I'm not familiar with the intraday stuff currently as doing other things but I see from the daily that there was a large range today. That's going to happen with this stock as the market depth is just shite so to get in or more importantly to get out, you're going to need to wipe plenty of lines. (that's not a positive to any stock, it's a negative).
RAC needs a market maker badly which will attract investors.
Currently, you're trading above the bollie median which is great, MACD is making solid positive progress to jump across the signal line therefore overall the chart is good.
Here's the important one for long termers. The weekly.
Important to note that this week might be pivotal as you can see it's currently crossing over the bollie median with 2 sessions to go. Just gotta get MACD working for you as well so I would be predicting that the SP may go sideways here while MACD catches up. If that happens then the result is quite bullish. IMO. The bollie bands evening out also signals to me of sideways movement.
And while I'm here, the 30mins and hourly are both trading above the 8 and 20 ema's. Lovely.
Cheers
Add to My Watchlist
What is My Watchlist?
 (20min delay)
|
|||||
|
Last
$1.20 |
Change
-0.040(3.23%) |
Mkt cap ! $208.4M | |||
| Open | High | Low | Value | Volume |
| $1.24 | $1.24 | $1.20 | $103.7K | 85.92K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 12091 | $1.20 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.22 | 9720 | 1 |
View Market Depth
| Last trade - 16.10pm 27/06/2025 (20 minute delay) ? |
| RAC (ASX) Chart |