That's correct. Most of these graphs are irrational as they contradict Efficient Market Hypothesis theory - that is, they assume the world is deterministic rather than individuals having freewill. Hence, < 50% of the time have any predictive power - hence, no one has been able to write a trading algorithm that works.
No one knows what public news will come out tomorrow.
Will tomorrow see 55c?, page-19
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Last
$12.22 |
Change
0.740(6.45%) |
Mkt cap ! $258.3M | |||
| Open | High | Low | Value | Volume |
| $11.50 | $12.25 | $11.49 | $395.2K | 33.29K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 100 | $11.70 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $12.22 | 127 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| AVR (ASX) Chart |