WEEBIT NANO LTD
WEEBIT NANO LTD
- AUD (-)
- End-of-day data - Australia Stocks
Open: -
Change: -
Volume: -
Low: -
High: -
High / Low range: -
Type: Stocks
Ticker: WBT
ISIN: AU000000WBT5

WEEBIT NANO LTD - Daily - Technical analysis published on 03/26/2025 (GMT)

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  • Timeframe : Daily
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Neutral
Underlying: Bearish
Technical indicators
56%
6%
39%
My opinion
Bearish under 2.209 AUD
My targets
1.891 AUD (-9.09%)
1.680 AUD (-19.23%)
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 WEEBIT NANO LTD. As long as you are under the resistance located at 2.209 AUD, traders with an aggressive trading strategy could consider a sale. A cross of the support located at 1.891 AUD would be a signal of a reversal in the basic trend and the short-term trend could then quickly become bearish. Sellers would then use the next support located at 1.680 AUD as an objective. Crossing it would then enable sellers to target 0.292 AUD. If the resistance 2.209 AUD were to be broken, this would simply be a sign of possible further short-term consolidation and trading against this trend would then perhaps be more risky.

In the very short term, the general bearish opinion of this analysis is in opposition with technical indicators. As long as the invalidation level of this analysis is not breached, the bearish direction is still favored, however the current short term correction should be carefully watched.
Force
0
10
0.5

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This analysis was given by stevejn23. Take part yourself by sharing additional analysis on another time unit:
Weekly

Additional analysis

Quotes

WEEBIT NANO LTD rating 2.080 AUD. On the day, this instrument gained +2.97% with the lowest point at 1.970 AUD and the highest point at 2.080 AUD. The deviation from the price is +5.58% for the low point and 0% for the high point.

1.970
2.080
2.080

A bullish opening was detected by the Central Gaps scanner. Buyers are trying to impose a bullish momentum in the very short term.

Central Gaps

Bullish opening

Type : Bullish

Timeframe : Openning



Here is a more detailed summary of the historical variations registered by WEEBIT NANO LTD:

Technical


A technical analysis in Daily of this WEEBIT NANO LTD chart shows a bearish trend. 64.29% of the signals given by moving averages are bearish. Caution: the neutral signals currently given by short-term moving averages show us that the global trend is losing momentum. The Central Indicators scanner detects a bullish signal on moving averages that could impact this trend:

Central Indicators

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily



The technical indicators are bullish. There is still some doubt about the price increase.
Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

Price is back over the pivot point (Daily)

Type : Bullish

Timeframe : Daily


Price is back under the pivot point (Daily)

Type : Bearish

Timeframe : Weekly



No signals are given by Central Patterns, a market scanner specialised in chart patterns, resistances and supports.

Central Candlesticks, the scanner specialised in Japanese candlesticks, detects these signals that could have an impact on the current short-term trend:

Central Candlesticks

White hanging man / hammer

Type : Neutral

Timeframe : Daily


Bullish harami

Type : Bullish

Timeframe : Daily




ProTrendLines
S3
S2
S1
R1
R2
R3
Price


S3S2S1PriceR1R2R3
ProTrendLines 0.292 1.680 1.891 2.080 2.209 2.540 2.840
Change (%) -85.96% -19.23% -9.09% - +6.20% +22.12% +36.54%
Change -1.788 -0.400 -0.189 - +0.129 +0.460 +0.760
Level Minor Major Intermediate - Intermediate Intermediate Minor



Attention could also be paid to pivot points to set price objectives:

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.8971.9332.0072.0432.1172.1532.227
Camarilla2.0502.0602.0702.0802.0902.1002.110
Woodie1.9151.9432.0252.0532.1352.1632.245
Fibonacci1.9331.9752.0012.0432.0852.1112.153


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.7471.8432.0072.1032.2672.3632.527
Camarilla2.0992.1222.1462.1702.1942.2182.242
Woodie1.7801.8602.0402.1202.3002.3802.560
Fibonacci1.8431.9432.0042.1032.2032.2642.363


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard1.7471.9032.0072.1632.2672.4232.527
Camarilla2.0392.0622.0862.1102.1342.1582.182
Woodie1.7201.8901.9802.1502.2402.4102.500
Fibonacci1.9032.0032.0642.1632.2632.3242.423

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): 49.37
MACD (12,26,9): -0.0360
Directional Movement: -3.152
AROON (14): 50.000
DEMA (21): 1.991
Parabolic SAR (0,02-0,02-0,2): 1.938
Elder Ray (13): -0.022
Super Trend (3,10): 2.183
Zig ZAG (10): 2.080
VORTEX (21): 0.9150
Stochastique (14,3,5): 64.44
TEMA (21): 2.053
Williams %R (14): -32.00
Chande Momentum Oscillator (20): 0.140
Repulse (5,40,3): 0.8070
ROCnROLL: -1
TRIX (15,9): -0.4560
Courbe Coppock: 3.91
MA7: 2.074
MA20: 2.022
MA50: 2.189
MA100: 2.537
MAexp7: 2.060
MAexp20: 2.059
MAexp50: 2.203
MAexp100: 2.329
Price / MA7: +0.29%
Price / MA20: +2.87%
Price / MA50: -4.98%
Price / MA100: -18.01%
Price / MAexp7: +0.97%
Price / MAexp20: +1.02%
Price / MAexp50: -5.58%
Price / MAexp100: -10.69%

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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