Always remember : volume precedes price movement.
"A trader can't live or die by any one indicator. But understanding volume can provide insight into a stock's behavior to help you determine its overall health. The most important rule is this: volume precedes price. Typically, before a stock price moves, volume comes into play. The beauty of this indicator is its flexibility. Changes in volume can be used intra-day to determine short-term price movement or over several days to determine a stock's two to three day trend direction."
"In general, a price change on relatively low volume for a particular stock suggests an aberration, whereas a price change on high volume portends a genuine trend reversal. An active trader looks at volume to determine a price trend and the obvious goal is to trade in the direction of the major price trend."
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Last
7.3¢ |
Change
0.006(8.96%) |
Mkt cap ! $17.56M |
Open | High | Low | Value | Volume |
6.9¢ | 7.4¢ | 6.9¢ | $4.343K | 60.04K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 127706 | 7.3¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.0¢ | 18000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 127706 | 0.073 |
3 | 57292 | 0.070 |
2 | 202167 | 0.069 |
1 | 100000 | 0.068 |
2 | 75500 | 0.067 |
Price($) | Vol. | No. |
---|---|---|
0.080 | 18000 | 1 |
0.087 | 6500 | 1 |
0.090 | 55000 | 1 |
0.092 | 3003 | 1 |
0.155 | 1701 | 1 |
Last trade - 15.48pm 01/11/2024 (20 minute delay) ? |
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GW1 (ASX) Chart |