DRONESHIELD LIMITED
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 - Weekly - Technical analysis published on 02/24/2025 (GMT)

  • 109
  • 0
I am delighted to see that my first price objective has been achieved. I hope you've taken advantage of it.
Click here for a new analysis!
  • Timeframe : Weekly
  • - Analysis generated on
  • Status : TARGET REACHED

Summary of the analysis

Trends
Short term: Bullish
Underlying: Bullish
Technical indicators
67%
6%
28%
My opinion
Bullish above 0.698 AUD
My targets
0.975 AUD (+12.07%)
1.067 AUD (+22.61%)
My analysis
All elements being rather bullish, it would be possible for traders to only trade long positions (at the time of purchase) on DRONESHIELD LIMITED as long as the price remains well above 0.698 AUD. The buyers' bullish objective is set at 0.975 AUD. A bullish break in this resistance would boost the bullish momentum. The buyers could then target the resistance located at 1.067 AUD. If there is any crossing, the next objective would be the resistance located at 1.458 AUD. Be careful, the short term currently seems to be losing momentum. Its reversal would lead to mitigation of the, bullish, basic trend. If you have another key point closer to the current price, it would be better to only trade long positions (at the time of purchase) above that key point.

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
5.5

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:
Daily

Additional analysis

Quotes

The DRONESHIELD LIMITED rating is 0.870 AUD. Over 5 days, this instrument gained +41.46% with the lowest point at 0.630 AUD and the highest point at 0.870 AUD. The deviation from the price is +38.10% for the low point and 0% for the high point.

0.630
0.870
0.870

A bearish opening was detected by the Central Gaps scanner. Sellers are trying to impose a bearish trend in the very short term.

Central Gaps

Bearish opening

Type : Bearish

Timeframe : Openning



So that you have an overall view of the price change, here is a table showing the variations over several periods:
The Central Records scanner, which identifies the highest / lowest, has detected several elements:

Central Records

New HIGH record (1st january)

Type : Bullish

Timeframe : Weekly


New HIGH record (1 month)

Type : Bullish

Timeframe : Weekly



Technical


A technical analysis in Weekly of this DRONESHIELD LIMITED chart shows a bullish trend. 75.00% of the signals given by moving averages are bullish. This bullish trend shows slight signs of slowing down given the slightly bullish signals given by the short-term moving averages. The Central Indicators scanner detects bullish signals on moving averages that could impact this trend:

Central Indicators

Bullish trend reversal : Moving Average 50

Type : Bullish

Timeframe : Weekly


Bullish trend reversal : adaptative moving average 100

Type : Bullish

Timeframe : Weekly


Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : Weekly



The probability of a further increase are moderate given the direction of the technical indicators.
But beware of excesses. The Central Indicators scanner currently detects this:

Central Indicators

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : Weekly

Other results related to technical indicators were also found by the Central Indicators scanner:

Central Indicators

RSI indicator is back over 50

Type : Bullish

Timeframe : Weekly


Aroon indicator bullish trend

Type : Bullish

Timeframe : Weekly



Central Patterns, the market scanner focusing on chart patterns, resistances and supports found this result:

Central Patterns

Near horizontal resistance

Type : Bearish

Timeframe : Weekly



The Central Candlesticks scanner which studies Japanese candlesticks did not detect anything.


ProTrendLines
S2
S1
R1
R2
R3
Price


S2S1PriceR1R2R3
ProTrendLines 0.161 0.430 0.870 0.975 1.458 2.600
Change (%) -81.49% -50.57% - +12.07% +67.59% +198.85%
Change -0.709 -0.440 - +0.105 +0.588 +1.730
Level Intermediate Major - Intermediate Intermediate Major



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

Daily
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.7200.7500.8100.8400.9000.9300.990
Camarilla0.8450.8540.8620.8700.8780.8870.895
Woodie0.7350.7580.8250.8480.9150.9381.005
Fibonacci0.7500.7840.8060.8400.8740.8960.930


Weekly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.4270.5130.6570.7430.8870.9731.117
Camarilla0.7370.7580.7790.8000.8210.8420.863
Woodie0.4550.5280.6850.7580.9150.9881.145
Fibonacci0.5130.6010.6560.7430.8310.8860.973


Monthly
Pivot points S3 S2 S1 PP R1 R2 R3
Standard0.3020.4430.5570.6980.8120.9531.067
Camarilla0.6000.6230.6470.6700.6930.7170.740
Woodie0.2880.4360.5430.6910.7980.9461.053
Fibonacci0.4430.5410.6010.6980.7960.8560.953

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): 51.19
MACD (12,26,9): -0.0890
Directional Movement: 4.285
AROON (14): 28.571
DEMA (21): 0.685
Parabolic SAR (0,02-0,02-0,2): 0.585
Elder Ray (13): 0.066
Super Trend (3,10): 1.018
Zig ZAG (10): 0.870
VORTEX (21): 0.8040
Stochastique (14,3,5): 67.29
TEMA (21): 0.623
Williams %R (14): 0.00
Chande Momentum Oscillator (20): 0.200
Repulse (5,40,3): 29.4310
ROCnROLL: 1
TRIX (15,9): -1.7540
Courbe Coppock: 19.49
MA7: 0.697
MA20: 0.656
MA50: 0.676
MA100: 0.803
MAexp7: 0.746
MAexp20: 0.808
MAexp50: 0.867
MAexp100: 0.748
Price / MA7: +24.82%
Price / MA20: +32.62%
Price / MA50: +28.70%
Price / MA100: +8.34%
Price / MAexp7: +16.62%
Price / MAexp20: +7.67%
Price / MAexp50: +0.35%
Price / MAexp100: +16.31%

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

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

About author

Online

Overall rating :
15828
Number of analyses :
Followers :
0
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…

Add a comment

Comments

0 comments on the analysis DRONESHIELD LIMITED - Weekly