Yes you are correct. To know what longer term direction is I think WHY is far more important than chart. Yesterday we had a potential break down in Chinas US trade talks. If this happens revenue and profits will increase for Lynas lowering their PE. Of course, the Trade picture between US and China changes every couple of days so how does charting help at all?
Trade resolution LYC goes down. Trade problems LYC goes up.
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LYC
lynas rare earths limited
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$10.73

LYC Chart, page-33
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Last
$10.73 |
Change
0.080(0.75%) |
Mkt cap ! $10.03B |
Open | High | Low | Value | Volume |
$10.53 | $10.85 | $10.43 | $51.85M | 4.837M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1248 | $10.73 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$10.75 | 41 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 1248 | 10.730 |
2 | 3130 | 10.700 |
2 | 11450 | 10.690 |
1 | 7500 | 10.660 |
1 | 4000 | 10.620 |
Price($) | Vol. | No. |
---|---|---|
10.750 | 41 | 1 |
10.760 | 7057 | 3 |
10.770 | 891 | 2 |
10.800 | 3505 | 4 |
10.810 | 5000 | 1 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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