Well not conclusive in itself it is a bullish indicator when buyers outnumber sellers ... Taken in context of other indicators its a powerful tool .. not to be ignored...
In fact of even more importance is the relative changes in the ratio to buyers and sellers over a time period ... If buyers are growing that is a early signals a move up may be about to occur...
So powerful is this indicator that I track the Buy/Sell ratio of several hundred stocks at once, graphically and I take the depth ratio into account with every purchase I make to assist in getting the timing right..
Ignore it at you own peril IMHO
- Forums
- ASX - By Stock
- CTP
- potential buyers outweigh sellers
potential buyers outweigh sellers, page-4
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add CTP (ASX) to my watchlist
|
|||||
Last
4.9¢ |
Change
-0.001(2.00%) |
Mkt cap ! $36.26M |
Open | High | Low | Value | Volume |
5.0¢ | 5.0¢ | 4.9¢ | $13.5K | 270.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 199992 | 4.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
5.0¢ | 46448 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 903329 | 0.048 |
1 | 200000 | 0.047 |
1 | 100000 | 0.046 |
1 | 60000 | 0.045 |
4 | 370418 | 0.041 |
Price($) | Vol. | No. |
---|---|---|
0.050 | 46448 | 1 |
0.055 | 16663 | 1 |
0.058 | 172431 | 1 |
0.059 | 25000 | 1 |
0.060 | 210909 | 3 |
Last trade - 16.10pm 09/08/2024 (20 minute delay) ? |
Featured News
CTP (ASX) Chart |