I wanted to explore the significance of the % over the "0" line(Accumulation) of the 100 period long term Money Flow Indicator with other well know growing companies in comparison to WBT.
So I have compared days in each chart were the uptrend took off or historically large volume signaled the rally was starting in earnest. Very interesting findings.
Legend - 100period Money Flow % at start(SMFI),MFI % high for rally(HMFI), Low price at start(LP), Highest price reached(HP)
1) DUB LP-0.50c ,SMFI - 12% on 12/2/19. HMFI - 26% on 25/02/19. HP - $1.76 on 7/10/19. No big change in volume at rally start.
2)ISX LP - 0.325c,SMFI - 2% on 16/5/19. HMFI - 14% during 8/19. HP -$1.76 on 10/10/19. Big volume increase as rally started and progressed.
3)NVX LP - 0.435c, SMFI - 12% on 2/6/20. HMFI - 40% 0n 9/6/20. HP $1.75 on 24/8/20. Record volume at LP which got bigger and bigger.
4)BUD LP - 0.014c, SMFI - 6% on 6/8/20. HMFI TBA rally ongoing. HP today 0.062c. Massive volume increase.
5) WBT LP - 0.295c, SMFI 18% on 21/8/20 HMFI TBA rally ongoing. HP today 0.565c. Record volumes to kick off.
WBT shareholders can reasonably expect a very nice Xmas dinner if all goes to plan. oh and $1.76 is look like a lock haha.
Charts, page-76
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 (20min delay)
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Last
$2.23 |
Change
-0.070(3.04%) |
Mkt cap ! $420.9M | |||
| Open | High | Low | Value | Volume |
| $2.30 | $2.30 | $2.23 | $1.023M | 452.8K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 8 | 29589 | $2.23 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.26 | 3896 | 1 |
View Market Depth
| Last trade - 16.10pm 14/06/2024 (20 minute delay) ? |
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Last
$2.24 |
Change
-0.070 ( 2.63 %) |
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| Open | High | Low | Volume | ||
| $2.30 | $2.30 | $2.23 | 114058 | ||
| Last updated 15.59pm 14/06/2024 ? | |||||
| WBT (ASX) Chart |