We saw what was probably a non-listed bid causing the price to rise on Wednesday. But without a favourable buy-sell ratio ie >1.0, the price fell back fairly quickly. If the buy-sell ratio was above unity when the big buy occurred then there is a reasonable chance that the price would stabilise at the higher price.
No-one can predict exactly what is going to happen unless it is dead obvious. But trends can be understood with sufficient information. Even so, surprises are not unknown...
Robert
is the buy sell ratio relevant, page-4
Add DYL (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$1.22 |
Change
0.015(1.24%) |
Mkt cap ! $1.182B | |||
| Open | High | Low | Value | Volume |
| $1.23 | $1.27 | $1.22 | $7.259M | 5.849M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 19168 | $1.22 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.23 | 8000 | 1 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| DYL (ASX) Chart |