NMR native mineral resources holdings limited
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I thought it would be interesting to calculate the weekly VWAP...

  1. ausmitch
    191 Posts.
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    20/01/12
    22:33
    Post #: 9579431
    I thought it would be interesting to calculate the weekly VWAP and see how that correlated to the closing price for that week. It confirms a steady rise like you said and also fairly good consolidation over the last two weeks at least.

    Dec 20-23 *Market sensitive news
    -Closing: 3.7c
    -VWAP: 3.9375
    Dec 28-30
    -Closing: 4.8c
    -VWAP: 4.656
    Jan 3-6
    -Closing: 5.3c
    -VWAP: 4.835
    Jan 9-13
    -Closing: 5.4c
    -VWAP: 5.474
    Jan 16-20
    -Closing: 5.7c
    -VWAP: 5.684

    NMR Price at posting: 5.7¢ Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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