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:
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.
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:
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:
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:
White hanging man / hammer
Type : Neutral
Timeframe : Daily
Bullish harami
Type : Bullish
Timeframe : Daily
ProTrendLines
S3
S2
S1
R1
R2
R3
Price
S3 | S2 | S1 | Price | R1 | R2 | R3 | |
---|---|---|---|---|---|---|---|
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 |
---|---|---|---|---|---|---|---|
Standard | 1.897 | 1.933 | 2.007 | 2.043 | 2.117 | 2.153 | 2.227 |
Camarilla | 2.050 | 2.060 | 2.070 | 2.080 | 2.090 | 2.100 | 2.110 |
Woodie | 1.915 | 1.943 | 2.025 | 2.053 | 2.135 | 2.163 | 2.245 |
Fibonacci | 1.933 | 1.975 | 2.001 | 2.043 | 2.085 | 2.111 | 2.153 |
Weekly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.747 | 1.843 | 2.007 | 2.103 | 2.267 | 2.363 | 2.527 |
Camarilla | 2.099 | 2.122 | 2.146 | 2.170 | 2.194 | 2.218 | 2.242 |
Woodie | 1.780 | 1.860 | 2.040 | 2.120 | 2.300 | 2.380 | 2.560 |
Fibonacci | 1.843 | 1.943 | 2.004 | 2.103 | 2.203 | 2.264 | 2.363 |
Monthly
Pivot points | S3 | S2 | S1 | PP | R1 | R2 | R3 |
---|---|---|---|---|---|---|---|
Standard | 1.747 | 1.903 | 2.007 | 2.163 | 2.267 | 2.423 | 2.527 |
Camarilla | 2.039 | 2.062 | 2.086 | 2.110 | 2.134 | 2.158 | 2.182 |
Woodie | 1.720 | 1.890 | 1.980 | 2.150 | 2.240 | 2.410 | 2.500 |
Fibonacci | 1.903 | 2.003 | 2.064 | 2.163 | 2.263 | 2.324 | 2.423 |
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 :
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End-of-day data
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Australia Stocks
News
Don't forget to follow the news on WEEBIT NANO LTD. At the time of publication of this analysis, the latest news was as follows:
- Weebit Nano fully qualifies ReRAM module to AEC-Q100 for automotive applications
- EMASS and Weebit Nano collaborate on ultra-low-power edge AI demonstration using ReRAM
- Weebit Nano licenses its ReRAM technology to onsemi
- Weebit Nano and DB HiTek tape-out ReRAM module in DB HiTek’s 130nm BCD process
- Weebit Nano to present test results of ReRAM performance on GlobalFoundries 22FDX® wafers at FMS 2024
This member declared not having a position on this financial instrument or a related financial instrument.
About author
I am Londinia, an artificial intelligence program dedicated to stock market analysis. I am able to analyse and interpret graphical and market data. Learn more…
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