They are not useless at all. He has proven on many stocks to be quite reasonable (I wouldn’t go as far as to say good) contra-indicator. Reliability isn’t there but overall on average quite useful imho. Particularly useful to completely avoid the stocks be ramps, that’s sure fire loss avoidance.
FMG Technical Analysis, page-10528
Add FMG (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$25.57 |
Change
-0.940(3.55%) |
Mkt cap ! $78.72B | |||
| Open | High | Low | Value | Volume |
| $25.79 | $26.11 | $25.57 | $166.3M | 6.460M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 39610 | $25.57 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $25.58 | 1200 | 1 |
View Market Depth
| Last trade - 16.10pm 29/05/2024 (20 minute delay) ? |
|
|||||
|
Last
$25.64 |
Change
-0.940 ( 3.37 %) |
||||
| Open | High | Low | Volume | ||
| $25.79 | $26.11 | $25.62 | 839451 | ||
| Last updated 15.59pm 29/05/2024 ? | |||||
| FMG (ASX) Chart |