We've got a similar channel, yours seems to not be anchored by price action though and tighter. Arbitrary trial and error placement? Mine's a bit wider and gives you a clear sense of where price is compared to linear reversion (high and low rails of the channel, each one being one standard deviation above/below the mean).
Same result, our channels indicate +/- value relative to prevailing price action. Problem with hand placed lines is the propensity to adjust them as price action unfolds, especially a risk considering how hard it is to place the line when it's dashes. I guess it's not meant to be exact and represents an 'area' of over/under value. I just shared mine for curious other analysis to add to the mix, I'm done buying so it's just entertainment for me and perhaps helps someone else pick a good entry point.
- Forums
- ASX - By Stock
- INR
- INR chart
INR chart, page-151
-
- There are more pages in this discussion • 19 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add INR (ASX) to my watchlist
|
|||||
Last
13.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $315.5M |
Open | High | Low | Value | Volume |
13.5¢ | 13.5¢ | 13.0¢ | $126.6K | 943.4K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 20102 | 13.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
14.0¢ | 554408 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 20102 | 0.135 |
7 | 120057 | 0.130 |
11 | 481014 | 0.125 |
25 | 999412 | 0.120 |
16 | 877752 | 0.115 |
Price($) | Vol. | No. |
---|---|---|
0.140 | 554408 | 10 |
0.145 | 712604 | 14 |
0.150 | 271700 | 7 |
0.155 | 607862 | 2 |
0.160 | 105648 | 3 |
Last trade - 16.10pm 26/08/2024 (20 minute delay) ? |
Featured News
INR (ASX) Chart |