Low volume trading on an illiquid stock can cause havoc in any direction. If you look at the daily volumes it doesn't match the sharp drop in price so I don't think everyone's running for the gates. OBV is still in its year long slight uptrend... "The price hits a new low while OBV grinds at or above the last support level: bullish divergence, predicting the sell-off will stall or reverse. "
The good news is the gap from Nov 2020 has been filled and the price is now hovering around the old major support from previous highs. I've taken another few bites at the 160 level as a safeish top up.
Low volume trading on an illiquid stock can cause havoc in any...
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Last
93.5¢ |
Change
-0.030(3.11%) |
Mkt cap ! $374M | |||
| Open | High | Low | Value | Volume |
| 96.5¢ | 96.5¢ | 93.0¢ | $194.2K | 206.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 5135 | 93.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.0¢ | 5500 | 1 |
View Market Depth
| Last trade - 16.10pm 31/05/2024 (20 minute delay) ? |
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Last
94.0¢ |
Change
-0.030 ( 3.67 %) |
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| Open | High | Low | Volume | ||
| 95.0¢ | 95.5¢ | 93.0¢ | 28445 | ||
| Last updated 15.41pm 31/05/2024 ? | |||||
| RMC (ASX) Chart |