10 XP 0   0   5  
0coffee
Main menu

📉 The Great Reset 📈

Data gone? Yes, I pulled the plug. I shut down my paid data feeds and deleted the entire dataset to become fully independent.

No worries! Penke(Bot) will find new copyright-free data.

Curious how? Read it here… 🥸 Penke

$BIM (Bindi Metals Limited) Price Analysis
Buy, Hold or Sell?

Let's analyze Bindi Metals Limited together

Penke

I guess you are interested in Bindi Metals Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

  • 📈 Technical Analysis (TA) – Bindi Metals Limited’s Price Targets

I'm going to help you getting a better view of Bindi Metals Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

Get notifications about Bindi Metals Limited

I send you an email if I find something interesting about Bindi Metals Limited.


Technical Analysis of Bindi Metals Limited
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Bindi Metals Limited. The general trend of Bindi Metals Limited is NEUTRAL with 0.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Bindi Metals Limited's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (0.0%) Bearish trend (0.0%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Neutral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Neutral to overboughtOverbought=Overbought

1. Bindi Metals Limited Price Targets

1.1 sr

Score

Let's take a look at the sr of Bindi Metals Limited.

  • The price is currently trading around a support level. This can be considered as a potential entry level.
Bindi Metals Limited Daily sr Chart
3rd party ad coffee SUPPORTERis ad-free.

2. Trend Indicators

2.1 Moving Averages

Score

Let's take a look at the Moving Averages of Bindi Metals Limited.

  • The SHORT shows a strengthening upward trend.
  • Price action is trading under pressure relative to the SHORT.
  • The SHORT is leading the MEDIUM, indicating positive trend alignment.
  • The SHORT is lagging behind the INTER, indicating weaker trend alignment.
  • The SHORT is leading the LONG, indicating positive trend alignment.
  • The MEDIUM shows weakening trend behaviour.
  • Price action is supported by the MEDIUM.
  • The MEDIUM is lagging behind the INTER, indicating weaker trend alignment.
  • The MEDIUM is lagging behind the LONG, indicating weaker trend alignment.
  • The INTER shows weakening trend behaviour.
  • Price action is trading under pressure relative to the INTER.
  • The INTER is leading the LONG, indicating positive trend alignment.
  • The LONG shows a strengthening upward trend.
  • Price action is supported by the LONG.

Directionalities and relatives.

Moving AverageTrendPricevs. MEDIUMvs. INTERvs. LONG
SHORT
MEDIUM
INTER
LONG

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Bindi Metals Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Bindi Metals Limited.

  • Momentum is leaning bearish. Selling pressure outweighs buying interest, indicating increased caution and reduced risk appetite among market participants.
  • Overall momentum is positive. Market conditions reflect constructive sentiment, with buyers gradually gaining influence and supporting a favorable environment for Bindi Metals Limited.
  • Momentum is weakening. Bearish pressure is increasing as confidence fades and market participants shift toward defensive positioning.
Bindi Metals Limited Daily Moving Average Convergence/Divergence (MACD) ChartBindi Metals Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

Score

Let's take a look at the Directional Movement Index (DMI) of Bindi Metals Limited.

  • Directional bias favors sellers. Selling pressure dominates buying interest, reflecting cautious sentiment and increasing downside pressure.
  • Directional bias is mildly bearish, but overall trend conditions remain weak and lack clear directional commitment.
Bindi Metals Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Score

Let's take a look at the Parabolic SAR of Bindi Metals Limited.

  • Price action is under pressure relative to the prevailing trend structure, which is commonly interpreted as a bearish market signal.
Bindi Metals Limited Daily Parabolic SAR Chart
3rd party ad coffee SUPPORTERis ad-free.

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Score

Let's take a look at the Relative Strength Index (RSI) of Bindi Metals Limited. The current phase is Continuation in bear market.

  • Downtrend continues after a consolidation or pullback. Hold or add to short positions.
Bindi Metals Limited Daily Relative Strength Index (RSI) ChartBindi Metals Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Score

Let's take a look at the Stochastic Oscillator of Bindi Metals Limited. The current phase is Oversold in neutral market.

  • Momentum favors sellers, indicating reduced buying interest and growing downside pressure.
  • Selling pressure appears exhausted, often seen near potential stabilization or rebound phases.
  • Momentum is leaning bearish, with selling pressure outweighing buying interest and signaling increased short-term caution for Bindi Metals Limited.
  • Momentum is weakening as selling pressure increases and short-term sentiment deteriorates.
Bindi Metals Limited Daily Stochastic Oscillator ChartBindi Metals Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Score

Let's take a look at the Commodity Channel Index (CCI) of Bindi Metals Limited.

Bindi Metals Limited Daily Commodity Channel Index (CCI) ChartBindi Metals Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Bindi Metals Limited.

  • Momentum is leaning negative, indicating cautious market conditions and increasing downside participation.
Bindi Metals Limited Daily Chande Momentum Oscillator (CMO) ChartBindi Metals Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

Score

Let's take a look at the Williams %R of Bindi Metals Limited.

  • Downward momentum appears stretched, suggesting selling pressure may be exhausted and conditions could stabilize or rebound.
Bindi Metals Limited Daily Williams %R ChartBindi Metals Limited Daily Williams %R Chart
3rd party ad coffee SUPPORTERis ad-free.

4. Volatility Indicators

4.1 Bollinger Bands

Score

Let's take a look at the Bollinger Bands of Bindi Metals Limited.

Bindi Metals Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)

Score

Let's take a look at the Average True Range (ATR) of Bindi Metals Limited.

Bindi Metals Limited Daily Average True Range (ATR) ChartBindi Metals Limited Daily Average True Range (ATR) Chart
3rd party ad coffee SUPPORTERis ad-free.

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Score

Let's take a look at the On-Balance Volume (OBV) of Bindi Metals Limited.

Bindi Metals Limited Daily On-Balance Volume (OBV) ChartBindi Metals Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Score

Let's take a look at the Money Flow Index (MFI) of Bindi Metals Limited.

  • Money flow favors sellers, indicating reduced buying interest and growing downside pressure.
  • Selling pressure appears exhausted, often seen near potential stabilization or rebound phases.
Bindi Metals Limited Daily Money Flow Index (MFI) ChartBindi Metals Limited Daily Money Flow Index (MFI) Chart
3rd party ad coffee SUPPORTERis ad-free.

6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Bindi Metals Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal

6.3. Candlestick Patterns

Bindi Metals Limited Daily Candlestick Chart
DateCandlestick Pattern
Penke

Good job! You gained 10 XP and 0   0   5 . What's next:

  • Share my analysis of Bindi Metals Limited with someone you think should read this too:
  • Are you bullish or bearish on Bindi Metals Limited? Let me know what you think in the comments.
  • Do you want an email if I find something interesting about Bindi Metals Limited? Add an email alert using the form below.
  • Join the community if you want to keep your earnings and track your progress: Join the community
  • Is my analysis useful to you? coffee Support Penke with Coffee coffee so I can develop more tools and provide more market analysis for you. Thanks in advance!

Get notifications about Bindi Metals Limited

I send you an email if I find something interesting about Bindi Metals Limited.

Comments

How you think about this?

Leave a comment
3rd party ad coffee SUPPORTERis ad-free.