BIONOMICS LTD.

Open:	-
Change:	-
Volume:	-

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

Type:	Stocks
Ticker:	BNOX
ISIN:

BIONOMICS LTD. - 1H - Technical analysis published on 03/31/2023 (GMT)

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Timeframe : 1H
- Analysis generated on
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BIONOMICS LTD. Chart

Summary of the analysis

Trends

Short term: Strongly bullish

Underlying: Neutral

Technical indicators

83%

17%

My opinion

Bullish above 2.64 USD

My targets

2.98 USD (+4.46%)

3.18 USD (+11.68%)

My analysis

The strong short-term increase of BIONOMICS LTD. should quickly allow the basic trend to become bullish. As long as the price remains above the support located at 2.64 USD, a purchase could be considered. The first bullish objective is located at 2.98 USD. The bullish momentum would be boosted by a break in this resistance. Buyers could then target the resistance located at 3.18 USD. If there is any crossing, the next objective would be the resistance at 3.74 USD. Caution, if there is a return under 2.64 USD, it should not be forgotten that the basic trend is not yet clear. Caution would then be required.

Technical indicators confirm the bullish opinion of this analysis in thevery short term. However, be careful of excessive bullish movements. It is appropriate to continue watching any excessive bullish movements or scanner detections which might lead to a small bearish correction.

Force

4.5

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 aba0550.

Additional analysis

Quotes

BIONOMICS LTD. rating 2.85 USD. The price registered an increase of +58.33% on the session and was between 1.92 USD and 2.97 USD. This implies that the price is at +48.44% from its lowest and at -4.04% from its highest.

1.92

2.97

2.85

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

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

The Central Records scanner, which identifies the highest / lowest, has detected an element:

New LOW record (5 years)

Type : Bearish

Timeframe : Weekly

Abnormal volumes on BIONOMICS LTD. were detected by the Central Volumes scanner:

Abnormal volumes

Timeframe : 20 days

Abnormal volumes

Timeframe : 50 days

Technical

Technical analysis of BIONOMICS LTD. in 1H shows a neutral overall trend. The trend could quickly turn bullish due to the strong bullish signals currently being given by short-term moving averages. The Central Indicators market scanner is currently detecting several bullish signals that could impact this trend:

Bullish price crossover with adaptative moving average 20

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 50

Type : Bullish

Timeframe : 1 hour

Bullish price crossover with adaptative moving average 100

Type : Bullish

Timeframe : 1 hour

In fact, according to the parameters integrated into the Central Analyzer system, 15 technical indicators out of 18 analysed are currently bullish. Caution: the Central Indicators scanner currently detects an excess:

CCI indicator is overbought : over 100

Type : Neutral

Timeframe : 1 hour

Williams %R indicator is overbought : over -20

Type : Neutral

Timeframe : 1 hour

Central Indicators, the scanner specialised in technical indicators, has identified these signals:

Pivot points : price is over resistance 3

Type : Neutral

Timeframe : 1 hour

Price is back over the pivot point

Type : Bullish

Timeframe : Weekly

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

The presence of a bullish Japanese candlestick pattern detected by Central Candlesticks that could cause a very short term rebound was also detected:

Upside gap

Type : Bullish

Timeframe : 1 hour

ProTrendLines

Price

	S1	Price	R1	R2	R3
ProTrendLines	2.64	2.85	3.74	4.63	7.77
Change (%)	-7.37%	-	+31.23%	+62.46%	+172.63%
Change	-0.21	-	+0.89	+1.78	+4.92
Level	Intermediate	-	Minor	Minor	Major

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

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.27	1.53	1.67	1.93	2.07	2.33	2.47
Camarilla	1.69	1.73	1.76	1.80	1.84	1.87	1.91
Woodie	1.20	1.50	1.60	1.90	2.00	2.30	2.40
Fibonacci	1.53	1.69	1.78	1.93	2.09	2.18	2.33

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	1.47	1.84	2.04	2.41	2.61	2.98	3.18
Camarilla	2.09	2.15	2.20	2.25	2.30	2.36	2.41
Woodie	1.40	1.80	1.97	2.37	2.54	2.94	3.11
Fibonacci	1.84	2.05	2.19	2.41	2.62	2.76	2.98

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	-0.02	1.23	2.12	3.37	4.26	5.51	6.40
Camarilla	2.41	2.61	2.80	3.00	3.20	3.39	3.59
Woodie	-0.21	1.14	1.93	3.28	4.07	5.42	6.21
Fibonacci	1.23	2.05	2.56	3.37	4.19	4.70	5.51

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):	62.35
MACD (12,26,9):	0.0100
Directional Movement:	16.24
AROON (14):	35.71
DEMA (21):	2.16
Parabolic SAR (0,02-0,02-0,2):	1.83
Elder Ray (13):	0.27
Super Trend (3,10):	1.90
Zig ZAG (10):	2.50
VORTEX (21):	0.9000
Stochastique (14,3,5):	83.49
TEMA (21):	2.22
Williams %R (14):	-11.25
Chande Momentum Oscillator (20):	0.52
Repulse (5,40,3):	22.1500
ROCnROLL:	1
TRIX (15,9):	-0.3200
Courbe Coppock:	8.63

MA7:	2.24
MA20:	2.82
MA50:	3.40
MA100:	5.07
MAexp7:	2.30
MAexp20:	2.16
MAexp50:	2.27
MAexp100:	2.54
Price / MA7:	+27.23%
Price / MA20:	+1.06%
Price / MA50:	-16.18%
Price / MA100:	-43.79%
Price / MAexp7:	+23.91%
Price / MAexp20:	+31.94%
Price / MAexp50:	+25.55%
Price / MAexp100:	+12.20%

Quotes : - 15 min delayed data - NASDAQ Stocks

News

Don't forget to follow the news on BIONOMICS LTD.. 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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