What is happening to KGN share price?
Hi All,
I've been following KGN for a few months. It seems to follow Dow Jones index closely. However in the last 5 trading sessions, the Dow index has gone up every day, yet KGN has dropped nearly every day during the last 5 sessions. Furthermore, i realised in the past, it has dropped suddenly but yet in the course of the day, it will still spike up high and for traders it can be a sign for taking profits. But this did not happen in the last 5 trading sessions.
Furthermore, the spread between buy and sell could be a few cents before the last 5 sessions, yet in the last couple of days, the spread is 0.01 cent with lots of sellers at each level. Something has changed dramatically in the last 5 sessions and I don't know what causes it since there are no announcements apart from today. Today's announcement I thought was positive as Blackrock accumulated 5% of KGN, yet the shares opened 0.02 below yesterday's price and continue to drift lower throughout the day. Does anyone have a good explanation of what is happening to KGN during the last 5 sessions and what their views on the direction of the share prices in the next week?
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What is happening to KGN share price?Hi All,I've been following...
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Last
$4.22 |
Change
0.000(0.00%) |
Mkt cap ! $424.6M |
Open | High | Low | Value | Volume |
$4.25 | $4.26 | $4.18 | $1.568M | 371.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 244 | $4.21 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$4.23 | 6307 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 244 | 4.210 |
2 | 2339 | 4.200 |
1 | 2338 | 4.190 |
3 | 6337 | 4.180 |
1 | 742 | 4.170 |
Price($) | Vol. | No. |
---|---|---|
4.230 | 6307 | 1 |
4.240 | 742 | 1 |
4.250 | 9270 | 4 |
4.260 | 20052 | 5 |
4.270 | 3080 | 2 |
Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
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KGN (ASX) Chart |