"I don’t know much about this company, only opinions based off TA"
Numerous studies (like below) underscore the significance of fundamental analysis in influencing technical analysis.
"The outcome is a robust predictive model able to forecast the trend of a portfolio composed by the twenty most capitalized companies listed in the NASDAQ100 index. As a proof of real effectiveness of our approach, we exploit the predictions to run a high frequency trading simulation reaching more than 80% of annualized return. This project represents a step forward to combine technical and fundamental analysis and provides a starting point for developing new trading strategies."
Making public price predictions while also publicly accepting you know little about RAC highlights your lack of competence in analysis.
The true potential of this company cannot be fully grasped through charts alone; it requires extensive reading, interpretation, and comprehension of complex literature, which many contributors here have devoted significant time and effort to achieve.
I'm happy for you to continue posting, but I ask that you at least inform yourself of what you are talking about.
1. https://www.sciencedirect.com/science/article/abs/pii/S0957417419304142
2. https://www.longdom.org/open-access/a-review-of-fundamental-and-technical-stock-analysis-techniques-13262.html
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Last
$1.31 |
Change
0.020(1.55%) |
Mkt cap ! $217.2M |
Open | High | Low | Value | Volume |
$1.31 | $1.31 | $1.26 | $71.25K | 55.65K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 200 | $1.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.31 | 5950 | 3 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 200 | 1.265 |
3 | 4243 | 1.260 |
2 | 1994 | 1.250 |
2 | 8434 | 1.245 |
2 | 15000 | 1.240 |
Price($) | Vol. | No. |
---|---|---|
1.310 | 5950 | 3 |
1.350 | 1824 | 1 |
1.400 | 44847 | 8 |
1.440 | 20000 | 1 |
1.500 | 7756 | 3 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
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Last
$1.31 |
  |
Change
0.020 ( 2.18 %) |
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Open | High | Low | Volume | ||
$1.30 | $1.31 | $1.26 | 10789 | ||
Last updated 15.59pm 26/04/2024 ? |
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RAC (ASX) Chart |