355 |
| Fibonacci | 6.823 | 7.461 | 7.855 | 8.493 | 9.131 | 9.525 | 10.163 |
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): | 65.92 | |
| MACD (12,26,9): | 0.9130 | |
| Directional Movement: | 20.779 | |
| AROON (14): | 85.714 | |
| DEMA (21): | 8.709 | |
| Parabolic SAR (0,02-0,02-0,2): | 7.112 | |
| Elder Ray (13): | 0.541 | |
| Super Trend (3,10): | 6.888 | |
| Zig ZAG (10): | 8.520 | |
| VORTEX (21): | 1.2090 | |
| Stochastique (14,3,5): | 77.87 | |
| TEMA (21): | 9.031 | |
| Williams %R (14): | -33.33 | |
| Chande Momentum Oscillator (20): | 1.660 | |
| Repulse (5,40,3): | -0.4890 | |
| ROCnROLL: | 1 | |
| TRIX (15,9): | 2.1080 | |
| Courbe Coppock: | 72.12 |
| MA7: | 8.979 | |
| MA20: | 8.649 | |
| MA50: | 8.120 | |
| MA100: | 7.157 | |
| MAexp7: | 8.454 | |
| MAexp20: | 7.530 | |
| MAexp50: | 6.190 | |
| MAexp100: | 5.219 | |
| Price / MA7: | -5.11% | |
| Price / MA20: | -1.49% | |
| Price / MA50: | +4.93% | |
| Price / MA100: | +19.04% | |
| Price / MAexp7: | +0.78% | |
| Price / MAexp20: | +13.15% | |
| Price / MAexp50: | +37.64% | |
| Price / MAexp100: | +63.25% |
Quotes :
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End-of-day data
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Australia Stocks
News
The latest news and videos published on EVOLUTION MINING LIMITED at the time of the analysis were as follows:
- Northern Superior and Evolution Mining Enter Earn-in and Joint Venture Agreement on October Gold Property
- Evolution Mining Deploys Aspen Technology Software to Mitigate Unplanned Downtime and Improve Plant Performance
- Battle North Announces the Completion of the Plan of Arrangement with Evolution Mining
- Battle North Obtains Final Order of the Court Approving Arrangement with Evolution Mining
- ISS and Glass Lewis Support the Plan of Arrangement Between Battle North Gold Corporation and Evolution Mining Limited
This member declared not having a position on this financial instrument or a related financial instrument.
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