I wouldn't worry too much about the absolute total volume between bid/ask. One thing I take note of is the bid volume size close to the current price. In this case, the bids from 0.665+ would indicate to me some pent up demand. While on the ask side, volume seems lighter close to the current price but a fair chuck of sellers around 0.73. It would take quite some buyers demand to push through 0.73
One thing you dont know about the bid/ask volumes are brokers using algorithm trading systems or dark pools which hits the bid/ask when prices move or based on a strategy. If a client has a large order and want to work the order throughout the day without impacting the price, they could hit the bid/ask every couple of minutes without showing their intention. They can set limits on sell/buy orders, i.e. dont sell below price xyz or buy over price abc. You will never know as it's not shown on the volume screen.
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I wouldn't worry too much about the absolute total volume...
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Last
6.7¢ |
Change
0.004(6.35%) |
Mkt cap ! $16.46M |
Open | High | Low | Value | Volume |
6.7¢ | 6.7¢ | 6.7¢ | $1.34K | 20K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
7.2¢ | 28900 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 10000 | 0.067 |
1 | 150000 | 0.063 |
1 | 41283 | 0.062 |
1 | 48500 | 0.061 |
1 | 116000 | 0.060 |
Price($) | Vol. | No. |
---|---|---|
0.072 | 28900 | 1 |
0.074 | 39327 | 1 |
0.078 | 100000 | 1 |
0.082 | 20952 | 1 |
0.084 | 50000 | 1 |
Last trade - 11.44am 26/08/2024 (20 minute delay) ? |
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AEI (ASX) Chart |