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
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 (20min delay)
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Last
$26.51 |
Change
0.000(0.00%) |
Mkt cap ! $81.62B | |||
| Open | High | Low | Value | Volume |
| $26.62 | $26.66 | $26.40 | $68.31M | 2.577M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 6981 | $26.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $26.51 | 5963 | 1 |
View Market Depth
| Last trade - 16.10pm 28/05/2024 (20 minute delay) ? |
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Last
$26.53 |
Change
0.000 ( 0.10 %) |
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| Open | High | Low | Volume | ||
| $26.62 | $26.66 | $26.41 | 717848 | ||
| Last updated 15.59pm 28/05/2024 ? | |||||
| FMG (ASX) Chart |