Kathmandu Holdings Ltd forms bullish "Hammer" chart pattern
Feb 11, 2021Trading Central has detected a "Hammer" chart pattern formed on Kathmandu Holdings Ltd (KMD:ASX). This bullish signal indicates that the stock price may rise from the close of1.24.
Tells Me: The price may have reached the bottom of the recent downtrend, having recovered high up from a sharp decline for the session. The Hammer appears during a downtrend, displaying a long lower shadow with a small real body at the top of the range. The price may be developing a bottom and due for a reversal to the upside.
This bullish pattern can be seen on the following chart and was detected by Trading Central proprietary pattern recognition technology.
Kathmandu Holdings Ltd forms bullish "Hammer" chart patternFeb...
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Last
42.0¢ |
Change
0.020(5.00%) |
Mkt cap ! $298.9M | |||
| Open | High | Low | Value | Volume |
| 41.8¢ | 43.5¢ | 41.5¢ | $131.2K | 309.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 521 | 41.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 42.5¢ | 8937 | 1 |
View Market Depth
| Last trade - 16.10pm 15/08/2024 (20 minute delay) ? |
| KMD (ASX) Chart |