Ok just looked it up myself cuz I'm a big boy.
It's a calculation.
So the fact the A/C was down trending while the price was dropping was a sign that the SP decrease would likely continue, then end of day with the flattening of both, and the slight inflection up of the A/C with the SP increase is indicative of a possible reversal of trend, but not a very strong indicator?
Correct me if I'm wrong, super interesting stuff, I'm a big fan of reading tea leaves (totally tongue in cheek, since I've seen TA at play in the hands of our talented chartists around here and def appreciate the role it plays)
PNV - Chart, page-7177
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Last
$2.45 |
Change
0.010(0.41%) |
Mkt cap ! $1.691B | |||
| Open | High | Low | Value | Volume |
| $2.45 | $2.51 | $2.43 | $5.243M | 2.122M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 35541 | $2.45 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.46 | 2681 | 1 |
View Market Depth
| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| PNV (ASX) Chart |