WMG 2.00% 25.5¢ western mines group ltd

How to use the Fear and Greed Index?The Fear & Greed Index...

  1. 969 Posts.
    lightbulb Created with Sketch. 479
    https://hotcopper.com.au/data/attachments/6283/6283426-7cd177df8a7e60dbccb66024035fd0ea.jpg


    How to use the Fear and Greed Index?
    The Fear & Greed Index ranges from 0 to 100, a reading of 0-25 indicates extreme fear, while a reading of 75-100 indicates extreme greed. The index can help investors and traders identify market trends and potential turning points. By understanding the sentiment of the market, investors can avoid making decisions based on emotions and biases.

    When the Fear and Greed Index is at an extreme level of fear (0-25), it can indicate that investors are overly worried and selling their assets out of fear. This could present a buying opportunity for investors who believe in the long-term potential of the market.

    Conversely, when the Fear and Greed Index is at an extreme level of greed (75-100), it can indicate that investors are overly optimistic and buying assets out of greed. This could be a sign that the market is due for a correction.

    How is the Price Momentum (Histogram) calculated?
    Momentum focuses on the rate of change in stock prices over a specific period. It assesses how quickly prices are moving in a particular direction, whether upward or downward. A momentum value above 50 indicates that prices are fueled by strength to move upward. This suggests that buying pressure is dominant in the market, driving prices higher. Conversely, a momentum value below 50 indicates that prices are fueled by strength moving downward. This suggests that selling pressure is dominant, pushing prices lower.
    https://hotcopper.com.au/data/attachments/6283/6283432-bd20d38f7c759fb49342abacdbc218fa.jpg

    We are fattening him up for Christmas.

 
watchlist Created with Sketch. Add WMG (ASX) to my watchlist
(20min delay)
Last
25.5¢
Change
0.005(2.00%)
Mkt cap ! $20.83M
Open High Low Value Volume
25.8¢ 25.8¢ 25.5¢ $1.275K 5K

Buyers (Bids)

No. Vol. Price($)
2 7217 24.5¢
 

Sellers (Offers)

Price($) Vol. No.
27.0¢ 21207 1
View Market Depth
Last trade - 14.48pm 23/08/2024 (20 minute delay) ?
WMG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.