On what do you base your claim that ADN is oversold? I don't consider it oversold.
The Relative Strength Index (14 period) is currently 37% on the daily chart and 52% on the weekly chart.
The price is still well within two standard deviations of the last twenty days close and within one standard deviation of the last twenty weeks close.
It is currently 44% above its 200 day moving average.
ADN CHART, page-4594
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Last
0.8¢ |
Change
0.000(0.00%) |
Mkt cap ! $27.14M | |||
| Open | High | Low | Value | Volume |
| 0.9¢ | 0.9¢ | 0.8¢ | $19.90K | 2.304M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 37 | 14679959 | 0.8¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 0.9¢ | 15495976 | 20 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| ADN (ASX) Chart |