From 'Buysellsignals' 06/03/2015
Metcash Limited, Australia's 3rd largest food &
staples retailing company by market cap,
increased 0.50c (or 0.3%) to close at $1.48.
The current short selling volume of 1,282,106
shares is 0.5 times its own historical average of
0.3%. The short sell percent defined by short
selling volume/average daily volume was 0.3
for the day and as per that indicator the stock
ranked in the bottom 10% of the Australian
market. This is a bullish indicator. Compared
with the All Ordinaries Index which fell 15.9
points (or 0.3%) in the day, this represented a
relative price increase of 0.6%.
(other bullish and bearish indicators)
The current short volume is 0.5 times its own historical
average of 0.3%. It plummeted 51.9% from the previous
day, plummeted 75.5% from a week ago and
plummeted 77.1% from a month ago, a significant bullish
indicator.
I dont know about you but I quite like when shorts start to close their positions. In hindsight I stuffed up my entrypoint (got in at 1.6 - rather be in at todays price!) but I think this will work out. Hopefully.
FYI the report concludes with long term bullish but short term neutral.
DYOR
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Last
$3.58 |
Change
0.020(0.56%) |
Mkt cap ! $3.946B |
Open | High | Low | Value | Volume |
$3.57 | $3.62 | $3.55 | $5.266M | 1.465M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
15 | 13421 | $3.58 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.59 | 94663 | 29 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
16 | 13452 | 3.580 |
22 | 170479 | 3.570 |
15 | 76141 | 3.560 |
15 | 64244 | 3.550 |
14 | 80932 | 3.540 |
Price($) | Vol. | No. |
---|---|---|
3.590 | 94662 | 29 |
3.600 | 76073 | 19 |
3.610 | 148857 | 18 |
3.620 | 124785 | 19 |
3.630 | 109093 | 12 |
Last trade - 15.26pm 10/09/2024 (20 minute delay) ? |
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