RMS 0.77% $1.97 ramelius resources limited

RMS chart, page-64

  1. 412 Posts.
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    I have asked this question of other chartists but never received anything near a reasoned reply. What do you think?

    The repertoire of indicators and chart patterns evolved largely during a period when markets were little influenced by the advanced application of computing e.g. algorithms and fast computerised trading and turnover. How significant are these indicators today?

    I use diversions between market price and Commodity Channel indicators as a guide to where the market, or individual stocks, may be heading. It works marvelously in hindsight across the spectrum but is a still a headache in real time.

    I have asked for instance whether there is an indicator based on bot frequency direction, buyback money flow as a proportion of total market money flow or money flow to low share price techs. as a proportion of total market money flow as an indicator of possible peak exhaustion but get shrugged off.

    Any thoughts? Indicators at the best of times are only that - no guarantees. I never engage hope as a partner.

    A nice conundrum for a smoky bushy Sunday.
 
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Last
$1.97
Change
0.015(0.77%)
Mkt cap ! $2.247B
Open High Low Value Volume
$2.00 $2.01 $1.95 $9.599M 4.870M

Buyers (Bids)

No. Vol. Price($)
4 87547 $1.96
 

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Price($) Vol. No.
$1.97 134610 6
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Last trade - 16.10pm 12/07/2024 (20 minute delay) ?
RMS (ASX) Chart
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