GMG 1.41% $36.30 goodman group

why??, page-10

  1. 217 Posts.
    Bollinger Bands

    GMG.AX has closed below upper band by 20.4%. Bollinger Bands are 64.7% narrower than normal. The narrow width of the bands suggests low volatility as compared to GMG.AX's normal range. The bands have been in this narrow range for 3 bars. This is a sign that the market may be about to initiate a new trend.

 
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