DRONESHIELD LIMITED

- AUD (-)

- End-of-day data - Australia Stocks

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Stocks
Ticker:	DRO
ISIN:	AU000000DRO2

DRONESHIELD LIMITED - Daily - Technical analysis published on 05/07/2024 (GMT)

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Timeframe : Daily
- Analysis generated on
Status : TARGET REACHED

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Strongly bullish

Technical indicators

33%

17%

50%

My opinion

Bullish above 0.810 AUD

My targets

0.930 AUD (+6.29%)

1.060 AUD (+21.14%)

My analysis

All elements being clearly bullish, it would be possible for traders to trade only long positions (at the time of purchase) on DRONESHIELD LIMITED as long as the price remains well above 0.810 AUD. The buyers' bullish objective is set at 0.930 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.060 AUD. If there is any crossing, the next objective would be the resistance located at 1.120 AUD. However, beware of bullish excesses that could lead to a possible short-term correction; but this possible correction would not be tradeable.

In the very short term, the general bullish sentiment is not called into question, despite technical indicators being indecisive.

Force

6.6

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

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

Additional analysis

Quotes

DRONESHIELD LIMITED rating 0.875 AUD. The price has increased by +5.42% since the last closing and was between 0.815 AUD and 0.880 AUD. This implies that the price is at +7.36% from its lowest and at -0.57% from its highest.

0.815

0.880

0.875

The Central Gaps scanner detects a bullish opening. A small advantage for buyers in the very short term.

Bullish opening

Type : Bullish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows an item:

Near a new LOW record (1 month)

Type : Bearish

Timeframe : Weekly

The Central Volumes scanner notes the presence of abnormal volumes:

Abnormal volumes

Timeframe : 5 days

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of DRONESHIELD LIMITED in Daily 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 detects a bullish signal on moving averages that could impact this trend:

Bullish price crossover with Moving Average 20

Type : Bullish

Timeframe : Daily

In fact, Central Analyzer took into account 18 technical indicators and the result was as follows: 6 are bullish, 9 are neutral and 3 are bearish. Central Indicators, the detector scanner for these technical indicators has recently detected several signals:

Pivot points : price is over resistance 1

Type : Neutral

Timeframe : Weekly

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : Daily

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

No result was found by the Central Candlesticks scanner on Japanese candlesticks.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	0.595	0.704	0.810	0.875	0.930	1.120
Change (%)	-32.00%	-19.54%	-7.43%	-	+6.29%	+28.00%
Change	-0.280	-0.171	-0.065	-	+0.055	+0.245
Level	Intermediate	Minor	Minor	-	Major	Intermediate

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.768	0.792	0.833	0.857	0.898	0.922	0.963
Camarilla	0.857	0.863	0.869	0.875	0.881	0.887	0.893
Woodie	0.778	0.796	0.843	0.861	0.908	0.926	0.973
Fibonacci	0.792	0.817	0.832	0.857	0.882	0.897	0.922

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.715	0.746	0.788	0.819	0.861	0.892	0.934
Camarilla	0.810	0.817	0.823	0.830	0.837	0.843	0.850
Woodie	0.721	0.749	0.794	0.822	0.867	0.895	0.940
Fibonacci	0.746	0.774	0.791	0.819	0.847	0.864	0.892

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	0.290	0.525	0.675	0.910	1.060	1.295	1.445
Camarilla	0.719	0.754	0.790	0.825	0.860	0.896	0.931
Woodie	0.248	0.504	0.633	0.889	1.018	1.274	1.403
Fibonacci	0.525	0.672	0.763	0.910	1.057	1.148	1.295

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):	54.91
MACD (12,26,9):	0.0250
Directional Movement:	12.333
AROON (14):	-35.715
DEMA (21):	0.879
Parabolic SAR (0,02-0,02-0,2):	0.996
Elder Ray (13):	-0.002
Super Trend (3,10):	1.017
Zig ZAG (10):	0.875
VORTEX (21):	0.8950
Stochastique (14,3,5):	16.67
TEMA (21):	0.861
Williams %R (14):	-73.37
Chande Momentum Oscillator (20):	-0.075
Repulse (5,40,3):	6.4750
ROCnROLL:	1
TRIX (15,9):	0.7230
Courbe Coppock:	3.01

MA7:	0.829
MA20:	0.858
MA50:	0.768
MA100:	0.604
MAexp7:	0.847
MAexp20:	0.839
MAexp50:	0.761
MAexp100:	0.647
Price / MA7:	+5.55%
Price / MA20:	+1.98%
Price / MA50:	+13.93%
Price / MA100:	+44.87%
Price / MAexp7:	+3.31%
Price / MAexp20:	+4.29%
Price / MAexp50:	+14.98%
Price / MAexp100:	+35.24%

Quotes : - End-of-day data - Australia Stocks

News

Don't forget to follow the news on DRONESHIELD LIMITED. At the time of publication of this analysis, the latest news was as follows:

This member declared not having a position on this financial instrument or a related financial instrument.

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